FASTag is a new system introduced for making payment in Tollgates. It will be mandatory for paying Toll payments through FASTag soon. Initially Government of India had fixed 15-12-2019 as last date for making all the lanes of Toll Plazas into FASTag lane. But now it has been fixed as 15th January 2020. Government has provided a notification regarding the fee collection … [Read more...]
NETC – Revised timings for Daily Settlement
NPCI/NETC/ OC No.02 /2017-18 To,All Members of National Electronic Toll Collection (NETC)Madam / Dear Sir, Sub: NETC - Revised timings for Daily Settlement Objective Objective of this circular is to explain the existing and proposed changes in business day cut over for NETC online transactions, disputes through EGCS, settlement files in EGCS and posting settlement … [Read more...]
Phase wise roll out of Electronic Toll Collection (ETC) Project
NPCI: ETC: OC: No.01:2016-17 To, All Member Banks, Dear Sir/Madam, Phase wise roll out of Electronic Toll Collection (ETC) Project Background National Highway Authority of India (NHAI) / Indian Highway Management Company Ltd. (IHMCL) has issued a letter of Intent (LOI) to NPCI for creating ETC solution which would be interoperable and scalable. RBI … [Read more...]
FASTag Fee and Charges
FASTag is a new system introduced for making payment in Tollgates. It will be mandatory for paying Toll payments through FASTag soon. The FASTag Fee and Charges for the vehicles are given below in detail. Joining Fee FASTag Joining Fee is 200 (INR) including all applicable taxes. See how to join FASTag ? Tag Deposit Amount Please note: *Service tax will … [Read more...]
NETC Product Statistics
National Payments Corporation of India (NPCI) has developed the National Electronic Toll Collection (NETC) program to meet the electronic tolling requirements of the Indian market. It offers an interoperable nationwide toll payment solution including clearing house services for settlement and dispute management. Interoperability, as it applies to National Electronic Toll … [Read more...]