List of Cheapest FASTag Provider – Buy FASTAG Online (Fee & Charges Compared)

Is FASTag is mandatory from 1st December 2019? You may have heard the news that NHAI issued an official notice that from 1 Dec 2019 it is mandatory to have FASTag RFID Tag affixed on your vehicle. The FASTag helps toll plaza to collect toll charges via UPI, PayTM or online. Here, we are sharing the Cheapest FASTag provider (recharge & fee). You can purchase online & get FASTag home delivered.

National Payments Corporation of India (NPCI) has developed NECT (National Electronic Toll Collection) system. It is the online toll collection system (without cash). FASTag is basically a RFID Tag that is affixed on the windscreen of the vehicle and enables a customer to make the toll payments directly from the account which is linked to FASTag.

FASTag Statistics Nov-Dec 2019

Table of Contents

The FASTag System was introduced from November 2016. Here, we are sharing the statistics of total toll collection in Aug, Sept, & October 2019. Till 31 October 2019, total of 63,71,309 RFID Tag has been given. The Govt. of India is now making FASTag mandatory from 1 December 2019.

MonthNo. of Banks
Live on NETC
Tag
Issuance (In Nos.)
Volume (In Mn)Amount
(In Cr)
Oct23637130931.46702.86
Sep-1923599894729.01658.94
Aug-1923571770227.78610.52

Guide of Buy FASTag

Before purchasing FASTag RFID Tag you must check the following features:-

  1. It should be reliable.
  2. 2.5% cashback for FY 2019-2020 on all National Toll payments using FASTag.
  3. Replacement fee should not be more
  4. Documents needed to apply for FASTag are Registration Certificate (RC) of the vehicle,  Passport size photograph of the vehicle owner KYC documents.
  5. The validity is 5 years.

Benefits of FASTag

  • FASTag is read by the tag reader at the plaza and the toll amount is deducted automatically when the vehicle approaches the toll plaza.
  • Online top-up of FASTag wallet account through Credit/Debit Card and Net Banking.
  • You can avail a cashback of 2 .5% on all National Highway Toll Payments using FASTag in FY 2019 – 20.
  • 24X7 customer support.
  • Tag validity is for 5 years.
  • The minimum amount for recharge is Rs.200/-. KYC customers can recharge to a maximum of Rs.1,00,000/- whereas Non-KYC customers can recharge for Rs.10,000/-.
  • Customer portal to track the transactions.
  • SMS alerts on the transactions.
  • Environmental benefits
    • Reduced air pollution
    • Reduced use of paper
  • Social benefits
    • Reduced toll payment hassles
    • Analytics for better highway management
  • Economic benefits
    • Reduced effort in management at toll plaza
    • Reduced effort in monitoring centrally

Cheapest FASTag Providers

Here we are providing the list of FASTag RFID providers. You can choose & compare FASTag.

[highlight color=”yellow”]Airtel FASTag  – Fee & Charges[/highlight]

Here is the Airtel FASTag Charges. You have to pay Rs 100/-  (one-time fee), Security fee is also applicable as per the Vehicle Class. Airtel don’t provide FASTag for Two wheeler, Three – Wheeler Passenger, Three-wheeler Freight

The charges applicable to Airtel Payments Bank Tag are as follows:

Tag Joining Fee (One-time Fee)100/- ( including all applicable taxes)
Tag Re-issuance Fee (One-time Fee)100/- ( including all applicable taxes)

One-time Security Deposit Amount

Vehicle ClassDescriptionSecurity
Deposit (in Rs.)
Threshold
Amount (in Rs.)
4Car / Jeep / Van / Tata Ace and Similar mini Light Commercial Vehicle200150
5Light Commercial vehicle 2-axle300140
6Bus– 3 axle400300
6Truck – 3 axle500300
7Bus 2 axle / Mini bus, Truck 2 axle400300
12Tractor / Tractor with trailer, Truck 4, 5 & 6 -axle500300
15Truck 7-axle and above500300
16Earth Moving / Heavy Construction Machinery500300

Airtel FASTag Customer Care || Airtel FASTagWebsite

[highlight color=”yellow”]Axis Bank FASTag – Fee & Security Charges[/highlight]

The Axis Bank is NPCI National Electronic Toll Collection (NETC) Acquirer & Issuer. Axis Bank provided RFID Tag FASTag for all vehicle (From Class 1 to 20).

One Time Fee is Rs 200/- (Which is Rs 100 more than Airtel).

