Your Guide to Transferring FASTag to another bank

With FASTag being mandatory for toll payments and all, it’s become an indispensable part of road travel. But what if you’re unhappy with your FASTag provider? Maybe your bank has higher fees or the customer service isn’t up to the mark. Whatever the reason, transferring your FASTag to another bank is a fairly simple process. But, it does come with a set of steps. This post will guide you through the process of transferring your FASTag to a different bank, so you can enjoy smoother, stress-free road trips!

Why Transfer your FASTag?

Before jumping into the steps, it’s worth asking – why would someone want to transfer their FASTag to another bank? Well, there could be several reasons:

Lower Fees: Different banks offer varying fee structures. You might find a better deal elsewhere.

Better Customer Support: Not all banks have the same level of customer service. If you’re tired of waiting on hold, this could be your motivation.

Convenience: Some banks offer more convenient features like mobile apps or easier recharge options.

Now that we know why you might want to transfer, let’s talk about how to do it!

Steps of Transferring your FASTag

Transferring your FASTag from one bank to another isn’t as complicated as it may seem. Just follow these steps:

Close your Existing FASTag Account

You can’t have more than one FASTag for a single vehicle. So, before applying for a FASTag from a new bank, you need to close the account tied to your current bank’s FASTag. This typically involves:

• Contacting your existing bank and requesting the cancellation of your FASTag.
• You may have to submit an application or make the request through the bank’s mobile app or website.
• Ensure all your dues (toll charges, penalties, etc.) are cleared.
• Once the bank verifies everything, your FASTag account will be deactivated.

Choose a New Bank or Provider

Now that your previous FASTag is deactivated, it's time to choose a new bank or provider. Look for:

Lower Annual Fees: Compare different banks and their FASTag fees. You may save a considerable amount over time.

Reputation: Consider banks known for good customer service and user-friendly features, like apps for easy recharge and balance check.

Apply for a New FASTag

Once you’ve chosen your new bank, apply for a new FASTag. The process usually involves:

• Visiting the bank’s website or downloading their mobile app.
• Filling out an application form.
• Providing vehicle details, such as the RC (Registration Certificate), and other relevant information.
• Paying the issuance fee, if applicable.

Install the New FASTag

Once you’ve received your new FASTag, it’s time to install it on your vehicle. It comes with adhesive backing, making the installation process pretty straightforward. Make sure it’s in a place where it can be easily scanned by the toll booth sensors.

Activate and Link Your Account

The final step is activating your new FASTag. The bank will typically give you a user account (accessible online or via an app). This is where users can manage their FASTag balance, recharge, and track toll payments.

Sure, when transferring your FASTag, you'll need to say goodbye to your old account and grab a new tag. But, by following the steps outlined in this guide, it's not going to eat up your whole day. Maybe you're after cheaper fees, top-notch customer service, or just fancy a change of scenery. Whatever it is, switching your FASTag lets you pick what suits you best. Now that you're equipped with all the information, go ahead and make that switch!