FASTag is a tool that uses the Radio Frequency Identification (RFID) technology for making toll payments automatically deducted from the customer’s bank account/prepaid wallet linked to the FASTag affixed on the vehicle’s windscreen without stopping the vehicle at the toll plazas. So, as soon as the vehicle crosses the toll plaza, the toll fee will get deducted automatically.
Benefits:
- There is No need to carry cash for toll payments.
- SMS alerts for all your toll transactions to your registered mobile number.
- It saves both time and fuel. Vehicle with FASTag no need to stop at the toll plaza, the toll amount is automatically deducted at the toll plaza.
- Easy online recharge option through Credit Card/ Debit Card/ NEFT/ RTGS or Net Banking.
- Customers can check their statements by logging on the FASTag customer portal.
- Validity of 5 Years
- What more? No more traffic congestion at the toll plazas.
FASTags are issued by 22 certified banks through different channels, for example, Point-of-Sale at National Highway toll plazas and some selected bank branches. It is also available on Amazon.
Banks with helpline number issuing FASTag in India:
- State Bank of India: 1800-11-0018
- HDFC Bank: 1800-120-1243
- Axis Bank: 1800-419-8585
- EQUITAS Small Finance Bank: 1800-419-1996
- PayTM Payments Bank Ltd: 1800-102-6480
- ICICI Bank: 1800-2100-104
- IDFC Bank: 1800-266-9970
- Karur Vysya Bank: 1800-102-1916
- Kotak Mahindra Bank: 1800-419-6606
- Punjab National Bank: 080-67295310
- Punjab & Maharashtra Co-op Bank: 1800-223-993
- Saraswat Bank: 1800-22-9999
- Fino Payments Bank: 1860-266-3466
- Syndicate Bank: 1800-425-0585
- Federal Bank: 1800-266-9520
- South Indian Bank: 1800-425-1809
- Yes Bank: 1800-1200
- Union Bank: 1800-222244
- Nagpur Nagarik Sahakari Bank Ltd: 1800-2667183
- City Union Bank: 1800-2587200
- Bank of Baroda: 1800-1034568
- IndusInd Bank: 1860-5005004
Charges for FASTag:
FASTag is issued by certified banks; the minimum charge is Rs 100 for each tag, which is fixed by National Payments Corporation of India (NPCI). However, it may vary according to different banks, for example:
HDFC bank offers FASTag for a car at Rs 400. The pricing includes the following:
- Rs 100 for first recharge in your wallet or when you create your wallet
- Rs 100 for Tag issuance fees
- Rs 200 for Refundable Security Deposit
ICICI bank offers FASTag for a car at Rs 499.12. The pricing includes the following:
- Rs 200 for first recharge in your wallet or when you create your wallet
- Rs 99.12 for Tag issuance fees
- Rs 200 for Refundable Security Deposit
But, in case if the FASTag is already linked to your bank account, then there is no need to load money separately in your prepaid wallet. So, every time you drive through a toll plaza, pass without having to wait anymore.