Vehicle ClassDescriptionTag Deposit (Rs.) RefundableThreshold Amount (Rs.)
1Two-wheeler100.00100.00
2Three – Wheeler Passenger350.00150.00
3Three-wheeler Freight350.00150.00
4Car/Jeep/Van200.00100.00
5Light Commercial vehicle 2-axle300.00140.00
6Light Commercial vehicle 3-axle300.00140.00
7Bus 2-axle400.00300.00
8Bus 3-axle400.00300.00
9Mini-Bus400.00300.00
10Truck 2 – axle400.00300.00
11Truck 3 – axle500.00300.00
12Truck 4 – axle500.00300.00
13Truck 5 – axle500.00300.00
14Truck 6 – axle500.00300.00
15Truck Multi axle ( 7 and above)500.00300.00
16Earth Moving Machinery500.00300.00
17Heavy Construction machinery500.00300.00
18Tractor500.00300.00
19Tractor with trailer500.00300.00
20Tata Ace and Similar mini Light Commercial Vehicle200.00100.00

Axis FASTag Customer Care || Axis Bank Website

[highlight color=”yellow”]Bank of Baroda FASTag Fee & Charges[/highlight]

Bank of Baroda is also a live member of NETC FASTag. It is an issuer of FASTag RFID. The charges & fee is given below. It is popularly known by BARODA FASTag.

One time fee is 84.74 + Goods & Service (GST) tax. (Which is the cheapest). The refundable security deposit depends on the vehicle type.

Vehicle ClassDescriptionTag Security Deposit
(Rs.) Refundable
Threshold
Amount (Rs.)
4Car/Jeep/Van200.00200.00
5Light Commercial vehicle 2-axle300.00140.00
7Bus 2-axle400.00300.00
8Bus 3-axle400.00300.00
9Mini-Bus400.00300.00
10Truck 2 – axle400.00300.00
11Truck 3 – axle500.00300.00
12Truck 4 – axle500.00300.00
13Truck 5 – axle500.00300.00
14Truck 6 – axle500.00300.00
15Truck Multi axle ( 7 and above)500.00300.00
16Earth Moving Machinery500.00300.00
17Heavy Construction machinery500.00300.00
20Tata Ace and Similar mini Light Commercial Vehicle200.00100.00

Baroda FASTag || Customer Support

[highlight color=”yellow”]City Union Bank FASTag[/highlight]

The City Union Bank also provides FASTag for  Vehicle Class 4, 5, 6, 7, 12, 15, 16. It is popularly known as CUB FASTag.

  • Joining Fee: Rs 100/- (All Vehicle).
  • Closure/ Inactivity Charges: Rs 100/-
  • Replacement of FASTag RFID: Rs 100/-
S.No.Vehicle TypeTag ColorVehicle ClassSecurity DepositInitial/Min Load
1Car / Jeep / Van/Small commercial vehicleViolet4200200
2Light Commercial VehicleOrange5300300
3Three Axle Commercial VehiclesYellow6300300
4Bus/TruckGreen7400400
54 to 6 axlePink12400400
67 or More AxleBlue15400400
7Heavy Construction Machinery (HCM)/Earth Moving Equipment (EME)Black16500500

 

Customer Care number:18002587200.
Customer Care email id: [email protected]

CUB FASTag Website

[highlight color=”yellow”]Equitas FASTag – Fee & Charges[/highlight]

Equitas Small Finance Bank is the live member of NETC FASTag. The Owner of the Vehicle can apply for new FASTag via the online application and get it delivered at home.

You may visit any of the Point of Sale (POS) locations near Toll Plazas / Equitas Small Finance Bank Branch offices to get your tag account created. You may call our customer care 1800 103 1222.

You will need to carry original as well as copy of your KYC document along with your RC Book, Driving Licence and Vehicle at the POS / Branch office location.

In case the FASTag Account remains unused for a period of 6 months the fee will be deducted (Inactivity Charges). If there is a negative balance then FASTag Account will be closed with prior intimation to the Tag member.

  • One Time Joining Fee: Rs 100/-
  • The convenience fee will be applicable for online recharge
  • Security fee is refundable= Rs 100/-
Description

Threshold Amount/ Recharge

Car/Jeep/Van

100

Light commercial vehicle 2-axle/3-axle

140

Bus 2-axle/Bus 3-axle/ Mini Bus

300

Truck 2-axle

300

Truck-3axle

300

Truck-4 axle

300

Truck-5 axle

300

Truck-6 axle

300

Truck-7 axle and above

300

Earth moving/ Heavy Construction Machinery

300

Tractor/Tractor with trailer

300

Tata Ace and Similar mini Light Commercial Vehicle

100

Equitas FASTag Website

[highlight color=”yellow”]Federal Bank FASTag Fee/ Security Charges[/highlight]

Federal Bank FASTag charges & fee included GST Tax. So, it is the cheapest as compared to the Axis Bank, Airtel, Baroda FASTag etc.

