FASTag

Based in Delhi, friends Dhananjaya Bharadwaj and Abhimanyu Singh founded ‘ParkMate’ to tackle parking challenges in India.

In fact, SBI has warned all its customers using the bank’s FASTag to follow the latest Ministry of Road Transport and Highways guideline to avoid fines.

The deadline for installing FASTags in your vehicles--15 December 2019--is approaching. Post that, you will be charged double. How to get & activate FASTag

While this will apply to all the National highways and a selected few State highways, to begin with, by March 2020, it will apply to all State highways.

National Highways Authority of India (NHAI) will make cashless payment mechanism operational at 275 toll plazas across the country from Monday.

The recently launched electronic toll collection system called FASTag, will act as a prepaid card from which the toll will be deducted each time a vehicle crosses the toll plaza. It will be operational at 300 toll plazas by the year end.