Everything you need to know about Paytm FASTag for commercial vehicles is as follows:- www.deekpay.com
Why waste time in long queues at toll booths when you can easily pass through with Paytm FASTag? All you need to do is to apply for Paytm FASTag and save valuable time while driving on the highways. We want to contribute to the economic development by ensuring smooth movement of commercial vehicles across the country.Paytm FASTag is valid at over 530 toll plazas. It is a small and reusable tag that is attached to the windscreen of your commercial vehicle and uses Radio Frequency Identification (RFID) technology. This tag is linked to your Paytm wallet for instant and automatic deduction of toll charges.Paytm Payments Bank has partnered with the National Highway Authority (NHAI) as part of the National Electronic Toll Collection (NETC) scheme to allow easy passage through motorway toll plazas using the Paytm FASTag.
Here are the details about Paytm FASTag:
**Advantages:**
Paytm FAStag offers several facilities to commercial vehicle owners as follows:
- EASY TO MANAGE: We offer simple reconciliation and fleet management through the Paytm app. You can view all transactions in the pass book and manage multiple FASTags in the app.
- No need to recharge separately: toll booth charges will be automatically deducted from your Paytm wallet balance, no need to recharge extra for FASTag.
- No Hidden Fees: We charge any handling fees for change recharges or toll booth transactions.
- Guaranteed Cashback: We offer a monthly cashback of 2.5% per transaction, as well as other cashback offers.
- FREE SHIPPING: We will deliver Paytm FASTag to your doorstep for free without any shipping charges.
To accelerate the penetration of e-payment at toll booths and facilitate the purchase of tags by commercial vehicle owners, we have set up service points in 200 cities and towns including Delhi-NCR, Mumbai, Kolkata, Agra, Rajgod, Mysore, Jaipur, Bikaner, Allahabad, Punjab, Ranchi and Cochin. In addition, we plan to issue over 2 million Paytm FAStags in the next three months.
**Documents required for purchase of Paytm FASTag:**
We issue FASTag with minimal documentation required. Individual vehicle owners are required to submit a vehicle registration certificate (RC) proof for purchasing FASTag for their commercial vehicles. Businesses are additionally required to provide GST certificate, cancelled cheque, identity card or PAN card.
**Mode of purchase:**
To buy Paytm FASTag for commercial vehicles, provide the necessary details here and our team will get in touch with you or you can call us at 1800-102-6480 and press 1.
**Activation and top-up:**
Paytm FASTag will be activated automatically after submitting the documents. You just need to recharge your Paytm wallet to start using it.
**How to use Paytm FASTag?
Using Paytm FASTag is very easy, just follow these steps:
1. After purchase, affix the label to the windscreen of the vehicle.
2. Recharge sufficient amount to Paytm wallet using UPI or any bank account.
3. Enter the dedicated FASTag lane at the NHAI toll booth. The reader in the lane will read the tag information and the corresponding fee will be automatically deducted from your Paytm wallet.
**Paytm FASTag cost:**
Fees vary depending on the type of vehicle and include a one-time tag joining fee (Rs. 100), a security deposit (Rs. 250), and a minimum balance (threshold amount) to be maintained. Here is the detailed list:
NPCI vehicle category, description and threshold amount:
- 4 - Car/Jeep/Lorry: Rs. 150
- 5 - Light Commercial Vehicle - Two Axle: Rs. 200
- 6 - Bus - three axles: Rs 350
- 6 - Trucks - three axles: Rs 350
- 7-Bus - two axles/van, truck - two axles: Rs 250
- 12 - Tractor/tractor trailer, trucks 4, 5 & 6 axles: Rs. 450
- 15-Trucks over 7 axles: Rs. 550
- 16 - Earthmoving/heavy construction machinery: Rs 650
The reissue fee for all types of commercial vehicles is Rs. 100.
Don't hesitate any longer! Get your Paytm FASTag today and save extra time on the highway.