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THE
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2 mins Read | 3 Years Ago

Buy and recharge FASTag online

how-to-buy-recharge-FASTag-online-and-what-are-the-charges

Keep driving and continue your journey on the road uninterrupted, thanks to the FASTag programme. With this simple solution, toll collection has become easier and smoother. FASTag is a brilliant initiative by the Government that aims to significantly improve the speed and efficiency of toll collection.

The all-electronic FASTag facility employs the use of an electronic Radio Frequency Identification (RFID) tag attached to the windscreen of your vehicle. Whenever you drive through a toll plaza, the tag is scanned and the toll amount is automatically deducted from your account in a matter of seconds. This process is so quick that you don’t even need to stop completely at the toll booth.

How to apply for FASTag?

Given that the Government has mandated all toll plazas on national highways to make toll payments electronic, it’s essential that you get to know where and how you can apply for FASTag. To get your FASTag offline, you can visit a Point of Sale (POS) counter, which you’ll find at various toll booths, RTOs and petrol pumps, and register for it there.

Buying FASTag online with ICICI Bank

FASTag is currently also available online, through a number of banks and online retailers. ICICI Bank also offers you this facility. If you want to buy FASTag from ICICI Bank, there are two ways in which you can proceed.

FASTag purchase through fastag.org

  • Visit the official website of FASTag at www.fastag.org.
  • Click on ‘Apply Online.’
  • Select ICICI Bank from the list of banks selling FASTag.
  • Enter the details required and upload the relevant documents to get your registration started.

FASTag purchase through ICICI Bank’s website

  • Visit www.icicibank.com.
  • On the pop-up alert for FASTag, click on ‘Buy Now.’
  • Enter your personal information and the details regarding your vehicle. Then, upload the relevant documents to get started.

Recharging FASTag online

One of the many reasons why FASTag makes your life so easy is that it can be easily recharged online. You can recharge your FASTag using National Electronic Funds Transfer (NEFT), Real-Time Gross Settlement (RTGS), a Credit Card, or a Debit Card. Yes, it’s that versatile!

To recharge your FASTag online, simply visit the online portal of ICICI Bank’s FASTag facility and enter your login credentials. Then, in the ‘Recharge’ section, enter the amount for which you’d like to recharge. Pay this amount using any of the options mentioned above.

Your FASTag account can either be linked to your wallet or to your bank account. In case your FASTag account is directly linked to your bank account, the toll charges will be automatically deducted from the account. This way, you can even avoid regular recharges for your wallet.

FASTag charges

The FASTag facility from ICICI Bank is extremely economical. You can get your ICICI Bank FASTag for as little as ₹499 for your car, jeep, or van. The charges may vary according to the type of vehicle, the tags for which will be colour coded.

To get your FASTag, you only need to pay the tag joining fee, a security deposit for the tag and a minimum recharge amount for the tag, as follows.

Tag joining fee: ₹99.12 (inclusive of Goods and Services Tax (GST))

Refundable security deposit: ₹200

Minimum recharge: ₹200

For online recharges, a small convenience fee will also be applicable.

You can apply for FASTag here.

 

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The contents of this document are meant merely for information purposes. The information contained herein is subject to updation, completion, revision, verification and amendment and the same may change materially. The information provided herein is not intended for distribution to, or use by, any person in any jurisdiction where such distribution or use would (by reason of that person‘s nationality, residence or otherwise) be contrary to law or regulation or would subject lClCl Bank or its affiliates to any licensing or registration requirements. This document is not an offer, invitation or solicitation of any kind to buy or sell any security and is not intended to create any rights or obligations. Nothing in this document is intended to constitute legal, tax, securities or investment advice, or opinion regarding the appropriateness of any investment, or a solicitation for any product or service. Please obtain professional legal, tax and other investment advice before making any investment. Any investment decisions that may be made by you shall be at your sole discretion, independent analysis and at your own evaluation of the risks involved. The use of any information set out in this document is entirely at the recipient's own risk. The information set out in this document has been prepared by ICICI Bank based upon projections which have been determined in good faith by lClCl Bank and from sources deemed reliable. There can be no assurance that such projections will prove to be accurate. lClCl Bank does not accept any responsibility for any errors whether caused by negligence or otherwise or for any loss or damage incurred by anyone in reliance on anything set out in this document. The information set out in this document has been prepared by ICICI Bank based upon projections which have been determined in good faith and sources considered reliable by lClCl Bank. In preparing this document we have relied upon and assumed, without independent verification, the accuracy and completeness of all information available from public sources or which was provided to us or which was otherwise reviewed by us. Past performance cannot be a guide to future performance. 'lClCl ' and the 'I-man' logo are the trademarks and property of lCICl Bank. Misuse of any intellectual property, or any other content displayed herein is strictly prohibited.

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