A FASTag is a sticker which helps in automatic mode of paying toll charge. It is attached on the vehicle’s windshield. The toll charge is deducted when a vehicle passes through a FASTag enabled toll plaza on highways or bridges. These stickers are linked to an individual’s prepaid wallet or bank account. Advantages of using FASTag
An individual can apply for this tag through both offline and online modes. 22 certified banks issue this tag and one can also get it from any national highway toll booth. Through online, one can get it through the ‘My FASTag’ mobile application. This application is available on Google Play and App Store for both Android and IOS users. Charges related to FASTag Certified financers apply their own FASTag issuing charge but the National Payments Corporation of India (NPCI) has fixed the price to Rs.100 for each tag and charges like the minimum deposit may additionally be applicable. Documents required for FASTag
Why should one purchase a FASTag? Any vehicle passing a FASTag enabled toll booth without the tag has to pay double the amount as toll post 15th December, 2019. With the help of this tag one will not have to stop their vehicle to pay the charge. It is always advisable for individuals going for a road trip to avail insurance policies such as a road trip protection plan to stay financially secured against mishaps which can happen. Additional Read: What is FASTag and Why you Should have FASTag
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AuthorAlisha Antil is your best financial helper for insurance. She has a vast experience in finance and insurance and provide to you the expert advise in insuring your property and health. She has in depth knowledge and has written more than 1200 blogs on topics related home and car insurance. She also provide you with knowledge about home improvement and cooking. Categories
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