AckoDrive inks pact with IDFC to issue free FASTags

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Bengaluru: AckoDrive one-stop solution for first-hand car buying, has announced a partnership with IDFC FIRST Bank to issue free FASTags.

With AckoDrive getting a FASTag is hassle free and convenient. Unlike FASTags issued by others, AckoDrive’s digital platform requires no issuance fee, no paperwork or security deposit.

Any private car owner can purchase a FASTag from AckoDrive’s platform by submitting a few personal and vehicle details and by adding the initial wallet money of Rs. 100 to recharge the FASTag.

These FASTags can also be used for contactless payments for fuel purchase at HPCL pumps. 

During the purchase, AckoDrive will automatically create a FASTag wallet for the car owner with IDFC FIRST bank. It can be easily recharged through the AckoDrive platform itself, along with other regular options.

“AckoDrive Head of Business Sagar Das said. Our digital first DNA allows us to serve car owners in a frictionless, hassle free and convenient way to get a FASTag that is delivered at their doorstep,” said.

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