Question: Which Bank FASTag Is Better?

What happens if I don’t buy FASTag?

Vehicles that enter the dedicated FASTag lanes on the national highways with non-activated FASTags or without enough money in the FASTag wallet will have to pay double the toll amount..

Is FASTag transferable?

FASTag is vehicle specific and once affixed, cannot be transferred. When you sell your vehicle, you can close your FASTag account related to that vehicle.

Can I buy FASTag if car is not on my name?

All required documents for NETC FASTag should be in the name of the owner of the vehicle. If car owner is not present at the time of application, driver will need to submit his photo ID proof.

Which bank is offering free FASTag?

National Highways Authority of India or NHAI, which is implementing the ambitious FASTag project, has ‘requested’ all banks to provide free FASTags for all users. This request has been made to ICICI Bank, HDFC, SBI, Kotak Mahindra and others.

Is FASTag mandatory?

FASTags will be mandatory for all vehicles with effect from January 1, 2021, in M and N categories of motor vehicles sold before December 1, 2017, the ministry of road transport and Highways clarified on Thursday adding that only a single hybrid lane will be functional at tolls for accepting cash till February 15.

What is the fastest way to get FASTag?

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.

Where can I get instant FASTag?

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. Here is how you can do it.

Can I remove FASTag from car?

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

Can we change 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.

How can I get a FASTag in one day?

How to get FASTag?Select the option of login.Click on first-time user and continue.Fill in your details.Make the payment.Have the card delivered to your doorstep.

Can I buy FASTag for my dad’s car?

Even if the vehicle is in someone else’s name , say your wife/husband/father/mother, he will register under your name for KYC and vehicle owner name as your wife/husband/father/mother. After he creates your fastag account, you will receive an OTP on your mobile number.

Which bank is best for 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 have 2 FASTag for one car?

You cannot use one FASTag with two or more vehicles, you will have to buy two separate FASTags for the two vehicles and so on. As per the IHMCL website, “If you reside within a range of 10 km from the toll plaza, you can avail a concession on toll to be paid via your FASTag.

Can I buy FASTag from bank?

b) Activate by visiting certified bank branch: You can also buy FASTag by visiting the nearest certified bank branch and get the FASTag linked with your existing bank account. S. No. At the time of activation, you need to submit the KYC (Know Your Customer) documentation as per the KYC policy of the bank.

How can I get a free FASTag?

Steps to Get FASTag for Free from Paytm App:On the Paytm App, select FASTag Option. After you have logged in, on the home page, select “FASTag & Toll” or “Get your Free FASTag now!”. … Select “Buy FASTag“ On the new page, click “Buy FASTag” .Fee Breakup:

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.

Is bank account necessary for FASTag?

FASTag can also be purchased online through e-commerce website Amazon and on Paytm. However, users must submit a copy of the vehicle’s Registration Certificate at the time of activating FASTag. KYC documents are not necessary for bank-neutral FASTags as they will be linked to an existing bank account.