Due to the long queues of vehicles waiting to pay the toll on major highways in India, where the number of vehicles has grown significantly in recent years, a lot of time is lost when passing through them. However, since the government has launched a new device known as Fastag for paying toll tax, car owners are no longer required to wait at toll plazas to make toll payments.
Fastag uses RFID, or radio frequency identification technology, to automatically debit tolls from your account without you having to stop at a toll booth. Your car’s windscreen is where you’ll find Fastag. Your Fastag device is scanned by the toll plaza’s sensors as soon as you cross one, and the toll costs are then automatically deducted from your car.
Top Fastag Services In India
1. Paytm Fastag
One of the most popular mobile payment platforms in India Paytm offers a wide range of services to mobile customers. Some of these services include paying utility bills, DTH, movie ticket booking, flight booking, and recharging phones.
The ability to purchase Fastag is one latest addition to the extensive number of services offered by Paytm. You can now order a new Fastag for your four-wheeler vehicle from the convenience of your house, so to speak. We need a few things in order to apply for a Paytm Fastag. You must send your vehicle’s registration certificate, often known as an RC copy, together with passport-size photos and KYC paperwork. Fees for purchasing a Fastag from Paytm start at Rs. 500 and include the tag issuing fee, deposit, and required the first recharge. Depending on the vehicle, you may have to pay more when purchasing Fastag through Paytm. This is especially true for large and heavy cars.
2. ICICI Bank Fast
With its headquarters in Vadodara, ICICI Bank Limited is a global bank and provider of economic service providers in India. Through a range of channels of distribution and specialist divisions in the fields of investment banking, life, non-life insurance, venture capital, and wealth management, it provides a broad range of banking products and services for retail and corporate customers.
One of the institutions that provide Fastag issuing services is ICICI Bank. Owners of vehicles who want to buy Fastag from ICICI Bank can follow the instructions listed below. You must submit a few documents, depending on the class of the car for which you are seeking a Fastag from ICICI Bank.
Here are the steps to have ICICI bank fastag :
- Follow this link to access the ICICI Bank’s official Fastag portal: www.icicibank.com/fastag
- A new window will appear after you click the aforementioned link.
- Inside the top right-hand corner, you will find the option to “Apply Now.” Choose the “Fastag” option from the drop-down menu.
- A form that asks for all the necessary information will appear. Fill it out.
- You must now make a payment, and then the application for Fastag through ICICI bank will be processed and delivered to the specified location.
3. SBI Bank Fastag
State Bank of India (SBI) is a statutory organization for the financial sector and a worldwide public service bank with its headquarters in Mumbai, Maharashtra. The first and only Indian bank on the Fortune Global 500 list of the largest corporations in the world in 2020, SBI is the 43rd largest bank in the world and is rated 221st. With a 23 percent market share by assets and a 25 percent share of the entire loan and deposit market, it is a public sector bank and the biggest bank in India. With approximately 250,000 workers, it ranks as India’s fifth-largest employer.
The biggest bank in India and the top bank in terms of offering Fastag services in India is SBI. From the SBI online official website, you may buy SBI Fastag. SBI Bank has also developed a number of points of sales centers at numerous toll plazas across the nation for the convenience of vehicle owners. You can apply for a Fastag by providing the required documentation and receiving it right away from any SBI bank POS.
4. HDFC Bank Fastag
Indian financial and banking provider HDFC Bank Limited has its corporate office in Mumbai. As of April 2021, this was the largest bank in India by holdings and the tenth largest bank in the world by market capitalization. With a market value of $122.50 billion, it is the third-largest firm listed just on Indian stock exchanges. With little under 150,000 workers, it ranks as India’s fifteenth largest employer.
Within a few moments, one may register for Fastag online with HDFC bank. Like so many other significant Indian banks, HDFC Bank offers the choice to buy Fastag for your car. Fastag can be obtained from HDFC within 5-7 days of making an online application. Installing the Fastag on your car and using its services to pay tolls at any toll plaza in India is possible when you get it at your delivery location.
5. Axis Bank Fastag
All four-wheeler drivers in India must navigate a variety of national highways and Axis Bank Fastag is a tool that makes it easier to avoid the inconveniences of payment at toll booths. The owners of the vehicles can allow automatic toll collection from their Fastag accounts by charging their Fastag devices.
Prepaid accounts like Axis Bank Fastag require you to top them up when the amount becomes low. Keep in mind that you won’t be able to pay the toll if you don’t recharge your Fastag. The toll fees will be immediately debited from your Axis Bank Fastag account as soon as you approach a toll plaza. If you want to buy Fastag from Axis Bank, you can visit the branch that is most convenient for you or order it online from the bank’s main website. You must submit a number of documents, such as KYC records, proofs of identification, driving licenses, vehicle registration certificates, photographs, and more, in order to buy Fastag from Axis Bank online or offline.
