123ArticleOnline Logo
Welcome to 123ArticleOnline.com!
ALL >> Investing---Finance >> View Article

What Is Fastag And How To Recharge It

Profile Picture
By Author: ArjitChalmela
Total Articles: 27
Comment this article
Facebook ShareTwitter ShareGoogle+ ShareTwitter Share

Travelling via roads is marred with one problem, long queues at toll booths taking both time and wasting fuel. To minimize hassles to the consumer and facilitate electronic toll collection, the country is shifting from physical collection of tolls to electronic collection. This is possible through a radio technology called Fastag.

Fastag is an electronic toll collection mechanism where the toll amount is directly debited from your bank account. It isn’t like the debit card, but it can be pre-loaded with a certain amount and on being scanned, the amount is debited from the balance loaded on the card. It is proposed to have scanners on toll booths which will scan the tag placed in the vehicle windshield. This scanning will be done through RFID or radio technology. The scanner will automatically read the information in the Fastag and debit the toll amount. The users can refill their Fastag account using BHIM UPI and net banking. It is important to link one bank account to the electronic tag. The scanners at the toll will be manual or will be placed overhead. Operation of Fastag at toll booths in the country has already ...
... begun, with a nationwide rollout started from January 15.

Fastag can be bought from the toll booth, from NHAI, from online companies, local RTOs or from banks. Banks are currently waiving off charges for the tag. KYC documentation will have to be submitted to the bank to process the Fastag account. However, a security deposit needs to be maintained on the Fastag. The users also need to maintain a minimum deposit in the Fastag to keep it operational.

At present, if a vehicle does not have the Fastag, they have to pay double the toll amount.

How to recharge?

The process to recharge Fastag is very simple. You can recharge it online through:

Internet banking
BHIM UPI
Google Pay
Credit card
Debit card
NEFT
RTGS

The Government is working on enabling a cash recharge option for people as well. At present, there is a 2.5% cashback on the recharge that is done electronically. However, to recharge Fastag, you need to create an account in the Fastag app. This depends on where you have purchased your Fastag. If you have purchased it through a bank then the bank has its own Fastag app. If you have purchased it through an e-commerce platform, RTO or NHAI, there is the My Fastag app. You will need to create a registration in the app and activate your account.

Once your activation is done, you need to do Fastag login and then go to the recharge option. Once you click the Recharge option, there are different fund transfer methods. Choose the method of your choice and do the recharge.

Total Views: 522Word Count: 444See All articles From Author

Add Comment

Investing / Finance Articles

1. How Pension Consolidation Can Simplify Your Retirement Plan
Author: Riley Allen

2. How To Easily Get A Business Loan For Your Startup
Author: Riley Allen

3. Best Accountants Near Bergen County For Reliable Tax & Business Solutions
Author: Berger

4. Fuel Your Growth With The Best Small Business Loans In Hyderabad
Author: anilsinhaanni

5. Roi Messaging Framework For Saas
Author: Umangp

6. How Are Penalties Calculated Under Section 122 Of Cgst?
Author: CA Ashish Gambhir

7. Fast Personal Loans In Hyderabad: Get Instant Funds Online In 2026
Author: anilsinhaanni

8. The Lean Evolution: Why Startups Are Choosing Strategic Partnerships In 2026
Author: Shan Tait

9. Best E-invoicing System & Zatca E-invoicing In Saudi Arabia
Author: Andy

10. What Is Price Action Trading? A Complete Guide To Mastering Market Movements
Author: Elaxi Digital

11. The 2026 Wealth Shift: Why Auckland & Hamilton Homeowners Are Swapping Banks For Brokers
Author: Right Choice Finance

12. Why A Legal Heir Certificate Is Crucial For Share Transmission
Author: Expertvuw Management

13. How To Recover Your Unclaimed Investments Quickly And Safely
Author: Expertvuw Management

14. Why Traders Are Switching To Firstecn – A Practical Analysis By Tradingguides
Author: TradingGuides

15. What Is Coffee Can Investing? Strategy Explained Simply
Author: MunafaWaala Team

Login To Account
Login Email:
Password:
Forgot Password?
New User?
Sign Up Newsletter
Email Address: