Question: How Much Does A FASTag Cost?

Which bank FASTag is best?

Who is your preferred FASTag provider?View Poll Results: Who is your favourite FASTag provider?State Bank of India162.77%ICICI Bank17229.81%Equitas Small Finance Bank132.25%HDFC Bank579.88%20 more rows•Feb 24, 2020.

Can I buy FASTag from bank?

Or, and this could perhaps be simpler as well—you could buy one on Amazon.in or approach certain banks, including payments banks, for these FASTags. The banks that currently offer FASTags include HDFC Bank, ICICI Bank, State Bank of India, Kotak Bank, Axis Bank as well as Paytm Payments Bank, to name a few.

Can we change FASTag bank?

Share. FASTag is linked to a registered Paytm Payments Bank wallet/account to facilitate instant automatic deduction of toll charges. So, if your FASTag is linked to Paytm wallet, which is connected to another bank account, then you can change the bank account and recharge the wallet from the new bank account.

Is FASTag deadline extended?

FASTags, which facilitate electronic payment of fee at toll plazas, was introduced in 2016. … The central government extended the FASTag deadline for the vehicles from January 1, 2021, to February 15, 2021. (Catch all the Business News, Breaking News Events and Latest News Updates on The Economic Times.)

Which banks are issuing FASTag?

NETC FASTag Live MembersSr. No.Member BanksIssuer11Federal BankYes12FINO Payments BankYes13HDFC BankYes14ICICI BankYes27 more rows

Can I use my FASTag in another car?

Yes, you have to take a different FASTag for each vehicle.

Can I get FASTag without RC?

No, you can’t get a FASTag without RC. It is important to have a registration number and a scan copy of the RC to get a FASTag.

Is Cash accepted at toll plaza?

What happens to the cash lane? Till now, every toll plaza on the national highways had a cash lane, which accepted both FASTag-based and cash payments. There will be no cash lane from February 16, 2021.

Is FASTag free of cost?

As per the Ministry of Road Transport and Highways, the vehicle owners can get FASTag for free by visiting any authorized physical point of sale locations across the country.

Which bank is offering free FASTag?

Bank-specific FASTags are provided by 22 banks such as AXIS Bank, ICICI Bank, HDFC Bank, State Bank of India, at designated branches, toll plazas operated by the assigned banks and at common service centres. FASTag can also be purchased online through E-commerce giants like Amazon and Paytm.

Is there any minimum balance for FASTag?

The National Highways Authority of India has decided to do away with the requirement of maintaining a minimum amount in FASTag wallet. The move aims at ensuring seamless movement at electronic toll plazas.

Can I get FASTag for my father’s car?

As per HDFC website “All required documents for FASTag should be in the name of the owner of the vehicle. If car owner is not present at the time of application, driver will need to submit his photo ID proof.”.

How much should I pay for a FASTag?

What are the charges for FASTag? FASTag has a onetime Fee of Rs. 200.00. The refundable security deposit depends on the vehicle type.

How can I get a free FASTag?

To increase adoption of FASTags, the NHAI stated that users can get a free FASTag at 770 toll plazas on National and State highways across the country till March 1. A record sales of over 2.5 lakh tags was reported in the last two days, an NHAI release said.

How can I buy FASTag?

FASTags are available at toll plazas, apps such as Paytm and Airtel Payments Bank, as well as at banks including SBI, ICICI Bank, HDFC Bank, and Axis Bank. FASTag is valid for five years from the date of issuance.

Can I buy FASTag at toll plaza?

Yes. One can buy FASTag from a toll plaza.

Is FASTag mandatory now?

The Union Ministry of Road Transportation and Highways has said that the Radio Frequency Identification tag, which facilitates electronic payment of fees at toll plazas, will become mandatory from Monday midnight and vehicles without FASTag will have to pay twice the toll amount.

Is HDFC FASTag free?

Tag Joining Fee – A one-time charge levied only the first time for registration as a FASTag User. This charge is applicable once to initiate and activate the Tag for your vehicle. The current fee is Rs. 100 including applicable taxes.