The landscape of toll payments in India is undergoing a monumental shift with the innovative introduction of FASTag. As part of the Government’s ongoing efforts to streamline transportation and foster digital payments, FASTag has emerged as a pioneering solution. The convenience it brings has encouraged many to switch from traditional cash payments to digital transactions. With an array of new FASTag offers and deals now available, it is an opportune moment to explore how you can get started with easy digital payments.
What is FASTag?
FASTag is a reloadable tag that allows for the automatic deduction of toll charges while you drive through toll plazas. Affixed to the windshield of your vehicle, it uses Radio-Frequency Identification (RFID) technology, allowing seamless toll payments directly from your linked prepaid or savings/current account. This not only speeds up the process but also minimizes human error and smuggling, making highway travel smoother and more secure.
New FASTag Offers and Deals
In recent months, several banks and service providers have rolled out enticing new FASTag offers and deals to stimulate adoption among vehicle owners. Here’s a rundown of some of the best offers currently available:
1. Cashback Promotions: Many financial institutions like ICICI Bank, HDFC Bank, and Paytm Payments Bank are offering cashback on the recharge and usage of FASTag. For a stipulated period, you can receive 2.5% to 5% cashback on toll payments made via your FASTag, which is a fantastic incentive to switch to digital toll payment methods.
2. Discounted Purchase: Various online platforms are offering discounted rates for purchasing their FASTag. For instance, you might find promotions on some websites where the tag’s cost is significantly reduced, making it more affordable for new users.
3. Free Recharge Credit: In addition to discounts, some banks are also offering free top-up amounts upon the first recharge of the new FASTag. This is particularly beneficial during the initial usage period as it provides an additional balance to make toll payments without constantly worrying about recharging.
4. Tiered Rewards Programs: Companies like Amazon Pay have introduced tiered rewards programs where users can accumulate points based on the number of transactions. These points can then be redeemed for various rewards or discounts on future recharge or purchases.
Order FASTag Online: A Hassle-Free Experience
Ordering FASTag online is a straightforward process that has been simplified thanks to user-friendly portals of various banks and platforms. If you’re wondering how to order FASTag online, the process involves selecting a trusted platform, filling in your vehicle details, and completing the payment. Given the ongoing trend of digital payments and social distancing, online ordering provides an effective, convenient, and safe method to procure your FASTag.
Steps to Order FASTag Online:
1. Choose Your Provider: Select a FASTag provider that best suits your needs. Several banks and financial services such as SBI, HDFC, ICICI, and digital wallet platforms like Paytm offer competitive rates and attractive deals.
2. Submit Your Details: Fill out an online application form with required personal and vehicle details. This usually includes your name, address, vehicle registration number, and other such pertinent information.
3. Upload Documents: Ensure you have scanned copies of your vehicle’s Registration Certificate (RC), a passport-sized photograph of the vehicle owner, and identification documents ready to upload.
4. Make Payment: Proceed with the payment for your FASTag. The cost typically includes a tag issuance fee, a security deposit, and the initial recharge amount. Look out for any ongoing offers that may waive certain charges or provide additional benefits.
5. Delivery and Activation: Once your payment is successful and documents are verified, your FASTag will be dispatched to your registered address. Upon receipt, follow the activation instructions, which may involve linking the tag to your existing bank account or wallet.
Benefits of Using FASTag
1. Time Efficiency: One of the most significant advantages is the reduction in waiting time at toll plazas. With FASTag, there is no need to stop for cash transactions. Vehicles pass through RFID-equipped toll gates swiftly, thereby reducing congestion.
2. Ease of Use: FASTag is easy to use and reload. The recharge process is seamless through numerous online channels, or even at select physical locations if you prefer.
3. Cost-Effective: The cashback offers, and toll discounts can lead to substantial savings over time. Additionally, seamless transactions lead to fuel efficiency as you avoid long idling times at toll plazas.
4. Enhanced Safety: Digital payments curb the need for manual toll transactions, minimizing physical contact, which is especially important in the post-pandemic world.
5. Financial Tracking: FASTag transactions provide a detailed statement, making it easier to manage and track your expenditure on tolls.
Conclusion: Get Started Now
The introduction of new FASTag offers and deals makes this the perfect time to switch to this innovative payment method. Not only does it offer a wide array of benefits ranging from convenient transactions to significant time savings, but ordering FASTag online has never been easier. By using the Bajaj Finserv APP, you can explore various offers, manage your transactions seamlessly, and ensure you get the best value for your money with incentives from banks and online platforms.
Make the smart choice today and embrace the future of toll payments with new FASTag. Begin by visiting the official websites of your preferred providers, order FASTag online, and hit the road with confidence, knowing that your toll payments will be hassle-free and your journeys more enjoyable.
