The National Highways Authority of India (NHAI) has put into effect the 'One Vehicle, One FASTag' regulation
india-news Apr 01 2024
Author: Team MyNation Image Credits:Social Media
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'One Vehicle, One FASTag' rule starts
The rule is aimed at discouraging the use of a single FASTag for multiple vehicles or associating multiple FASTags with a single vehicle.
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'One Vehicle, One FASTag' rule starts
Starting April 1, multiple FASTags will no longer be functional. Individuals possessing multiple FASTags for a single vehicle will not be able to utilize all of them.
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'One Vehicle, One FASTag' rule starts
This move is intended to streamline the electronic toll collection system and ensure smooth passage at toll plazas.
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'One Vehicle, One FASTag' rule starts
Last month, the Reserve Bank of India (RBI) advised customers and merchants of Paytm Payments Bank Ltd (PPBL) to transition their accounts to other banks by March 15.
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'One Vehicle, One FASTag' rule starts
FASTag, an electronic toll collection system managed by NHAI, has revolutionised toll collection in India.
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'One Vehicle, One FASTag' rule starts
FASTag boasts of a penetration rate of nearly 98% and over 8 crore users.
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English
'One Vehicle, One FASTag' rule starts
Employing Radio Frequency Identification (RFID) technology, FASTag facilitates toll payments directly from linked prepaid or savings accounts.