Which FASTag is Best? Find 11 Best FASTag For Car

Looking for the best FASTag for car? Find the top 11 FASTag options for your car in 2024. Compare issuers, fees, and features for seamless toll payments on the road.

Best FASTag For Car
Photo Source: indusind.com

Tired of waiting in long toll booth queues? Say hello to FASTag, your gateway to a smoother and faster highway experience! But with so many FASTag providers offering various features and deals, choosing the best FASTag for car can feel overwhelming. Fear not, fellow driver! This article will simplify your FASTag journey, guiding you through key factors to consider and highlighting some popular options.


First things first:

  • What is FASTag? It’s a radio-frequency identification (RFID) tag affixed to your car’s windshield. As you zoom through toll plazas, the tag automatically deducts the toll fare, saving you time and fuel.
  • Why use FASTag? Besides convenience, FASTags offer discounts of up to 2.5% on tolls, promote cashless transactions, and come with online recharge options. Plus, they’re mandatory on national highways!

How to Choose The Best FASTag For Car

Now, let’s explore the key factors to consider when picking your perfect FASTag partner:

1. Provider:

  • Banks: State Bank of India (SBI), ICICI Bank, HDFC Bank, Axis Bank, and others offer FASTags. They provide secure transactions and may have special offers for their account holders.
  • Non-Banking Financial Companies (NBFCs): Paytm, Airtel Payments Bank, PhonePe, and Park+ are popular options. They often offer competitive pricing and user-friendly apps for recharge and tracking.

2. Cost:

  • Issuing Fee: This one-time charge covers FASTag issuance and processing. Look for offers or providers with waived fees.
  • Security Deposit: Some providers require a refundable deposit, while others don’t. Consider your budget and preference.
  • Recharge Options: Check for convenient recharge methods that suit you, like online portals, mobile apps, or physical points.

3. Features:

  • Multiple Vehicle Registration: This allows using one FASTag across multiple vehicles linked to your account.
  • Low Balance Alerts: Get notified when your balance dips below a set threshold to avoid toll booth hassles.
  • Transaction Statements: Access detailed records of your toll payments for easy expense management.
  • Customer Support: Opt for a provider with easily accessible and responsive customer support channels.

4. Discounts and Cashback:

  • Exclusive Offers: Compare providers for lucrative discounts on specific toll plazas or cashback offers on transactions.
  • Fuel & Other Benefits: Some FASTags offer additional benefits like fuel discounts or cashback at partner outlets.

Popular FASTag Providers

Once you have considered these factors, you can start to narrow down your choices for best FASTag for car. Here are a few of the most popular FASTag providers in India:

1. Park+ FASTag:

Park+ FASTag is a compelling option for car owners in India seeking a seamless and affordable way to manage toll payments, fuel purchases, and parking access. Unlike other platforms offering various options, Park+ currently only issues its own FASTag. It is an affordable option with zero security deposit, ideal for occasional users.

ProsCons
Park+ boasts the cheapest FASTag on the market making it attractive for budget-conscious drivers.While accepted at NHAI tolls and select locations, Park+ FASTag might not have the universally accepted network compared to some competitors.

Availability:

Visit the Park+ FASTag website (https://parkplus.io/fastag) or download the app to discover how it can simplify your driving experience.

2.State Bank of India (SBI) FASTag:

SBI FASTag, issued by the State Bank of India (SBI), is a popular choice for car owners in India seeking a reliable and convenient way to manage toll payments.

ProsCons
SBI FASTag is accepted at over 346 toll plazas across national highways in India, making it a reliable choice for frequent travelers.Unlike some competitors, SBI FASTag might not offer attractive cashback or loyalty programs. SBI FASTag app might not be as user-friendly

Availability:

3. ICICI FASTag:

ICICI Bank is one of the largest banks in India, and they also offer a FASTag service. ICICI FASTags are compatible with all toll booths in India, and they come with features such as low balance alerts, automatic recharge, and multi-vehicle support.

ProsCons
Wide network coverage, multiple recharge options, fuel surcharge waiver for ICICI Bank debit/credit card users.Requires an existing ICICI bank account for some features.

Availability:

4. HDFC FASTag:

HDFC Bank is another large bank in India that offers a FASTag service. HDFC FASTags are compatible with all toll booths in India, and they come with features such as low balance alerts, automatic recharge, and multi-vehicle support.

ProsCons
Multiple recharge options, including auto-debit from your HDFC account.Requires an existing HDFC bank account for some features. And it might not be the most economical option for non-HDFC customers.

Availability:

5. Axis FASTag:

Axis Bank is a large bank in India that offers a FASTag service. Axis FASTags are compatible with all toll booths in India, and they come with features such as low balance alerts, automatic recharge, and multi-vehicle support.

ProsCons
Fuel discounts at select partner pumps.Network coverage might be slightly less extensive compared to national players.

