Why you need a FASTag for your new car
Purchasing a new car is an exciting venture filled with numerous preparations and paperwork. One critical aspect that new car owners must consider is obtaining a FASTag.
With the Indian government making FASTag mandatory for all vehicles passing through toll plazas, it is essential to understand how to acquire and use FASTag for your new car efficiently.
Now, recharging your FASTag is easier than ever with the Bajaj Finance BBPS Platform. The Bajaj Finance BBPS Platform simplifies the FASTag recharge process and offers several advantages. Some prominent advantages are:
- Enhanced security: The BBPS platform ensures encrypted and secure payment gateways, safeguarding your sensitive information during the process.
- Instant receipts: With BBPS, you receive instant payment confirmation and digital receipts, helping you keep track of your payments effortlessly.
- Multiple payment options: The BBPS platform offers a choice of payment options including net banking, credit/debit cards, and UPI.
Bajaj Pay on Bajaj Finance simplifies digital payments by providing a secure, convenient, and seamless way to pay bills, recharge services, and manage everyday transactions online.
Where to purchase FASTag for your new car
Obtaining a FASTag for a new car is a straightforward process that can significantly enhance your driving experience, making toll payments hassle-free and fast. Here is how you can secure a FASTag for your new vehicle:
- Visit an official issuer: FASTags are issued by certified banks and digital payment platforms like Paytm. You can apply for a FASTag online through these platforms or by visiting the nearest bank branch.
- Required documents: To apply for a FASTag, you will need to submit the vehicle's registration certificate (RC), a passport-size photograph of the vehicle owner, and KYC documents.
- Online application: For convenience, most issuers offer an online application process. Visit the issuer's website, fill in the required details, upload documents, and your FASTag will be dispatched to your address.
- Dealer purchase: Often, new cars come with a pre-activated FASTag. Dealerships have started including FASTag as part of the vehicle's initial setup for ease of the customers.
Travel with ease using Bajaj Finance's FASTag recharge service! Experience seamless toll payments, time-efficient travel, and secure online transactions, ensuring a smoother road ahead.
You can read more about How to activate a FASTag here.
FASTag charges for new car
The charges for acquiring a FASTag for a new car generally include a tag issuance fee, a refundable security deposit, and the first recharge amount that goes into your FASTag account. While the issuance fee is nominal, the security deposit and initial balance can vary depending on the vehicle class and the issuing bank. It is important to check the specific charges with your chosen FASTag provider.
Advantages of using FASTag
Here are the advantages of using FASTag.
- Reduced toll plaza delays: FASTag uses Radio Frequency Identification (RFID) technology to automatically deduct toll charges, eliminating the need to stop cash transactions.
- SMS alerts: Receive instant SMS alerts on your registered mobile number for all transactions and low balance warnings.
- Online recharge: Easily recharge your FASTag online through credit/debit cards, net banking, or UPI.
- Transaction history: You can track your toll payments and check the balance through the issuer's online portal or mobile app.
Online transaction charges
When using platforms like the Bajaj Finance BBPS for FASTag recharge or any other digital payment service, be aware that a convenience fee of up to 2% may be charged, depending on the transaction amount and payment mode. This fee, inclusive of applicable taxes, is for the convenience and security of online transactions.
Steps for FasTag recharge online through Bajaj Finance platforms
Recharge an existing FASTag:
- Access Bajaj Finance: Download the Bajaj Finance app or visit the Bajaj Finance website
- Go to Bills and Recharge: Navigate to the 'BILLS AND RECHARGES' section
- Select FASTag Recharge: Within 'BILLS AND RECHARGES', choose 'FASTag RECHARGE'
- Enter Details: Pick your FASTag issuer and enter your vehicle registration number. Click on 'PROCEED'.
- Complete Payment: Select your preferred payment method (credit card, debit card, net banking) and enter the details. Verify the information and click on 'PAY NOW' to complete the recharge.
Purchase and recharge Bajaj Pay FASTag:
- Bajaj Finance App and website: Download and open the Bajaj Finance app or visit the Bajaj Finance website
- Locate FASTag: Tap on 'FASTag'/’Buy FASTag’ under the 'BAJAJ PAY' section.
- Login and Enter Details: Provide your vehicle's registration number, other details and upload a copy of the Registration Certificate (RC). If details aren't fetched automatically, enter them manually.
- Delivery and Confirmation: Enter your delivery address, review the Terms and Conditions, and tap 'PROCEED' to confirm the purchase.
- Payment and Delivery: Choose your payment method and make the payment. Upon successful purchase, your FASTag will be delivered to your address within 7 days (after RC verification).
Related FASTag Services
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Frequently asked questions
The cost of a FASTag for a new car varies by issuing bank or service provider. It generally includes a one-time tag issuance fee, a refundable security deposit (if applicable), and an initial recharge amount.
Yes, FASTag is mandatory for new cars in India. Vehicle dealers are required to facilitate FASTag issuance for new vehicles as per applicable regulations.
In many cases, authorised vehicle dealers arrange FASTag issuance during the vehicle purchase process. However, buyers should confirm this with the dealership at the time of purchase.
To set up FASTag on a new car, affix the tag on the inside of the front windshield as instructed by the issuer. Once activated and linked to the vehicle, it can be used for toll payments at FASTag-enabled toll plazas.
A FASTag must be linked to valid vehicle details before use. For a new vehicle, the FASTag can generally be issued using temporary registration details and updated later as per the issuer’s process.
Yes, FASTag can often be obtained immediately from authorised banks, toll plazas, vehicle dealers, and other approved outlets, subject to document verification and activation requirements.
To get a FASTag for a new car, you may need vehicle registration details or temporary registration documents, identity proof, address proof, and a passport-sized photograph, depending on the issuer's requirements.
Yes, many authorised issuers offer instant FASTag issuance for new cars. The tag can be activated after completing the required verification and documentation process.
The total cost depends on the issuing authority and may include the tag issuance fee, security deposit (if applicable), and minimum recharge amount. Charges can vary across providers.
