INTERPRETATION

All references to singular include plural and vice versa and the word "includes" should be construed as "without limitation"
Words importing any gender include the other gender.
Reference to any statute, ordinance or other law includes all regulations and other instruments and all consolidations, amendments, re-enactments or replacements for the time being in force.
All headings, bold typing and italics (if any) have been inserted for convenience of reference only and do not define limit or affect the meaning or interpretation of these Terms and Conditions.
The rules of interpretation as set out in the General Clauses Act shall, unless it be repugnant to the subject or context thereof, apply to these Terms and Conditions as if incorporated herein.

APPLICABILITY OF TERMS

The Tag Member shall be deemed to have unconditionally agreed to accepted these Terms and Conditions by submitting the Application for the Tag or by performing a Transaction or by accepting the Tag, in the form and manner prescribed by IDFC FIRST Bank from time to time.

ISSUANCE OF TAGS

IDFC FIRST Bank may Issue the Tag to a customer on the request of the customer and pursuant to the customer making an application for the Tag and agreeing to the applicable terms and conditions in the form and manner prescribed by IDFC FIRST Bank in this regard. IDFC FIRST Bank shall maintain records of these applications and other transactions in such manner as may be deemed suitable by IDFC FIRST Bank.

The Tag Issued by IDFC FIRST Bank to the Tag Member shall be mandatorily affixed by the authorised representative of the Bank on the vehicle of the Tag Member with the license plate number specified by the Tag Member in the Application. The Tag is not transferable and may only be used with respect to the vehicle on which the Tag has been affixed by the authorized representative of the Bank. The Tag member permits the authorised representative to capture an image of the vehicle post tag affixing for bank's audit purposes.

At the time of making the Application for issuance of the Tag, the Tag Member shall be required to pay an amount of, 100/- (Rupees One hundred only) towards tag fee + service tax levied, a security deposit as per the type of the vehicle and a maximum amount of INR 49,999/- {Rupees Forty Nine Thousand Nine Hundred Ninety Nine only) or such other limit as may be specified by IDFC FIRST Bank subject to internal policy and applicable regulatory and statutory guidelines. The Tag can neither be reloaded (subsequent cash toads) thereafter nor such Initial loaded funds be accessed by the Tag Member until IDFC FIRST Bank has activated the Tag.

The Tag can be reloaded to post activation of the Tag subject to a maximum Tag balance of Twenty Thousand (20,000 INR). The tag holder shall be able to use the Tag only to the extent of the amount available on the Tag Account at any given point of time.

The Tag shall be activated subject to approval of the application by the Bank and a minimum amount being loaded on the Tag by the Tag Member. Such funds shall be loaded on the tag after deduction of the applicable charges/fees etc. payable by the Tag Member to IDFC FIRST Bank for availing the Tag.

The tag holder shall be bound to comply with these Terms and Conditions and all the policies stipulated by IDFC FIRST Bank from time to time in relation to the Tag. IDFC FIRST Bank may, at its sole discretion, refuse to accept the Application and to Issue the Tag to the Tag Member.

FEATURES OF TAG

The Tag may be used for the purpose of making applicable toll payments (as may be required by the relevant authorities) at participating Toll Plazas on the Highway through the ETC lane provided at such Toll Plazas. The list of participating Toll Plazas will be updated on the FasTag Website by IDFC FIRST Bank from time to time. No interest shall be payable by IDFC FIRST Bank on the amount available/loaded on the Tag. A User ID and password will be provided to the Tag Member to allow him/her to reload the Tag through the Tag Website. The Tag member must not disclose this User ID and password to anyone else.

The Tag Members may load and reload the Tag at Point of Sale locations Kiosks subject to verification of their identity and any other mandatary requirements as prescribed by the Bank from time to time and/or using the payment gateway available to the Tag Members after they log in to Tag Website using the User ID and password provided to them. Limitations regarding minimum amount, maximum amount, annual load limit and frequency of loading and reloading shall be applicable as prescribed by the Bank from time to time. The cash loading/ reloading facility is subject to the relevant applicable fees. Funds loaded on a Tag after activation by IDFC FIRST Bank are immediately available for the Tag Member to use.