Long gone are the days when people used to travel with cash in their
pockets to pay at toll plazas. Since the technology of online Fastag has come into existence, things have been significantly sorted.
No longer long queues at the toll booths, no more worry about carrying loose change, and no more stress about waiting. Fastag is all about convenience, feasibility, and saving your valuable time.
What is Fastag?
It is an electronic toll collection system introduced in India to make highway toll payments more efficient and super convenient. This system is a part of the National Electronic Toll Collection (NETC) program, which has an ultimate goal to automate the toll collection process on our highways and reducing traffic congestion.
When it comes to how this technology works well, it employs Radio-Frequency Identification (RFID) technology to automate all toll payments. This small, prepaid sticker is affixed to the vehicle’s windshield, and it contains a unique identification number linked to the vehicle owner’s bank account or wallet.
What are its advantages for commercial vehicles?
- Time and Cost Effective
It significantly reduces the waiting times at toll plazas, its prime purpose. Commercial vehicles can pass through toll booths without stopping, resulting in quicker journeys and reduced consumption of fuel. This ultimately leads to cost savings for businesses in terms of both time and fuel expenses.
- Streamlined and Sorted Operations
The automated toll collection process simplifies administrative tasks related to toll payments. Now, businesses can monitor and easily manage all the toll expenses much more efficiently via digital records, reducing the paperwork.
- Enhanced Accountability
Online Fastag transactions generate detailed electronic receipts, offering a much more transparent and accountable record. This is quite valuable for organizations/businesses when figuring out expenses, filing necessary taxes, or even auditing.
- Reduced Risk of Pilferage
With cashless toll payments, there is a decreased risk of toll booth attendants misappropriating funds or engaging in fraudulent activities. This helps businesses maintain better control over their toll expenses and clearly understand it.
- Faster Turnaround Time
This is quite beneficial for commercial vehicles. This is simply because quicker toll payments and reduced waiting times enable commercial vehicles to make more trips or deliveries in a particular time frame. This ultimately leads to increased revenue potential and much better service levels for clients.
How to check balance in Fastag?
It totally depends on the mobile application you are using. I’ve been personally using the Bajaj Finserv application, which one of my friends suggested, and believe me, it is super easy to use. Even my father uses it without any hassle.
- Download the Bajaj Finserv app from the App Store/Play Store.
- Sign up by entering your mobile number
- Go to the Bills & Recharges section.
- Tap on FASTag under the Recharge section.
- Select your provider.
- Enter the Vehicle’s Registration Number or Wallet ID
- After entering the required details, you’ll see your current balance and the maximum allowable payment.
(Tip: Ensure that you always have adequate balance in your Fastag wallet to avoid unnecessary hassle.)
Apart from normal vehicles, this system of Fastag recharge online simplifies toll payments for commercial time, which helps them improve accountability, reducing operational costs and risks and potentially overall business efficiency.