Old Rs 500 notes can be used for buying prepaid toll cards till December 15
Synopsis
“Old Rs 500 notes to be accepted till midnight of December 15, but only for purchase of FASTags and where toll fee exceeds Rs 200,” a statement from road transport and highway ministry said.
By Rajat Arora, ET Bureau
Last Updated:
NEW DELHI: Old Rs 500 notes can be used for buying prepaid FASTags toll cards between December 2 and December 15. The old notes will also be accepted till December 15 in the case highway toll is more than Rs 200.
The collection of toll at all Toll Plazas on National Highways across the country will resume from the midnight of 2nd December, 2016. The government is taking several steps to ensure smooth movement of traffic along the highways.
All Toll Plazas have been equipped with adequate numbers of POS ( Swipe machines) through which people can make payments using their credit or debit cards. Toll fee can also be paid through pre-paid instruments (electronic wallets).
“The FASTags can be stuck on to the windshield of the vehicle, and toll payments are made directly from the pre-paid account linked to it. Arrangements for sale of the FASTags are also being made at selected Toll Fee Plazas. The immediate use of FASTags will entail a 10 percent discount on the toll fee, in addition to faster movement through dedicated lanes at the toll plazas,” the statement said.
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“Old Rs 500 notes to be accepted till midnight of December 15, but only for purchase of FASTags and where toll fee exceeds Rs 200,” a statement from road transport and highway ministry said.The collection of toll at all Toll Plazas on National Highways across the country will resume from the midnight of 2nd December, 2016. The government is taking several steps to ensure smooth movement of traffic along the highways.
All Toll Plazas have been equipped with adequate numbers of POS ( Swipe machines) through which people can make payments using their credit or debit cards. Toll fee can also be paid through pre-paid instruments (electronic wallets).
“The FASTags can be stuck on to the windshield of the vehicle, and toll payments are made directly from the pre-paid account linked to it. Arrangements for sale of the FASTags are also being made at selected Toll Fee Plazas. The immediate use of FASTags will entail a 10 percent discount on the toll fee, in addition to faster movement through dedicated lanes at the toll plazas,” the statement said.
(You can now subscribe to our Economic Times WhatsApp channel)