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Corporate

To enable vehicles to zip through the toll plaza without waiting in any queue, Axis Bank has introduced the FASTag solution. FASTag is a cashless solution that auto-deducts the toll-plaza fees from the account which is linked to the tag. Being a cashless solution FASTag significantly reduces travel time for the drivers as they do not need to wait in long toll-fees queues and can pass through a lane dedicated for Fast tag users only.

The tag can be easily recharged through multiple e-payment modes such as Credit Card/ Debit Card and Internet Banking. Moreover, the tag has an SMS alert facility i.e. you will receive SMS every time your vehicle passes thru the toll-plaza using the tag and you will also get alerts for various other transactions such as low balance etc.

To apply for FASTag you will require:

Existing Customer:

  • Submit Registration Certificate (RC) of the vehicle
  • Payment of a one time fee of ₹200 plus taxes
  • Payment of Security Deposit as per vehicle type as per table given below
  • New Customer:

  • Submit Registration Certificate (RC) of the vehicle
  • Payment of a one time fee of ₹200 plus taxes
  • Payment of Security Deposit as per vehicle type as per table given below
  • Open a current account with Axis Bank which can be linked to the tag
  • One - time Tag Deposit amount (Refundable):

    Vehicle Class Description Tag Deposit (Rs.) Threshold Amount (Rs.)

    1

    Two wheeler

    100.00

    100.00

    2

    Three - Wheeler Passenger

    350.00

    150.00

    3

    Three - wheeler Freight

    350.00

    150.00

    4

    Car/Jeep/Van

    200.00

    100.00

    5

    Light Commercial vehicle 2-axle

    300.00

    140.00

    6

    Light Commercial vehicle 3-axle

    300.00

    140.00

    7

    Bus 2-axle

    400.00

    300.00

    8

    Bus 3-axle

    400.00

    300.00

    9

    Mini-Bus

    400.00

    300.00

    10

    Truck 2 - axle

    400.00

    300.00

    11

    Truck 3 - axle

    500.00

    300.00

    12

    Truck 4 - axle

    500.00

    300.00

    13

    Truck 5 - axle

    500.00

    300.00

    14

    Truck 6 - axle

    500.00

    300.00

    15

    Truck Multi axle ( 7 and above)

    500.00

    300.00

    16

    Earth Moving Machinery

    500.00

    300.00

    17

    Heavy Construction machinery

    500.00

    300.00

    18

    Tractor

    500.00

    300.00

    19

    Tractor with trailer

    500.00

    300.00

    20

    Tata Ace and Similar mini Light Commercial Vehicle

    200.00

    100.00