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About Equitas Small Finance Bank FASTag
Equitas FASTag is the 1st Self-Service FASTag in India. The purchase process is completely online. It is simple to use and can be easily recharged through your Equitas account which enables automatic deduction of toll charges on national highways. You can cruise through the toll plaza without stopping for the cash transaction. It comes with many other benefits:
As mentioned earlier, the purchase process for Equitas FASTag is completely online. Applicants can visit the official website of Equitas Small Finance Bank and click on the SelfeFASTag link.
Equitas Small Finance Bank Official Website → On the Go → SelfeFASTag → Apply FASTag online
Existing customers can enter their account number to pre-fill the application form. New customers have to fill in their personal details and vehicle details to proceed with the application.
You are required to fill in your name, address, and ID proof document number. You will then be required to upload a scanned copy of your vehicle RC book to complete your application.
Documents required to apply for Equitas FASTag:
You need to submit the following documents along with the application for FASTag:
You may recharge your FASTag account through any digital payment methods. You can recharge online through any of the UPI apps, Debit Card, or through Net Banking. The TAG account can be recharged up to Rs.1,00,000, for KYC accounts and Rs. 10,000 for Non-KYC accounts.
You may also recharge your TAG account by paying cash at the Point of Sale (POS) locations near Toll Plazas and the branches of Equitas Small Finance Bank.
Users are also offered a complete waiver of payment gateway charges when they recharge Equitas FASTag balance through UPI. For recharge through UPI, please follow these steps:
For recharge through Net Banking, please follow these steps:
Tata Ace and Similar mini Light Commercial Vehicle
Light Commercial vehicle 2-axle/ minibus
Truck 7-axle and above
Earth Moving/ Heavy Construction Machine
FASTag is an easy-to-use, reloadable tag that helps you to automatically deduct toll charges from your connected bank account. FASTags are the most effective solution to remove congestion at toll plazas. It uses Radio Frequency Identification (RFID) technology to provide a contactless toll collection system at all National Toll Plazas. With an active FASTag affixed on your vehicle’s windscreen, you can cruise through toll plazas without stopping for cash transactions.
1. On which roads can I use the Equitas FASTag?
FASTag is presently operating at 665 toll plazas across national and state highways. More toll plazas will be brought under the FASTag program in the future.
2. Is there a special lane for FASTag users in toll plazas?
Yes, FASTag users can cruise through the FASTag lane labelled at every toll plaza.
3. Is there any convenience fee for using FASTag?
Presently there is no convenience fee for using FASTag for toll transactions. However, if the Bank revises the same, customers would be informed.
4. Is there any minimum or maximum value for FASTag recharge / top up?
Yes, the minimum recharge amount is Rs.100 and maximum is Rs.1,00,000 for KYC compliant customers and Rs.10,000 for Non-KYC customers.
5. How would I know if the correct user fee has been deducted from my FASTag account?
You will receive an SMS alert in your registered phone number each time a balance is deducted from your FASTag account.
6. Is there a validity period for the amount added to my FASTag wallet?
No, there is no “Use By” date for funds loaded into FASTag wallet. The amount loaded in the FASTag wallet can be used for toll transactions till you exhaust the entire amount in the wallet.
7. How can I link my FASTag to my Equitas Bank Account?
Customers can login to Equitas FASTag page using their username and password. In the Dashboard screen, there is an option to “Link to Equitas Bank Account. Click here”. By clicking on this link you will be allowed to link your FASTag with your Equitas Bank account.
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