The Indian government has introduced FASTag to prevent long queues at toll plazas. It is now mandatory to install FASTag on the windshield of your vehicles. FASTag refers to a digital toll payment system working on Radio Frequency technology.
Moreover, toll payments have become more accessible due to linked savings and prepaid accounts. Certified banks issue FASTags through different channels.
To issue the FASTag, the bank will ask you to provide your vehicle registration number. You will take advantage of the vehicle if you own it. But what will happen when you think of selling your car? Before selling your vehicle, you have to close your FASTag account.
When you transfer or sell your vehicle, you have to close/deactivate your FASTag account. It will stop the deduction of the Toll payment from the account linked with the FASTag account. At present, the FASTag account is associated with your name; thus, legally and technically, the vehicle is yours. Moreover, the amount loaded to the FASTag account also belongs to you. These are some reasons for closing the FASTag account.
Furthermore, when the car gets involved in criminal activities, the police may try to track the vehicle with FASTag. You will encounter legal problems in the future. It is safe to close the FASTag account and sell your car.
Based on your chosen FASTag issuer, you must follow the correct process to close your FASTag account. Still, the way of closing and cancelling your FASTag account is not different for all issuers.
You may rely on any of these methods to close the account.
Thus, you have multiple ways of closing your FASTag account.