FASTag

FASTag
Company typeElectronic toll collection
Fuel purchase payment
Parking fees[1]
National Park Entry Fees[2]
Founded4 November 2014; 10 years ago (2014-11-04)
Headquarters
Dwarka, Delhi
,
India
Area served
Pan-India
ProductsRFID Tags
OwnerIndian Highways Management Company Limited
ParentMinistry of Road Transport and Highways
Websitenhai.gov.in#/national-electronic-toll-collection

FASTag is an electronic toll collection system in India, operated by the National Highways Authority of India (NHAI).[3][4] It employs Radio Frequency Identification (RFID) technology for making toll payments directly from the prepaid or savings account linked to it or directly toll owner. It is affixed on the windscreen of the vehicle and enables one to drive through toll plazas without stopping for transactions. The tag can be purchased from official Tag issuers or participating Banks[5] which are Made in India and if it is linked to a prepaid account, then recharging or top-up can be as per requirement.[6] The minimum recharge amount is ₹100 and can be done online.[7] As per NHAI, FASTag has unlimited validity. 7.5% cashback offers were also provided to promote the use of FASTag. Dedicated Lanes at some Toll plazas have been built for FASTag.

In January 2019, state-run oil marketing companies IOC, BPCL and HPCL have signed MoUs enabling the use of FASTag to make purchases at petrol pumps.[8]

As of September 2019, FASTag lanes are available on over 500 national and state highways and over 54.6 lakh (5.46 million) cars are enabled with FASTag.[9] Starting 1 January 2021, FASTag was to be mandatory for all vehicles but later the date was postponed to 15 February 2021.[10] FASTag transactions were valued at ₹5,559.91 crore in January 2024 with 33.138 crore in volume terms.[11]

  1. ^ "Now, pay parking fees through FASTag at Ahmedabad airport | Here's how to use the facility". 29 May 2023. Archived from the original on 16 June 2023. Retrieved 16 June 2023.
  2. ^ "Tamil Nadu forest dept starts collecting entry fee through 'FASTag' at Doddabetta". Archived from the original on 16 June 2023. Retrieved 16 June 2023.
  3. ^ Cite error: The named reference brandname was invoked but never defined (see the help page).
  4. ^ Cite error: The named reference nhai1a was invoked but never defined (see the help page).
  5. ^ Cite error: The named reference nhai1 was invoked but never defined (see the help page).
  6. ^ Cite error: The named reference nhai2 was invoked but never defined (see the help page).
  7. ^ "FAQs on NETC FASTag". Archived from the original on 27 December 2021. Retrieved 27 December 2021.
  8. ^ Cite error: The named reference livemin2 was invoked but never defined (see the help page).
  9. ^ "These innovations are helping digital payments go mass". Sify. Archived from the original on 21 September 2019. Retrieved 21 September 2019.
  10. ^ Radhakrishnan, S. Anil (19 November 2020). "FASTag mandatory for all four-wheelers from Jan. 1". The Hindu. ISSN 0971-751X. Archived from the original on 29 December 2020. Retrieved 25 December 2020.
  11. ^ "UPI transactions touches Rs 18.41 lakh crore in January, shows NPCI data". Moneycontrol. 2 February 2024. Retrieved 4 February 2024.