What Is The Minimum Amount For FASTag?

Which is the cheapest FASTag?

HDFC Bank – Rs 400: Rs 100 is the issuance fee.

Paytm – Rs 100: This seems to be the most generous deal to car owners.

ICICI Bank – Rs 500: The most expensive deal on this list.

SBI Bank- Rs 400 : This includes Rs 100 as issuance fee, Rs 200 as security deposit with a minimum balance of Rs 100..

Can I remove FASTag from car?

You cannot remove Fasttag once you stick it ,without damaging it.

What is threshold amount in FASTag?

3. Threshold Amount – The threshold amount is nothing but the minimum recharge amount applicable at the time of Tag activation. This amount will be fully available on your Tag account to pay for any toll charges immediately upon tag activation. The threshold amount depends on the vehicle class.

Is it mandatory to buy FASTag?

To ensure payment of user fee via electronic means and seamless movement of vehicles through toll plazas, FASTag has been made mandatory for four-wheelers from January 1, 2021. … New third-party vehicle insurance from April 1, 2021 will be issued only if the vehicle has a valid FASTag.

How much should I pay for a FASTag?

FASTag has a onetime Fee of Rs. 200.00. The refundable security deposit depends on the vehicle type.

Can we buy FASTag on toll plaza?

Besides Amazon, you can buy a FASTag from select branches of select banks like SBI, HDFC Bank, ICICI Bank, Axis Bank, etc and also through point-of-sale counters at national highway toll plazas. … After buying it, you need to activate it by entering details related to you and your vehicle in MY FASTag mobile app.

How can I get a free FASTag?

The government of India has introduced the FASTag system of toll collection across 527 national highways in the country. 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 gives FASTag?

List of all the banks that will issue a FASTagAxis Bank: 1800-419-8585.ICICI Bank: 1800-2100-104.IDFC Bank: 1800-266-9970.State Bank of India: 1800-11-0018.HDFC Bank: 1800-120-1243.Karur Vysya Bank: 1800-102-1916.EQUITAS Small Finance Bank: 1800-419-1996.PayTM Payments Bank Ltd: 1800-102-6480.More items…•

What happens to FASTag when I sell my car?

Why is closing a FASTag account important when you sell the car? In case you have sold or transferred your vehicle, you should get the FASTag deactivated/closed immediately as the Toll payment will continue to be deducted from the source account to which the FASTag is linked.

Which bank FASTag is best?

Best FasTag Service Provider?SBI. Votes: 1 10.0%ICICI Bank. Votes: 3 30.0%Axis Bank. Votes: 0 0.0%Paytm. Votes: 6 60.0%HDFC Bank. Votes: 0 0.0%Kotak Mahindra. Votes: 0 0.0%IDFC. Votes: 0 0.0%

Can I buy FASTag from bank?

FASTags are issued by 22 certified banks through various channels such as Point-of-Sale (POS) at National Highway toll plazas and select bank branches. They are also available on e-commerce platform such as Amazon.

Can I get FASTag without RC?

No until and unless you receive the RC card you cannot get a FASTag for a new car as the Registration number and scan copy of the RC is required.

Does FASTag balance expire?

As soon as the vehicle crosses the toll plaza, the toll fee will get deducted from the bank account/prepaid wallet linked to the FASTag affixed on the vehicle’s windscreen. … Moreover, these FASTags do not have any expiry date, that is, they can be used as long as they are readable at the toll plaza and are not tampered.

Can I get FASTag immediately?

FASTag can be purchased in a matter of few clicks on the Bank section of Airtel Thanks App. … FASTag is linked to a registered Airtel Payments Bank account or wallet to enable instant automatic deduction of toll charges. There is no need to recharge FASTag separately and bank/Wallet balance is good enough.

Which FASTag is better to buy?

If you have sbi saving account you can opt for sbi fastag. if you recharge sbi fastag with other banks ,they will charge extra. Paytm fastag is better in this view.

Can I change my 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.

What is minimum and maximum threshold in FASTag?

The minimum recharge amount for FASTag is Rs100 and maximum Rs1 lakh. Users will get SMS alerts for all their toll transactions at toll plazas. The tag has lifetime validity and is vehicle specific. Two-wheelers, autorickshaws and other small vehicles that do not have to pay toll presently do not require the FASTag.

Is FASTag free of cost?

Road users can visit any authorised point-of-sale location with a valid registration certificate (RC) of the vehicle and get an NHAI FASTag free of cost. … The government has rolled out the FASTag-based toll collection system across more than 527 national highways in the country.

What happens if you don’t have a FASTag tag?

Starting December 1, if you enter a FASTag-enabled lane without getting a FASTag active, you will be charged double the amount of toll fee and will have to pay by cash.

Where can I get FASTag immediately?

You can buy FASTags from branches or online services of banks including SBI, HDFC, ICICI, Bank of Baroda, Axis, City Union Bank. The FASTag is also being issued at the NHAI’s points of sale at all toll plazas, PayTM, e-commerce websites such as Amazon, and Road Transport Authority (RTA) offices.

Can I buy 2 FASTag for same car?

One person can purchase and use not more than two FASTag for one vehicle. In the case of using multiple tags, customers will be responsible for operational issues.