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Syndicate Bank FASTag Introduction

FASTag is an easy-to-use, re-loadable tag that helps you to automatically deduct toll charges from an e-wallet. FASTags were devised as a solution to remove congestion at toll plazas. It uses Radio Frequency Identification (RFID) technology to provide a contact-less toll collection system at all National Toll Plazas. FASTags allow for automatic deduction of the toll charges from a linked e-wallet, thus reducing cost & time for all vehicle users.

FASTags can be purchased from various outlets like Public sector banks, Commercial banks, and a few e-wallet apps. Syndicate Bank is a designated authority issuing FASTags to its customers and other applicants. Customers can conveniently apply for a Syndicate Bank FASTag at their nearest branches or online on their official website. Let us have a look at how to get your FASTag from Syndicate Bank and the various benefits of purchasing your FASTag from Syndicate Bank.

Benefits of Getting Your FASTag from Syndicate Bank

Syndicate Bank Fastag
  • Raftaar FASTag - FASTags offered by Syndicate Bank, a leading Government partner that has collaborated on various road transport projects. This FASTag is the latest offering in cooperation with NPCI, to give users the perfect solution for an easy, hassle-free ride on national highways and contribute to another nation-building purpose.
  • Easy Availability of FASTag: The large network of branches of Syndicate Bank makes FASTag readily available for applicants at the nearest Point of Sale locations which could be a retail shop, a mall or any of the Syndicate Bank’s acquired toll plazas. The Bank makes it convenient for you to avail the FASTag at a minimum of distance.
  • Bulk Upload facility: Corporates and fleet owners can use the bulk upload facility for FASTag issuance. They can easily register with a single file upload which can carry as many issuance requests as they want. This helps save time & also reduces the manual effort put by the customer while submitting multiple requests for TAG issuance.
  • Simple to use - The Raftaar FASTag is a simple, reloadable tag that enables automatic payment of toll charges and lets you pass through the toll plaza without stopping for the cash transaction.
  • Seamless movement - FASTag from Syndicate Bank allows the movement of cars almost seamlessly through tolls and provides cashless payments with interoperable, toll collection services.
  • Convenient Recharge - Syndicate Bank FASTag offers various rechargeable modes, online recharges, easy access to the toll wallet account and other benefits so that you can save more time.
  • Instant updates on SMS & Emails to keep you up to date with your account information
  • Online Web portal for clients: The Syndicate Bank portal provides customers and users with a holistic view of the TAG usage along with the latest account statements.
  • Dedicated Customer Care Helpdesk: Syndicate Bank has initiated a dedicated customer care helpdesk to ensure immediate support to users at any point of time.

How to Buy Syndicate Bank Raftaar Fastag?

Syndicate Bank Raftaar FASTag can be purchased from any of the branches of Syndicate Bank or the Bank’s sales offices. Alternatively, customers can also register for the FASTag online. Follow this path to register:

Home Services Eservices FASTag Buy Now

Applicants will need to carry the original as well as photocopy of the vehicle documents and their KYC documents to the POS / Sales office location. Following are the documents accepted for FASTag registration:

  • Registration certificate (RC) of the vehicle
  • Passport size photograph of the vehicle owner
  • KYC document as per category of the vehicle owner

Customers, whether individuals or Corporates, need to submit any one of the KYC documents as mentioned below:

Individual:

  • Driving License
  • PAN Card
  • Passport
  • Voter ID Card
  • Aadhaar Card (with address)

Corporates:

Public Ltd./ Private Ltd./ PartnershipProprietorship
  • Certificate of Incorporation/ Partnership Deed/Registration certificate of the firm
  • PAN Card of the corporate
  • Photo ID of signing authority
  • List of Directors with addresses/Name and addresses of Partners
  • PAN Card of Proprietor
  • Address Proof of the Proprietor
  • Shop Act or other Firm Proof

How to Recharge Syndicate Bank Fastag?

It is very simple to recharge your FASTag wallet through Syndicate Bank. Follow these steps to Self-Recharge the FASTag issued by Syndicate Bank.

  • Visit the Syndicate Bank FASTag page
  • Enter your registered Mobile Number
  • An OTP will be sent to the registered mobile number
  • This OTP will work as the Password for “FASTag Customer Portal”
  • Login to customer portal and click on Reload/Recharge tab at top
  • Enter the amount you want to add to the wallet and choose the payment method. You can either choose “Internet Banking” or “Payment Gateway”
  • Click Submit and you will be redirected to the payment page to complete payment
  • If you are a Syndicate Bank customer, you will be taken to the Syndicate Bank Internet Banking page or Billdesk Payment page will open for accepting payment through any other bank.
  • Upon successful recharge, an acknowledgement message will be sent on registered mobile number.

Syndicate Bank Fastag Fees & Charges

Charges applicable on FASTagAmount (INR)
Tag Joining FeeRs 100 inclusive of GST
NPCI Vehicle ClassDescriptionTag ColorTag Security DepositThreshold amount

4

Car / Jeep / Van

Violet

150

150

4

Tata Ace and Similar mini Light Commercial Vehicle

Violet

150

150

5

Light Commercial vehicle 2-axle

Orange

300

150

6

Bus 3-axle

Yellow

400

300

6

Truck 3-axle

Yellow

500

300

7

Bus 2-axle / Mini-Bus

Green

400

300

7

Truck 2-axle

Green

400

300

12

Tractor / Tractor with trailer

Pink

500

300

12

Truck 4-axle

Pink

500

300

12

Truck 5-axle

Pink

500

300

12

Truck 6-axle

Pink

500

300

15

Truck 7-axle and above

Blue

500

300

16

Earth Moving / Heavy Construction Machinery

Black

500

300

Points to remember: 

  • Applicable GST shall be added to the aforementioned charges
  • Convenience fee is applicable for online recharges
  • Threshold amount is the minimum recharge amount to be done at the time of tag activation
  • Threshold amount to be maintained at all times. Recharge can be done with a minimum of Rs 100 at any point of time for any class of vehicle.
  • Refundable Tag Deposit would be refunded only to KYC customers at the time of FASTag account closure.
  • Toll amount will be deducted as per the applicable amount, depending on the vehicle class and the toll plaza.
  • Charges mentioned above are subject to change.

Syndicate Bank FASTag FAQs:

1. I have two vehicles, can I use the same FASTag for both vehicles?

No, you will need to buy two separate FASTags for each vehicle.

2. Is there a dedicated lane at the toll plaza for FASTag vehicles?

Yes, there are separate lanes demarcated for FASTag users to allow for quick movement of vehicles.

3. Which are the roads where the tag can be used?

FASTag is presently operational at 400+ toll plazas across national highways. The system is inter-operable and the same FASTag can be used across all toll plazas under the National Electronic Toll Collection (NETC) program. Planning is underway to include more toll plazas under the ambit of FASTag.

4. How would I know that the correct user fee has been deducted from my FASTag account?

As soon as the toll amount is deducted from your FASTag wallet, you will receive an SMS alert on your registered phone number. You can verify this message to make sure that the right amount is deducted from your account.

5. How can I recharge my tag account?

Syndicate Bank makes it simple and quick to recharge your tag linked account. You can use various channels such as payment through Cheque, Credit Card or Debit Card or through Net Banking. There are plans to include NEFT/ RTGS shortly.

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