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Maximizing the Benefits of FASTag for Commercial Vehicles in India

Image of a toll road with vehicles to denote FASTag for commercial vehicles in India

India has a vast road network, and the transportation of goods is one of the critical components of the country’s economy. Commercial vehicles play a crucial role in the smooth transportation of goods across the country. However, the use of cash for toll payments at various checkpoints has been a major hindrance for commercial vehicle owners, leading to long queues, delays, and wastage of fuel. This is why you need FASTag for commercial vehicles in India. In this blog, we will discuss how commercial vehicle owners can maximize the benefits of FASTags.

What are FASTags and how does it work?

FASTags are electronic toll collection systems that use radio frequency identification (RFID) technology to make toll payments. It is important to understand how FASTag works at toll plazas. The tags are affixed on the windscreen of the vehicle and linked to a prepaid account. When a vehicle passes through a toll plaza, the toll fee is automatically deducted from the linked account, and the gate opens without any cash exchange. The system was introduced by the National Highways Authority of India (NHAI) to make toll payments more efficient, convenient, and cashless.

How to get a FASTag for commercial vehicles?

It is necessary to understand how to get commercial vehicle FASTags. FASTag for commercial vehicles in India can be bought by visiting any of the authorized issuing agencies or banks and you can also buy FASTag online through the NHAI portal or through other reliable providers. The vehicle owner needs to submit the registration certificate (RC) of the vehicle, along with other KYC documents to the issuing agency or bank. Once the tag is issued, the owner needs to link it to a prepaid account to start using it for toll payments.

What are the benefits of FASTags for commercial vehicle owners?

  • Time-saving: There are a number of benefits of commercial vehicle FASTags as drivers no longer need to wait in long queues at toll plazas for cash transactions. This reduces the overall travel time, making the transportation process more efficient.

  • Cost-saving: The use of FASTags eliminates the need for cash transactions, which reduces the risk of theft and misuse of money. It also saves fuel by reducing the idling time at toll plazas, leading to cost savings for commercial vehicle owners.

  • Convenience: FASTags offer a convenient and hassle-free payment option for toll payments. Instant FASTag recharge can be made through the mobile app, making it easier for commercial vehicle owners to manage their expenses.

  • Avoid fines: The use of FASTags also helps commercial vehicle owners avoid penalties and fines for non-payment of tolls or delayed payments. The system sends an alert message to the registered mobile number or email address of the owner when the account balance is low, ensuring instant FASTag recharge and avoiding penalties.

  • Transparency: The use of FASTag for commercial vehicles in India ensures transparency in toll collection, as all transactions are recorded electronically. This reduces the chances of any malpractice or corruption in toll collection and improves the overall efficiency of the system.

How to maximize the benefits of FASTags for commercial vehicles?

  • Ensuring sufficient balance: It is important to keep the FASTag account active with minimum balance orelse drivers may have to wait in toll plazas until they choose the instant FASTag recharge option or incur a double fee if they choose to pay using cash. 

  • Using dedicated lanes: Most toll plazas have dedicated lanes for FASTag users, which allow for faster movement and reduced waiting time. Commercial vehicle drivers should always use these dedicated lanes to maximize the benefits of the system.

  • Avail Discounts and Cashback Offers: Make sure to avail of any discounts and cashback offered by NHAI or FASTag providers like banks or fintech companies on FASTag for commercial vehicles in India. This can help reduce toll costs significantly.

  • Get AxleTags: When you are looking to buy best FASTags for commercial vehicles, choose AxleTags. It helps you pay for tolls with a simple process, expense tracking features, instant recharge, low balance notification and debit adjustments for wrong toll deductions.

Let’s Wrap Up!

Commercial vehicle owners can buy FASTags online from authorized agencies, banks, or purchase them through the NHAI portal or mobile app. FASTags use RFID technology for toll payment, and they offer several advantages such as saving costs and time, making payment hassle-free, avoiding penalties, and ensuring transparency in toll collection. To maximize the benefits of FASTag for commercial vehicles in India, it is important to maintain sufficient account balance, use dedicated lanes, monitor accounts regularly, and make use of discounts and cashback offers.

Axlerate is a unified fintech platform for logistics. Our solutions help to simplify toll payments, fuel purchases, fleet expenses, capital loans, insurance, escrow, payments, online truck booking, fleet management and the buying and selling of commercial vehicle spare parts.