Availability:


6. Kotak FASTag:

Kotak Mahindra Bank is a large bank in India that offers a FASTag service. Kotak FASTags are compatible with all toll booths in India, and they come with features such as low balance alerts, automatic recharge, and multi-vehicle support.

ProsCons
Valid across NHAI tolls, partnered fuel stations, and select parking lots, offering good coverage.Compared to some competitors, Kotak FASTag might have slightly higher initial fees or recharge charges.

Availability:

7. Airtel FASTag:

Airtel FASTag caters to drivers seeking a feature-rich experience, especially Airtel customers who can leverage exclusive benefits and rewards. Consider the cost and minimum balance requirements before choosing a variant. For those looking for the absolute cheapest option, other issuers might offer lower prices.

ProsCons
Enjoy occasional cashback offers and rewards points on FASTag transactions through the Airtel Thanks program.While having a wide network, it might not be universally accepted compared to some other FASTag issuers.

Availability:

8. IDFC First Bank:

IDFC FIRST Bank’s FASTag, dubbed FIRSTForward, aims to streamline your toll, fuel, and parking payments with a quick, queue-free, and contactless experience, Offering a solution for a variety of your needs on the go.

ProsCons
3-in-1 Convenience: Pay for tolls, fuel (at select HPCL pumps), and parking (limited locations) with a single tag.Compared to major issuers like ICICI or HDFC, IDFC FIRST Bank’s network might be less extensive.

Availability:

9. Punjab National Bank (PNB):

PNB FASTag is a reliable and convenient option for drivers seeking a hassle-free toll payment experience. It offers wide network coverage, multiple purchase and management options, and is backed by a trusted bank. However, if you prioritize cashback or reward programs, other FASTag issuers might be worth exploring.

ProsCons
PNB FASTags are valid across all National Highways Authority of India (NHAI) toll plazas, ensuring seamless travel on major highways.PNB charges an activation fee for new FASTags, which might add to the initial cost compared to some competitors.

Availability:

10. Federal Bank:

Federal Bank FASTag is a reliable and user-friendly option for car owners seeking a secure and convenient way to manage toll payments. Its bank-backed security, ease of use, and occasional reward programs make it a strong contender.

ProsCons
5-year validity: Enjoy long-term use without needing frequent replacements.The initial issuance fee and minimum balance could be higher compared to some competitors.

Availability:

11. Paytm FASTag:

Paytm is one of the most popular FASTag providers in India. They offer a wide range of FASTags, including ones that are compatible with specific toll booths and highways. Paytm FASTags also come with features such as low balance alerts, automatic recharge, and multi-vehicle support.

But in recent news, the Reserve Bank of India (RBI) has issued directives to Paytm Payments Bank, which will halt new deposits and credit transactions starting February 29th, 2024. So, unfortunately, you cannot recharge your Paytm FASTag with Paytm Payments Bank or its wallet after February 29th. This effectively renders the tag unusable once the existing balance depletes. so stay updated on their website or app.

Remember, the “best” FASTag is subjective. Consider your individual needs and priorities to make the best choice.

Understand Your needs and Usage

Frequent Highway Travelers:

  • HDFC Bank Fastag: Has a big network, fair prices, and an easy app to use.
  • Axis Bank Fastag:  Just like HDFC, but you also get extra money back when you buy fuel from certain places.

Budget-Conscious Drivers:

  • Paytm Fastag: Well-known for great cashback deals and lots of special offers, which are great for drivers who like to save money.
  • Park+ Fastag: Provides one of the cheapest FASTags in India, emphasizing the use of prepaid wallets.

Tech-Savvy Users:

  • Paytm Fastag: Its easy connection with the Paytm wallet and simple app design make it a popular option.
  • ICICI Bank Fastag: Provides an app with toll expense tracking and real-time traffic updates, catering to data enthusiasts.

Important Tips:

  • Check for discounts and offers: Many issuers offer discounts on FASTag purchase or recharge during festive seasons or through partnerships.
  • Activate your FASTag promptly: Once you receive your FASTag, activate it online or through the issuer’s app to avoid delays.
  • Maintain sufficient balance: Ensure your FASTag account has enough balance to avoid toll plaza stoppages and potential penalties.
  • Download the issuer’s app: Most issuers have mobile apps for tracking transactions, managing balance, and troubleshooting issues.

Final Words: Choosing the Best FASTag For Car

Ultimately, the best FASTag for car depends on your individual needs and preferences. Consider your usage patterns, desired features, budget, and preferred customer service options. Research different issuers, compare their offerings, and choose the one that best aligns with your requirements.

Remember, FASTags are a convenient and time-saving solution for toll payments. By following these tips and choosing the right issuer, you can ensure a smooth and hassle-free toll plaza experience.

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Reference: automotivegyaan.in

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