Punjab & Maharashtra Co-op Bank FASTag Charges

NHAI has rolled out program for Electronic Toll Collection on Toll Plazas on National Highways called "FASTag". Punjab & Maharashtra Co-op Bank offers FASTag to its customers to enjoy near non-stop movement of vehicles through toll plazas and the convenience of cashless payment of toll fee.

Features & Benefits of Punjab & Maharashtra Co-op Bank FASTag

  1. It has a validity of 5 Years
  2. No need to carry cash for the toll transactions, saves time
  3. Near non-stop movement of vehicles
  4. Lowers fuel expenses
  5. SMS alerts for toll transactions
  6. You can avail a cashback of 2.5% on all Toll payments using FASTag in 2019-20

Fees and Charges of Punjab & Maharashtra Co-op Bank FASTag

One-time Tag Deposit Amount (as per table below)

Vehicle TypeSecurity DepositThreshold AmountFASTag Issuance FeeTotal Cost
Tata Ace/ Car/ Van/ JeepRs.200Rs.200Rs.100Rs.400

Documents Required for Punjab & Maharashtra Co-op Bank FASTag

Customers are required to bring in the below mentioned original documents as well as a copy of it, to get the FASTag account created:

  • For Individual
    1. RC book of the vehicle
    2. Passport size photo of the vehicle owner
    3. PAN Card
    4. Customer Aadhaar Card(For non-CUB customers)
  • For Corporate
    1. RC book of the vehicle
    2. Passport size photo of the vehicle owner
    3. Corporate PAN card
    4. Authorised Signatory Aadhaar
    5. GST certificate or company incorporation certificate

How Does Punjab & Maharashtra Co-op Bank FASTag Work?

Following is the steps to know as to how does Punjab & Maharashtra Co-op Bank FASTag work.

  1. Affix the Punjab & Maharashtra Co-op Bank FASTag on the vehicle's windshield.
  2. Add money to your Punjab & Maharashtra Co-op Bank FASTag linked bank account.
  3. While crossing any National Highway toll plaza, pass from dedicated FASTag lane.
  4. Punjab & Maharashtra Co-op Bank FASTag will be automatically recognised by the RFID tag readers installed at toll plazas
  5. Tag reader at Toll Plaza will read your vehicle's FASTag
  6. Applicable toll fee will get deducted from the Punjab & Maharashtra Co-op Bank FASTag wallet account.
  7. The barrier will open after this payment
  8. You can cross through toll plaza without stopping for making cash payment and save your fuel and time as well.

How to Buy Punjab & Maharashtra Co-op Bank FASTag?

  1. Visit any of the Point of Sale (POS) locations/ Punjab & Maharashtra Co-op Bank branches
  2. Get your tag account created
  3. If you are not a customer of Punjab & Maharashtra Co-op Bank, you need to carry original as well as copy of your KYC document along with your vehicle at the POS/ Sales office location

How to Recharge of Punjab & Maharashtra Co-op Bank FASTag?

You can get FASTag recharged through cash/cheque. This facility is available in selected point of sales (POS) locations at Toll Plazas and Punjab & Maharashtra Co-op Bank branches. Outlined below is the step-by-step process of offline recharge of Punjab & Maharashtra Co-op Bank FASTag:

  1. You need to visit any of the Punjab & Maharashtra Co-op Bank branches or Point of Sales (POS) locations
  2. First of all you need to get your Punjab & Maharashtra Co-op Bank FASTag account created
  3. You can deposit cash or cheque of the amount which you want for recharging Punjab & Maharashtra Co-op Bank FASTag
  4. Then your Punjab & Maharashtra Co-op Bank FASTag linked wallet will be recharged with the same amount

Customer Care: Punjab & Maharashtra Co-op Bank FASTag

  • For Punjab & Maharashtra Co-op Bank FASTag queries or support, call the customer care number: 1800-223-993
  • If FASTag is not accepted at toll plaza, dial 1033
  • If there is an error in reading FASTag at toll plaza, dial 1033
  • If monthly pass is not accepted at toll plaza, dial 1033
  • For other toll plaza level complaints, dial 1033