FASTag Charges Explained: What different banks charge you

Ankur Gupta

Feb 27,2024

What is FASTag

FASTag is an electronic toll collection system that allows you to pay tolls on the go without having to stop and pay cash.

Before you get started, there are a few charges you need to be aware of:

Joining fee charges, security deposit, and threshold or minimum amount

Here's a breakdown of FASTag charges from some top issuers (as of February 24, 2024):

HDFC Bank

Joining fee:  Rs. 100 (inclusive of taxes) Security Deposit: Rs. 100 (for cars, jeeps, vans, etc.)

ICICI Bank

Joining fee: Rs. 99.12 (inclusive of GST) Security Deposit: Rs. 200 (for cars, jeeps, vans, etc.)

Stae Bank of India

No tag fees or security deposits for specified vehicles. Minimum balance requirement: Rs. 200

Axis Bank

No issuance fee Re-issuance fee: Rs. 100 (inclusive of taxes) Security Deposit: Rs. 200 (for cars, jeeps, vans, etc.)

Bank of Baroda

One-time fee: Rs. 150 with GST Security Deposit: Rs. 200 (for cars, jeeps, vans, etc.)

Canara Bank

Issuance fee: Rs. 100 Security Deposit: Rs. 200 Threshold Amount: Rs. 100

IDBI BANK

Re-issuance fee: Rs. 100 (inclusive of taxes) Security Deposit: Rs. 200

IndusInd Bank

Joining fee: Rs. 100 Reissuance fee: Rs. 100 Security Deposit: Rs. 200 Threshold Amount: Rs. 200

Punjab National Bank

Security Deposit: Rs. 200 Threshold Amount: Rs. 100 Replacement fee: Rs. 100

Airtel Payments Bank

One-time fee: Rs. 100 Joining fee: Rs. 99.99 (inclusive of taxes) Re-issuance fee: Rs. 99.99 (inclusive of taxes) Security Deposit: Rs. 150 (for cars, jeeps, vans, etc.)

Paytm

Issuance fee: Rs. 100 (inclusive of GST) Reissuance fee: Rs. 100 (inclusive of GST) Security Balance: Rs. 250