Electronic toll collection system has been started in India by the National Highways Authority of India to solve the problems caused by toll collection system at toll plazas. The Electronic Toll Collection System or Fastag Scheme was first introduced in India in 2014. Which is gradually being applied to toll plazas across the country. With the help of this system, you will be able to get rid of the problems faced while paying toll tax in the toll plaza.
With the help of Fastag, you will be able to pay your toll plaza tax in the toll plaza without stopping. All you have to do is fasten your vehicle. You can buy these tags from any official tag issuer or participating bank.
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How Fastag works
The vehicle’s windscreen is fastened and has Radio Frequency Identification (RFID). As soon as your vehicle comes near the toll plaza, the sensor on the toll plaza cuts off the charge on that toll plaza from your Fastrack account as soon as you come into contact with the fastag in the windscreen of your vehicle and you stop there. Pay your plaza tax. This tag installed in the vehicle will start its work as soon as your prepaid account is activated.At the same time, when the amount of your fastag account is exhausted, you will have to recharge it again. Fastag will have a validity of 5 years i.e. after five years you will have to install a new fastag on your car.
Benefits of fastag
The Ministry of Roads and Transport has started the this system at many toll plazas in the country to solve the problem of long line of trains and open money due to toll tax in toll plazas. With the help of Fastag, you will save your time as well as your petrol or diesel. Not only this, people using it between 2016-17 will also get 10% cashback on all toll payments.
At the same time, you will get 7.5% between 2017-2018, 5% cash back between 2018-2019 and 2.5% cash back by 2019-2020. Your cash back will come to your Fastag account within a week. Till now this was applicable only on toll plazas in select cities of India. But after its success, the Ministry of Roads and Transport is trying to start it at every toll plaza of the country soon.
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SMS will be available
Whenever you cross a toll plaza from a vehicle with Fastag, an SMS will come to you after deducting your fee from the Fastag account. You will be given information about how much amount has been deducted from your Fastag account through SMS.
These banks will be recharged
You can recharge your Fastag account through credit card, debit card, RTGS and net banking. At least 100 rupees can be recharged in Fastag account and up to one lakh. You can open your fastag sticker and fastag account by visiting any toll plaza and agency inside any point of sale (POS). By going to the website of National Highways Authority of India, you can find the location of the Point of Sale in your vicinity.
At the same time, ICICI Bank and Axis Bank come inside the POS. In the coming times, IDFC Bank and SBI Bank will also be included in it soon. At the same time, you can recharge Fastag account through SBI Bank, ICICI Bank, Axis Bank, HDFC Bank, Punjab National Bank, Syndicate Bank, Paytm, Karur Vyas Bank, HDFC Bank. At the time of opening the fastag account, you will also need to submit the following documents along with a form given, which are as follows:
1.Vehicle Registration Certificate (RC)
2.Passport photo of owner
3.KYC documents of the vehicle owner and any documents that address your home
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When did Fastag start in India
In India, this system was first introduced in 2014 between Ahmedabad and Mumbai Highway. In July 2015 it was commissioned at the Chennai-Bengaluru toll plaza. So far this facility has been started at 332 toll plazas of the country. That is, in these toll plazas, you can pay toll tax through Fastag.
Fastags mandatory from 1st Dec 2019
In 2019, it will be extremely necessary to fasten all four-wheelers sold after December 1. The Ministry of Road Transport and Highways has asked all vehicle manufacturers and vehicle dealers to ensure that the vehicles purchased from them from December 1, must be fastened by their owner.