FASTag Explained: Simplifying Toll Payments Across India

With the recent modifications in Paytm’s payment structure for FASTag recharges, different platforms are pacing to offer alternatives. With Paytm altering its payment methods for FASTag recharges, a wide market has opened its gates for different financial platforms. Since such a great shift is happening in the world of finance, we have decided to cover every tiny detail related to FASTag and offer you a one-stop guide. Here, you can navigate through the options, detailing the process of acquiring, recharging, and understanding the fees associated with FASTag.

Understanding FASTag

FASTag employs Radio Frequency Identification (RFID) technology to automatically deduct toll charges from a linked account as a vehicle passes through a toll plaza. This system significantly reduces wait times at toll booths, which is a leap towards modernising road travel. By automating toll deductions from linked accounts, this user-friendly online system showcases the true meaning of transparency.

As a cornerstone of India’s push towards digital payments, FASTag exemplifies the government’s vision for a Digital India. With ongoing enhancements, FASTag is poised to redefine the dynamics of road transportation in India. 

Payment Alternatives for FASTag

Since RBI has restricted Paytm from providing FASTag services, several platforms stepped up and offered the same or better services to the users. 

Offline Purchase & Recharge

FASTags are available offline at bank branches, toll plazas, and via vehicle dealers. The recharge options include bank visits or cash loading points. Also, getting a FASTag immediately at select toll plazas is possible. When buying a FASTag offline, you’ll need to present the following documents:

• Vehicle Registration Certificate (RC)
• Passport-sized photograph of the vehicle owner
• KYC documents (Aadhaar card, PAN card, driving license, etc.)

UPI (Unified Payments Interface)

UPI platforms like Phone Pay, Google Pay, CRED, BHIM UPI, Amazon Pay(with ICICI Bank), etc offer a seamless way to recharge FASTags. Users simply link their bank account to a UPI-enabled app and proceed with the recharge by entering their FASTag UPI ID.

Internet & Mobile Banking Platforms

Most banks that issue FASTags provide the facility to recharge them via their internet and mobile banking platforms. Users need to log in to their bank’s portal or app, navigate to the FASTag section, and complete the recharge by transferring funds from their bank account to their FASTag account. Here is the list of charges associated with each platform.

Toll Charge Guide

This guide breaks down the toll charges for different types of vehicles.

Wrapping Up

With the advent of FASTag, paying toll charges has become more streamlined. Despite changes in payment methods, numerous alternatives ensure that users can easily manage their FASTag accounts. For more such content, keep an eye on our website. Urban Money loves to update its audience with authentic and informative financial scoops.