FASTag is a toll payment tag that employs RFID technology to make toll payments straight from the account associated with it. It is attached to your vehicle’s windscreen and allows you to drive past toll plazas without having to stop for cash transactions. These tags, known as the ‘FASTag,’ will have dedicated lanes at Toll-Plazas known as the FASTag. It’s the best choice for a stress-free trip down national routes.
Saraswat Bank is a participant in the NPCI (National Payments Corporation of India)-managed National Electronic Toll Collection (NETC) initiative, which follows NHAI (National Highways Authority of India) and IHMCL criteria (India Highway Management Company Limited).
Charges & Validity of FASTag
- FASTag charges a one-time fee for tag issue, which does not include taxes. Retain a refundable security deposit with the bank, which varies with the car type. Details are in the ‘Fees & Charges’ section.
- All toll transactions must be handled via a current account that the consumer must create. The account will not receive a cheque book or a debit card. There will be an internet banking option available. Cash deposits, check deposits, NEFT/RTGS/IMPS, and other credit transactions to the account will be accepted.
- The current account must have a minimum balance of Rs.6,000/-, while the savings account must have a minimum value of Rs. 1,500/-.
- If the account balance goes below the threshold, the status of all tags associated with the account will be changed to low balance, and the auto-debit function for all tags will be disabled, forcing the client to pay the toll amount in cash.
- The auto-debit facility for all tags will be reinstated as soon as the account balance is recovered above the threshold required.
- The tag charges are as follows:
| Vehicle Class | Description | Vehicle Class Colour | Security Deposit per tag (Refundable) (Rs.) | Tag Issuance Charges. (Rs.) |
| VC4 | Car/Jeep/Van/Tata Ace and similar mini Light Commercial Vehicle | Violet | 200 | 100 |
| VC5 | LCV (Light Commercial Vehicle) | Orange | 300 | 100 |
| VC6 | Three Axle Commercial Vehicle/Bus | Yellow | 400 | 100 |
| VC7 | Bus/Truck 2 Axle | Green | 400 | 100 |
| VC12 | Truck/ Tractor 4 to 6 Axle | Pink | 500 | 100 |
| VC15 | Truck 7 or Multi Axle | Blue | 1000 | 100 |
| VC16 | arth Moving/ Heavy Construction Machinery | Black | 1000 | 100 |
How to Apply for Saraswat Bank FASTag
- For Online registration for Saraswat Bank FasTag, visit this link.
- Fill up the needed and mandatory sections with your personal and address information.
- Fill in the vehicle’s information. By viewing the files and clicking the submit button, you may upload the relevant papers indicated above in the fields.
- Download the Saraswat Bank FasTag Application Form
- Customers who are interested in applying offline can do so by phoning our customer service centre at 1800-266-9545, and our representatives will direct you to the nearest PoS facility.
Customers may then register an account by filling out an application form and submitting it to the concerned officials. FasTag can be used in two ways by the client.
This sort of Saraswat Bank FASTag account can only have Rs. 10,000/- in their FASTag (Prepaid) account at any given moment due to the limited KYC holder’s account. The reload limit is likewise set at Rs. 10,000/- per month. This sort of Saraswat Bank FASTag account cannot have more than Rs. 1 lakh in their FASTag (prepaid) account at any given moment. This account has no monthly reload limit.
Documents required for Saraswat Bank FASTag
- KYC documentation
- Registration Certificate (RC) of the vehicle
- Photo of the customer
- Pan Card
- Driving License
- Aadhaar Card or Voter ID or passport as a proof of Identification
What is the procedure for recharging Saraswat Bank FASTag?
- Login to the Saraswat Bank FASTag Portal using this link.
- Enter your registered mobile phone number, password, and captcha.
- To sign in, click the sign in button.
- By clicking on Recharge, you may select the Payment And Top-up option. The recharge amount might be as high as Rs.1 lakh.
- Select the appropriate payment method, fill in the required information, and then click “Make Payment.” FASTag will be quickly reloaded. Payments can be made using a Saraswat Bank credit/debit card or Saraswat Bank NetBanking account, as well as a credit/debit card or netbanking account from another bank.
Recharging Saraswat Bank FASTag through UPI
Use netc.VehicleNumber@BankUPIHandle
What is the FASTag Helpline Number for Saraswat Bank?
Customer can call Contact Center Toll Free Number 1800-266-9545.
MoRTH/NHAI/IHMCL has launched 1033 helpline number for addressing FASTAG complaints at toll plaza level. Customer can simply dial 1033 from Mobile/Landline
Benefits of using Saraswat Bank FASTag
- No more long queues at toll plazas
- Saves fuel and time
- No need to carry cash for toll charges
- SMS alerts for all toll transactions -balance, deduction, low balance, etc
- Ease of payment – FASTag removes the manual cash transactions at toll and thus saves time
- Ease of Tracking – You get regular SMS alerts each time any transactions are done using the FASTag.
How to disable a FASTag account in the event that the car is stolen?
You can call up bank’s customer care number and block your FASTag. You can request for issuing a new Tag which will be linked to your Tag linked account.