Every citizen of India when using the national highways of the country has to pay a form of fee in order to pass the turnpikes which are sometimes owned publicly or privately. These fees need to be usually paid in cash and this policy enables the National Highways Authority to recover the expenses incurred while constructing these roads. When drivers reach the toll tax plazas they need to slow down their vehicles and wait in the formed cues. The drives pay the tax or the fee, are given a token of recognition of their payment and are allowed to pass after it.
This age-old method of paying toll tax changed with the introduction of FASTag. FASTag as the name suggests is basically a tag that is reloadable and allows for subtraction of the toll fees automatically without having to stop at the toll tax plazas. It is a simple, convenient and efficient form of paying tax.
FASTag was introduced by the National Highways Authority of India and the method makes use of a Radio Frequency Identification (RFID) technology.
This technology links the FASTag account of the concerned driver or owner of the vehicle with a prepaid account. A tag is provided by the NHAI which is pasted across the windscreen of the vehicle. The tag is valid for five years after which it needs to be recharged once again. When making the recharge or when paying the amount of FASTag customers of this technology can make the payment through their NEFT and RTGS bank accounts. Customers can also opt for paying with their credit or debit cards or can also indulge in NET banking. This nation-wide Electronic toll collection service guarantees hassle-free driving.
Aside from the benefits already mentioned above, customers by making use of the FASTag feature can cut down on fuel cost which arises as a result of making near non-stop movements. FASTag is not only fuel-saving but also time saving as you no longer need to wait in long ques. It is very environmental friendly as it cuts down on air pollution and guarantees zero usage of paper.
Customers will be able to assess their passage and monetary transactions from their FASTag account by getting a notification on their SMS facility. FASTag is also economically beneficial as there is lowered management at the toll plazas and lowered central monitoring. Many banks across the country are by now FASTag enabled. For both old and new users there is a cash-back of up to ten percent that is being offered of many national banks in the country.
This age-old method of paying toll tax changed with the introduction of FASTag. FASTag as the name suggests is basically a tag that is reloadable and allows for subtraction of the toll fees automatically without having to stop at the toll tax plazas. It is a simple, convenient and efficient form of paying tax.
FASTag was introduced by the National Highways Authority of India and the method makes use of a Radio Frequency Identification (RFID) technology.
This technology links the FASTag account of the concerned driver or owner of the vehicle with a prepaid account. A tag is provided by the NHAI which is pasted across the windscreen of the vehicle. The tag is valid for five years after which it needs to be recharged once again. When making the recharge or when paying the amount of FASTag customers of this technology can make the payment through their NEFT and RTGS bank accounts. Customers can also opt for paying with their credit or debit cards or can also indulge in NET banking. This nation-wide Electronic toll collection service guarantees hassle-free driving.
Aside from the benefits already mentioned above, customers by making use of the FASTag feature can cut down on fuel cost which arises as a result of making near non-stop movements. FASTag is not only fuel-saving but also time saving as you no longer need to wait in long ques. It is very environmental friendly as it cuts down on air pollution and guarantees zero usage of paper.
Customers will be able to assess their passage and monetary transactions from their FASTag account by getting a notification on their SMS facility. FASTag is also economically beneficial as there is lowered management at the toll plazas and lowered central monitoring. Many banks across the country are by now FASTag enabled. For both old and new users there is a cash-back of up to ten percent that is being offered of many national banks in the country.
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