Author
LoansJagat Team
Read Time
12 Min
30 Apr 2025
Indian Bank's FASTag service is designed to offer a convenient and efficient way to pay toll fees on national highways across India. The FASTag system is linked to a prepaid account or a savings/current account, allowing for automatic deduction of toll charges as vehicles pass through toll plazas. The ease of using the Indian Bank FASTag is reflected in the daily use of many individuals, especially those who travel frequently.
For example, Ravi Kumar, who commutes daily on a national highway. Ravi has a current account linked to his Indian Bank FASTag,
which he uses for paying tolls. Let's examine his expenses over a typical month to understand how the current account linked to the FASTag is beneficial.
Expense Type | Amount (₹) | Details |
Monthly Toll Charges | 1,500 | Average daily toll fee of ₹50 for 30 days |
FASTag Recharge | 2,000 | Monthly recharge to keep the FASTag balance sufficient |
Auto Top-Up Fee | 200 | Automatic top-up fee when the balance falls below ₹ 500 |
Current Account Benefit | - | Automatic deduction from the current account, saving time at tolls |
Ravi benefits from the integration of his current account with his FASTag because it eliminates the need to carry cash and makes it easier to track expenses. The automatic deduction ensures that he never faces delays due to insufficient balance, making his daily commute more efficient.
Indian Bank's FASTag is an advanced toll payment system that utilises Radio Frequency Identification (RFID) technology for seamless toll collection. The FASTag is a sticker attached to the vehicle’s windscreen and is linked to a prepaid wallet or a savings/current account. When the vehicle passes through a toll plaza equipped with RFID readers, the toll fee is automatically deducted from the linked account, eliminating the need for manual payment and reducing congestion at toll booths. This not only saves time but also offers a smooth and cashless travel experience.
Here is a table summarising the key features of the Indian Bank FASTag:
Feature | Description |
RFID Technology | Utilises Radio Frequency Identification for automatic toll payments. |
Cashless Transactions | Enables seamless, cashless payments at toll plazas. |
Account Linking | Links directly to a prepaid wallet or savings/current account for toll deductions. |
Nationwide Acceptance | Operational at over 750 toll plazas across national and state highways in India. |
Easy Recharge Options | Offers convenient online recharge methods through the bank's website or mobile app. |
Real-Time Notifications | Sends SMS alerts for each toll transaction, providing transparency and ease of tracking expenses. |
By using Indian Bank’s FASTag, vehicle owners can save valuable time, reduce fuel consumption, and enjoy a more convenient travel experience. The system is part of the government’s push for digital payments and aims to ease congestion at toll plazas, ensuring smoother traffic flow across India.
Indian Bank's FASTag is an electronic toll collection system that utilises Radio Frequency Identification (RFID) technology to enable seamless toll payments on national and state highways. By affixing the FASTag to your vehicle's windshield and linking it to your Indian Bank account, you can experience a hassle-free, cashless travel experience.
Feature | Description |
RFID Technology | Utilises Radio Frequency Identification for automatic toll payments. |
Cashless Transactions | Enables seamless, cashless payments at toll plazas. |
Account Linking | Links directly to a prepaid wallet or savings/current account for toll deductions. |
Nationwide Acceptance | Operational at over 750 toll plazas across national and state highways in India. |
Easy Recharge Options | Offers convenient online recharge methods through the bank's website or mobile app. |
Real-Time Notifications | Sends SMS alerts for each toll transaction, providing transparency and ease of tracking expenses. |
By adopting Indian Bank's FASTag, vehicle owners can enjoy a smooth and efficient travel experience, contributing to the broader goal of digitalisation in the country's payment systems.
