PremiumIf you travel by road frequently or are plannng a road trip, you now need to have FASTag with you. With effect from 1 December, there shall be no collection of cash at Toll Plazas, instead FasTag will be used for the collection of the toll fee. FASTag is an electronic toll connection device attached to the windscreen of vehicle to enable drivers to drive through toll plazas without having to stop. FASTag uses radio frequency identification (RFID) technology to enable direct toll payments from a moving vehicle. The toll fare is directly deducted from the bank account linked to FASTag. It will not only encourage cashless payments at toll plaza, but also decongest national highways.
FASTag may be purchased from over 28,500 Point-of-Sale (PoS) terminals. It may be purchased online on Amazon and by visiting websites of different member banks such as SBI, ICICI Bank, Axis bank, Paytm Payment Banks, HDFC Bank, IDFC First Bank.
SBI FASTag can be recharged online through credit card, debit card, net banking and IMPS.
Here's how to get FASTag from State Bank of India (SBI)
According to the State Bank of India (SBI) website, fastag.onlinesbi.com, a customer can approach any SBI PoS location in the country, and with valid a know your customer (KYC) documents and vehicle registration (RC) copy along with the originals for verifications purposes, the customer can open his/her account in two categories:
1) Limited KYC holder’s account, at any given point of time, this type of SBI FASTag account cannot have more than ₹10,000 in their FASTag (Prepaid) account. The monthly reload limit is also capped to ₹10,000.
2) Full KYC Holders account, at any given point of time, this type of SBI FASTag account cannot have more than ₹1 Lakh in their FASTag (prepaid) account. There is no monthly reload cap in this account.
The required documents are (a) For limited KYC holder’s account- RC copy of the vehicle, ID and address proof, photo of the customer (b) For full KYC holders account- RC of the vehicle, ID and address proof, photo of the customer. For verification purposes, customers are required to carry all the originals.
Every time a balance is deducted from your SBI FASTag account, you will receive an SMS alert on your registered phone number.
SBIFASTag fee and charges
- ₹100 across all categories, including all applicable taxes Other Charges
- Security amount would be applicable as per the vehicle class and will be refunded to the customer at the time of closure of RFID Tag account.
-Minimum balance is the minimum recharge amount to be done at the time of RFID tag activation.
Car / Jeep / Van/ Tata Ace and similar mini light commercial vehicle
Security amount 200
Minimum balance 100
Light Commercial Vehicle
Security amount 300
Minimum balance140
Three Axle Commercial Vehicles
Security amount 400
Minimum balance 300
Bus/Truck
Security amount 400
Minimum balance 300
4 to 6 axle
Security amount 400
Minimum balance 300
7 or More Axle
Security amount 400
Minimum balance 300
Heavy Construction Machinery (HCM)/Earth Moving Equipment (EME)
Security amount 400
Minimum balance 300
