Didn't get your FASTag yet? Beware! You may have to pay penalty; here is how much

The National Highway Authority of India (NHAI) has announced that all toll payments will be made only through FASTags under the National Electronic Toll Collection (NETC) program from December 1. For those who fail to get the FASTag before the mentioned date, a hefty fine will be imposed. It can be purchased from over 28,500 Point-of-Sale locations set up by various banks and IHMCL/NHAI which includes all NH fee plazas, RTOs, Common Service Centers, transport hubs, bank branches, selected petrol pumps, etc. For retail segment (car/jeep/van).

"If you reside within a range of 10 km from the toll plaza, you can avail a concession on toll to be paid via your FASTag. In such a case, you need to submit the required documents- proof of residence at the bank, nearest POS location to validate that your residential address is within 10 km of a particular toll plaza. Once the address is verified, you can avail a concession on the toll paid via FASTag assigned to your vehicle." the IHMCL website says.

What if you fail to get FASTag before December 1?

The commuters will have to pay double the toll amount if they are travelling without a Fastag from December 1. "Double the toll amount will be charged from December 1 for traveling through FASTag lanes without tags on 537 toll plazas on national highways across India," Road Transport and Highways Minister Nitin Gadkari said.

WATCH Zee Business TV LIVE Streaming Online -

From now on, the toll barriers will electronically read the tag and deduct the toll. This will reduce the travel time and ensure that you have a smooth journey. The driver will also receive a text message mentioning the amount that has been deducted.

Where to buy FASTag online and offline?

FASTag can be purchased online on Amazon and by visiting websites of different member banks such as SBI, ICICI Bank, Axis bank, Paytm Payment Banks, HDFC bank, IDFC First bank, etc. FASTags have also been made available at over 12,000 banks branches of prominent private sector banks like ICICI Bank, Axis Bank, HDFC Bank, etc.