If you have taken a one-year plan in Fastag and have to sell the vehicle, will you get a refund? Know the rules

Fastag Rules: Often many people get a year-long recharge done in their Fastag. In such a situation, a question comes to their mind that if the vehicle is sold in the meantime. So will the Fastag get a refund?

You can see many vehicles running on the roads. When a vehicle enters the border of one state from another state. Then it has to pay toll tax. This rule is applicable in almost all the states of India.

There was a time when there used to be a long queue at the toll plaza to pay toll tax. And people had to pay toll tax manually themselves. But now the system has changed completely.

Now the new system for paying toll tax has been completely implemented in India. Now toll tax is paid by using Fastag in all vehicles. This saves a lot of time. So paying toll also becomes easy.

People have to get recharge done in Fastag. Just like the way mobile phones are recharged, many people often get a year-long recharge done in their Fastag. In such a situation, a question arises in their mind that if the vehicle is sold in the meantime, will the Fastag get refunded?

So let us tell you that the bank which has issued you the Fastag depends on the policy of that bank. If such a situation arises, then whether you will get a refund or not.

Apart from this, if we talk about the general procedure, if you have sold the vehicle, then first of all you have to call your bank and close your Fastag. You can do this by calling customer care and visiting the official website.

If there is some balance left in your Fastag, then it is refunded to your bank account. Many banks also return the security deposit. However, this rule varies according to different banks.