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Fastag for commercial vehicles

The Fast Lane to Efficiency Leveraging Fastags for Fleet Management

Today’s world is one where businesses are constantly at odds with each other trying to gain the upper hand. One of the ways a company gains over the competition is through efficiency. If company A can handle a task faster or more efficiently than company B, customers go for the former. The fight for efficiency is especially noticeable in the transport and logistics industry. Logistics efficiency is the line that decides if a company makes a profit or suffers a loss. One of the often overlooked areas for improvement is toll collection. The traditional toll collection booths are slow, prone to congestion, and needlessly inefficient. Thankfully, the Indian Government understood the need for improvement here and introduced a novel solution. They call it FASTags and it is the biggest boon that came to the logistics industry. What is a FASTag? A FASTag is an electronic toll collection that completely removes the need for any vehicle to stop or spend much time at a toll collection plaza. The technology works to seamlessly deduct toll charges from the tag without having the vehicle owner stop at the plaza like before. FASTag uses technology and digital payments to create a hassle-free system that benefits everyone involved. The technology also removes the need for vehicle owners to have physical cash on their person at all times. One could even argue that reducing reliance on cash also reduces instances of highway robbery. It improves the experience for anyone traveling over a long distance on the road. FASTags for commercial vehicles are instrumental in reducing traffic jams at toll gates, increasing highway efficiency, and bringing necessary advancements to India’s logistics industry. The NHAI or the National Highway Authority of India were the ones who conceptualized the electronic toll system. Tolls in India work using RFID technology. When a vehicle nears a toll plaza, the RFID scanners scan the FASTag barcode and deduce the toll charges from the user’s account. Following payment, the vehicle passes through spending nearly no time at the toll gate. The whole process happens in just a few seconds and that makes it incredibly efficient over typical toll plazas. Leveraging the benefits of FASTags for fleet management Reduced transit times FASTags reduce or outright eliminate the need for vehicles to queue up at toll booths. Less time spent idling in a single place ensures a better journey and better on-time delivery rates. This benefit directly translates to happier clients who continue using the service. Reduced fuel costs Typically, the stop-and-wait nature of a toll booth wastes fuel. Not only that, vehicles idling at the toll plaza produce more CO2, which negatively impacts the environment. FASTags here keep the vehicle moving. That was, there was a reduction in fuel costs, a decrease in operational expenses, and a decrease in CO2 output. Increased driver productivity The lack of disruptions that FASTags brings to the table helps drivers focus on the task of hand, their route. The emphasis on the main objective and lack of distractions leads to greater productivity from the driver. It also leads to a better driving experience. Better expense management FASTags comes with a dedicated web and mobile app the owner uses to transfer money. It also provides information like transaction records in great detail. This benefit is a boon to logistics companies looking to streamline accounting processes and expense reporting. Additional benefits FASTags provide Reduced emissions As previously stated, FASTags removes the need for vehicles to remain idle at the toll plaza. The lack of idling at the plaza reduces the emissions the vehicle generates. That reduction helps the fleet go green and reduce its carbon footprint. Greater security FASTags emphasized digital payments over physical ones. This approach ensures a secure way to pall tolls and outright eliminates the risk of fraudulent activities or cash mismanagement. Real-time tracking Many FASTag providers have fleet management software available. This tech helps companies track toll transactions and the vehicle’s location in real time with incredible accuracy. How to implement FASTags for your fleet Implementing FASTags to your existing logistics fleet is a simple process. Here’s a basic roadmap for anyone to follow Choose a FASTag provider There are numerous FASTag providers in India to choose from. Several banks like ICICI provide FASTags to their customers. Beyond that, private companies like Axlerate provide FASTags with attractive benefits or offers. Research what each company provides before committing to a decision. Add your vehicle Most FASTag providers guide you through the onboarding process from start to finish. Some companies like Axlerate take care of the process when you first apply. That way, when you receive the FASTag, the only thing needed is to download the app and log in for the first time. Top up your digital wallet Once you get your FASTag, the first thing required is adding money to the wallet. You can add money to your wallet through a mobile or web app. Many companies have multiple payment methods like debit cards, UPI, etc. Once you transfer the money, all that’s left is to start the journey. The fast lane to success FASTags are a game-changer for fleet management. By leveraging this technology, companies can streamline operations, reduce costs, and improve overall efficiency. In today’s dynamic business environment, FASTags offers a clear path to a competitive edge. So, embrace the Fast Lane and unlock the true potential of your fleet.

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