New FASTag Rules For Low Balance, Delayed Payments And More To Come Into Effect Tomorrow, Check Details
The Ministry of Road Transport & Highways has set new FASTag rules, imposing extra penalties on users with low balances, delayed payments, or blacklisted tags, which will come into effect from Monday. This Ministry working in a joint venture with the National Payments Corporation of India (NPCI) has come up with some key changes to the FASTag ecosystem, in order to streamline toll payments, curb frauds, and reduce disputes. This new FASTag rules will affect users who delay payments or have blacklisted tags from February 17. If a FASTag remains inactive for over 60 minutes before a vehicle crosses a toll and continues to be inactive up to 10 minutes after passing, the transaction will be declined with “error code 176.” This rule will also take effect on February 17, as per the NDTV report. Additionally, changes are being introduced to the Chargeback process, cooling period, and transaction rejection rules to improve toll payment efficiency and minimise disputes. Under the new guidelines, FASTag users may face extra charges if their toll transactions are processed more than 15 minutes after their vehicle crosses the toll reader. Know What Happens If FASTag Account Lacks Sufficient Balance? As per the revised National Electronic Toll Collection (NETC) guidelines, if a transaction is delayed and the user's FASTag account lacks sufficient balance, the toll operator will be held accountable. However, if the amount is deducted, users can only dispute the charge after a mandatory 15-day cooling period. In response to avoid rejections due to inactivity, users should maintain a sufficient balance in their FASTag wallets, track transaction times for potential delays, and stay updated on their FASTag status. The NPCI circular released on January 28 states that FASTag balance validation will now follow a stricter schedule. Previously, users could recharge their FASTag at the toll booth and proceed. Now, they must ensure their FASTag status is verified in advance. NPCI data, confirms that FASTag transactions increased by 6 per cent in December, reaching 382 million compared to 359 million in November. The transaction value also rose by 9 per cent, totaling Rs 6,642 crore in December, up from Rs 6,070 crore in November. ALSO READ | New FASTag Rules: Key Changes And Compliance Guidelines You Need To Know
The Ministry of Road Transport & Highways has set new FASTag rules, imposing extra penalties on users with low balances, delayed payments, or blacklisted tags, which will come into effect from Monday.
This Ministry working in a joint venture with the National Payments Corporation of India (NPCI) has come up with some key changes to the FASTag ecosystem, in order to streamline toll payments, curb frauds, and reduce disputes. This new FASTag rules will affect users who delay payments or have blacklisted tags from February 17.
If a FASTag remains inactive for over 60 minutes before a vehicle crosses a toll and continues to be inactive up to 10 minutes after passing, the transaction will be declined with “error code 176.” This rule will also take effect on February 17, as per the NDTV report.
Additionally, changes are being introduced to the Chargeback process, cooling period, and transaction rejection rules to improve toll payment efficiency and minimise disputes.
Under the new guidelines, FASTag users may face extra charges if their toll transactions are processed more than 15 minutes after their vehicle crosses the toll reader.
Know What Happens If FASTag Account Lacks Sufficient Balance?
As per the revised National Electronic Toll Collection (NETC) guidelines, if a transaction is delayed and the user's FASTag account lacks sufficient balance, the toll operator will be held accountable. However, if the amount is deducted, users can only dispute the charge after a mandatory 15-day cooling period.
In response to avoid rejections due to inactivity, users should maintain a sufficient balance in their FASTag wallets, track transaction times for potential delays, and stay updated on their FASTag status. The NPCI circular released on January 28 states that FASTag balance validation will now follow a stricter schedule.
Previously, users could recharge their FASTag at the toll booth and proceed. Now, they must ensure their FASTag status is verified in advance.
NPCI data, confirms that FASTag transactions increased by 6 per cent in December, reaching 382 million compared to 359 million in November. The transaction value also rose by 9 per cent, totaling Rs 6,642 crore in December, up from Rs 6,070 crore in November.
ALSO READ | New FASTag Rules: Key Changes And Compliance Guidelines You Need To Know
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