What Is Minimum Balance In FASTag?

What is threshold amount in FASTag?

3.

Threshold Amount – The threshold amount is nothing but the minimum recharge amount applicable at the time of Tag activation.

This amount will be fully available on your Tag account to pay for any toll charges immediately upon tag activation.

The threshold amount depends on the vehicle class..

What is the minimum balance in SBI FASTag?

ChargesSr. No.Vehicle Class No.Minimum Balance141002514036300473003 more rows

Which bank FASTag is best?

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.

Is FASTag mandatory?

For National Permit vehicles, the fitment of FASTag has been mandated since October 1, 2019. A valid FASTag would be made compulsory for getting a new third-party insurance. This will come into force from April 1, 2021.

Can I buy 2 FASTag for same 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.

Which bank gives FASTag?

NETC FASTag Live MembersSr. No.Member BanksIssuer1Airtel Payments BankYes2Allahabad BankYes3AU Small Finance BankYes4Axis Bank LtdYes23 more rows

What is the minimum balance to be maintained in FASTag?

FASTag Charges One has to pay certain charges to get a FASTag for a vehicle. These charges include a security deposit ranging from ₹ 200- 400, according to SBI’s FASTag website – fastag.onlinesbi.com. A FASTag holder is also required to maintain a minimum balance of ₹ 100-300 in the FASTag account.

Does FASTag balance expire?

As soon as the vehicle crosses the toll plaza, the toll fee will get deducted from the bank account/prepaid wallet linked to the FASTag affixed on the vehicle’s windscreen. … Moreover, these FASTags do not have any expiry date, that is, they can be used as long as they are readable at the toll plaza and are not tampered.

How can I check my FASTag balance?

Those who have registered their mobile number with NHAI Prepaid Wallet can know the balance by giving a missed call at +91-8884333331. Users who have linked their FASTags to other prepaid wallets won’t be able to avail of this facility. The number is toll-free and the facility is available round the clock.

What happens if there is no balance in FASTag?

A threshold /minimum amount is maintained for our FASTag wallet and if the balance in your wallet goes below the assigned amount the tag account goes into Low balance. Due to low balance you would be unable to pass through the Toll Plaza using the FASTAG.

What is the minimum balance in Paytm FASTag?

Rs. 150250 is for security deposit and Rs. 150 is the minimum balance to be maintained (both of which stay with the user). In addition to this, Paytm FASTag buyers can get a free movie ticket as well.

Is FASTag free of cost?

Road users can visit any authorised point-of-sale location with a valid registration certificate (RC) of the vehicle and get an NHAI FASTag free of cost. … The government has rolled out the FASTag-based toll collection system across more than 527 national highways in the country.

What is minimum and maximum threshold in FASTag?

The minimum recharge amount for FASTag is Rs100 and maximum Rs1 lakh. Users will get SMS alerts for all their toll transactions at toll plazas. The tag has lifetime validity and is vehicle specific. Two-wheelers, autorickshaws and other small vehicles that do not have to pay toll presently do not require the FASTag.

What happens if you don’t have a FASTag balance?

Starting December 1, if you enter a FASTag-enabled lane without getting a FASTag active, you will be charged double the amount of toll fee and will have to pay by cash.

What is the minimum balance in HDFC FASTag?

There is no FASTag minimum balance that you have to maintain. However, the minimum recharge amount for FASTag wallet is Rs100. You can choose the amount for every recharge based on your convenience and travel.

Is Paytm FASTag is good?

My conclusion is paytm fastag is better than other bank fastags, because the payment is easy and the wallet amount will be deducted automatically in the toll gate and the balance amount can be used for any other online transaction. … 100/— on the instance of paytm.

Is SBI offering FASTag?

SBI FASTag is presently operational at 346+ toll plazas across National Highways. The system is inter-operable and the same SBI FASTag can be used across all toll plazas under the National Electronic Toll Collection (NETC) program….Browser update required.Browser NameSupported VersionChromeAbove 552 more rows

Where can I get SBI FASTag?

Full KYC information (ID and address proof, RC copy and a photograph. You can purchase SBI FASTag online through e-commerce websites such as Amazon.in, as well. The SBI FASTag is valid for three years. If you face any issue, you can call the customer care number (1800 11 0018) of the SBI FASTag system.