Delhi: National Highway Authority of India (NHAI) is going to make a cashless payment mechanism, called FASTag, from Monday at 275 toll plazas across India. This move ensures non-stop vehicle movement at toll plazas. The FASTag users who will get 10% cash back, can travel through toll plazas, making cashless payments and without halts anywhere. This offers convenience of cashless payments of toll fee with nationwide inter-operable electronic toll collection services.
India currently has 350 toll plazas and NHAI is planning to initiate the mechanism in the remaining 75 toll gates soon. FASTag has a one-time fee of Rs 200 and is affixed on the wind screen of the vehicle. NHAI said, “FASTag will be available on sale from selected toll plazas on National Highways and designated branches of participating banks from April 25. These can be recharged by making payments through cheque or online through credit card/debit card/NEFT/RTGS or through net-banking.”
The minimum recharge amount is Rs.100 and can be up to Rs.1 lakh in the multiples of Rs.100. FASTag users shall get SMS alerts for all their toll transactions, low balance etc. It employs RFID technology for making toll payments directly from the pre-paid account linked to it. A vehicle using FASTag will use dedicated FASTag lane to have cashless travel.