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 Dec 2020
Table of Contents
The FASTag System was introduced from November 2016. Here, we are sharing the statistics of total toll collection in Aug, Sept, Oct, Nov 2020. Till 31 October 2020, total of 2,02,06,215 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-20 | 27 | 20206215 | 122.36 | 2137.16 |
Sept-20 | 27 | 19404168 | 110.08 | 1940.60 |
Aug-20 | 26 | 18695199 | 96.83 | 1712.58 |
Guide of Buy FASTag
Before purchasing FASTag RFID Tag you must check the following features:-
- It should be reliable.
- 2.5% cashback for FY 2019-2020 on all National Toll payments using FASTag.
- Replacement fee should not be more
- Documents needed to apply for FASTag are Registration Certificate (RC) of the vehicle, Passport size photograph of the vehicle owner KYC documents.
- 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.
Airtel FASTag – Fee & Charges
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
Axis Bank FASTag – Fee & Security Charges
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
Bank of Baroda FASTag Fee & Charges
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
City Union Bank FASTag
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]
Equitas FASTag – Fee & Charges
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 |
Federal Bank FASTag Fee/ Security Charges
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 |
FINO Bank FASTag – Fee & Charges
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
HDFC FASTag Fee & Charges
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
ICICI FASTag – Free & Charges
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 |
|
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 |
IDFC FIRST Bank FASTag Fee & Charges
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/-
IndusInd FASTag Fee & Charges
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).
Vehicle Class | Description | Threshold (Wallet Recharge) Rs. | Security Deposit Refundable (Rs) |
---|---|---|---|
4 | Car/Jeep/Van (VC4) | 200.00 | 200.00 |
5 | Light Commercial vehicle 2-Axle (VC5) | 140.00 | 300.00 |
7 | Bus 2-Axle (VC7) | 300.00 | 400.00 |
6 | Bus 3-Axle (VC8) | 300.00 | 400.00 |
5 | Mini-Bus (VC9) | 140.00 | 300.00 |
7 | Truck -2 Axle (VC10) | 300.00 | 400.00 |
6 | Truck -3 Axle (VC11) | 300.00 | 500.00 |
12 | Truck -4 Axle (VC12) | 300.00 | 500.00 |
12 | Truck -5 Axle (VC13) | 300.00 | 500.00 |
12 | Truck -6 Axle (VC14) | 300.00 | 500.00 |
15 | Truck Multi Axle(7 and above) (VC15) | 300.00 | 500.00 |
16 | Earth Moving Machinery (VC16) | 300.00 | 500.00 |
16 | Heavy Construction Machinery (VC17) | 300.00 | 500.00 |
4 | Tata Ace and similar mini light Commercial vehicle (VC20) | 200.00 | 200.00 |
Karur Vysya Bank FASTag Fee & Charges
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
Kotak Mahindra Bank FASTag – Fee & Charges
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 |
Nagpur Nagarik Sahakari Bank FASTag – Fee & Charges
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/-
Paytm FASTag Fee & Charges
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 |
Punjab and Maharashtra Co-op Bank (PMC FASTAg) – Charges & Fee
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”
PNB FASTag – Fee & Charges
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
Saraswat Co-operative Bank FASTag – Fee & Charges
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.
South Indian Bank – Fee & Charges
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:
- Registration Certificate (RC) of the vehicle.
- Passport size photograph of the vehicle owner.
- KYC documents as per the category of the vehicle owner
- Valid ID proof
- 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
SBI FASTag – Fee & Charges
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
Syndicate FASTag Fee & Charges
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 |