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How can I Buy FASTag Online from IndusInd Bank?
Posted on Wednesday, December 14th, 2022 | By IndusInd Bank
Mandated by law, the use of FASTag has become widespread today. You may buy FASTag online by visiting the official IndusInd Bank FASTag product page.
Designed to boost transparency and efficiency in toll transactions, FASTag has become fairly ubiquitous today. According to latest data from the Ministry of Road Transport & Highways, toll collection through FASTag reached Rs. 33,274 crore in the Fiscal Year 2022, indicating its widespread penetration across the country’s national highways. The National Electronic Toll Collection (NETC) system enables customers to use FASTag as a mode of payment at toll plazas. The NETC was developed by the National Payments Corporation of India (NPCI) under the guidelines of the National Highway Authority of India (NHAI).
Why is FASTag Useful?
FASTag deploys Radio Frequency Identification (RFID) technology for making automatic payments at toll booths while the car or vehicle is in motion. Subsequently, the applicable toll amount is directly deducted from the FASTag prepaid wallet or bank account linked to FASTag.
FASTag offers several general and user-specific advantages. These are:
| Customer Benefits | General Benefits |
| Saves fuel and decreases travel time as the customer does not have to stop at toll plazas | Reduces traffic congestion at toll booths |
| Makes it easier to keep track of spends as SMS & email alerts are sent, intimating the user of any toll deductions | Good for the environment as it reduces air pollution and minimises the use of paper |
| Easy to recharge anytime via debit card, credit card, Netbanking & other online payment modes | Ensures better highway management by reducing cash handling and human effort at toll plazas |
| Option of availing cashback incentives | Improves transparency and efficiency by electronifying toll payments |
Buy FASTag from IndusInd Bank
You could get FASTag from IndusInd Bank by visiting an IndusInd Bank branch near you. You could also call the customer care helpline at 1860 267 7777 to find out all details about creating your own FASTag account.
For ease & convenience, you could buy FASTag online by applying on the official portal on https://FASTag.indusind.com. Just follow the below-mentioned steps:
- Visit the IndusInd Bank FASTag product page. Go to the ‘Apply now’ option. Then, click on the Login/Sign Up tab.
- Fill in the application form and upload copies of the requisite documents.
- Pay the required amount depending on your vehicle class.
- Once the application is filled and all details verified, your FASTag will be delivered to your address in a few days.
What are the Documents Required?
The following documents are required when applying for a FASTag:
- Registration certification (RC) of the vehicle
- Passport size photograph of the applicant
- KYC documents including ID proof and address proof such as Voter ID Card, Aadhaar Card, Driving License, PAN Card, and Passport. A valid driving license would serve as address and ID proof.
The Government of India has made FASTag compulsory for all vehicle owners, with non-adherence attracting a penalty of double the toll fee. If you are planning a road trip using your own car and don’t have FASTag yet, tarry not! With so many general and user-specific advantages, there’s no reason to delay buying FASTag online today!
Disclaimer: The information provided in this article is generic in nature and for informational purposes only. It is not a substitute for specific advice in your own circumstances. Hence, you are advised to consult your financial advisor before making any financial decision. IndusInd Bank Limited (IBL) does not influence the views of the author in any way. IBL and the author shall not be responsible for any direct/indirect loss or liability incurred by the reader for taking any financial decisions based on the contents and information.
