YES Bank FASTag

Key features and benefits of YES Bank FASTag

• Saves Fuel and Time: When the vehicle passes through the toll gate, the RFID reader at the toll plaza receives information about the vehicle and the toll amount is deducted automatically from the FASTag wallet, thus saving valuable time & money for the users.
• No More Queues and Need To Carry Cash: Customers don't have to wait in long queues in tolls and don't have to concern themselves with paying cash for tolls
• SMS alerts for each toll transaction: Users get instant SMS notification for every toll plaza transaction carried out on their tag account. This enables the user to keep a tab on their account balance.
• Corporate Loading: Corporate can register for multiple FASTag accounts online through NEFT/ RTGS or Net Banking in batches.
• Cashback offer: Users can get a cashback of 2.5% on all toll payments using FASTag up to March 31, 2020
• Web portal for tag holders: FASTag users can create an account on the online portal to manage their tag account without any hassles. They can check various things like tag balance, transactions and account information on this online portal.

How can I buy YES Bank FASTag?

Customers can apply for YES Bank FASTag by visiting their nearest branch of YES Bank FASTag or at the POS location of the bank, which have been established near the toll plazas. Please follow these steps to register for a YES Bank FASTag for your vehicle:

• Visit the point of sale location of the bank along with your four wheeler for which you want to get FASTag.
• Get the YES Bank FASTag application form from the banking representative. 
• Fill the form and provide all the details required in the form.
• Verify the filled in information and submit it in the bank along with the relevant documents.
• After the verification of your form, the FASTag for your vehicle will be issued.
• Affix it on your vehicle windscreen and get ready to cruise through toll plazas seamlessly.

What are the documents required to register for YES Bank FASTag?

Please submit the below documents along with the duly filled in application form. Please remember to carry the original document for verification while visiting the bank.

• Registration Certificate (RC) of the vehicle.
• Passport size photograph of the vehicle owner
• KYC documents as per the category of the vehicle owner

How do I recharge my FASTag account?

One can recharge their FASTag account online through Debit Card, Credit, Net Banking & other online payment modes. KYC Compliant accounts can be recharged up to Rs.1 lakh and non-KYC Compliant accounts can be recharged with up to Rs. 10,000 at a time. Users may also recharge their tag account at any of the YES Bank branches or PoS locations near Toll Plazas by paying cash.

How to Recharge YES Bank FASTag online?

After you apply for YES Bank FASTag and the application has been processed, an SMS will be sent by the bank on your phone to log in to your FASTag account. You have to visit the YES Bank FASTag login link, in the message, and enter the username and password to access your YES Bank FASTag wallet.

• When you log in for the first time, you will see the account number and IFSC number for your YES Bank FASTag wallet.
• Add this account number and IFSC Code to your preferred bank account as a beneficiary.
• After that, you can transfer the amount by which you want to recharge your account through IMPS, NEFT and RTGS.
• The amount will be credited instantly to your YES Bank FASTag wallet.
• There is no limit on the recharge amount and you can recharge with any amount you want.

YES Bank FASTag Charges

YES Bank FASTag Introduction

FASTag is an initiative by the Government of India, in collaboration with the National Payments Corporation of India (NPCI), under the guidelines of the National Highways Authority of India (NHAI) and the Indian Highways Management Company Ltd (IHMCL). FASTag has been developed under the NETC program that is National Electronic Toll Collection.

This program allows the collection of toll charges electronically without any human intervention, thus, reducing the rush at toll plazas across the country. The FASTag is a device that uses RFID technology that is Radio Frequency Identification, which will deduct the toll charges automatically from a prepaid wallet when the vehicle passes through the FASTag lane of a toll plaza. This FASTag sticker must be affixed to the windscreen of your car so that it allows for electronic toll deduction from a prepaid wallet and lets you cruise through the toll gates. You do not have to wait to make a cash transaction at the toll plaza, thus, removing the hassle of carrying cash for toll payments.

These FASTags can be pre-loaded with money and used to pay for your vehicle toll payments electronically. When the vehicle passes through the toll gate, the RFID reader at the toll plaza receives information about the vehicle and the toll amount is deducted automatically from the FASTag wallet, thus saving valuable time & money for the users.

FASTag is currently accepted at 460+ Electronic Toll Plaza across National Highways. Users can make use of the demarcated ETC FASTag lanes at the toll plaza and get the toll fee directly deducted from their FASTag wallet. This has saved an enormous amount of time and fuel to all its users. They also need not worry about carrying cash for the toll payments. The NETC system is inter-operable and the same FASTag can be used across all toll plazas under the National Electronic Toll Collection (NETC) program. Planning is underway to include more toll plazas under the ambit of FASTag.

YES Bank is a designated bank authorized to issue FASTags to applicants.

YES Bank FASTag FAQs: