FREE NHAI FASTag
Context: National Highways Authority of India (NHAI) has decided to waive off the FASTag cost of Rs.100/- for NHAI FASTag between 15th and 29th February, 2020.
The move is taken to further increase digital collection of user fee via FASTag at NH fee plazas. NHAI had earlier announced for Free NHAI FASTag from 22 Nov to 15 December 2019 to encourage people to adopt FASTag. The pan-India roll out of electronic toll collection on national highways (NHs) has resulted in issuance of 1.10 crore FASTags till date, as per NHAI. The National Highways Authority of India (NHAI) started electronic toll collection through RFID-based FASTags on its 523 toll plazas across the country from December 15, 2019 for seamless flow of traffic. WHAT ARE FASTags?
FASTags are prepaid rechargeable tags for toll collection that allow automatic payment deduction from the FASTag, they are normally affixed on the windscreen of the vehicle. With the help of a FASTag, there will be no need to stop the vehicle at toll plazas to pay the toll. As soon as the vehicle crosses the toll plaza, the toll fee will get deducted from the bank account/prepaid wallet linked to the FASTag affixed on the vehicle’s windscreen. An activated FASTtag works on Radio Frequency Identification (RFID) technology. Moreover, these FASTags do not have any expiry date, i.e., they can be used as long as they are readable at the toll plaza and are not tampered.
WHAT TO BUY FASTAGS ?
FASTags are issued by 22 certified banks through various channels such as Point-of-Sale (POS) at National Highway toll plazas and select bank branches. They are also available on e-commerce platform such as Amazon. After buying the FASTag, you need to activate it to make it functional at the toll plaza.
IS THERE ANY CAP ON AMOUNT OF MONEY LOADED IN FASTAGS?
There is a cap on the maximum balance which can be kept in the prepaid wallet. As per regulations, these limits are:
- For limited KYC FASTag account holder: This type of FASTag cannot have more than Rs 20,000 in their FASTag prepaid wallet. The monthly reload limit is also capped at Rs 20,000.
- For full KYC FASTag account holder: This type of FASTag account cannot have more than Rs 1 lakh in their FASTag prepaid wallet. There is no monthly reload cap in this account, according to the Indian Highways Management Company Limited (IHMCL) website.
WHAT IS THE PROVISION FOR NUMBER OF USER PER FASTAG?
One FASTag cannot be used with two or more vehicles. Two separate FASTags are to be purchased for the two vehicles and so on.
As per the IHMCL website, “If you reside within a range of 10 km from the toll plaza, you can avail a concession on toll to be paid via your FASTag. In such a case, you need to submit the required documents – proof of residence at the bank, nearest POS location to validate that your residential address is within 10 km of a particular toll plaza. Once the address is verified, you can avail a concession on the toll paid via FASTag assigned to your vehicle.”
Follow us on:
Join us on Telegram: http://t.me/ExamGuideUpsc