Need a new product? Call 1800 10 888
Are you ready for an upgrade?
Login to the new experience with best features and services
For Loan Accounts
For Wholesale Accounts
Notifications
-
As per amendment in the Income Tax Rules, PAN or Aadhaar are to be mandatorily quoted for cash deposit or withdrawal aggregating to Rupees twenty lakhs or more in a FY. Please update your PAN or Aadhaar. Kindly reach out to the Bank’s contact center on 1800 10 888 or visit the nearest IDFC FIRST Bank branch for further queries.
-
Activate your Credit Card within minutes and enjoy unlimited benefits
Accounts
Deposits
Loans
- IDFC FIRST Bank Loans
- Personal Loan
-
Consumer Durable
Loan - Home Loan
- Education Loan
- New Car Loan
- Pre-owned Car Loan
- Two Wheeler Loan
-
Pre-owned Two
Wheeler Loan -
Commercial Vehicle
Loan - Gold Loan
- Loan Against Property
- Easy Buy EMI card
-
Personal Loan
EMI Calculator -
Education Loan
EMI Calculator -
Home Loan
EMI Calculator
Wealth & Insure
Payments
Cards
MSME Accounts
Trade Services
MSME Loan
MSME Solutions
Offers
Cash Management Services
Corporate Lending
Treasury
NRI Savings Account
NRI Fixed Deposit
FOREX Solutions
Transfer to NRE
About Us
- MD & CEO letter about the bank
- MD & CEO
- Our History
- Letter to Shareholders on the 1st Annual Report after Merger
- Letter to Shareholders on the 2nd Annual Report after Merger
- Letter to Shareholders on the 3rd Annual Report after Merger
- Letter to Shareholders on the 4th Annual Report after Merger
- Board of Directors
- Awards & Accolades
- News Room
Investors
Careers
ESG
The Indian Government has made FASTags mandatory for every vehicle. Know how to get one for your car
In most places around the world, road tax is paid as ‘vignettes.' These are prepaid permits placed on the windscreens of vehicles. They are free and come in many denominations. FASTags, which are now mandatory, is India’s attempt to adopt the same framework.
What is a FASTag?
The Indian government designed the National Electronic Toll Collection (NETC), with support from the National Payments Corporation of India (NPCI). The technology eliminates the need for human intervention in toll collection. The programme, which is known as FASTag, also helps ease traffic congestion at toll plazas.
Why is FASTag important?
This electronic toll collection system has introduced a host of benefits for both commuters and the government.
- Non-stop motion through toll plazas: FASTags cuts down the waiting time at toll plazas which means less idling for cars, less fuel consumption, and low greenhouse gas emissions.
- Cashless toll tax collection: With FASTag, you no longer have to worry about carrying exact change or standing in queues to recharge toll cards, as everything is done electronically.
- Use it anywhere in India: FASTag is accepted at more than 600 toll plazas across the country, ensuring nationwide accessibility and convenience for travellers.
- Accessible toll statements: Toll transactions are recorded online, so, for individuals who require toll receipts for record-keeping or reimbursement, FASTag makes it simple to access and share statements.
- Data-driven decisions: While this may not directly impact the user, FASTag provides actionable data on traffic patterns, allowing for smarter planning and management, such as predicting peak hours and allocating resources accordingly.
FASTag is a device that employs Radio Frequency Identification (RFID) technology to deduct toll charges when a vehicle passes through a toll plaza's FASTag lane. The FASTag label, which is placed on the front windshield of four-wheelers, deducts money from the FASTag account associated with the vehicle.
How to get a FASTag offline?
Here is how you can get a FASTag offline:
The best way to get your FASTag offline would be to go to a toll booth near you. To purchase one, visit the toll booth with your KYC and vehicle registration papers. Going to a toll plaza is the best way to get your tag fast. Many banks and digital payment services have makeshift booths near toll plazas, where RFID tags are sold. Your car details, including the registration certificate and proof of ownership identification, are needed to buy these tags.
How does a FASTag work?
FASTag is a simple and efficient way of paying your toll tax. Here are a few things to help you understand how it works:
- FASTags are valid at most toll plaza in the country.
- The FASTag is attached to a four-wheeler's windscreen.
- A FASTag is mandatory for each vehicle you own. You cannot use the same FASTag for more than one car.
- Net banking, UPI, credit cards, debit cards, and digital payments are a few options for recharging your FASTag online. FASTag can be recharged with the amount of your choice.
- Purchase FASTags from reputable banking partners.
- Never purchase a FASTag from a firm that requires you to link your bank account.
Conclusion
Now that you have learned how to use FASTag services, ensure that you use it. FASTags are mandatory for vehicles in India. If you need to purchase a FASTag, you can do so through IDFC FIRST Bank’s website. Like the other leading banks in the country, IDFC FIRST Bank also allows you to buy FASTag for your vehicle. Visit the website or our mobile banking app to buy FASTag online and enjoy seamless, cashless travels across India's toll plazas.
Disclaimer
The contents of this article/infographic/picture/video are meant solely for information purposes. The contents are generic in nature and for informational purposes only. It is not a substitute for specific advice in your own circumstances. The information is subject to updation, completion, revision, verification and amendment and the same may change materially. The information is not intended for distribution or use by any person in any jurisdiction where such distribution or use would be contrary to law or regulation or would subject IDFC FIRST Bank or its affiliates to any licensing or registration requirements. IDFC FIRST Bank 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 mentioned. Please consult your financial advisor before making any financial decision.