FASTag annual pass is now live at Rs 3,000 for 200 trips, helping private car owners save up to Rs 17,000 a year on highway tolls. Here's who can apply and how to get it.
You have to submit KYC documents and close an account before opening a new one
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
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
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The government will roll out FASTag-based annual pass from August 15 to ease toll payments and cut congestion; aimed at private vehicle users for smoother highway travel
For any false deduction, call customer support, report the wrongful transaction, file a formal complaint, dispute the charges, and request a Tag change from the bank
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 ...
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
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Under new rules, private vehicles with GNSS can travel up to 20 km daily for free on select highways; a fee will be applied beyond 20 km
Exempts these card issuers from issuing a pre-debit notification
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
IMPS down by 7%, FASTag 4%; but Aadhaar Enabled Payment System (AePS) see a 11% jump in volume & 7% in value
Auto replenishment facility for Fastags, NCMCs, UPI Lite wallets
The National Highways Authority of India (NHAI) has implemented the ‘One Vehicle, One FASTag’ norm. This will help ensure smooth movement at the Toll Plazas on highways across the country.
The year also saw a record value of Rs 199.89 trillion, compared to Rs 139.1 trillion. In February 2024, transactions stood at 12.10 billion and Rs 18.28 trillion, respectively
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After the RBI's ban on PPBL from onboarding new clients and its wallet services, customers have complained of issues in closing their PPBL-linked FASTag accounts