City
Epaper

AckoDrive partners with IDFC FIRST Bank to issue free FASTags

By ANI | Updated: March 5, 2021 14:15 IST

AckoDrive, a 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.

Open in App

AckoDrive, a 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.

"We are very pleased to be joining hands with IDFC FIRST Bank to extend the facility of FASTag purchase to millions of car owners across India. 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 Sagar Das, Head of Business, AckoDrive.

ACKO Technology and Services P Ltd. is holding company of ACKO General Insurance Limited and AckoDrive - a new product from ACKO Technologies and Services P Ltd. It acts as a virtual car dealer. It gives a one-stop solution for the best first-hand car buying experience, right from car discovery to delivery at the best price.

It offers the best deals along with the option to test drive the car before deciding on the product. The service is available in selected cities - Delhi-NCR, Mumbai, Bangalore, Pune. There are cars available from 36 brands from economic level to premier level.

This story is provided by NewsVoir. will not be responsible in any way for the content of this article. (/NewsVoir)

( With inputs from ANI )

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Tags: Infrastructure Development Finance CompanySagar dasbangaloremumbaiIdfc First BankIdfc first bank ltdIdfc first
Open in App

Related Stories

MumbaiMumbai: FIR Filed Over Maharashtra Congress’ Social Media Post Allegedly Inciting Violence

MumbaiMumbai: MNS Workers Protest at Andheri Metro Station, Damage Billboard, Demand Only Marathi Ads

MumbaiMumbai: Bomb Threat at Dadar Railway Station; Police Launch Investigation

MaharashtraMaharashtra Rains: Holiday Declared in All Schools in Palghar on September 29 Due to Heavy Rains

MaharashtraMumbai: 46-Year Old Woman Dies of Heart Attack While Playing Garba During Navratri Celebration In Vasai

Business Realted Stories

BusinessBorn in India, Scaling Globally: Clodura.AI Unifies GTM Workflows with India's First GenAI Platform

BusinessDr. R.G. Agarwal Receives Prestigious Agro-Industry Leadership Award for Transforming Indian Agriculture

BusinessElixir Wellness Named Healthcare Startup of the Year at Entrepreneur India 2025

BusinessIndia’s livestock sector clocks 12.77 CAGR, contributes 5.5 pc to economy: Minister

BusinessSensex, Nifty open in green as investors look for cues from RBI MPC meet