What Is a FASTag Statement?
Being a daily commuter, you might be crossing toll plazas regularly paying toll taxes. Thus, it becomes difficult to keep track of the toll expenses. This is where the importance of a FASTag statement comes in.
A FASTag statement entails detailed information on toll payments monthly which is deducted from your linked FASTag account. This statement provides you with the necessary details of the amount deducted, the time when it was deducted, and the tollbooth from which the toll fee was deducted. Thus, keeping track of this statement regularly makes it easier to find out the remaining balance and recharge amount accordingly.
Alongside, each time a toll fee is deducted from your account, you will receive a text message notification. These text messages are for the current transaction and previous details are not there. So it is difficult to note down all the transaction. Thus, having a FASTag statement becomes handy because it contains all necessary information on toll payments deducted at respective toll plazas.
How to Download Your FASTag Statement?
Downloading the FASTag statement is an easy process. The best way to download the statement is through the FASTag portal of your chosen bank. However, there are different other ways, online and offline modes, to download your statement. Let us check the below section to know the steps.
Here is a detailed step-by-step guide on how to check and download the FASTag statement:
Step 1: Navigate the FASTag issuer's website or mobile app and enter the valid credentials login into the FASTag account
Step 2: Choose the option of viewing or downloading your transaction history or FASTag statement within the dashboard section of the account
Step 3: Choose the required period for which you want to download the FASTag statement such as the quarter, previous month, or custom date range
Step 4: By selecting the period, download the FASTag statement in the required format such as Excel or PDF, considering the provided options
Step 5: The downloaded statement can be saved for future references or record-keeping purposes
Using the FASTag App
Check the following steps to download the statement of FASTag via its app.
Step 1: Download and Install: Download and install the specialised app on your smartphone if your FASTag issuer offers one.
Step 2: Log In: Using the login information you registered, access your FASTag account.
Step 3: Access Statement: Access Declaration Navigate to the app's statement or transaction history area.
Step 4: Create and Download: To produce and download the statement, adhere to the directions displayed on the screen.
Via Toll Plaza Operators
Certain operators of toll plazas provide the ability to download FASTag statements right there at the toll plaza. This approach, however, would only be able to access recent transactions and might not offer as much information as bank statements.
Why Download the FASTag Statement on Your Device?
After understanding the ways to check FASTag statements and download them on your device, you might be wondering why it is necessary to download them. The significance of downloading the FASTag statement on your device is as follows:
Downloading the FASTag statement once and keeping it on your device will let you check the transaction history or other relevant details as and when you need, without any stable internet connection
It comes free of cost to download the FASTag statement from the e-Toll app
Downloading the statement also lets you detect transaction errors if there are any
Because of the downloaded statement, you can track the FASTag account easily and maintain sufficient balance in the account. Thus, you can renew the account before it expires.
To obtain the complete information at a glance, downloading the FASTag statement is a must.
However, make sure to review the FASTag account balance at least once a month once you download the full statement. This way, you will never run short of a low balance in the account.
How to Download a FASTag Statement by Vehicle Number?
Downloading a FASTag statement by vehicle number in India is a simple process, thanks to the user-convenient features provided by the NHAI. Following the steps below will allow you to check the FASTag statement with the vehicle number and quickly review if there are errors in the report, ensuring a smooth and hassle-free travelling experience on highways.
Step 1: Visit your FASTag account linked with the vehicle number
Step 2: If there are multiple tags in your account, you need to enter the required vehicle number by visiting the statement section
Step 3: After entering the vehicle number, follow the desired process review or download the FASTag statement
How Does a FASTag Work?
The working process of FASTag is simple and hassle-free. Let us explore here how FASTag works:
Purchasing a FASTag from an issuing bank or online platform is essential and follow the given instructions to activate it
Once the FASTag is activated, it needs to be fixed on the windshield of the vehicle. Most prominently, it is placed at the top centre of the windshield.
Next, linking your FASTag with a prepaid account is a must. For this, log into the FASTag portal of the respective bank. Enter the account and vehicle details to finish up the linking process.
Make sure to maintain a sufficient balance for toll payments. Thus, recharging the FASTag account is completed through different payment methods such as debit card, credit card, net banking, or UPI.
As soon as your vehicle enters the toll plaza, the RFID reader detects the FASTag and deducts the amount automatically. This thereby allows your vehicle to pass through smoothly.
An SMS or app notification will be sent on your phone after each transaction detailing the amount deducted and the remaining available balance in your account.
Benefits of Downloading FASTag Online
Downloading FASTag online has numerous benefits. Here is a detailed explanation of the top benefits of downloading FASTag online:
Hassle-Free Travel on Highways
With an online downloaded FASTag statement, you can travel hassle-free on highways without worrying about payment. FASTag deducts the toll charges directly from your linked account.
SMS Alert
As soon as the toll plazas deduct the amount, you will receive an SMS notifying you of every detailed FASTag transaction.
Access to Transactions
Downloaded FASTag statement provides a detailed history of transactions with clear statements by just logging into the FASTag customer portal.
Online Recharge
You can avail of easy recharge of your FASTag account through debit or credit card, UPI, Mobile Banking, or Net Banking.
Saves Fuel and Time
With the FASTag statement downloaded online, there is no need to stop at toll plazas for payment. This thereby saves time and fuel consumption.
Cashless Commute
With FASTag installation, you can travel cash-free as toll payments are debited from your linked account directly.
Tips for Effective FASTag Statement Management
Here are some tips to effectively manage the FASTag statement:
Frequently Download: Download your FASTag statements regularly to keep track of your spending.
Verification: Verify the specifics of the statement by cross-referencing it with the bank statements and toll plaza receipts.
Maintaining Records: Save hard copies and digital versions of your FASTag statements for future use.
Safe Storage: To protect your financial information, keep your FASTag statements out of the hands of unauthorised individuals.
Final Words
FASTag has become mandatory for all vehicles in India. Similarly, regular downloading of the FASTag statement and reviewing it helps to ensure transparency and accountability during the collection of toll taxes. Because of FASTag, users can experience a hassle-free journey on highways and take timely action during emergencies. Following the above-mentioned steps will help you understand how to check and download the FASTag statement conveniently and benefit from the key advantages of the FASTag transaction record.
Make sure to review the downloaded FASTag statement regularly to maintain transparency and ensure correct toll deductions while passing through highways.
Frequently Asked Questions