Joining Fee: Rs 100/- (including GST)
Security Charges: Rs 100/- (Refundable – It is also including GST).

All the amount mentioned below is in INR and inclusive of all taxes

Vehicle ClassVehicle TypeThreshold Value
VC4Car or SUV or MINI LCV200
VC5LCV200
VC63 AXL Truck or Bus300
VC7Bus or Truck300
VC124 to 6 AXL Truck or Bus400
VC157 or More AXL Truck500
VC16HCM or EME like JCB500

Federal Bank FASTag Website

[highlight color=”yellow”]FINO Bank FASTag – Fee & Charges[/highlight]

We have checked the FINO Payment Bank portal of FASTag. There is no information of fee & charges. or FAQ page. But you can apply & request for RFID FASTag by filling simple contact form.

As per the NETC Charges:

Minimum Joining fee: Rs 100/-

Support Vehicle Class (TAG) are –

  • VC4 – Car / Jeep / Van
  • VC4 – Tata Ace and Similar mini Light Commercial Vehicle
  • VC5 – Light commercial vehicle 2-axle/ Mini Bus
  • VC6 – Bus 3-axle
  • VC6 – Truck 3-axle
  • VC7 – Bus 2-axle
  • VC7 – Truck 2-axle
  • VC12 Tractor / Tractor with trailer
  • VC12 Truck 4-axle
  • VC12 Truck 5-axle
  • VC12 Truck 6-axle
  • VC15 Truck 7-axle and above
  • VC16 Earth Moving / Heavy Construction Machinery

FINO Bank FASTag Website

[highlight color=”yellow”]HDFC FASTag Fee & Charges[/highlight]

HDFC is a very popular FASTag Issuer & Acquirer. You can book online for FASTag RFID. Here is the current fee & charges:

  • Joining Fee: Rs 100/-
  • Re-Issue/ Fee: Rs 100/-
  • Convenience fee rates for your reference.
Credit Card1.10% of the transaction value
Debit Card1% of the transaction value
Net BankingRs. 8/-

Note: There is no refundable of the Security Deposit.

NPCI Vehicle ClassDescriptionSecurity Deposit (in Rs.)Threshold Amount (in Rs.)
4Car / Jeep / Van / Tata Ace and Similar mini Light Commercial Vehicle200100
5Light Commercial vehicle 2-axle300140
6Bus– 3 axle400300
6Truck – 3 axle500300
7Bus 2 axle / Minibus, Truck 2 axle400300
12Tractor / Tractor with trailer, Truck 4, 5 & 6 -axle500300
15Truck 7-axle and above500300
16Earth Moving / Heavy Construction Machinery500300

HDFC FASTag Customer Care || HDFC FASTag Website

[highlight color=”yellow”]ICICI FASTag – Free & Charges[/highlight]

ICICI FASTag is also live member of NPCI NETC. The Joining fee is also less than Rs 100/-

Tag Joining Fee: Rs. 99.12 (including GST)
Convenience fee rates

Available OptionsConvenience fee
ICICI Bank CIB and RIBFree
UPIFree
Debit Card0.2% to 0.85% (basis the transaction value)*
Credit Card1.8% of transaction value*
Internet Banking1% to 1.65% (basis the transction value)*
NEFT
  • CUG wallet recharge: Free or NEFT/RTGS charged as levied by the source bank
  • Tag wallet recharge: Rs.15 per transaction for Tag level recharge
ChequeFree

TAG Fee & Charges by ICICI Bank.

Tag ClassDescriptionTag ColourTag DepositThreshold amount
4Car / Jeep / VanViolet200200
4TATA Ace and similar mini Light Commercial VehicleViolet200100
5Light Commercial Vehicle / Mini BusOrange300140
6Bus 3 AxleYellow400300
6Truck 3 AxleYellow500300
7Bus 2 Axle / Truck 2 AxleGreen400300
12Tractor / Tractor with trailer / Truck 4/ 5/ 6 AxlePink500300
15Truck 7 Axle and aboveBlue500300
16Earth Moving / Heavy Construction MachineryBlack500300

ICICI FASTag Website

[highlight color=”yellow”]IDFC FIRST Bank FASTag Fee & Charges[/highlight]

We have checked the IDFC First FASTag website. There is no information on Vehicle Class FASTag Charges.

