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what is Fastag , how to get online, benefits, recharge more info

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Table of Contents

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  • What is fastag?
  •  FASTag benefits?
  • How to get Fastag?
  • Documents required for Fastag
  • How to get fastag online?
  • Price of fastag either it free or not
  • Closing Fastag for sold vehicles?
  • can I use one FASTag for Multiple vehicles?
  • Can i get monthly pass for toll plaza?
  • how to get concession or free entry if live within 10KM of toll plaza?
  • fast tag Validity
  • What is the minimum balance for Fastag wallet’s ?

What is fastag?

 

Radio-frequency Identification (RFID) technology and is affixed on the vehicle’s windscreen after the tag account is active.

 FASTag benefits?

  1. easy automatic payments using RFID tag affixed at your windscreen. through your fast tag wallet by all banks NBFc like Paytm.
  2. 2.5% cashback for FY 2019-20 (this transaction fee goes to bank like credit card transactions).

How to get Fastag?

  1. Online any banking polar or App, Paytm

2 Offline any nearest branch  / pos

3. at Toll Plaza  

Documents required for Fastag

  1. your Vehicle RC
  2. fast tag application

How to get fastag online?

visit the banking portal or Paytm

Enter your vehicle Number pay the Fee .

Enter your Fastag delivery Address. later you can affix to car windscreen.

Price of fastag either it free or not

Issuance fees of the Tag:- Rs. 100/- across all categories,

Refundable security deposit 250

Minimum Balance to maintain 150

500 with Paytm

SBI 100+200+100 = 400

ICICI 99+gst+200+100 = 408

Axis

HDFC

Closing Fastag for sold vehicles?

Remove the tag from window screen

then close the fast account to get refund.

can I use one FASTag for Multiple vehicles?

No, you will need to take two separate FASTags for the two vehicles.

 

Can i get monthly pass for toll plaza?

monthly pass and the facility is specific to each toll plaza.

 

how to get concession or free entry if live within 10KM of toll plaza?

you will need to submit the required documents (proof of residence) at the Acquiring Bank POS location to validate your residence within 10 km of a particular plaza.

fast tag Validity

The tag has a validity of 5 years. you can renew after.

What is the minimum balance for Fastag wallet’s ?

Car / Jeep / Van >>160 Rupees

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