6 things to know about Fastag

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With increasing technology, even the tolls can be paid online that can save the individual from the big waiting line. RFID-enabled device, Fastag is used for making toll payments online. It is attached to the car windscreen, allowing the user to pay by cash and without waiting in a queue. The Fastag recharge can be done via online platforms like Airtel Payments Bank, Paytm, Amazon too.

What are the charges to attain a Fastag?

To attain the Fastag, one has to pay the one-time fee of Rs. 100 (that includes GST). Along with that, the refundable security deposit is majorly charged based on the vehicle type, and it varies with the vehicle type.

What are the solo and unique benefits provided by Fastag?

  • It takes quite a long time for cash payment on toll places to create a large lineup and congestion.
  • In less than a minute, payment transactions occur. This saves fuel, as now individuals don’t need to stop their car for a lengthy period.
  • All transactions carried out using their Fastag accounts stay informed of the transfers.
  • Online credit cards and debit cards, NEFT, RTGS, or net banking are available as payment alternatives for customers. On Amazon, Paytm and Airtel Payments Bank, one can even buy and recharge Fastag.
  • Users can also save one for their toll payments by taking and panicking about the cash.
  • The Fastag web portal and Fastag applications allow customers to see their payment statements. They can therefore get a concept of their entire expenditure on toll pitches which will make their financial planning more effective.
  • Paying Fastag and Fastag recharge online provides consumers sometimes incentives such as cashback incentives, reduced and less pricing, etc.

How can one buy the Fastag?

To open a Fastag account, customers can visit any of the 22 recognised banks via several points of sale at Toll Plazas or the issuer agency. Also, the Fastags can be bought through the Airtel Payments Bank and from separate applications like Amazon, Paytm’s websites. Airtel Fastag is the alternative available to the customers for recharging their Fastag card or buying the Fastag.

What is the validity of the card after once attaining it?

The validity of Fastag is 5 years after purchase; only the need is to do a recharge or upgrade to the standard requirement, for those recharge requirements, one can use Airtel Payments Bank, Paytm to attain additional benefits.

On what particular vehicles, the Fastag are applicable and can be used?

In general, the Fastag is applicable and can be used for every type of vehicle. Along with that, the user can enjoy different benefits by taking a Fastag card on their vehicles.

What are the easy ways to do the Fastag recharge through a portal or applications?

  • The Fastag card can be recharged by using the credit card/ debit card/ NEFT/ RTGS or net banking method.
  • Users can make the maximum of Rs 1,00,000.00 recharge in their Fastag account.
  • Online recharging of Fastags can vary from issuer to issuer. It’s suggested by the issuing body to follow the steps available on their website, it’s for their self-interest only.
  • The payment procedure for Fastag is as easy as recharging your bill, which is issued by Paytm, Amazon, or Airtel Payments Bank, through which the recharge can be done or online bill payment by just recharging the wallet related to the portal.

What are the discounts available on using the Fastag for making the toll payments? 

In general, the customer can use Fastag for attaining cashback of 5% on all toll payments on national roads and highways. The cashback amount is credited back to the Fastag account of the user for a certain month in which the payment is made.