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.

Month No. of Banks
Live on NETC
Tag
Issuance (In Nos.)
Volume (In Mn) Amount
(In Cr)
Oct 23 6371309 31.46 702.86
Sep-19 23 5998947 29.01 658.94
Aug-19 23 5717702 27.78 610.52

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 Class Description Security
Deposit (in Rs.)
Threshold
Amount (in Rs.)
4 Car / Jeep / Van / Tata Ace and Similar mini Light Commercial Vehicle 200 150
5 Light Commercial vehicle 2-axle 300 140
6 Bus– 3 axle 400 300
6 Truck – 3 axle 500 300
7 Bus 2 axle / Mini bus, Truck 2 axle 400 300
12 Tractor / Tractor with trailer, Truck 4, 5 & 6 -axle 500 300
15 Truck 7-axle and above 500 300
16 Earth Moving / Heavy Construction Machinery 500 300

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 Class Description Tag Deposit (Rs.) Refundable Threshold Amount (Rs.)
1 Two-wheeler 100.00 100.00
2 Three – Wheeler Passenger 350.00 150.00
3 Three-wheeler Freight 350.00 150.00
4 Car/Jeep/Van 200.00 100.00
5 Light Commercial vehicle 2-axle 300.00 140.00
6 Light Commercial vehicle 3-axle 300.00 140.00
7 Bus 2-axle 400.00 300.00
8 Bus 3-axle 400.00 300.00
9 Mini-Bus 400.00 300.00
10 Truck 2 – axle 400.00 300.00
11 Truck 3 – axle 500.00 300.00
12 Truck 4 – axle 500.00 300.00
13 Truck 5 – axle 500.00 300.00
14 Truck 6 – axle 500.00 300.00
15 Truck Multi axle ( 7 and above) 500.00 300.00
16 Earth Moving Machinery 500.00 300.00
17 Heavy Construction machinery 500.00 300.00
18 Tractor 500.00 300.00
19 Tractor with trailer 500.00 300.00
20 Tata Ace and Similar mini Light Commercial Vehicle 200.00 100.00

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 Class Description Tag Security Deposit
(Rs.) Refundable
Threshold
Amount (Rs.)
4 Car/Jeep/Van 200.00 200.00
5 Light Commercial vehicle 2-axle 300.00 140.00
7 Bus 2-axle 400.00 300.00
8 Bus 3-axle 400.00 300.00
9 Mini-Bus 400.00 300.00
10 Truck 2 – axle 400.00 300.00
11 Truck 3 – axle 500.00 300.00
12 Truck 4 – axle 500.00 300.00
13 Truck 5 – axle 500.00 300.00
14 Truck 6 – axle 500.00 300.00
15 Truck Multi axle ( 7 and above) 500.00 300.00
16 Earth Moving Machinery 500.00 300.00
17 Heavy Construction machinery 500.00 300.00
20 Tata Ace and Similar mini Light Commercial Vehicle 200.00 100.00

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 Type Tag Color Vehicle Class Security Deposit Initial/Min Load
1 Car / Jeep / Van/Small commercial vehicle Violet 4 200 200
2 Light Commercial Vehicle Orange 5 300 300
3 Three Axle Commercial Vehicles Yellow 6 300 300
4 Bus/Truck Green 7 400 400
5 4 to 6 axle Pink 12 400 400
6 7 or More Axle Blue 15 400 400
7 Heavy Construction Machinery (HCM)/Earth Moving Equipment (EME) Black 16 500 500

 

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 Class Vehicle Type Threshold Value
VC4 Car or SUV or MINI LCV 200
VC5 LCV 200
VC6 3 AXL Truck or Bus 300
VC7 Bus or Truck 300
VC12 4 to 6 AXL Truck or Bus 400
VC15 7 or More AXL Truck 500
VC16 HCM or EME like JCB 500

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 Card 1.10% of the transaction value
Debit Card 1% of the transaction value
Net Banking Rs. 8/-

Note: There is no refundable of the Security Deposit.

NPCI Vehicle Class Description Security Deposit (in Rs.) Threshold Amount (in Rs.)
4 Car / Jeep / Van / Tata Ace and Similar mini Light Commercial Vehicle 200 100
5 Light Commercial vehicle 2-axle 300 140
6 Bus– 3 axle 400 300
6 Truck – 3 axle 500 300
7 Bus 2 axle / Minibus, Truck 2 axle 400 300
12 Tractor / Tractor with trailer, Truck 4, 5 & 6 -axle 500 300
15 Truck 7-axle and above 500 300
16 Earth Moving / Heavy Construction Machinery 500 300

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 Options Convenience fee
ICICI Bank CIB and RIB Free
UPI Free
Debit Card 0.2% to 0.85% (basis the transaction value)*
Credit Card 1.8% of transaction value*
Internet Banking 1% 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
Cheque Free

TAG Fee & Charges by ICICI Bank.

