1 hr ago
OneTag Lets Indian Drivers Switch Banks Without Replacing FASTag
OneTag lets drivers change the bank connected to their FASTag.
They do not need to remove or replace the sticker on their car.
Drivers begin the process in the Rajmargyatra app.
They enter their vehicle registration number to check eligibility.
Their current bank sends a six-digit code to confirm the request.
The driver then chooses a new bank and completes fresh KYC checks.
The old wallet is closed after the change.
Any leftover money is refunded after pending tolls and fees are considered.
Drivers must wait six months before changing providers again.
Union Minister Nitin Gadkari launched OneTag, enabling FASTag issuer-bank changes without replacing the physical tag.
Drivers can request portability through the National Highways Authority of India’s Rajmargyatra application.
The process requires vehicle-number verification, a six-digit Mobile Verification Code, consent, and selection of a new bank.
Users must complete fresh KYC with the new issuer before the transfer is completed.
The former wallet is closed and remaining funds are refunded after pending tolls or fees are adjusted; another transfer requires a six-month wait.
- Who
- Union Minister Nitin Gadkari launched OneTag for FASTag users and participating issuer banks.
- What
- OneTag allows drivers to switch FASTag issuer banks while keeping the same physical RFID tag and FASTag ID.
- Where
- The process is completed through the National Highways Authority of India’s Rajmargyatra smartphone application and applies to India’s electronic toll network.
- When
- OneTag was officially launched; motorists will soon be able to use the portability feature.
- Why
- The initiative is intended to reduce the difficulty of changing providers and give motorists greater choice among banks.
Key facts
- Initiative
- OneTag
- Application
- National Highways Authority of India’s Rajmargyatra smartphone application
- Verification
- A six-digit Mobile Verification Code is sent by the existing issuer bank.
- Identity check
- Fresh Know Your Customer verification is required with the new bank.
- Tag status
- The physical RFID tag and FASTag ID remain unchanged.
- Wallet treatment
- The old wallet is closed and remaining funds are refunded after pending tolls or administrative fees are adjusted.
- Repeat transfer limit
- A six-month cooling-off period applies before another portability transfer.
Sources
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