Synopsis In order to increase the FASTag penetration to ensure seamless movement of traffic and to reduce avoidable delays at the toll plazas, NHAI has decided to remove the mandatory threshold amount for the FASTag account / wallet, which was paid by the user in addition to the security deposit for the passenger segment (Car/Jeep/Van), NHAI said in a statement.
With more than 2.54 crore users, FASTag contributes 80 per cent of the total toll collection.
NEW DELHI: The National Highways Authority of India (NHAI) on Wednesday said it has decided to do away with the requirement of maintaining a minimum amount in FASTag wallet.
NHAI removes minimum balance requirement in FASTag wallet Updated Feb 10, 2021 | 19:42 IST
NHAI said issuer banks were unilaterally mandating some threshold amount value for the FASTag account/wallet, in addition to the security deposit amount. NHAI removes minimum balance requirement in FASTag wallet | Photo Credit: Representative Image
The National Highways Authority of India on Wednesday said it has decided to do away with the requirement of maintaining a minimum amount in FASTag wallet. The move aims at ensuring seamless movement at electronic toll plazas. In order to increase the FASTag penetration to ensure seamless movement of traffic and to reduce avoidable delays at the toll plazas, NHAI has decided to remove the mandatory threshold amount for the FASTag account / wallet, which was paid by the user in addition to the security deposit for the passenger segment (Car/Jeep/Van), NHAI said in a statement.