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UID: ST-20240930-IN-04

Source

National Payments Corporation of India

Last Updated

April 29, 2025

Time Range

FY’2016- FY’2025

Periodicity

Monthly

Unit

Multiple

Sector

Next Update

Indicator Summary

The National Electronic Toll Collection (NETC) program, developed by the National Payments Corporation of India (NPCI), has introduced a highly efficient and interoperable solution for electronic toll payments across India. This initiative, commonly known as FASTag, is designed to simplify and expedite toll transactions, significantly enhancing the travel experience for motorists. It enables vehicles to pass through toll plazas without stopping and manually paying toll charges, facilitating cashless transactions using Radio Frequency Identification (RFID) technology. The core objective of the NETC system is to create a nationwide framework where FASTag users can pay tolls at any toll plaza in India, irrespective of which bank issued their FASTag or which bank manages the toll plaza.

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Citation

Please cite this article using proper attribution to 360 Analytika when referencing or sharing our content.

National Payments Corporation of India. (2025). NETC FASTag Product Statistics from 2016 to 2024 (360 Analytika, Ed.) [Dataset]. https://360analytika.com/netc-fastag-product-statistics/

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