Saraswat Bank FASTag Charges
Saraswat Bank offers Saraswat Bank FASTag to its customers which is a cashless and convenient way of making toll payments. Saraswat Bank is one of the member banks in the National Electronic Toll Collection (NETC) program managed by NPCI (National Payments Corporation of India) as per guidelines from NHAI (National Highways Authority of India) and IHMCL (India Highway Management Company Limited).
Features & Benefits of Saraswat Bank FASTag
- Saves time and no need to stand in queues
- Saves fuel as there is no need to stop at toll plazas
- Auto debit facility from account, no need to recharge
- 2.5% cash back on national highway toll plaza transactions made using FASTag in the year 2019-20
- SMS alerts for all toll transactions -balance, deduction, low balance, etc.
How to Affix Saraswat Bank FASTag?
Given-below are the steps to affix Saraswat Bank FASTag:
- First of all, remove the adhesive liner from the Saraswat Bank FASTag sticker
- Stick the FASTag on top middle of the windshield (behind the rear view mirror), stick it from inside the vehicle
- Press it gently and apply the sticker on the windshield
Fees and Charges of Saraswat Bank FASTag
Tag Cost Rs. 100 (including GST)
One-time Tag Deposit Amount (as per table below)
| Description | Vehicle Class | Tag Colour | Security Deposit(Rs.) |
|---|---|---|---|
| Car/Jeep/Van/Tata Ace and similar mini Light Commercial Vehicle | VC4 | Violet | 200 |
| LCV (Light Commercial Vehicle) | VC5 | Orange | 300 |
| Three Axle Commercial Vehicle/Bus | VC6 | Yellow | 400 |
| Bus/Truck 2 Axle | VC7 | Green | 400 |
| Truck/ Tractor 4 to 6 Axle | VC12 | Pink | 500 |
| Truck 7 or Multi Axle | VC15 | Blue | 1000 |
| arth Moving/ Heavy Construction Machinery | VC16 | Black | 1000 |
Documents Required for Saraswat Bank FASTag
You need to submit the following documents along with the application for FASTag:
- Registration Certificate (RC) of the vehicle.
- Passport size photograph of the vehicle owner.
- KYC documents as per the category of the vehicle owner, for opening a bank account to be linked with the tag (as per below table):
| Individual | Public Ltd/Private Ltd/Partnership | Proprietor |
|---|---|---|
| ID proof and Address proof from the list mentioned, and 1 passport size photograph | Public Ltd./ Private Ltd./ Partnership | PAN Card of Proprietor |
| Driving License | Certificate of Incorporation/ Partnership Deed/Registration certificate of the firm | Address Proof of the Proprietor |
| PAN Card | PAN Card of the corporate | Shop Act or other Firm Proof |
| Passport | Photo ID of signing authority | Any other document if asked by the Bank |
| Voter ID Card | List of Directors with addresses/Name and addresses of Partners | - |
| Aadhaar Card (with Address) | Board Resolution (only for Public/Pvt Ltd Companies) | - |
How to Buy Saraswat Bank FASTag?
- To buy Saraswat Bank FASTag, you can visit your nearest Saraswat bank branch
- Carry the Vehicle Registration Certificate (RC Book) and passport size photo to the branch to provide you the tag at the earliest
- If you have a savings account with the Bank, you can link that account to the FASTag
- If you don't have a savings account with the Bank, ask for "Savings Account opening form"
- Fill up the "Savings Account opening form"
- Submit it along with KYC documents and get the account opened instantly
- Then you can link that account to the FASTag
Saraswat Bank FASTag Customer Care Number
If the issue still persists reach out to Saraswat Bank FASTag 24x7 Customer Care toll free number 1800-266-9545. You can also reach out to NHAI on their toll free number 1033 for resolving your issue.