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The use of FASTag for instant payment processing has become a significant new approach in India. While FASTag speeds your trip, you can enjoy the convenience of not having to stop at toll booths.
The Government of India made it mandatory for all four-wheel vehicles to install a FASTag on them. This tag will help vehicles cross toll plazas without having to stop for cash payments, thanks to the use of an RFID (Radio Frequency Technology Device).
Learn more about FASTag and how to close FASTag account of used cars:
It is a device embedded with RFID (Radio Frequency Identification) technology that produces an electronic tag to collect taxes and make toll payments faster while traveling between different cities/states in India.
FASTag is a Newedge toll collection system that reduces traffic and travel time by enabling immediate payment with the tag at dedicated Toll Plazas. It can be recharged as needed and bring real-time benefits like avoiding long queues at toll plazas and giving account alerts by SMS. You can also get cashback and e-wallets to pay for fuel and other necessities.
The FASTag is unique because it works without a network connection with its connecting mechanism. This smart card is equipped with a ‘Gate’ that connects to NFC devices using radio waves and emits an electromagnetic tag (EMT).
Whether it is used or a new vehicle FASTag is mandatory for all. However, you cannot use the same FASTag for two cars, and if you are selling your used car, you need to close the FASTag account.
You should get your FASTag deactivated if you sold or transferred your car, so the toll charges will not be deducted from the original account. The new buyer of your car cannot get a new FASTag while the old FASTag is open on the previous vehicle, so it makes it impossible to receive an active tag.
FASTag is easy to close. All you need to do is contact your tag issuer to deactivate your account. If you use the right protocol for FASTag, it shouldn’t take more than a few clicks to manage this task online. Check the various modes for closing FASTa account:
If you have a time constraint or want to close, FASTag hassle-free chooses the customer support service of your FASTag issuer. They will verify your details and process your deactivation request. Closure time will vary as per the issuer.
The Indian Highways Management Company Limited (IHMCL) is in charge of the electronic tolls for the National Highway Authority of India (NHAI). For closing FASTag account, dial the customer helpline number 1033. Their customer support will help you with the entire deactivation process.
If you have FASTag account from any bank so here are some common steps to close FASTag:
To close your FASTag wallet account, below are the easy steps:
The decision to get a FASTag is no longer an afterthought—it can be beneficial for all. If you have the new FASTag installed on your vehicle, it will save you time, money, and even effort!
Therefore, once you sell your used car, close FASTag account to stay at bay from any toll-related chaos later. As FASTag made the toll payment quick and easy, OLX Autos also made buying and selling used cars instant and hassle-free.
So, if you are looking for a wide range of exclusive second hand cars at a competitive price or want to sell your ride at the best price, OLX Auto is here.
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