Over 4.59 crore FASTags Issued Till January 2022

Capital Market 

Over 4.59 crore FASTags have been issued till 31st January, 2022.

As on 5th February, 2022, approximately 12.5 lakh refund cases have been facilitated to FASTag users for incorrect deductions since January 2020. Under FASTag programme, refunds are processed after scrutiny and validation by the respective issuer bank, based on the evidence/supporting details provided by stakeholders, such as fee plaza operators/concessionaires, acquirer banks, system integrator, etc.

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

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First Published: Wed, February 09 2022. 15:41 IST
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