6. Bank Of Baroda Fastag
Every four-wheeler automobile must have Fastag preinstalled on them starting on February 15, 2021, in order to pay the toll tax at toll booths. All cars must now use the fast lane when passing through the toll booths on the National Highways. Bank of Baroda (BOB) offers the Fastag for sale both offline and online.
For purchasing Fastag, BOB offers a variety of promotions and discounts to vehicle owners. Just need identification proof documents and the vehicle’s registration certificate to buy Fastag from the Bank of Baroda. When users already have a BOB account, the most you can do to buy the Fastag is the RC copy of the vehicle. A Fastag purchased from Bank of Baroda is good lasting five years after the purchase date.
7. Kotak Mahindra Fastag
Mumbai, India serves as the corporate headquarters for the Indian banking and financial firm Kotak Mahindra Bank Limited. The company provides a banking range of financial products services in the fields of financial planning, wealth management, health insurance, and financial advisory for corporate and retail consumers. As of November 2021, it is the third-largest private sector bank in India in terms of value and financial capitalization. As of February 2021, the bank has 1600 branches and 2519 ATMs.
Fastag was initially launched by the National Highways Authority of India at a few toll plazas in important cities, but it will be fully implemented from February 15, 2021. A fresh Fastag can now be bought from Kotak Mahindra Bank as well. At a number of toll plazas, transportation hubs, bank branches, gas stations, etc., Kotak Mahindra Bank has set up POS kiosks where Fastag can be purchased. New users can also obtain the Fastag online by visiting the Kotak Mahindra Bank’s official Fastag portal and following a few easy procedures. A security deposit fee of Rs. 150 and a one-time tag issuing fee of Rs. 100 are levied by Kotak Mahindra Bank, and these charges are set by NHAI for all institutions.
8. Union Bank Of India Fastag
One of the largest government-owned banks, Union Bank of India, often known as UBI, has more than 120 million customers. Fastag is a new service that UBI is offering to its consumers that is crucial. Vehicle owners have the option of purchasing Fastag from Union Bank of India’s Fastag web, smartphone apps, or manually through every bank branch.
You must pay to double toll tax at toll booths and wait in lengthy lines if you will not have a Fastag. To avoid paying two tolls and having to wait at toll plazas, Union Bank of India is offering the convenience of buying Fastag swiftly and conveniently. You must fill out an application form and provide copies of the necessary documentation in order to purchase Fastag from the Union Bank of India. You can link Fastag with your bank account, debit card, or credit card after purchasing it from Union Bank of India. You must refresh your Fastag for toll payments if it is not connected to an account balance.
9. Google Pay Fastag
Another significant online digital payment platform that offers the greatest Fastag services to car owners is Google Pay. At the moment, Google Pay only allows users to buy Fastag from ICICI bank. Therefore, Google Pay offers car owners the option to buy Fastag via its app and provides delivery service. A tag membership fee of Rs. 100, a refundable security fee of Rs. 250, and a minimum balance requirement of Rs. 150 are all charged by Google Pay.
You must first download the app from the Google Play store in order to create a Fastag with Google Pay. Open the app again after that, and then scroll down a bit. You will find the selection “ICICI Fastag” under the “Business & Bills area.” You will get the “Buy Fastag” option after selecting this option. You must now submit information such as your name, address, and vehicle number. You must then include the required KYC documents. Once you have verified your registered cellphone number and paid the applicable fees, your application for Fastag from Google Pay is complete.
10. PhonePe Fastag
In addition, PhonePe has established itself as the top mobile payment app and offers a wide range of services, including the ability to purchase and recharge Fastag. Like Google Pay, PhonePe currently only allows purchases of ICICI Bank Fastag. However, it’s possible that PhonePe will collaborate and facilitate the purchase of Fastag by other banks as well. You will also need to provide your personal identification documents in order to acquire Fastag from PhonePe in addition to Vehicle RC.
You may purchase Fastag from PhonePe by following the instructions below:
- Launch the PhonePe application on your smartphone.
You must select the ‘See All’ option under the Refill & Pay Bills section. - A selection of additional alternatives is displayed above the “Purchases” section’s “Buy Fastag” option.
- You must provide information like your vehicle’s registration number, PAN number, cellphone number, and personal information like name and address here.
- After filling out all the required fields, click “Continue.” Check your work before submitting it, and then pay using your preferred method of payment.
- Click on the submit button to finish the ICICI Bank Fastag application procedure using PhonePe after you have finished making your payment.