Things to know about FASTag and its Features in India

The ETC (Electronic Toll Collection) system FASTag for car and other vehicles is all set to be rolled out from mid-December. As per the earlier announcement, FASTag was to receive a full-fledged implementation on the 1st of December, 2019. However, a breather of 15 more days came in as a move to allow for a more comprehensive implementation of this new toll collection regime for vehicle owners. Take a quick look at a few stats related to the rollout.

Highlights of FASTag implementation

  •     15th December – Date for mandatory implementation of FASTag for car and for other vehicles.
  •     35,000 – Daily average number of tags sold in November, 2019 after the announcement of FASTag rollout.
  •     1.36 lakh – Estiamted number of FASTag cards sold singularly on the 26th of November, 2019, highest recorded in a day.
  •     Rs.19.5 crore – Average daily toll collection between July and November 2019 since the rollout of FASTag.
The stats and facts mentioned here represent a successful track for 100% implementation of the automatic toll collection system. Now, take a look at other essential things to know about FASTag India for convenient compliance.

5 things about FASTag you must know

1. Function of FASTag

FASTag brings automatic payment of toll charges across toll plazas on national and state highways. It is a Radio Frequency Identification (RFID) enabled device that ensures quick and hassle-free payment of toll charges while driving through toll plazas.

FASTag payments thus ensure smooth toll collection without disrupting traffic on the highways. Implemented by the National Highway Authority of India (NHAI), FASTag aims to streamline and simplify toll collection, while ensuring many other benefits.

2. Uses of the ETC system

The Electronic Toll Collection system is already implemented at around 450 toll plazas across state and national highways. To bring it to its full force, the NHAI seeks to bring many more toll booths within this system.

The use of FASTag implementation extends to both the government as well as vehicle-owners.
  • For the government
In the view of digital payments purported by the Indian government, digital FASTag payment modes only adds support to the initiative. It also simplifies NHAI’s efforts to keep track of toll plazas as well as vehicles plying on highways.

Further, this automated technology also reduces workforce allocation to these booths, thus bringing down government expenditure. Not to mention, it will ease traffic monitoring, hence helping the government reform its toll policy.
  • For vehicle owners
As vehicle owners are mandatorily required to get FASTag for their vehicles, it will ensure a reduction in traffic congestion around toll booths. Faster toll collection with minimum stoppage will also help save on fuel usage.

3. Prepaid service

FASTag for car and other vehicles is a prepaid service, whereby vehicle owners need to open an account with any of the 23 authorised financial institutions. Mandatory fee payment of Rs.200 is required, and deposit to the account starts at Rs.100 for toll payment.

The prepaid service allows for toll deductions while passing through a toll booth, and the prepaid balance reduces simultaneously. It thus eliminates the need to carry cash for toll payments.
  1. Direct linking to account or wallet for easy recharge
Once the prepaid amount is exhausted, the vehicle owner needs to recharge it for toll deductions in the future. Recharging your FASTag card is simple as it is directly linked to your account or wallet. All you need to do is pay through any of the methods available like net banking, debit card, credit card, wallet, etc.

    2. Documents required for FASTag registration

Individuals must register with FASTag for car or any other vehicle, and affix the sticker to their vehicle’s windshield. They must provide the following documents to register successfully.
  •     The vehicle’s registration certificate.
  •     Owner’s photograph (Passport-size.)
  •     KYC documents like Voter ID Card, Aadhaar Card, Driving License, etc.
For corporate vehicle owners, the KYC documents differ and must be submitted as mentioned on the official website on a case-to-case basis.

With these essential details in mind, a vehicle owner can proceed to register for FASTag and comply with NHAI’s regulatory requirement. Statistically, toll collection witnesses a spike during weekends due to more vehicles plying from one state to another for weekend trips. While FASTag makes toll payment simpler, vehicle owners can make their end-of-the-week trips even better by purchasing Pocket Insurance and Subscriptions like the Road Trip Protection offered financial coverage against unforeseen circumstances on the road and other assistance.
Things to know about FASTag and its Features in India Things to know about FASTag and its Features in India Reviewed by Bella Jonson on January 28, 2020 Rating: 5

1 comment:

  1. نصائح لتعطير المنزل يوجد بعض النصائح التي يمكن عن طريقها تعطير المنزل بالروائج الجميلة ومنها:
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