India Launches OneTag to Let FASTag Users Switch Banks Without New Tag
Union Minister Nitin Gadkari unveiled the OneTag facility at the Global Fintech Fest 2026 in Mumbai. The initiative allows FASTag users to switch their issuer bank while retaining their existing physical tag. Users will need to complete a fresh KYC process as part of the transition. Any remaining balance from the previous bank will be refunded to users upon switching. The move aims to give highway commuters greater flexibility and simplify the bank-switching process.
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