OneTag: NHAI FASTag Bank Portability on Rajmargyatra
Why in the news
The highways authority introduced a facility that frees motorists from being tied to one FASTag-issuing bank.
Key facts
- Launched by: National Highways Authority of India (NHAI).
- Name: OneTag, available through the official Rajmargyatra app.
- Concept: a digital interoperability framework, comparable to Mobile Number Portability.
- Developers: IHMCL and NPCI.
How it helps
| What changes | What stays |
|---|---|
| Issuer bank can be moved to another authorised bank | Existing physical FASTag sticker |
| Greater choice of FASTag providers | Tag ID |
| No need to replace the RFID tag or give up the account | Vehicle registration linkage |
Exam angle
- Developers: Indian Highways Management Company Limited (IHMCL) and National Payments Corporation of India (NPCI).
- Analogy to remember: Mobile Number Portability.
- App: Rajmargyatra.