Question: How Do I Get A Refund From FASTag?

How long does it take to get a refund through chargeback?

Once you’ve applied for chargeback, it’s up to your card provider to contact the supplier’s bank to process the refund, which could take time.

However, it should not be an open-ended request.

If the whole process takes longer than eight weeks, take your case to the Financial Ombudsman..

How can I get a free FASTag?

Steps to Get FASTag for Free from Paytm App:On the Paytm App, select FASTag Option. After you have logged in, on the home page, select “FASTag & Toll” or “Get your Free FASTag now!”. … Select “Buy FASTag“ On the new page, click “Buy FASTag” .Fee Breakup:

Is FASTag transferable?

FASTag is vehicle specific and once affixed, cannot be transferred. When you sell your vehicle, you can close your FASTag account related to that vehicle.

Does FASTag balance expire?

As soon as the vehicle crosses the toll plaza, the toll fee will get deducted from the bank account/prepaid wallet linked to the FASTag affixed on the vehicle’s windscreen. … Moreover, these FASTags do not have any expiry date, that is, they can be used as long as they are readable at the toll plaza and are not tampered.

How do I get my money back from FASTag?

You can also avail cashback on toll transactions on national highways….Login to FASTag Portal with User ID / Wallet ID and Password.Select the option of Service Request -> Generate Service Request.Select Request Type as Closure Request to close the RIFD Tag or Wallet.

Which bank FASTag is best?

HDFC Bank – Rs 400: Rs 100 is the issuance fee. … Paytm – Rs 100: This seems to be the most generous deal to car owners. … ICICI Bank – Rs 500: The most expensive deal on this list. … SBI Bank- Rs 400 : This includes Rs 100 as issuance fee, Rs 200 as security deposit with a minimum balance of Rs 100.

How do I get rid of FASTag blacklist?

Share. FASTag gets blacklisted when it doesn’t have the minimum balance. You can just recharge it with an adequate amount so that it goes above the minimum threshold limit. When balance reaches above the minimum level, Fastag will automatically be removed from the blacklist.

What is the difference between chargeback and refund?

To the casual observer, the difference between a chargeback and a merchant-initiated refund might seem trivial. … Too many chargebacks can mean the imposition of restrictions and possibly even the loss of your merchant account. A voluntary refund, however, is strictly a matter between the merchant and the customer.

Is Paytm FASTag good?

My conclusion is paytm fastag is better than other bank fastags, because the payment is easy and the wallet amount will be deducted automatically in the toll gate and the balance amount can be used for any other online transaction.

How do I know if my FASTag is active?

To check your FASTag balance, call this numberThe number is toll free and the facility is available round the clock.Those who have registered their mobile number with NHAI Prepaid Wallet can know the balance by giving a missed call at +91-8884333331.

Which bank gives FASTag?

NETC FASTag Live MembersSr. No.Member BanksIssuer1Airtel Payments BankYes2Allahabad BankYes3AU Small Finance BankYes4Axis Bank LtdYes23 more rows

What is chargeback process in FASTag?

For all toll transactions, the toll plaza system sends a request to Bank for debiting the toll amount that is due from you. In the rare scenario of Toll Plaza system sending an incorrect amount, Bank would raise a Chargeback on behalf of you to recover the money that has been collected in excess by Toll Plaza.

Can I cancel my FASTag?

If you wish to stop using FASTag, call us on 1800-120-4210 to raise a closure request. You can replace your damaged tag with a new one at an applicable charge.

Which documents are required for FASTag?

What are the Essential Documents Needed to Apply for FASTag?Vehicle Registration Certificate.Passport size photo of the vehicle owner.KYC documents for ID and Address Proof – you can submit Driving Licence, PAN Card or Passport.More items…•

Can I change my FASTag bank?

Share. FASTag is linked to a registered Paytm Payments Bank wallet/account to facilitate instant automatic deduction of toll charges. So, if your FASTag is linked to Paytm wallet, which is connected to another bank account, then you can change the bank account and recharge the wallet from the new bank account.

Is FASTag free of cost?

FASTag to be available free of charge for 15 days Road users can visit any authorised point-of-sale location with a valid registration certificate (RC) of the vehicle and get an NHAI FASTag free of cost. … The applicable security deposit and minimum balance amount for FASTag wallet shall, however, remain unchanged.

Can I buy FASTag from toll plaza?

Another option to buy a FASTag is from toll plazas. While travelling through any toll plaza, one can buy a FASTag from the toll booth. Just remember to carry the registration and KYC documents when going for the purchase. A FASTag can also be purchased across various E-Commerce portals.

Who is responsible for chargebacks?

Assuming that each party in the chain has accepted liability for chargebacks, the potential for chargeback liability begins with the merchant that initiated the transaction. If a chargeback occurs, then the merchant is the first entity that is liable to pay the chargeback.

Is FASTag free on toll plaza?

You will have to pay the security deposit applicable and also the charges to create the minimum balance specified. The FASTag system launched by the central government during the second half of 2019 is a system that enables automatic deduction of toll charges at the NHAI toll plazas.

What happens if you don’t have a FASTag tag?

Starting December 1, if you enter a FASTag-enabled lane without getting a FASTag active, you will be charged double the amount of toll fee and will have to pay by cash.

How can I get FASTag immediately?

You can buy FASTags from branches or online services of banks including SBI, HDFC, ICICI, Bank of Baroda, Axis, City Union Bank. The FASTag is also being issued at the NHAI’s points of sale at all toll plazas, PayTM, e-commerce websites such as Amazon, and Road Transport Authority (RTA) offices.

Is FASTag mandatory?

From January, FASTag, India’s electronic toll collection chip for national highways, is going to be mandatory for all vehicles. The government is keen on moving to a system wherein 100 per cent of the toll collected are through FASTag and no cash handling at toll plazas.

Can I have 2 FASTag for same car?

You cannot use one FASTag with two or more vehicles, you will have to buy two separate FASTags for the two vehicles and so on. As per the IHMCL website, “If you reside within a range of 10 km from the toll plaza, you can avail a concession on toll to be paid via your FASTag.

Can I get FASTag without RC?

No until and unless you receive the RC card you cannot get a FASTag for a new car as the Registration number and scan copy of the RC is required.