FASTag Agent Registration

Benefits of Becoming a FASTag Agent

• Get IDFC First Bank Login Access to Web Application & App.
• Sell FASTag’s to Vehicle Dealerships, New Vehicle Owners, Existing Vehicle Owners.
• Replace Old FASTags’s.
• Earn a Good Commision on Every FASTag Sales.
• Track Your Customer FASTag Activity.
• As a FASTag franchisee or FASTag seva kendra, you will earn a commission on every sale or recharge of FASTag accounts.

It is important to check with the FASTag issuer bank or agency for their commission structure and other incentives before applying to become a FASTag agent. You will receive a FASTag agent commission as a FASTag franchisee or FASTag seva kendra on each sale or FASTag account recharge.

FASTag Vehicle Classification

FASTag vehicle classification is based on the number of axles a vehicle has. The toll charges for each vehicle type are calculated based on the number of axles and the distance traveled on the toll road.

The toll charges for each category of vehicle are different, with Category 1 vehicles being charged the lowest and Category 6 vehicles being charged the highest. We abide by the rules and criteria established by the National Payments Corporation of India as a licenced FASTag service provider. It is important to ensure that the correct vehicle category is selected while purchasing a FASTag and while passing through a toll plaza to avoid incorrect toll charges.

FASTag Fees & Charges

FASTag fees and charges vary depending on the issuing bank or agency. Some of the common fees and charges associated with FASTag are:

• 1 Issuance Fee / FASTag registration: This is a one-time fee charged by the issuing bank or agency to issue a FASTag. The fee ranges from Rs. 100 to Rs. 300, depending on the bank or agency.
• 2 Security Deposit : ome banks or agencies may require a security deposit to be paid at the time of FASTag issuance. This deposit is refundable and ranges from Rs. 200 to Rs. 400.
• 3 Recharge Fee : Some banks or agencies may charge a fee for recharging the FASTag account. This fee is usually a percentage of the recharge amount and ranges from 0.5% to 1%.
• 4 Transaction Fee : Each time a FASTag is used to pay toll charges, a transaction fee is charged. This fee varies depending on the issuing bank or agency and ranges from Rs. 0.10 to Rs. 1.50 per transaction.
• 5 Annual Maintenance Fee : Some banks or agencies may charge an annual maintenance fee for the FASTag. This fee ranges from Rs. 100 to Rs. 200.

It is important to check the fees and charges associated with your FASTag issuer before applying for a FASTag or recharging your account.

Agent commissions on FASTag

The commission you can earn as a FASTag Agent registration varies depending on the issuer bank or agency. Usually, Agent gets commision on issuing a new fastag and when recharge or topup is done on the fastag. Agents get a very high commision of Upto Rs.125 per FASTag issued. The commission on recharge or topup ranges from 0.25% to 1% of the transaction amount.

In addition to the transaction commission, some banks or agencies may also offer other incentives and bonuses to their agents based on their performance. These could include volume-based incentives or rewards for meeting targets.

It is important to check with the FASTag issuer bank or agency for their FASTag agent commission structure and other incentives before applying to become a FASTag agent.

Issuing and Recharging FASTag

FASTags are issued by banks and IDFC First Bank is one of them. Fastag can be linked to the user's account, such as a savings account or an e-wallet, for automatic payment of toll charges. The user can create a prepaid account through IDFC First Bank in India. The user can link their FASTag to their existing bank account, or they can create a separate wallet account for it. FASTag Agent registration is something we provide in India. We can streamline your franchise registration procedure and provide a smooth onboarding process as a FASTag agency.

The prepaid account linked to the FASTag can be recharged using various payment modes, including debit card, credit card, wallet apps, net banking, and UPI. The user can also check their account balance and transaction history through the IDFC Bank app or by logging into their bank account. Additionally, the option of setting up automatic recharge for the FASTag account when the balance falls below a certain threshold can be done.

Documents required for FASTag agency

The specific documents required to create a FASTag Agent ID for a FASTag agency partnership may depend on the bank or agency you are applying to for FASTag Dealership. Here is a list of common documents that must be required:

• 1 PAN Card : A copy of your PAN (Permanent Account Number) card is generally required to verify your identity.
• 2 Aadhaar Card : A copy of your Aadhaar card may be required to verify your identity and address.
• 3 Business Registration Certificate : If you are a registered business entity, you may need to provide a copy of your business IRCTC agent registration form.
• 4 Bank Statement : A copy of your bank statement may be required to verify your financial status and transactions. On every sale or recharge of FASTag accounts, as a FASTag franchisee or FASTag seva kendra, you would receive a FASTag agent commission.
• 5 Address Proof : You may need to provide a copy of a utility bill or rental agreement to verify your address.
• 6 Photograph : You may need to provide a copy of a recent passport size photograph matching with your Proof of Address & Proof of identity.
• 7 Mobile & Email ID: : You may need to provide a Mobile Number and Email ID for Various Communications to be sent by SiOnline or the Bank. FASTag agent commission.

It is always recommended to check with the specific bank or agency (FASTag seva kendra) you are applying to for a complete list of required documents. We follow the rules and specifications established by the National Payments Corporation of India as an accredited FASTag service provider. You may also need to fulfill some eligibility criteria such as having a minimum net worth, experience in the banking or financial sector, and other requirements as per the bank or agency's policies.

