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Business News/ News / India/  FASTAg: Here’s how to buy, recharge FASTag from ICICI Bank
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FASTAg: Here’s how to buy, recharge FASTag from ICICI Bank

ICICI Bank enables both its customers and non-customers to obtain the FASTag in a hassle-free manner
  • Customers can also visit the bank’s branch and fill out a physical application form to get a FASTag issued for their vehicle
  • FASTag: It is an easy to use, reloadable tag which enables automatic deduction of toll charges and lets the vehicle pass through the toll plaza without stopping for cash transaction. (Ramesh Pathania/Mint)Premium
    FASTag: It is an easy to use, reloadable tag which enables automatic deduction of toll charges and lets the vehicle pass through the toll plaza without stopping for cash transaction. (Ramesh Pathania/Mint)

    FASTag is an electronic toll collection device installed in vehicles to help drivers drive through toll plazas without having to stop to make physical payments. Ministry of Road Transport & Highways (MoRTH) for National Highways has issued a directive which states that from December 1 onwards, payments at toll plazas on National Highways will be accepted digitally through FASTag only. This consequentially eliminates the need for commuters to stop and make the payment in cash.

    This Radio Frequency Identification Device (RFID) tag is affixed on the windscreen of the vehicle. It is an easy to use, reloadable tag which enables automatic deduction of toll charges and lets the vehicle pass through the toll plaza without stopping for cash transaction.

    However, if you have not yet equipped your vehicle with the FASTag, you can still do so now. Apart from the 28,500 Point-of-Sale (PoS) terminals, FASTag may be purchased by visiting websites of different member banks such as SBI, ICICI Bank, Axis bank, Paytm Payment Banks, HDFC Bank, Kotak Mahindra, IDFC First Bank.

    ICICI Bank enables both its customers and non-customers to obtain the FASTag in a hassle-free manner by filling out an application form online and uploading the required documents pertaining to the vehicle. Customers can also visit the Bank’s branch and fill out a physical application form to get a FASTag issued for their vehicle.

    Once purchased, you can reload the tag instantly online using the Bank’s digital channels of internet and mobile banking or the ICICI Bank FASTag portal.

    Here’s how you can obtain your FASTag using the multiple channels enabled by ICICI Bank:

    ICICI Bank FASTag portal

    a) Visit www.icicibank.com/fastag

    b) Click on “Apply Now"

    c) Fill the application form and upload the required documents

    d) Upon successful completion of the application, the tag is couriered to the applicant’s ‘dispatch address’

    iMobile

    a) Log in to the iMobile app

    b) Slide to the ‘Shop’ section

    c) Tap on the FASTag’ icon

    d) Enter the required details

    e) Upon successful completion of the application, the tag is couriered to the applicant’s ‘dispatch address’

    Currently, the feature is available for Android based devices and will soon will be available for iOS devices as well.

    ICICI Bank branches

    Customers can also visit the Bank’s branch and fill out a physical application form to get a FASTag issued for their vehicle.



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    ABOUT THE AUTHOR
    Sangeeta Ojha
    A business media enthusiast. Writes on personal finance, business and banking.
    Catch all the Business News, Market News, Breaking News Events and Latest News Updates on Live Mint. Download The Mint News App to get Daily Market Updates.
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    Published: 26 Nov 2019, 09:31 AM IST
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