Tag Class Description Tag Colour Tag Deposit Threshold amount
4 Car / Jeep / Van Violet 200 200
4 TATA Ace and similar mini Light Commercial Vehicle Violet 200 100
5 Light Commercial Vehicle / Mini Bus Orange 300 140
6 Bus 3 Axle Yellow 400 300
6 Truck 3 Axle Yellow 500 300
7 Bus 2 Axle / Truck 2 Axle Green 400 300
12 Tractor / Tractor with trailer / Truck 4/ 5/ 6 Axle Pink 500 300
15 Truck 7 Axle and above Blue 500 300
16 Earth Moving / Heavy Construction Machinery Black 500 300

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 card 1.10% of the transaction value *
Debit Card 0.90% for transaction values above Rs.2000 *
Net banking 0.90% to 1.65% of the transaction value *

Vehicle Class & Karur Vysya Bank FASTag is given below.

Vehicle Class Vehicle Type Tag Color Minimum Recharge Amount Refundable Security Deposit Threshold Limit (Minimum Balance To Be Maintained)
4 Car / Jeep / Van/ Tata Ace and similar mini light commercial vehicle Violet 200 200 100
5 Light Commercial Vehicle Orange 200 300 150
6 Three Axle Commercial Vehicles Yellow 500 400 300
7 Bus/Truck Green 500 400 300
12 4 to 6 axle Pink 500 500 300
15 7 or More Axle BLUE 500 500 300
16 Heavy Construction Machinery (HCM)/Earth Moving Equipment (EME) Black 500 500 300

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 Class Description Tag Color Tag Deposit Threshold amount
4 Car / Jeep / Van Violet 200 200
4 Tata Ace and Similar mini Light Commercial Vehicle Violet 200 200
5 Light Commercial vehicle 2-axle Orange 300 200
6 Bus 3-axle Yellow 500 300
6 Truck 3-axle Yellow 500 300
7 Bus 2-axle / Mini-Bus Green 400 300
7 Truck 2-axle Green 400 300
12 Tractor / Tractor with trailer Pink 500 300
12 Truck 4-axle Pink 500 300
12 Truck 5-axle Pink 500 300
12 Truck 6-axle Pink 500 300
15 Truck 7-axle and above Blue 500 300
16 Earth Moving / Heavy Construction Machinery Black 500 300

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 Class Vehicle Type
4 Car / Jeep / Van
4 Tata Ace and Similar mini Light Commercial Vehicle
5 Light Commercial vehicle 2-axle
6 Bus 3-axle
6 Truck 3-axle
7 Bus 2-axle / Mini-Bus
7 Truck 2-axle
12 Tractor / Tractor with trailer
12 Truck 4-axle
12 Truck 5-axle
12 Truck 6-axle
15 Truck 7-axle and above
16 Earth 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 Type Security Deposit* in INR Threshold amount in INR
Class 4 (Car/jeep/van/mini LCV) 200 100
Class 5(LCV) 300 140
Class 6 (3 Axle Bus) 400 300
Class 6 (3 Axle Truck) 400 300
Class 7 (2 axle Bus/truck/mini bus) 400 300
Class 12 (tractor/tractor with trailer) 500 300
Class 12 (4 to 6 Axle) 500 300
Class 15 (7 or more axle) 500 300
Class 16 (Heavy construction machinery/ Earth Moving equipment) 500 300

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.
Particulars Security
Amount
Minimum
Balance
4 Car / Jeep / Van/ Tata Ace
and similar mini light commercial vehicle
200 100
5 Light Commercial Vehicle 300 140
6 Three Axle Commercial Vehicles 400 300
7 Bus/Truck 400 300
12 4 to 6 axle 400 300
15 7 or More Axle 400 300
16 Heavy Construction Machinery
(HCM)/Earth Moving Equipment (EME)
400 300

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 Class Description Tag Color Tag Security Deposit Threshold amount
4 Car / Jeep / Van Violet 150 150
4 Tata Ace and Similar mini Light Commercial Vehicle Violet 150 150
5 Light Commercial vehicle 2-axle Orange 300 150
6 Bus 3-axle Yellow 400 300
6 Truck 3-axle Yellow 500 300
7 Bus 2-axle / Mini-Bus Green 400 300
7 Truck 2-axle Green 400 300
12 Tractor / Tractor with trailer Pink 500 300
12 Truck 4-axle Pink 500 300
12 Truck 5-axle Pink 500 300
12 Truck 6-axle Pink 500 300
15 Truck 7-axle and above Blue 500 300
16 Earth Moving / Heavy Construction Machinery Black 500 300

Syndicate Bank FASTag Website

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