FASTag Activation Process

Below are the steps to apply for FASTag and you need to follow these Activation Process:

• 1Purchase a FASTag from any of the issuer banks authorized Point of Sale (POS) (FASTag upbhokta seva kendra) locations.
• 2While purchasing the FASTag, submit the required documents such as IRCTC agent registration form, KYC documents, and a passport-sized photograph.
• 3After submitting the required documents, the issuer bank will link the FASTag to your prepaid account.
• 4The issuer bank will provide you with the activation code for the FASTag.
• 5Affix the FASTag on the windshield of your vehicle from the inside.
• 6To activate the FASTag, call the issuer bank's customer care number or use their online FASTag registration portal or mobile app.
• 7Provide the required details such as the FASTag number, vehicle registration number, and the activation code. For registration as a FASTag Agent in India, contact us. As a FASTag Agent registration, we can streamline the franchise registration process and provide an easy onboarding procedure.
• 8Once the details are verified, your FASTag will be activated and ready to use.
• 9Ensure that you have sufficient balance in your prepaid account linked to the FASTag for hassle-free toll payment.

It is always recommended to check with the specific bank or agency (FASTag seva kendra) you are applying to for a complete list of required documents. A copy of your business's IRCTC agent registration form may be required if you are a registered business entity. You may also need to fulfill some eligibility criteria such as having a minimum net worth, experience in the banking or financial sector, and other requirements as per the bank or agency's policies.

How to recharge a FASTag account ?

Follow the steps below to recharge your FASTag account:

• Log in to the FASTag portal or mobile app of your issuer bank.
• Select the "Recharge" or "Top-Up" option from the menu.
• Enter the amount you want to recharge in your FASTag account.
• Choose the payment mode such as debit card, credit card, net banking, UPI, or wallet app, as provided by your issuer bank.
• Enter the required details of your selected payment mode and complete the transaction.
• Once the payment is successful, the recharge amount will be added to your FASTag account.
• You can also check your account balance and transaction history on the FASTag portal or mobile app.

Note: The process of recharging a FASTag account may vary slightly depending on the issuer bank or the payment mode selected by the user. However, the basic steps remain the same., Alternatively you can also recharge your IDFC First Bank Fastag through Prepaid Wallets like PayTM, Gpay, Phonepe, ETC

Popular issuer banks for FASTag in India are:

There is no difference in terms of types of FASTag as all the FASTags are based on the same technology and operate in the same way. However, there are multiple banks and agencies that provide FASTags in India. These banks may differ in their fee structure, recharge options, customer support, and additional features offered with the FASTag.

• 1State Bank of India (SBI)
• 2ICICI Bank
• 3HDFC Bank
• 4Axis Bank
• 5IDFC First Bank
• 6Kotak Mahindra Bank
• 7Punjab National Bank
• 8Bank of Baroda
• 9Canara Bank
• 10Federal Bank

It is important to note that all FASTags can be used on any toll plaza across India. It is recommended to compare the features and benefits offered by different issuer banks before applying for your FASTag.

How to Login IDFC First Bank FASTag Agent ID ?

To login to the FASTag agent ID, follow the steps below:

• Visit the FASTag login page of the IDFC First.
• Enter your user ID and password, which you would have received from the bank or the NPCI when you registered as a FASTag agent.
• Once you enter the user ID and password, click on the "Login" button.
• If the user ID and password are correct, you will be logged into your FASTag agent ID.
• After logging in, you can access various features and functionalities of the FASTag system, such as registering new customers, updating customer information, recharging customer accounts, and generating reports. The IRCTC agent registration form for your business may be required if you are a registered business organisation.

Benefits of Using FASTag

FASTag offers several benefits to users, toll operators, and the government. Here are some of them:

Benefits for Users:

• 1 Time-saving : With FASTag, users can pay toll charges without stopping at toll plazas, which saves time and reduces travel time. Users can check their account balance and transaction history online, as well as recharge their FASTag online registration using a variety of payment methods.
• 2 Convenience : FASTag eliminates the need to carry cash and wait in long queues at toll plazas, making it a convenient option for users.
• 3 Cashback and offers : Some banks and agencies offer cashback and other incentives to FASTag users, making it a cost-effective option for frequent highway users.
• 4 Interoperability : FASTag is now interoperable across all toll plazas in India, irrespective of the issuer bank, making it easy for users to use the same tag across the country.
• 5 Online recharge and account management : Users can recharge their FASTag online registration through various modes of payment and also check their account balance and transaction history online.
• 6 SMS alerts for toll transactions, low balance, etc.
• 7 Online Portal for customers.
• 8FASTag online registration – Registration can be done online through Credit Card / Debit Card / NEFT / RTGS/UPI or Net banking.

Benefits for Toll Operators:

• 1Reduced congestion : FASTag reduces congestion at toll plazas by enabling electronic toll collection, which reduces waiting time and enables faster movement of vehicles.
• 2Reduced operating costs : Electronic toll collection through FASTag reduces the need for manual toll collection, which reduces operating costs for toll operators. In addition to checking their account balance and transaction history online, users can recharge their FASTag online registration using a variety of payment methods.
• 3 Increased revenue : FASTag enables toll operators to collect toll charges more efficiently, which increases revenue collection.
• 4 Improved traffic management : FASTag enables real-time monitoring of traffic flow at toll plazas, which helps toll operators manage traffic more efficiently.