Benefit | Description |
Time Savings | Reduces waiting time at toll booths, leading to faster commutes. |
Cost Efficiency | Minimises fuel consumption due to reduced idling at toll plazas. |
Enhanced Convenience | Eliminates the need for carrying cash, offering a seamless travel experience. |
Expense Tracking | Provides detailed SMS alerts for each transaction, aiding in easy expense monitoring. |
Support for Digital India | Aligns with the government's initiative to promote digital payments and reduce cash transactions. |
Online Process:
Fill out the application form:
Upload Required Documents:
Payment of Fees:
Tag Dispatch:
Offline Process:
To apply for an Indian Bank FASTag account, applicants are required to submit specific documents to ensure a smooth and efficient process. Below is a detailed table outlining the necessary documents:
Document Type | Description | ||
Vehicle Registration Certificate (RC) | A copy of the vehicle's registration certificate, which serves as proof of vehicle ownership. | ||
KYC Documents | One of the following valid identification documents: | ||
Aadhaar Card: Government-issued identification card with a unique Aadhaar number. Driving License: A valid driver's license issued by the appropriate authorities. PAN Card: Permanent Account Number card issued by the Income Tax Department. Passport: Valid passport issued by the government. Voter ID Card: An Electoral photo identity card issued by the Election Commission. | |||
Recent Passport-size Photograph | A recent colour photograph of the applicant, typically 2x2 inches in size, for identification purposes. |
Indian Bank's FASTag service facilitates seamless toll payments for its customers. Below is a table detailing the fees and charges associated with the Indian Bank FASTag, as per the bank's official sources:
Fee/Charge | Amount (₹) | Description |
FASTag Issuance Fee | 100 | One-time fee for issuing a new FASTag. This amount is refundable upon closure of the FASTag account. |
Minimum Initial Balance | 200 | A mandatory minimum balance is required in the FASTag account at the time of issuance. |
Auto Top-Up Facility | Available | Automatic recharge option for Indian Bank account holders to maintain a sufficient balance in the FASTag account. |
Replacement Fee for Lost/Damaged Tag | 100 | A fee is charged for replacing a lost or damaged FASTag. |
Wallet Limit (Per Month) | 50,000 | Maximum permissible wallet limit for toll transactions within a month. |
Maximum Wallet Balance | 100,000 | Upper limit of the wallet balance at any given time. |
Minimum Recharge Amount (Digital Channels) | 200 | Minimum amount required for recharging the FASTag through digital channels? |
Transaction SMS Alerts | Free | Complimentary SMS notifications for each toll transaction. |
Online Account Management | Free | No charges for managing the FASTag account online. |
Multiple Tag Management | Free | The facility to manage multiple FASTags under a single wallet at no additional cost. |
Activating your Indian Bank FASTag ensures seamless toll payments at national highways and expressways. Follow the steps below to activate your FASTag:
Note: Ensure that the mobile number registered with your FASTag matches the one linked to your Indian Bank account.
Activation via Branch Visit:
To ensure uninterrupted toll-free travel, it's essential to maintain a sufficient balance in your FASTag account. Indian Bank offers multiple convenient methods to recharge your FASTag:
1. Recharge via the Indian Bank Mobile Banking App:
2. Recharge via BBPS (Bharat Bill Payment System):
3. Branch Recharge:
4. Online recharge via website:
5. Mobile App Recharge:
To check your Indian Bank FASTag balance, you have several convenient options:
Indian Bank FASTag ensures seamless, cashless toll payments with quick online and offline application options. Activation is instant via the Indian Bank app or a branch visit, and users can easily recharge through mobile banking, online portals, or BBPS. Real-time SMS alerts and multiple balance-check methods ensure that users stay informed.
With a low issuance fee, auto top-up options, and free transaction alerts, Indian Bank FASTag is cost-effective and user-friendly. Strong customer support via toll-free numbers, email, and branch assistance ensures smooth issue resolution.
A must-have for frequent travellers, Indian Bank FASTag saves time, reduces congestion, and enhances toll payment efficiency.
1. Can I use my Indian Bank FASTag for multiple vehicles?
No, each FASTag is linked to a specific vehicle’s registration number. A separate FASTag is required for each vehicle.
2. What happens if my FASTag is not detected at a toll plaza?
If the FASTag reader fails to scan your tag, you may request a manual scan or pay the toll in cash. Ensure your tag is correctly placed on the windshield.
3. How do I transfer my FASTag balance if I sell my vehicle?
You must first close the existing FASTag account and request a refund. A new FASTag needs to be purchased for the new vehicle.
4. Does the Indian Bank FASTag work at private parking lots or fuel stations?
Some private parking facilities and fuel stations integrated with the NETC FASTag system accept payments via FASTag. Check with the specific service provider.
5. What should I do if my FASTag is damaged or unreadable?
Apply for a replacement FASTag through Indian Bank’s online portal or visit a branch. A replacement fee will be applicable.
6. Can I temporarily deactivate my FASTag?
Indian Bank does not allow temporary deactivation. However, you can close the tag permanently and apply for a new one later.
7. What happens if my FASTag wallet has an insufficient balance at a toll plaza?
If the wallet balance is low, the FASTag will not be processed. You may be asked to pay double the toll amount in cash as per NHAI guidelines.
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LoansJagat Team
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