Page 2 - Fastag

FASTag annual pass from August 15: Save up to Rs 20,000 on highway tolls

New policy to benefit frequent private car users, with savings of up to Rs 20,000 for those making 200 trips at an average toll of Rs 100 per trip

UPI limits to KYC verification: Key changes in finance rules from Aug 1

SBI Card discontinues complimentary air accident insurance for some of its products and PNB requests customers to complete identity verification

Dissatisfied with your bank's FASTag service? Here's how to move to new one

You have to submit KYC documents and close an account before opening a new one

NHAI to blacklist users misusing loose FASTags to reduce toll delays

State-owned NHAI on Friday said it has strengthened the process for reporting 'loose FASTag' for blacklisting users to ensure smooth tolling operations. In view of upcoming initiatives like the annual pass system and multi-lane free flow (MLFF) tolling, it is critical to address this issue to ensure FASTag authenticity and system reliability, the National Highways Authority of India (NHAI) said in a statement. "To ensure smooth tolling operations and strengthen reporting of 'loose FASTags', NHAI has further streamlined its policy for the Toll Collecting Agencies and Concessionaires to immediately report and blacklist 'loose FASTags', that are also commonly called tag-in-hand," it said. The statement said that sometimes, highway users deliberately do not fix FASTags on the windscreen of vehicles. "Such practices pose operational challenges leading to lane congestion, generation of false chargebacks, misuse in closed-loop tolling systems, causing overall disruption of the Electronic

FASTag annual pass may cut toll road operators' revenues by 4-8%: Crisil

Crisil sees revenue loss of 4-8 per cent for toll road operators due to new FASTag annual pass scheme; compensation from NHAI will be key to limiting credit impact

Annual FASTag pass to make highway toll payment easier: This is how

Nitin Gadkari says 'transformative step' will save time for drivers of non-commercial private vehicles

Govt announces annual FASTag pass for ₹3,000, effective August 15

Union minister Nitin Gadkari said the pass will be valid for a year from the date of activation or up to 200 trips

NHAI fines toll collectors for 'false' deductions - Check how to reclaim it

The 'false' FASTag toll deduction happens when money is wrongly deducted from a vehicle owner's FASTag account due to system errors, operator mistakes, or tech glitches in toll plaza infrastructure

New FASTag transaction norms not to impact highway users' experience: NHAI

The National Highways Authority of India (NHAI) has clarified that users' experience on highway toll plazas will not be impacted with the implementation of new norms on FASTag transactions. The clarification came after the National Payments Corporation of India (NPCI), an umbrella organisation for operating retail payments and settlement systems, introduced a new regulation with regard to delayed transactions due to inactive FASTags at toll plazas. The rules have come into effect on February 17. The NPCI circular aims to ensure that the FASTag transactions are settled within the reasonable time of vehicle passing a toll plaza so that customers are not harassed by late transactions, NHAI said in a statement. "The circular has been issued by NPCI to facilitate resolution of disputes between acquirer bank and issuer bank on FASTag status while vehicle crosses toll plazas," it said. The NHAI further said that all National Highway toll plazas operate on ICD 2.5 protocol which gives ...

NPCI's new FASTag rules take effect from today: What should users do?

A FASTag that is hotlisted or on the exception list will have a maximum window of 70 minutes to resolve issues like low balance, KYC updates, or registration number mismatches

FASTag new rules from Feb 17: All about toll charges, penalties and more

The new FASTag regulations will go into effect from February 17, 2025. Learn how to prevent blacklisting, check your FASTag balance, and avoid paying twice at toll booths

UPI volume scales new peak of 16.99 billion in January, shows NPCI data

The number of daily transactions for January stood at 14.33 million, up from 14.23 million in December, which translated into a daily transaction value of Rs 19,562 crore

Delhi congestion tax: Vehicles may face peak hour charges at city borders

The Delhi government plans to introduce a congestion tax on vehicles entering the city during peak hours -- 8 am to 10 am and 5:30 pm to 7:30 pm -- at 13 major border entry points

New UPI AutoPay rule: No 24-hour pre-debit alert for FASTag & RuPay NCMC

Issuer banks of NETC FASTag and RuPay NCMC must ensure that auto-replenishment done under pre-debit notification exceptions is strictly used for its intended purposes of NETC FASTag and RuPay NCMC onl

Delhi govt to soon notify new rates, norms for buses at ISBTs: Raj Niwas

The Delhi government will soon notify new rates and norms for buses at interstate terminals, Raj Niwas officials said on Sunday. Lt Governor VK Saxena inspected the Maharana Pratap ISBT at Kashmere Gate on August 31 and subsequently held a high-level meeting that was attended by Delhi Transport Minister Kailash Gahlot. The transport department is set to notify the new rates and norms for to-and-fro interstate buses utilising the iconic terminals. Delhi has three operational interstate bus terminals (ISBTs) at Kashmere Gate, Anand Vihar and Sarai Kale Khan. "Emphasising that efficiency and equality are two most important factors to achieve optimum utilisation of facilities, the lieutenant governor suggested equal parking rates for government and private buses and also reducing parking time equally to achieve a higher turnaround," a Raj Niwas official said. Saxena also directed that only buses with Fastag be allowed to enter the terminals to ensure tracking. Once notified, the new

Your bank account will be automatically debited to replenish FASTag balance

Customers no longer need to manually monitor and replenish their FASTag and NCMC balances.

RBI includes auto replenishment of FASTag, NCMC in e-mandate framework

Exempts these card issuers from issuing a pre-debit notification

RBI alters rules to allow e-mandate for auto-replenishment of FASTag, NCMC

The Reserve Bank on Thursday modified its e-mandate framework and allowed auto-replenishment of FASTag and National Common Mobility Card (NCMC). The current e-mandate framework requires a pre-debit notification at least a 24-hours before the actual debit from the customer's account. In June, the RBI announced that auto-replenishment of balances in FASTag and NCMC, which are recurring in nature but without any fixed periodicity, would be facilitated under the e-mandate framework. "It has been decided to include auto-replenishment of FASTag and NCMC, as and when the balance falls below a threshold set by the customer, under the e-mandate framework," the RBI said in a circular. Payments for auto-replenishment, since they are recurring in nature but without any fixed periodicity, will be exempt from the requirement of pre-debit notification, it added.

New FASTag regulations from August 1: Update KYC, link to vehicle, and more

FASTag accounts that are five years old or older must be replaced from August 1

FASTag new rules from tomorrow: All about vehicle detail linking and more

The National Payments Corporation of India (NPCI) has announced new rules with a key update being the compulsory FASTag KYC needs. The KYC procedure begins on August 1