  • Minimum load: Rs 100/-
  • Deposit: Rs 200/-
  • Tag Price: 100/-

IDFC FASTag Website

[highlight color=”yellow”]IndusInd FASTag Fee & Charges[/highlight]

IndusInd is also offering FASTag RFID Tag for Vehicle Class 4, 5, 6, 7, 12, 16. Here are the charges for IndusInd FASTag Fee.

  • Joining Fee: Rs 100/-
  • Security fee is refundable.
  • There is no information for convenience charge (Recharge of FASTag Wallet).

IndusInd FASTag Website

[highlight color=”yellow”]Karur Vysya Bank FASTag Fee & Charges[/highlight]

KVB FASTag is offering RFID Tag with the following charges:

  • FASTag Tag Joining Fee – 100 including all applicable taxes
  • Convenience charges are applicable
Credit card1.10% of the transaction value *
Debit Card0.90% for transaction values above Rs.2000 *
Net banking0.90% to 1.65% of the transaction value *

Vehicle Class & Karur Vysya Bank FASTag is given below.

Vehicle ClassVehicle TypeTag ColorMinimum Recharge AmountRefundable Security DepositThreshold Limit (Minimum Balance To Be Maintained)
4Car / Jeep / Van/ Tata Ace and similar mini light commercial vehicleViolet200200100
5Light Commercial VehicleOrange200300150
6Three Axle Commercial VehiclesYellow500400300
7Bus/TruckGreen500400300
124 to 6 axlePink500500300
157 or More AxleBLUE500500300
16Heavy Construction Machinery (HCM)/Earth Moving Equipment (EME)Black500500300

Karur Vysya Bank FASTag Website

[highlight color=”yellow”]Kotak Mahindra Bank FASTag – Fee & Charges[/highlight]

Kotak Mahindra Bank is also offering you NECT FASTag.

  • Tag Joining Fee (One-time Fee): 100/- ( including all applicable taxes)
  • Reissuance (Re-Issue of RFID Tag) Fees: 100/- ( including all applicable taxes)
NPCI Vehicle ClassDescriptionTag ColorTag DepositThreshold amount
4Car / Jeep / VanViolet200200
4Tata Ace and Similar mini Light Commercial VehicleViolet200200
5Light Commercial vehicle 2-axleOrange300200
6Bus 3-axleYellow500300
6Truck 3-axleYellow500300
7Bus 2-axle / Mini-BusGreen400300
7Truck 2-axleGreen400300
12Tractor / Tractor with trailerPink500300
12Truck 4-axlePink500300
12Truck 5-axlePink500300
12Truck 6-axlePink500300
15Truck 7-axle and aboveBlue500300
16Earth Moving / Heavy Construction MachineryBlack500300

Kotak FASTag Website

[highlight color=”yellow”]Nagpur Nagarik Sahakari Bank FASTag – Fee & Charges[/highlight]

Nagpur Nagarik Sahakari Bank (NNSB) is one of the member of NECT (National Electronic Toll Collection) managed by NPCI (National Payments Corporation of India) as per guidelines from NHAI (National Highways Authority of India) and IHMCL (India Highway Management Company Limited).

Threshold Balance (Maximum of all NETC Members): The current account will have a minimum threshold balance of Rs.6,000/-. If the account balance falls below Rs.6000/- , the status of the all tags linked to the said account will be changed to low balance and auto-debit facility for all tags will be discontinued and the customer will have to pay toll amount in cash.

Joining Fee: Rs 100/-
Re-Issue of FASTag: Rs 100/-

Nagpur Nagarik Sahakari Bank FASTag Fee

NNSB FASTag Website

[highlight color=”yellow”]Paytm FASTag Fee & Charges[/highlight]

Joining TAG Fee: Rs 100/-

For PayTM FASTag Fee & Charges – You can visti https://paytm.com/fastag and Click on Book Now (Get the FASTag home delivery).

Vehicle ClassVehicle Type
4Car / Jeep / Van
4Tata Ace and Similar mini Light Commercial Vehicle
5Light Commercial vehicle 2-axle
6Bus 3-axle
6Truck 3-axle
7Bus 2-axle / Mini-Bus
7Truck 2-axle
12Tractor / Tractor with trailer
12Truck 4-axle
12Truck 5-axle
12Truck 6-axle
15Truck 7-axle and above
16Earth Moving / Heavy Construction Machinery

PayTM FASTag Website

[highlight color=”yellow”]Punjab and Maharashtra Co-op Bank (PMC FASTAg) – Charges & Fee[/highlight]

The Govt. of India, Economic Offences Wing (EOW) has conducted a raid on some of the official at PMC Bank. The FASTag services are on hold. So, you will not able to get the FASTag from PMC.  IF you have the FASTag, Please contact the customer care of PMC FASTag.

