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calenderNov 25, 2019

How to recharge your FASTag

Starting December 15 you will be able to travel on National highways without stopping to pay toll charges. The MoRTH (Ministry Of Roadways, Transport & Highways) and NHAI (National Highway Authority of India) has introduced FASTag as an electronic toll collection (ETC) mechanism. FASTag is essentially a sticker enabled with Radio Frequency Identification (RFID) technology that is stuck to the vehicle’s windshield. It is linked directly to a pre-paid wallet or bank account. If you have sufficient money in the connected account, you can drive through an ETC enabled lane at a highway toll plaza without stopping to pay the toll manually. To ensure that your FASTag works smoothly all you have to do is to maintain sufficient balance in the wallet or bank account.

You have to first create your FASTag account or wallet to activate the sticker. You can buy the FASTag from a toll plaza, an ecommerce website or through an authorised bank like Axis Bank. In case of Axis Bank the process is online and you need to upload just an RC copy. Your tag will be delivered at your doorstep. To track your FASTag delivery through Axis Bank, you can go to blue dart tracking and use your vehicle number as the reference number. Then once you start using it, you have to reload or recharge the FASTag. The frequency will depend on your usage and type of vehicle. The process to recharge your FASTag is quick and easy. It can be done entirely online in a few steps. Let us see how to do it.

Modes to recharge your FASTag

Through NEFT/RTGS

Log into your internet banking account or mobile banking app.
Add your vehicle as a beneficiary by putting in the FASTag wallet id number or vehicle number.
Key in your bank’s IFSC code (For Axis Bank it is UTIB0000ETC). Once the beneficiary is added, you can make repeated recharges as per your convenience.

[Also Read: Benefits of FASTag]

Through the ETC portal–

Log into your FASTag wallet on the portal (https://etc.axisbank.co.in/ETC/) with your user ID and password that you can create by going through the first time user registration on the link. Select Retail User and Login. Go to Road User Center > Payment and Top Up> Recharge
You can load the money into the wallet through your credit/debit card, internet banking or UPI.

Auto debit from Axis Bank account

Existing customers of Axis Bank can give a standing instruction to the bank to automatically debit the money directly from their bank account and credit it to the FASTag wallet.
This should be confirmed by email to etc.management@axisbank.com along with your account details and the thresholds to set.

If you have more than one car, you can link the FASTag of each of the cars to one wallet which will be auto debited as per the minimum thresholds set by you.

Disclaimer: This article is for information purpose only. The views expressed in this article are personal and do not necessarily constitute the views of Axis Bank Ltd. and its employees. Axis Bank Ltd. and/or 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. Please consult your financial advisor before making any financial decision