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What are FASTags, and How Can It Help to Track a Vehicle?
Posted on Monday, February 26th, 2024 | By IndusInd Bank
FASTags facilitate quick and convenient toll payments across state and national highways in the country. First introduced in 2014 as a cashless model to allow digital payments at toll booths, it uses Radio Frequency Identification (RFID) technology to automatically deduct payments from the linked prepaid account. Using this technology, FASTag can also help businesses and individuals track vehicles. Apply for a FASTag online with IndusInd Bank.
To ease the problem of traffic congestion on highways and long queues at toll plazas, the government of India introduced the FASTag facility in 2014. In 2021, the government mandated the use of FASTag for all four-wheelers passing through national highway toll plazas. To date, the system has been implemented at about 1000+ toll plazas with an aim to introduce a cashless toll payment collection model.
The National Highways Authority of India (NHAI), in partnership with banks and online payment platforms, provides FASTags to customers to enable quick and easy toll payments. Overall, this enhances the travel experience for consumers as they experience reduced wait times.
In addition to making highway journeys convenient, FASTag also acts as a real-time vehicle tracking tool.
What is FASTag?
FASTag is an easy-to-use, reloadable tag fitted on vehicles to enable quick toll payments across national highways in the country. It uses the Radio Frequency Identification (RFID) technology to automatically deduct payments from the linked prepaid account.
For instance, you can link your IndusInd Bank debit card to your FASTag account for electronic toll payments. When your vehicle passes through the toll plaza, the tag reader at the booth will read the FASTag affixed on the windshield and deduct the toll amount from your linked account. You will instantly receive an SMS alerting you of the transaction on your registered mobile number. This eliminates the need to stop for cash payments and allows for faster transactions.
If you have not applied for a FASTag online, you can easily do so by visiting the IndusInd Bank website. Go to our FASTag portal to create a FASTag account for your vehicle by filling in the application form along with the required documents. Make the fee payment according to your vehicle class, and the FASTag will be delivered to your doorstep.
How Does FASTag Help Track Vehicles?
Apart from facilitating cashless toll payments on national highways, FASTag can also help track the movement of a vehicle. This is made possible with the RFID technology used for automatic toll deductions in FASTags.
This RFID tag records the vehicle’s information in real-time as it enters a toll plaza.This information includes the plate number, location, timestamp, movement, and direction. The tracking feature is linked with the vehicle number and updated regularly.
All the data related to the vehicle location and movement is recorded in digital systems and is available for 72 hours. This facility is especially useful for businesses that operate vehicle fleets and want to track their location.
Register for a FASTag with IndusInd Bank
Implemented to encourage digital toll payments, FASTag has been successful in reducing congestion and waiting time on highways with automatic payments. FASTag also offers a convenient way to track a vehicle in real time. Thus, FASTag is a convenient and efficient way to travel on state and national highways across the country.
At IndusInd Bank, you can apply for a FASTag online, hassle-free. Enjoy a smooth online application process to buy or replace a tag. Furthermore, you can use your IndusInd Bank debit card, or net banking account to automatically conduct FASTag recharge online. Finally, you receive real-time SMS alerts on your registered mobile number for every transaction through the tag account.
Visit the IndusInd Bank’s FASTag portal for more details.
References:
- https://www.indusind.com/in/en/personal/fastag.html
- https://fastag.indusind.com/
- https://www.fr8.in/blog/choose-the-best-tracking-system-to-track-your-truck/#4_FASTag_Tracking
- https://www.mastersindia.co/vehicle-tracking/
- https://www.superprocure.com/blog/gps-sim-fastag-realtime-tracking-impact-on-indian-logistics-industry/#:~:text=FASTag%20vehicle%20tracking%20solution%20uses,into%20the%20in%2Dtransit%20shipments.
- https://www.hindustantimes.com/india-news/fastag-will-be-like-aadhaar-for-vehicles-gadkari/story-H9BCDhFs2knxTiTjqmJl2N.html
- https://pib.gov.in/PressReleaseIframePage.aspx?PRID=1921359#:~:text=Since%20FASTag%20was%20mandated%20by,including%20339%20state%20toll%20plazas.
- https://paytm.com/blog/fastag/how-to-pay-using-fastag-at-toll-plaza-is-fastag-mandatory/
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.
