FASTag for Parking

Know how you can use FASTag for Parking
FASTag for Parking
4 mins
08 July 2024

How to use FASTag for Parking?

FASTag, originally designed for toll payments, is now enhancing parking systems. Using FASTag for parking is straightforward. First, ensure your vehicle has a valid FASTag affixed to the windscreen. As you approach the parking entrance, sensors read the FASTag, automatically deducting the parking fee from your linked account. There is no need to collect a paper ticket or interact with a parking attendant. This automated process not only saves time but also reduces the hassle of cash transactions and waiting in queues.

Benefits of Using FASTag for Parking

  • Convenience: FASTag eliminates the need for cash transactions and manual ticket collection.
  • Timesaving: Automatic deductions speed up entry and exit times.
  • Contactless: Enhances hygiene by reducing physical interactions.
  • Integration: Works seamlessly with existing toll FASTags, requiring no additional setup.
  • Security: Reduces the risk of theft associated with cash payments.
  • Environment-friendly: Minimises paper use by eliminating tickets.

Integration of FASTag into Parking Systems

Integrating FASTag into parking systems involves upgrading existing infrastructure. Parking lots need to install RFID sensors and connect them to a central payment system. This system should link to the national FASTag database to verify tags and process payments. The integration requires collaboration between parking operators, banks, and the National Payments Corporation of India (NPCI). Once set up, this system allows for real-time updates and seamless transactions, providing a modern solution to urban parking challenges.

User experience and customer support

The user experience with FASTag for parking is designed to be smooth and hassle-free. Users enjoy quicker entry and exit, reducing wait times significantly. The system is user-friendly, requiring no additional actions from the vehicle owner. However, if issues arise, robust customer support is essential. Most FASTag providers offer 24/7 customer service via helplines and online portals. Ensuring reliable support enhances user confidence and satisfaction, making FASTag a preferred choice for parking payments.

Using Bajaj Finserv to get FASTag

Bajaj Finserv offers a convenient way to obtain and manage your FASTag. You can apply for FASTag online through their portal, providing the necessary vehicle and personal details. Once approved, the FASTag is delivered to your address. Bajaj Finserv also offers easy recharge options and comprehensive customer support. Their Bajaj Finserv BBPS (Bharat Bill Payment System) simplifies the recharge process, ensuring your FASTag account always has sufficient balance for hassle-free transactions.

Recharge an existing FASTag:

  1. Access Bajaj Finserv: Download the Bajaj Finserv app or visit the Bajaj Finserv website.
  2. Go to Bills and Recharge: Navigate to the 'BILLS AND RECHARGES' section under the 'PAYMENTS' section.
  3. Select FASTag Recharge: Within 'BILLS AND RECHARGES', choose 'FASTAG RECHARGE'.
  4. Enter details: Pick your FASTag issuer and enter your vehicle registration number. Click on 'PROCEED'.
  5. 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:

  1. Bajaj Finserv App: Download and open the Bajaj Finserv app.
  2. Locate FASTag: Tap on 'FASTag' under the 'BAJAJ PAY' section.
  3. Login and Enter Details: Log in using your registered mobile number and OTP. Provide your vehicle's registration number and upload a copy of the Registration Certificate (RC). If details aren't fetched automatically, enter them manually.
  4. Delivery and Confirmation: Enter your delivery address, review the Terms and Conditions, and tap 'PROCEED' to confirm the purchase.
  5. 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).

Conclusion

FASTag for parking is revolutionising how we manage parking payments. Its convenience, speed, and contactless nature make it an ideal solution for modern urban environments. By integrating FASTag into parking systems, cities can enhance efficiency and user satisfaction.

Using Bajaj Finserv to obtain and manage your FASTag adds another layer of convenience, especially while checking the balance. With their BBPS, recharging your FASTag is effortless, ensuring you’re always ready for a seamless parking experience. Choose Bajaj Finserv for a reliable and efficient FASTag service, enhancing your overall parking and toll payment experience.

Bajaj Finserv app for all your financial needs and goals

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Disclaimer

1. Bajaj Finance Limited (“BFL”) is a Non-Banking Finance Company (NBFC) and Prepaid Payment Instrument Issuer offering financial services viz., loans, deposits, Bajaj Pay Wallet, Bajaj Pay UPI, bill payments and third-party wealth management products. The details mentioned in the respective product/ service document shall prevail in case of any inconsistency with respect to the information referring to BFL products and services on this page.

2. All other information, such as, the images, facts, statistics etc. (“information”) that are in addition to the details mentioned in the BFL’s product/ service document and which are being displayed on this page only depicts the summary of the information sourced from the public domain. The said information is neither owned by BFL nor it is to the exclusive knowledge of BFL. There may be inadvertent inaccuracies or typographical errors or delays in updating the said information. Hence, users are advised to independently exercise diligence by verifying complete information, including by consulting experts, if any. Users shall be the sole owner of the decision taken, if any, about suitability of the same.

Frequently asked questions

Can FASTag be used for parking?

Yes, FASTag can be used for parking in designated areas equipped with RFID sensors and integrated payment systems.

How can I recharge my FASTag account?

You can recharge your FASTag account through online banking, mobile apps, or via the Bajaj Finserv BBPS portal.

What happens if my FASTag doesn't work at a toll plaza?

If your FASTag doesn’t work at a toll plaza, you may need to pay cash and contact your FASTag provider for assistance and troubleshooting.

Can FASTag be transferred between vehicles?

No, FASTag is vehicle-specific and cannot be transferred between vehicles. Each vehicle requires its own FASTag.

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