Union Road Transport and Highways Minister Nitin Gadkari has announced a new system called OneTag that will let FASTag users move their tag from one bank to another without removing the sticker from their vehicle. The facility was launched at the Global Fintech Fest 2026 in Mumbai.
Until now, a person who wanted to change their FASTag issuing bank had to close the existing account and go through the process of getting a completely new tag fitted. Under OneTag, the same physical tag, the same tag ID and the same vehicle registration number can be carried over to a new bank, with only the issuer changing in the background.