Want to buy FASTag? Buy from this company, get Rs 50 cashback in addition to NHAI's 2.5% offer

FASTag is going to become mandatory from December 1, 2019 and vehicle owners are finding places where there can buy for smooth and non-stop transit from the Toll Plaza across India. The NHAI is giving 2.5 per cent cashback on digital payment through FASTag at the Toll Plazas while the Airtel Payments Bank has joined hands with the National Payments Corporation of India (NPCI) and the Indian Highways Management Company Limited (IHMCL) to made FASTag available across its digital and retail touchpoints. Airtel Payments Bank is offering a special benefit of Rs 50 cashback on FASTag purchase made via the app. Airtel customers will soon be able to enjoy an additional benefit of Rs 50 cashback on the online purchase.

Speaking on the association, Ganesh Ananthanarayanan, Chief Operating Officer at Airtel Payments Bank, said, “We are delighted to partner with NPCI to offer FASTag as part of our endeavour to bring a range of popular services to our digital platforms and promote cashless payments. We believe that upcoming use cases from NPCI such as digital parking payments and even challan payments will add to customer convenience and add to the vibrant digital ecosystem that India is building.”

See Zee Business Live TV streaming below:

Airtel Payments Bank has joined hands with the NPCI and the Indian Highways Management Company to made FASTag available across its digital and retail points. Photo: Reuters

Praveena Rai, Chief Operating Officer, NPCI said, “It is good to witness that Airtel Payments Bank is making FASTag available to vehicle owners for convenient and seamless toll plaza experience. Given the fact that we are just a few days away for the mandatory FASTag implementation on 528+ toll plazas, it becomes crucial to create awareness among vehicle owners about its process and advantages. We would like to acknowledge the efforts of Airtel Payments Bank for creating a platform for its customers by giving them a hassle-free toll payment experience with FASTag, and also contributing towards digitisation of toll payments.”  

FASTag can also be purchased from select banking points of Airtel Payments Bank. To buy FASTag customers need to share a copy of the vehicle’s Registration Certificate (RC) and registration number. FASTag is linked to a registered Airtel Payments Bank account or wallet to enable instant automatic deduction of toll charges. There is no need to recharge FASTag separately and bank/Wallet balance is good enough. Buyers also get 2.5 per cent cashback from NHAI on all toll payments done for FASTag.