Just Like Insurance, Now FASTag is Also Mandatory - Here’s All You Needto Know
The FASTag is a rechargeable
tag attached to the windscreen of a vehicle. It facilitates an automatic
deduction of charges when the vehicle passes a toll plaza. Thanks to the convenience
of the FASTag, you no longer need to worry about long queues and traffic jams
on the highway. The FASTag works by functioning on radio-frequency
identification.
At present, FASTags are mandatory for all personal and commercial vehicles plying Indian roads. Any motorist who does not have this tag in place will find themselves paying up to double the usual fee for crossing a particular toll plaza. Do remember that it is also mandatory to have a basic motor insurance policy in place to ply your vehicle legally.
Purchase and activation of FASTag
A motorist can buy their
FASTag from one of the 22 banks that have been sanctioned to sell them. These
tags can be purchased at the bank branch or even at the toll plaza.
One you have purchased your
FASTag, you must download the ‘My FASTag’ application from the Apple Store or
Google Play Store and register your details. You can choose to link any of your
bank accounts for deduction of payments. Moreover, the National Highways
Authority of India has also established a prepaid wallet that can be used to
make FASTag payments for customers who would not want the money to directly get
cut from their bank accounts. The prepaid wallet can be recharged via NEFT,
credit/debit card, and UPI.
If you are not too familiar
with how to download an app on a smartphone, you can simply visit one of the
banks that has permissions to issue a FASTag. The bank staff will help you with
the necessary activation. When you head
over to the bank to activate your FASTag, do remember to carry along the
documents required by the bank for the KYC procedure. You could call them up
and inquire into the documents needed.
The maximum cost for a FASTag
is Rs 100.
Do note that a single FASTag
cannot be shared by two vehicles. You need to purchase an individual FASTag for
each vehicle you own. Also, if you lose your FASTag, it may get misused.
Therefore, you would need to contact the bank you purchased it from and ensure
that the tag gets blocked.
So, if you have not got your
very own FASTag yet, it is time you do. Indeed, the FASTag looks set to make
life easier for motorists. It minimizes any hassles of fiddling with your
wallet to find money with the pressure of a long line of cars honking behind
you. Also, don’t forget to ensure that your car insurance is renewed and valid.
Third-party
car insurance
is compulsory for all vehicle owners as per the regulations of The Motor
Vehicles Act, 1988. So, make sure that you are legally compliant as a motorist
with your FASTag and your car insurance in place, both of which are truly
designed to help give you peace of mind. Hope this article helps you.
Also Read :
Comments
Post a Comment