How Much Will FASTag Cost You?

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Planning to buy a FASTag for your vehicle but unsure about the cost? Then you have come to the right place.

While FASTag is mandatory for most vehicles on national highways, the total amount you need to pay can vary depending on the issuing bank or provider. In this blog, we’ll break down the typical charges involved so you know exactly what to expect when purchasing a FASTag.

An Overview of What You Pay for FASTag

  • Tag issuance fee: This is a one-time charge for generating and assigning the tag.
  • Security deposit: A refundable amount that is held by the issuing bank or provider as long as the tag is active.
  • Minimum balance or threshold amount: This is not a charge but a required prepaid amount added to your FASTag wallet to activate the tag for use.
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Average Price of a FASTag

The total cost of a FASTag usually ranges from ₹200 to ₹500, depending on the issuing provider and the type of vehicle. 
 

What You Pay ForEstimated CostWhat It Means
   
FASTag Issuance Fee₹100 to ₹200One-time charge for creating and issuing the tag
Security Deposit₹100 to ₹400Collected upfront and refunded when tag is closed
First-Time Recharge₹100 to ₹200Minimum amount to activate the FASTag
Add-on Service Charges₹50 to ₹100May apply for delivery, setup, or offline purchase

These charges can vary slightly from one bank or wallet service to another. Some may also run promotional offers or waive the issuance fee for first-time users. 

Does the Cost Vary by Vehicle Type?

Yes, the security deposit and minimum balance requirements vary based on the vehicle category. Commercial vehicles, buses, and trucks have higher charges due to their larger toll categories.

If you are applying for FASTag for a private car (non-commercial use), the charges will be on the lower side. For heavy vehicles, the total cost can go up accordingly.

Where Can You Buy FASTag?

You can buy a FASTag from several sources, including:

  • Banks: Many national and private sector banks issue FASTags.
  • Online marketplaces: Some providers allow you to order the tag online and get it delivered to your address.
  • Toll plazas: FASTags are also available at authorised toll booths across national highways.

The charges remain roughly the same across platforms, although some banks may offer occasional discounts or waive the issuance fee as part of promotional offers.
 

Are There Any Hidden Charges?

Generally, there are no hidden charges if you purchase from an authorised source. However, you may be charged extra if:

  • You opt for home delivery through an online provider
  • You request a physical recharge service from an agent
  • You delay recharging and the balance goes negative, which could lead to penalties or blacklisting

Can the FASTag Balance Be Used for Other Payments?

FASTag balance is only for toll payments on highways
It cannot be used for fuel, shopping, or money transfers
Even if your FASTag is linked to a wallet, its use is limited to:

  • Toll charges
  • Penalties related to toll usage
  • Specific transport services approved by the FASTag provider

Summing Up

Getting a FASTag is a small step that makes a big difference to your highway travel. Most vehicle owners spend around ₹100 to ₹200 on the tag, along with a security deposit and a first recharge. Once activated, the FASTag ensures smoother trips with cashless toll payments across the country.

Frequently Asked Questions (FAQs)

No, while some banks or dealers may offer it with zero issuance fee, you usually pay for the tag deposit and minimum balance.

It generally includes an issuance fee (₹100 to ₹200), a refundable security deposit (₹200), and a minimum balance (₹100 to ₹200). Charges may vary by provider.

No annual fee is required for most private vehicle FASTags. You only need to recharge when the balance runs low.

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Written by Saumya Srivastava

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Reviewed by Lokesh Shetty Author info Icon

A professional writer who loves delivering content that resonates, educates, and keeps readers engaged, making the often complex world of insurance more approachable and enjoyable. Beyond the pen, she is a passionate foodie at heart who believes in savoring life’s flavors in all aspects, whether it's a new dish or a well-crafted sentence.

How Much Will FASTag Cost You?