FASTag for Taxi: Redefining Road Travel for Cabs

In recent years, road travel in India has gone through significant changes with the introduction of the FASTag system. This innovative technology by Indian Highways Management Company Limited (IHMCL), which uses RFID (Radio Frequency Identification) to automate toll payments, has now extended its benefits to taxis. For many, the idea of a smooth, hassle-free journey seems distant, especially when dealing with multiple toll booths. Integrating FASTag into taxis aims to change this perception.

The introduction of FASTag for taxi services offers multiple benefits.

• FASTag enables taxis to breeze through toll booths effortlessly, with the RFID tag automatically deducting the toll fee from the driver’s account. This quick transaction reduces waiting times and ensures a smooth journey, enhancing passenger comfort.
• With FASTag, taxi drivers avoid handling cash at toll booths. This minimises the risk of cash mismanagement or theft and simplifies financial transactions.
• Using FASTag allows taxi operators to optimise their operations, as the system delivers real-time information on toll costs.
• Many toll operators provide discounts or incentives for FASTag users. Taxi drivers utilising FASTag may access these savings, reducing toll costs and enhancing the affordability of taxi services.

Step 1: You can purchase a FASTag at any HDFC Bank branch, designated POS locations, or through online registration.

Step 2: Prepare the necessary documents, including:

• KYC documents
• Vehicle registration certificate
• Passport-size photograph
• PAN Card (mandatory)
• Address and ID proof (valid driving licence acceptable)

Step 3: Register on the HDFC Bank customer portal to create a user ID and password. There are separate portals for retail and corporate users.

Step 4: Access your account using your customer ID (Cust ID) from the Welcome Mailer or by entering identifiers such as RFID number, Wallet ID, Vehicle ID, or phone number.

Step 5: Enter your mobile number, generate an OTP, and use it for verification. Then, set a secure password.

Step 6: Manage your FASTag account through the portal. You can handle account details, service requests, payments, top-ups, and access reports and statements.

Step 7: Choose the recharge amount, which must exceed ₹1,00,000 at a time.

Step 8: Recharge using HDFC Bank Credit/Debit Card, NetBanking, or Credit/Debit Card and NetBanking services of other banks.

For taxi fleets, FASTag offers an effective tool for managing operations. Fleet operators can monitor toll expenses for each vehicle, which helps in better budgeting and operational planning. This system is particularly beneficial for large taxi companies, where managing multiple cars and their expenses can be challenging.

The impact of FASTag for taxis extends beyond urban centres to rural areas, where taxis often drive through multiple toll plazas to connect remote regions to bigger cities. This expansion of FASTag enhances connectivity and accessibility, ensuring that taxi services remain efficient and timely even in the most distant areas.

Buy FASTag now

FASTag for taxis, offered by HDFC Bank, is a significant step forward in enhancing the efficiency and profitability of taxi services. It simplifies toll payments, saves time, and improves fleet management and customer satisfaction. As the demand for quick and efficient transportation grows, adopting FASTag by taxi services is not just beneficial; it is essential for staying competitive in the rapidly evolving world of transportation.

Link your FASTag to HDFC Bank’s PayZapp and make faster recharges. You can pay using your bank cards, UPI and PayZapp wallet. What’s more, you can stand to earn assured cashback with select transactions.