Punjab and Maharashtra Co-operative Bank FASTag

Fastag is a tag which enables efficient and automatic deduction of toll charges when you pass through toll plazas. This means that you do not have to stop to make cash transactions and look for change. The system makes use of a radio-frequency identification (RFID) technology. The tag is fixed on your vehicle's windscreen.

Fees and Charges of Punjab and Maharashtra Co-operative Bank FASTag

Components Amount (INR)
Entr fee for the tag (lump sum fee) Rs.95 (non-refundable)
Reissue fee Rs.95 (non-refundable)
NPCI Vehicle Division Security Deposit Minimum balance Description
4 Rs.200 Rs.100
  • Car
  • Jeep
  • Van
  • Tata S
  • Similar light commercial vehicles
5 Rs.300 Rs.170 Light commercial vehicle
4 Rs.400 Rs.300 Three axle commercial vehicle
4 Rs.400 Rs.300
  • Bus
  • Truck-2 axle
12 Rs.400 Rs.300
  • Truck
  • Tractor-4 to 6 axles
15 Rs.400 Rs.300 Truck-7 or more axles
14 Rs.400 Rs.300
  • Heavy Construction Work Machines (HCM)
  • Earth Moving Equipment (EME)

Documents Required to get a Punjab and Maharashtra Co-operative Bank FASTag

Public Limited/Private Limited/Partnership

  • Formation Certificate
  • Partnership Documents
  • Company Registration Certificate
  • Proprietor's PAN Card
  • List of Directors with Addresses
  • Names and Addresses of Partners
  • Vehicle Registration Certificate (RC).
  • Picture of the owner of the vehicle
  • Images of the vehicle

Proprietorship

  • Proprietor's PAN Card
  • Shop Act or any other proof of the firm
  • Vehicle Registration Certificate (RC).
  • Picture of the owner of the vehicle
  • Images of the vehicle

Individuals

  • Driving licence
  • PAN card
  • Passport
  • Voter's ID
  • Aadhaar card
  • 1 passport size picture
  • Vehicle Registration Certificate (RC).
  • Picture of the owner of the vehicle
  • Images of the vehicle

Punjab and Maharashtra Co-operative Bank FASTag FAQs

  1. Why should I get a FASTag?

    You do not have to worry about carrying the exact amount or look for change at toll plazas. You will get an SMS every time amount has been debited and it is linked to your bank account.

  2. On which roads can I use the FASTag?

    The Fastag operates on more than 408 toll plazas of national and state highways. You can check the list of all plazas in the 'Active Toll Plaza' section.

  3. How can I buy get the Fastag?

    You can easily open the FASTag account by visiting any branch of the bank. You can also contact the customer service of the bank on 1800223993. You can also send the SMS ‘FASTAG’ to 9773251313.

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