IDFC First Bank has been authorized by Tourism Development Council Manali to collect the green tax by way of FASTag from motorists entering in Manali toll plazas. It is for the first time the automatic toll collection system will be used to pay green tax in the country.
Currently, IDFC First Bank is the largest acquirer, servicing over 400 toll plazas, and has issued about 60 lakh FASTags. And, the transactions by motorists using the bank's tags average about 20 lakh a day.
IDFC First Bank provides a range of financial solutions to individuals, small businesses and corporates.