The Indian government has made it mandatory for all vehicles to utilize FASTag beginning January 1 one year from now. The rule gave by the Ministry of Road, Transport and Highways relates to the cycle of cost assortment, and all vehicles going through a cost court are to have the FASTag attached to their windshields.
FASTag and its validity
The FASTag is a sticker that has a coordinated radio-recurrence Identification (RFID) standardized tag, which is connected to the enrollment subtleties of the separate vehicle. At going through a cost court, FASTag perusers at the spot will peruse the standardized identification and deduct the proper sum likewise.
As indicated by Nitin Gadkari, this is to dispense with stoppage time at the courts while additionally lessening the requirement for human cooperations and money exchanges. The Minister for Road, Transport and Highways additionally referenced that the framework will prompt fuel protection while likewise conserving individuals’ time.
Required documents for FASTag
Individuals applying for FASTags should introduce all the enlistment records for their vehicles, alongside close to home ID subtleties for a mandatory KYC measure.
While applying at banks, just as different stages, for example, Paytm and Airtel, introducing exclusively a RC report will do the trick.
From Where to get a FASTag?
There are several banks and e-commerce platforms that the Center has partnered with to enable the dissemination of FASTags. Currently, banks, for example, HDFC Bank, ICICI Bank, State Bank of India, Kotak Bank, Axis Bank, Bank of Baroda among others are offering the stickers.
Other platforms, for example, Amazon, PayTM, and Airtel Payment application are likewise dispersing the labels.
ICICI Bank has collaborated with Google to enable its customers to pay for the FASTag utilizing the latter’s payment service application – Google Pay.
People can likewise purchase a FASTag at certain cost squares the nation over.
Adding money to a FASTag
A FASTag wallet will be created by partnering e-commerce platforms for candidates purchasing the stickers and money will directly be deducted from the wallets.
The same mechanism works when purchasing the labels from a bank. Users should ensure required balance in their ledgers as money will directly be deducted from them.
Mobile payment banks, just as Airtel Payment will likewise enable users to recharge the FASTags using debit cards, credit cards, and other payment choices including UPI.
While the FASTags are mandatory for the general public, certain gatherings of people including legislators, judges, emergency service workers, among others are exempted from the need to have the sticker attached to the windshields of their vehicles.
In other news, Nitin Gadkari had likewise announced earlier this month about India’s arrangement to be a tollgate free country in the next two years, by embracing the GPS technology for cost collection