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Features and benefits of FASTag
Posted on Thursday, August 4th, 2022 | By IndusInd Bank
Daily traffic in the city is practically unavoidable. No matter who you are and what vehicle you use for your commutes, you are bound to experience traffic, in some form or other. While it may be hard to escape traffic queues in the city, with FASTag you could zoom through a toll plaza without waiting behind dozens of other vehicles. By attaching this tag to your vehicle, you can pass through toll booths while driving across national highways. Its Radio Frequency Identification (RFID) technology enables the toll booth to recognise the vehicle and apply charges accordingly.
How does it work?
Acquiring and using FASTag can be pretty straightforward. You can get a FASTag at four places – at select toll booths, on your bank’s website (like https://fastag.indusind.com) or branch, on the “MyFASTag” app, or on an e-commerce platform like Amazon. For the registration process, you would need KYC documents (originals and photocopies), passport-size photographs, and vehicle documents such as a Registration Certificate.
How to use FASTag?
Paste FASTag on your windshield, face down. When you pass a NETC FASTag-enabled tollbooth, a scanner uses RFID to scan your FASTag automatically. The amount gets deducted from your wallet/account directly and you are notified regarding the same via SMS.
You can get FASTag recharge online with IndusInd bank, which has many other features and benefits that could simplify your life.
FASTag features for you
- Its one-time joining fee and re-issuance fee are INR 100, including GST charges
- A security deposit ranging from INR 200-500, depending on the vehicle, is compulsory
- FASTag is issued per vehicle regardless of ownership
- Once you get your FASTag, it has a validity period of 5 years
- You can get FASTag recharge online through net banking, UPI, BBPS or credit/debit cards
- FASTag is available in around 360 toll booths across National and State Highways
FASTag benefits for you
- Every time money is deducted through FASTag at toll plazas, you are notified about the location and the amount via SMS.
- FASTag can be recharged online
- You can save on fuel charges and time as your waiting period gets reduced
- Digital payment and better traffic management make it overall environmentally friendly.
Conclusion
Since January 15, 2020, FASTag has become mandatory in India. Offering smooth and hassle-free commutes across national highways, FASTag can make your travels even more convenient. With IndusInd Bank’s Auto Top-Up Functionality & a linked IndusInd Bank account, when your tag approaches a low balance, it automatically funds itself from your account without requiring your intervention. Apply for IndusInd FASTag today!
Disclaimer: The information provided in this article is generic in nature and for informational purposes only. It is not a substitute for specific advice in your own circumstances. Hence, you are advised to consult your financial advisor before making any financial decision. IndusInd Bank Limited (IBL) does not influence the views of the author in any way. IBL and the author shall not be responsible for any direct/indirect loss or liability incurred by the reader for taking any financial decisions based on the contents and information.
