New Delhi, July 16 -- Since 2021, FASTag has been mandatory for all four-wheelers in India. It has become an essential part of highway travel, enabling seamless toll payments through RFID-based technology. It is linked to your vehicle's registration number and connected to a prepaid wallet issued by an authorized bank.

Each vehicle can be associated with only one FASTag at a time, and this tag is tied directly to the issuing bank's wallet, which holds the balance used for toll payments. If your vehicle doesn't have a valid FASTag while crossing a toll plaza, you are required to pay double the toll fee.

Many users need to switch their FASTag from one bank to another. Mint helps you understand steps, timelines, and things to keep in mind....