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How to recharge and buy FASTags on Paytm; a step-by-step guide

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About 23 banks are authorised to let users apply for and recharge FASTag, and multiple payment platforms and providers like Paytm can recharge and issue FASTags.

How to recharge and buy FASTags on Paytm; a step-by-step guide
The toll system across India has almost completely digitised with the push for online toll collection that started a few years ago. Through the FASTag technology, which is based on Radio Frequency Identification (RFID) technology, individuals are able to pay tolls online through a prepaid account that is connected to bank accounts directly.
While the system is owned and operated by the  National Highway Authority of India (NHAI), multiple payment platforms allow their users the option to recharge and buy FASTags.
One of these is Paytm. The fintech giant had the largest payments merchant and consumer base in India in August last year, according to RedSeer.
Here’s how you can buy and recharge FASTags through the app:
  • Purchasing a FASTag on Paytm is extremely easy. Users need to provide their vehicle registration number, pictures of their vehicle RC, and their phone number on the platform. Users will be paying Rs 350, inclusive of taxes, of which Rs 250 will be deposited to their Paytm FASTag wallet.
  • After payment, Paytm will verify the details uploaded by a user. Afterwards, the company will ship the FASTag directly to a user’s address with the new FASTag being mapped to the mobile phone number used during purchase.
  • Once the FASTag arrives, users just need to affix it to their windshields to start using it.
  • The FASTag can be purchased here.
  • Recharging the tags is also a smooth process. Users can directly add the amount to their Paytm FASTag wallets if they had purchased their FASTags through Paytm. In case the FASTag was purchased from a different issuing bank, Paytm offers the choice of making online recharges for them as well.
    Currently, Paytm supports FASTag recharge for the tags issued by the following banks.
    • Axis Bank FASTag Recharge
    • Bank of Baroda FASTag Recharge
    • ICICI Bank FASTag Recharge
    • Indian Highways Management Company FASTag Recharge
    • IndusInd Bank FASTag Recharge
    • Users need to go to the FASTag recharge option in the app and select the issuing bank. After filling in the necessary details and making the payment, the amount is added to the FASTag prepaid account balance.
       
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