To ease up the bottlenecks on highway toll plazas across the country, the Ministry of Road Transport and Highways (MoRTH) made FASTags mandatory for all private and commercial vehicles. The FASTag is a digital toll payment system that uses RFID (Radio Frequency Identification) technology to make payments through linked wallet or saving accounts.
If you already own a FASTag for your vehicle, then you must be aware of the fact these RFID tags are issued on the basis of vehicle registration number and are on the name of the vehicle’s owner.
Why closing a FASTag account is necessary especially when selling your vehicle
When you sell the vehicle and someone registered it with their own name, the FASTag issued for that particular registration number still remains under the previous owner’s name. Also, the account linked with the FASTag is still linked with your wallet or saving account and it will keep in deducting the toll amount from it.
But, the most important fact is the new…