Page is under construction is showing on “PMC Bank FASTag”

PMC FASTag Website

[highlight color=”yellow”]PNB FASTag – Fee & Charges[/highlight]

Punjab National Bank is in the list of NETC Live Members, who is issuer and acquirer. Below is the PNB Fee & Charges of (New/ Replacement/ Security Fee & Joining FASTag RFID)

  • Security Fee: Rs 200/-
  • Threshold deposit: Rs 100/-
  • FASTag Issuance Fee: Rs 100/- (Joining Fee)

We have checked the website, PNB has only provided fee & charges information for VC Class-4: Car / Jeep / Van – Total Charges is Rs 400/-

PNB Customer Care || PNB FASTag Website

[highlight color=”yellow”]Saraswat Co-operative Bank FASTag – Fee & Charges[/highlight]

Saraswat Bank is also a live member of the National Electronic Toll Collection (NETC) developed by NPCI.

We have checked the website (Saraswat Bank), there is no information of “FASTag Fee & Charges”. You have to call customer care & ask.

Saraswat Bank FASTag Website

[highlight color=”yellow”]South Indian Bank – Fee & Charges[/highlight]

South India Bank (SIB) is a very popular option to have FASTag. It is also a live member of NETC. Below is the charges of FASTag Fee & Charges.

  • Tag issuance Fee: Rs 100/-

Following documents are required:

  1. Registration Certificate (RC) of the vehicle.
  2. Passport size photograph of the vehicle owner.
  3. KYC documents as per the category of the vehicle owner
    1. Valid ID proof
    2. Valid Address proof

Vehicle Type – Fee & Charges

Vehicle TypeSecurity Deposit* in INRThreshold amount in INR
Class 4 (Car/jeep/van/mini LCV)200100
Class 5(LCV)300140
Class 6 (3 Axle Bus)400300
Class 6 (3 Axle Truck)400300
Class 7 (2 axle Bus/truck/mini bus)400300
Class 12 (tractor/tractor with trailer)500300
Class 12 (4 to 6 Axle)500300
Class 15 (7 or more axle)500300
Class 16 (Heavy construction machinery/ Earth Moving equipment)500300

South Indian Bank FASTag Website

[highlight color=”yellow”]SBI FASTag – Fee & Charges[/highlight]

State Bank of India is very famous FASTag provider. It has a total 1,123 Point of Sale (FASTag) all over India.

Issuance fees of the Tag:– Rs. 100/- across all categories, including all applicable taxes
Security Fee: (Refundable) at the time of cancellation of RFID Tag.

Vehicle
Class No.
ParticularsSecurity
Amount
Minimum
Balance
4Car / Jeep / Van/ Tata Ace
and similar mini light commercial vehicle
200100
5Light Commercial Vehicle300140
6Three Axle Commercial Vehicles400300
7Bus/Truck400300
124 to 6 axle400300
157 or More Axle400300
16Heavy Construction Machinery
(HCM)/Earth Moving Equipment (EME)
400300

SBI FASTag Customer Care | SBI FASTag Website

[highlight color=”yellow”]Syndicate FASTag Fee & Charges[/highlight]

The Official website of Syndicate Bank is very slow/ not loading. But you can check fee & charges of FASTag at  https://old.syndicatebank.in/english/FeesCharges.aspx

Tag Joining Fee: Rs 100/-

NPCI Vehicle ClassDescriptionTag ColorTag Security DepositThreshold amount
4Car / Jeep / VanViolet150150
4Tata Ace and Similar mini Light Commercial VehicleViolet150150
5Light Commercial vehicle 2-axleOrange300150
6Bus 3-axleYellow400300
6Truck 3-axleYellow500300
7Bus 2-axle / Mini-BusGreen400300
7Truck 2-axleGreen400300
12Tractor / Tractor with trailerPink500300
12Truck 4-axlePink500300
12Truck 5-axlePink500300
12Truck 6-axlePink500300
15Truck 7-axle and aboveBlue500300
16Earth Moving / Heavy Construction MachineryBlack500300

Syndicate Bank FASTag Website

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