FASTag is a digital toll tag that works on Radio Frequency Identification (RFID) technology and enables you to make cashless toll payments on highways. The tag is linked to your prepaid account and will be affixed on your vehicle’s windshield. The tag reader present at the toll plaza will scan the FASTag as the vehicle passes by and the toll amount will get deducted from your prepaid account automatically. You will receive an SMS alert for every transaction you make with your tag. Using FASTag makes the toll payment process smooth and quick without you having to wait in long lines.
Today various banks in India are offering the FASTag facility including Paul Merchants Bank. If you are a customer of Paul Merchants Bank, then you can avail yourself of the FASTag facility provided by the bank.
Some of the benefits of using Paul Merchants FASTag facility are:
Given below is the list of documents you will have to submit in order to apply for FASTag:
You need to pay the following fees and charges for the Paul Merchants FASTag:
|Type of Vehicle||Minimum load (Rs)||Security Deposit (Rs)|
|Tata Ace and similar mini light commercial vehicle||200||200|
|Light commercial vehicle||150||300|
|Mini bus (VC9)||150||300|
|Light commercial vehicle 3-axle (VC6)||300||400|
|4-to 6-axle vehicle||300||500|
|7 or 7+ axle vehicle||300||500|
|Bus 2-axle (VC7)||300||400|
|Earth Moving Equipment/Heavy Construction Machinery||300||500|
Note: GST and convenience fee is applicable on online recharge
You need to take care of the following points while affixing FASTag on your vehicle:
|To paste FASTag, remove the adhesive liner present on the tag.||Do not try to remove or reposition the FASTag once pasted on the vehicle.|
|Paste the sticker on the top middle of the vehicle’s windshield from inside.||Do not paste the FASTag if the surface is wet or dirty.|
|Press the FASTag gently after pasting.||Do not use any additional adhesive to paste the FASTag.|
No, the same FASTag cannot be used for multiple vehicles. You have to use separate FASTags for separate vehicles.
The Paul Merchants FASTag is valid for a period of 5 years. Once you buy it, you will have to recharge or top-up the tag according to your requirements.
Yes, FASTag lanes are separate in all toll plazas which are enabled with FASTag. In these toll plazas, the lanes are separated to allow quicker passage through the toll gates.
In case you lose your Paul Merchants FASTag, you need to get in touch with the bank immediately through their customer care service and block the previous FASTag. If you have any remaining balance on the card, the same will be refunded to your new card once it is issued.
You need to repost the issue immediately on Paul Merchant’s customer care number 18001371333; customer support will review your request and take the required action.
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