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IDFC FIRST Bank is at the forefront of the digital payment revolution in India with its offering of the NETC FASTag, an electronic toll collection system developed in collaboration with the National Payments Corporation of India (NPCI). This system is designed to make toll payments automatic, cashless, and seamless, thereby reducing traffic congestion at toll booths and promoting a more efficient travel experience.
The NETC FASTag is a small, RFID-enabled tag that is affixed to the vehicle’s windshield. It allows toll payments to be made directly from a linked bank account, without the need for stopping and paying cash at toll plazas. The tag is linked to a prepaid or savings account, and the toll amount is automatically deducted as the vehicle passes through the toll plaza.
To get an IDFC FIRST Bank NETC FASTag, follow these steps:
Here’s how you can maximise the benefits of your FASTag:
1. Visit the IDFC FIRST Bank website for a list of required documents and fees.
2. Recharging Your NETC FASTag: Recharge your FASTag account periodically, just like a prepaid mobile connection, to ensure uninterrupted use at toll plazas. Recharge options include the IDFC FIRST Bank website/app, Bharat Bill Payment System, Bank ATMs, and authorized retail shops.
3. Usage and Benefits of NETC FASTag: Vehicles with an IDFC FIRST Bank NETC FASTag can use dedicated FASTag lanes at toll plazas for quick passage. The toll amount is automatically deducted, reducing traffic and travel time, and contributing to environmental benefits by lowering fuel consumption and pollution.
4. Checking Your NETC FASTag Status: Keep track of your FASTag balance, recent transactions, and validity through:
IDFC FIRST Bank’s NETC FASTag is a significant innovation in India’s toll collection system. It facilitates a transition from manual cash transactions to swift, contactless digital payments, enhancing the travel experience and setting the stage for a fully digital toll payment ecosystem in the near future. With its growing adoption, the NETC FASTag is poised to completely transform the toll payment paradigm, offering wide-ranging benefits for all stakeholders involved.
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