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The annual pass for FASTag will be priced at Rs 3,000 per annum.
The annual FASTag pass could be beneficial for frequent travellers.
(Representative image)
Tired of stopping at every toll booth and watching your FASTag balance vanish faster than your weekend plans? The National Highways Authority of India (NHAI) is going to introduce a new annual pass that could be a game-changer for frequent travellers.
The government is rolling out the FASTag annual pass for Rs 3,000 per year, which will provide 200 toll-free travels. The annual pass will expire at the end of the validity period or the maximum limit of the total number of travels, whichever is reached earlier.
The FASTag annual pass is scheduled to be launched on August 15. Your system automatically switches back to ordinary FASTag mode after you reach 200 tolls or the expiry of the one-year validity period, unless you buy a new yearly pass.
Price of FASTag
The FASTag annual pass will be priced at Rs 3,000 per annum. If you are taking 200 trips every year, which makes it to Rs 15 per trip, compared to typical toll rates of Rs 100 or more. So, this will save vehicle owners between Rs 6,000 to Rs 7,000 every year, according to the National Highway Authority of India (NHAI).
How to get FASTag?
· You can apply through the Rajmarg Yatra app, or the NHAI website.
· Enter your registered mobile number, vehicle registration number and FASTag ID.
· Pay Rs 3,000 one time either via UPI, net banking, or debit/credit card.
· Upon successful verification, FASTag will be activated within 2 hours of verification.
· After completing 200 trips or one year, you can renew.
What counts as a single trip under the Annual Pass?
For point-based fee plazas: Each crossing of fee plaza counts as one trip. A round trip (to and fro) counts as two trips.
For Closed Tolling fee plazas: One pair of entry and exit counts as one trip.
Which toll plazas are covered?
It will allow free passage of private car/jeep/van at designated National Highway (NH) and National Expressway (NE) fee plazas. The FASTag will function as a standard FASTag at fee plazas on State Highways (SH), Expressways, etc. that are run by local or state governments.
Is FASTag annual pass mandatory?
The annual pass is not mandatory. Your current FASTag is still completely functional for making per-trip toll payments just like usual if you decide not to buy it.
Is FASTag transferable?
No, FASTag is not transferable, as it is linked to a specific vehicle registration number (VRN) and cannot be transferred from one vehicle to another. Using your FASTag in a different vehicle may result in blacklisting, penalty charges or deactivation of your FASTag.
A team of writers and reporters decodes vast terms of personal finance and making money matters simpler for you. From latest initial public offerings (IPOs) in the market to best investment options, we cover al…Read More
A team of writers and reporters decodes vast terms of personal finance and making money matters simpler for you. From latest initial public offerings (IPOs) in the market to best investment options, we cover al… Read More
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