FASTag Considerations While Selling Your Car
Having a FASTag is extremely useful when driving on toll roads across India. There is no need to carry cash, exact change, or extra minutes in traffic jams to recharge FASTag or pay at tolls. When the traffic is regular, a FASTag lets you breeze through. A simple scan results in an automated debit toll amount, and you receive an SMS notification. The FASTag system is linked to your bank account but also the registration details of your car.
In this blog, we will discuss some major elements related to FASTag, such as how to transfer FASTagbalance to a bank account, how to change FASTag bank, and more!
While selling your car, it is highly essential to remember the FASTag system to ensure a hassle-free car sale for the buyer. Here are the five essential points you need to keep in mind:
FASTag Balance Transfer: If you are selling your car and your FASTag account has a balance, you can use it or transfer the remaining balance to the new owner. Thus, you can communicate with your FASTag issuer or the customer care team to initiate the balance transfer.
Update Vehicle Details: In case of buying a new car, you should update your FASTag account with new vehicle details. It will ensure a seamless transfer of your future FASTag usage.
Provide NOC: You have to issue a No Objection Certificate (NOC) to the person who will buy your car, along with stating there are no pending dues or obligations associated with FASTag. The NOC can serve as proof that the FASTag has been officially transferred.
Keep The Documents: Keep all the relevant documents to your car, such as vehicle registration certificate, FASTag receipt, insurance papers, NOC, and more. These documents are required during the FASTag balance transfer.
Deactivate The FASTag: Once you are done with the money transfer, contact your FASTag issuer to deactivate the tag associated with your selling vehicle. It will prevent unauthorised usage and show a clean handover of the car. If you have purchased your FASTag directly from the National Highways Authority of India (NHAI), you need to connect to their Customer Care helpline on 1033 and request a cancellation through the automated process.
To check FASTag balance, follow these steps:
Download Park+ App
Open Park+ App and Click on 'Login'
Enter your Mobile Number and Click on 'Send OTP'
Enter 'OTP' and click on 'Verify OTP.'
Click on 'FASTag' under Services.
Enter your vehicle number.
Park+ will identify the FASTag associated with your bank
Enter your vehicle number, and click on 'check balance'.
The process for the FASTag transfer is almost the same as that for cancellation. Simply visit the site or app where the purchase has been made and request the transfer. Similarly, NHAI FASTags can also be transferred to the 1033 Call helpline number.
If you decide to do a transfer instead of a FASTag cancellation, the process includes deleting the previous owners' names, contact details and bank account details. The new owner of your car can fill in further information, and soon your FASTag will be up and running on the new account.
When you decide to sell your vehicle, ensuring the smooth transition of the FASTag will ensure that the sale is complete and final and that the new owner of your pre-loved vehicle will have a smooth onward journey, ready to make a fresh start.
Follow this process to recharge FASTag via Park App:
Download Park+ App.
Open Park+ App and Click on 'Login'.
Enter your Mobile Number and Click on 'Send OTP'.
Enter 'OTP' and click on 'Verify OTP.'
Click on 'FASTag' under Services.
Enter your vehicle number.
Park+ will identify the FASTag associated with your bank
Add the amount and click on proceed.
Complete the payment, and you're done!
It's crucial to remember that based on the distinctive policies and procedures of your FASTag issuer, the process for changing the FASTag bank account may vary slightly. As a result, it is advised to contact the issuer directly if you want accurate and updated information on how to change the bank account linked to your FASTag.
Considering these important FASTag factors, you can ensure a smooth transition for the buyer, which will prevent complications. It will not only create a positive buying experience for the new owner but also maintain the standards of the FASTag system.
Yes, you can get in touch with the issuer directly or visit their website/app and request a transfer.
No, one FASTag cannot be used for multiple vehicles.
You can buy FASTag from various sources, including authorised banks, online platforms, and select toll plazas.
You generally need the vehicle's registration certificate (RC), the vehicle owner's KYC documents, and a passport-sized photograph to get a FASTag.
You can recharge your FASTag account through online payment methods such as net banking, credit/debit cards, UPI, or at authorised recharge centres.