• Automatic number extraction by clicking a photo of the License plate of a moving vehicle. • Identification and matching of the bank account of vehicle owner. • Automatic toll amount debit from bank account at toll plaza. • Automatic Low balance reminder in account to the driver. • Optimize waiting time at toll plaza. • Optimization of fuel wastage and extraction of pollution at toll plaza. This paper proposes an automatic toll collection system to debit the toll of moving vehicles at a toll plaza in India. An effective approach is presented here to localize the license plate of vehicles. A database has been created and linked to test the performance of the prototype toll collection system of moving vehicles. The database includes the number of vehicles, vehicle owner's name, the unique identification number of the vehicle owners, their mobile number and balance of the linked bank account. The results show a significant reduction in the vehicle waiting time, queue length, fuel wastage, and excretion of pollution at a toll plaza. In future the system can be used for the theft control.