123ArticleOnline Logo
Welcome to 123ArticleOnline.com!
ALL >> Investing---Finance >> View Article

How Do You Get A Fastag For A Second-hand Car?

Profile Picture
By Author: hitch zone
Total Articles: 1
Comment this article
Facebook ShareTwitter ShareGoogle+ ShareTwitter Share

Obtaining a FASTag for a second-hand car is a straightforward process – though it involves a few extra steps compared to getting one for a brand-new vehicle. This guide will take you through the necessary steps. By the end, you’ll understand all the requirements and information for getting a FASTag for a second-hand car.

Understanding FASTag and Its Importance
Before obtaining a FASTag for a second-hand car, it’s important to understand what a FASTag is and why it’s essential. FASTag is an electronic toll collection system operated by the National Payments Corporation of India (NPCI) under the guidelines of the National Highways Authority of India (NHAI). It uses Radio Frequency Identification (RFID) technology to automatically deduct toll charges as you pass through toll plazas on national highways.
Why Do You Need a FASTag?
Convenience: No need to stop and pay cash at toll booths.
Time-Saver: Faster transit through toll plazas.
Fuel Efficiency: Reduced fuel consumption as you avoid stops at toll booths.
Cashback Offers: Some banks offer cashback on toll payments made through ...
... FASTag.
Mandatory: As of February 2021, FASTag has become mandatory for all vehicles on Indian highways.

Checking for Existing FASTag
When purchasing a second-hand car, the first thing you need to check is whether the car already has a FASTag. If the previous owner had installed a FASTag, you might be able to transfer it to your name. Here’s how you can do it:
Steps to Check Existing FASTag
Ask the Seller: Check with the seller if the vehicle has an active FASTag.
Contact the Issuing Bank: If the FASTag was issued by a particular bank, you can contact the bank’s customer care to confirm the status of the FASTag.
Online FASTag Portals: Some banks provide online services where you can check the status of a FASTag by entering the vehicle’s registration number.
Transferring the FASTag to Your Name: You will need to transfer the FASTag to your name if the car you are buying already has one. The process generally involves submitting a few documents to the issuing bank, including the car’s new Registration Certificate (RC) and proof of identity. The bank will update its records to reflect the change of ownership.

Applying for a New FASTag
If the second-hand car does not have a FASTag or if the existing FASTag cannot be transferred, you will need to apply for a new one. Here’s how you can go about doing that:
Documents Required:
Vehicle Registration Certificate (RC): Double-check that the RC is updated with your name as the new owner.
KYC Documents: These include your proof of identity (Aadhaar card, PAN card, Passport) and proof of address.
Passport-Sized Photograph: A recent photograph for identification purposes.
Where to Apply:
Banks: Many banks, such as SBI, ICICI, HDFC, and others, issue FASTags. You can visit their branches or apply online through their websites.
Point-of-Sale (POS) Locations: FASTags are also available at POS locations at toll plazas and through authorized agents.
Online Marketplaces: Some e-commerce platforms and payment apps also offer the option to purchase FASTags online.
How to Apply:
Visit the Bank or POS Location: Submit the necessary documents and fill out the application form.
Online Application: If applying online, fill out the form on the bank’s website, upload the necessary documents, and make the payment.
Activation: Once your application is approved, the FASTag will be activated, and you can start using it immediately.

Recharging Your FASTag
Once you have your FASTag, you’ll need to fill it up so that there is sufficient balance for toll payments. The following are some different methods of recharging your FASTag:
Online Banking – Use your bank’s online banking portal to recharge your FASTag.
UPI – Using UPI apps to add funds to your FASTag account.
Mobile Banking Apps – Most banks have mobile apps that allow you to manage your FASTag, including recharges.
It’s essential to keep track of your FASTag balance to avoid any issues at toll plazas. Most banks offer SMS alerts. You can also check your balance through the bank’s app or customer portal.

Common Issues and Troubleshooting
While FASTag is generally easy to use, you might encounter some issues (especially with a second-hand car). Here are some common problems and solutions of resolving them:
Incorrect FASTag Installation
Problem: The RFID tag is not working correctly due to improper placement.
Solution: Make sure the FASTag is placed correctly on the windshield as per the instructions.
Low Balance Issues
Problem: Your FASTag balance is insufficient, leading to transaction failures at toll plazas.
Solution: Recharge your FASTag in advance and set up low-balance alerts.
Inactive FASTag
Problem: The FASTag is not active, possibly due to a lapse in ownership transfer or delayed activation.
Solution: Contact the issuing bank to resolve activation issues and ensure the FASTag is linked to your vehicle.

Getting a FASTag for a second-hand car is a relatively simple process, provided you have all the necessary documents and follow the correct procedures. The important thing to remember above all is that the FASTag gets properly registered in your name and linked to your vehicle.
By following the steps revealed in this guide, you can enjoy seamless and hassle-free toll payments on your road trips, making your driving experience more convenient and efficient.

Total Views: 103Word Count: 827See All articles From Author

Add Comment

Investing / Finance Articles

1. Why Wealth Management Is Essential For Young Professionals
Author: Adyanth Wealth

2. Boost Your Retirement Savings With These Superannuation Strategies
Author: Daniel Stewart

3. Outside Ir35 Calculator
Author: Dhara Tuvar

4. Scalable Mt5 Greylabel Solutions For Forex Brokers
Author: MT5 Greylabel Provider

5. How Credit Cards Can Prevent Financial Stress During Personal Crises?
Author: Saloni Mehta

6. Role Of Wealth Management Companies In Mutual Funds
Author: Saloni Mehta

7. Best Passive Income Ideas To Make Money Through Investments
Author: Adyanth Wealth

8. Gst Registration In Bangalore
Author: mwseo

9. Ashneer Grover Net Worth, Investments, Portfolio, And Bharatpe Journey
Author: Planify

10. Why Is The Indian Stock Market Struggling?
Author: Indira Securities

11. Common Investment Mistakes And How To Avoid Them
Author: Adyanth Wealth

12. How Term Loans Can Help Retail Stores Manage Seasonal Inventory Needs
Author: Bad Credit Business Loans

13. How Lines Of Credit Can Help Medical Professionals Manage Operating Costs
Author: Bad Credit Business Loans

14. Getting The Right Loan With Realloans
Author: Sukhjeet Singh

15. Top Reasons Why The Indian Stock Market Is Fluctuating So Much
Author: rickyponting

Login To Account
Login Email:
Password:
Forgot Password?
New User?
Sign Up Newsletter
Email Address: