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Bank of Maharashtra FASTag: Fee, Online Recharge, and How to Buy

Published on 26 Jul, 2024, 5:16 AM IST
Updated on 26 Jul, 2024, 12:54 PM IST
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The National Highway Authority of India has launched the FASTag to enable easy movement of vehicles on highways and to reduce congestion. With the implementation of FASTags, daily commuting has become faster and more convenient. Many banks in India have joined the initiative. The Bank of Maharashtra is one such bank. Thus, because of the Bank of Maharashtra FASTag, you can avoid highway congestion and make payments hassle-free.

Continue reading this blog to learn how to recharge Bank of Maharashtra FASTag online and offline along with other relevant information. 

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What Is Bank of Maharashtra FASTag?

The Bank of Maharashtra FASTag is a simple tag fixed on the vehicle's windscreen to let you deduct the toll amount automatically when you pass through the toll plaza. This is a convenient and hassle-free process and you need not carry cash for transactions. FASTag is linked with a prepaid account from which the applicable toll amounts are deducted. It follows the Radio Frequency Identification (RFID) technology to make payments directly from the linked account. 

The Bank of Maharashtra FASTag can be recharged through mobile banking, NET banking, credit card, debit card, and PayZapp. While recharging online, you can enjoy discounts and save money. Thus, the Bank of Maharashtra FASTag is an ideal deal to save energy, time, and money. 

How to Apply for Bank of Maharashtra FASTag?

You will get the Bank of Maharashtra FASTag from the respective branches of the bank, service centers, and toll plazas. However, to avail the FASTag online, it is mandatory to open an account with the bank. Continue reading to learn about how to apply for Bank of Maharashtra FASTag both online and offline.  

Steps to Buy Bank of Maharashtra FASTag Online

To buy the Bank of Maharashtra FASTag online, it is mandatory to open an account with the bank. Here is a step-by-step guide to avail the Bank of Maharashtra FASTag online:

Step 1: Visit the official website of the FASTag Bank of Maharashtra and create a customer ID

Step 2: Enter all relevant personal details, including your name, date of birth, phone number, and address

Step 3: You will receive an OTP to your registered contact number for verification

Step 4: Provide your vehicle-related details, pin code, and customer category

Step 5: Upload copies of your proof of address, proof of identity, and your vehicle's photo

Upon successful completion of your application form, submit it and wait for approval. 

Get FASTag from Bank of Maharashtra Offline

Despite the easy and convenient online option to get the Bank of Maharashtra FASTag, some even find the offline option more feasible. Here is a guide on how to obtain FASTag offline from the Bank of Maharashtra:

  • Visit the local branch of the Bank of Maharashtra

Carry all relevant documents and visit your nearest local branch of the Bank of Maharashtra. For offline mode, carrying the vehicle is however mandatory to get the FASTag.

  • Toll Plazas

You can also purchase a FASTag at the toll plaza. For this, however, you should also bring your vehicle and the same documents.

By following the above two methods, you can get the FASTag from the Bank of Maharashtra through offline mode. 

Bank of Maharashtra FASTag Fees and Charges

To get the FASTag from the Bank of Maharashtra, it is mandatory to pay a certain charge. Here is a detailed overview of the fees and charges:

Vehicle Category

Tag Joining Fees

Security Deposit

Minimum Balance

Car/Jeep/Van

100

200

150

Light Commercial Vehicle

100

200

150

Tata Ace and Similar mini Light Commercial Vehicle

100

200

150

Bus 3-Axle Three-axle Commercial Vehicle

100

300

150

Truck 3-Axle Three-axle Commercial Vehicle

100

300

150

Truck 2-Axle

100

400

300

Bus 2-Axle

100

400

300

4 to 6 Axle

100

500

300

7 or more Axle

100

400

300

Heavy Construction Machinery

100

400

300

Documents Required for Bank of Maharashtra FASTag Online Apply

To apply for Bank of Maharashtra FASTag online, it is a must to present the original and copy of your KYC documents. Here are the documents mandatory for the online application of FASTag at the Bank of Maharashtra:

For bank customers:

  • Registration certificate of the vehicle

For non-bank customers:

  • A valid address proof

  • Photo identity proof

  • Vehicle owner's passport-size photograph

  • Registration certificate of the vehicle

Methods to Check Bank of Maharashtra FASTag Balance

Here are the different ways of checking your FASTag balance with the Bank of Maharashtra:

1. Check Balance via SMS

Here is a guide on how to check FASTag balance through SMS:

Step 1: An SMS will be sent to your registered mobile number every time you pass by a toll plaza

Step 2: Visit your inbox and locate the message chain

Step 3: A screen will appear displaying the balance history of your FASTag account with the Bank of Maharashtra

2. Check Balance via Email

Check out the steps below to check your FASTag balance through email:

Step 1: Each time you pass by a toll, make sure to check the email inbox

Step 2: You will receive a notice regarding toll deduction in the linked account with Bank of Maharashtra

Step 3: Check out the notice stating the latest deduction and your FASTag balance will appear on the screen

3. Check Balance Online

Below are the steps to check FASTag balance online easy and hassle-free:

Step 1: Visit the official website of the Bank of Maharashtra which consists of a FASTag portal

Step 2: Login into the portal with all necessary information

Step 3: Select the ‘View Balance’ option and your FASTag balance will be displayed on the screen

4. Check Balance via ‘My FASTag App’

Here are the steps to guide you check balance through the My FASTag app:

Step 1: From the Google Play Store or Apple Store, install the My FASTag app and enter the UPI ID

Step 2: Choose the 'validate' option and you will be guided for the remaining steps through the app

Step 3: Completing the login process, the balance will be displayed on the screen

Benefits of Bank of Maharashtra FASTag

Here are the benefits associated with the Bank of Maharashtra FASTag:

Saves Both Time and Fuel

Each time you pass by a toll plaza, the tag readers go through the FASTag and automatically deduct the required toll amount. So you need not stop to pay at toll plazas. Thus, it ends up saving time as well as fuel.

SMS and Email Alerts

The transactions that take place in the FASTag account are alerted through email and SMS to the registered email address and contact number.

Web Portal

Customers can log into the FASTag customer portal and access the statement as needed.

Online Recharge

With Bank of Maharashtra, you can recharge FASTag online with Net Banking and debit card or credit card.

Toll Pass Prepaid

For making payments while passing through toll plazas, it is not needed to carry cash. The amount automatically gets deducted from a linked bank account.

Bank of Maharashtra FASTag Customer Care

With the launch of FASTag, the toll plaza payment process has become quite easy and fast. Link a bank with FASTag such as Bank of Maharashtra FASTag and continue enjoying benefits. These include cashless payments, fuel and time-saving, instant recharge online, and many more. 

Moreover, if you face any queries or complaints, you can contact the Bank of Maharashtra customer care through the following ways:

  • Customer Care Phone Number: 1800 233 4526, 1800 102 2636

  • Customer Care Email: [email protected]

  • Bank of Maharashtra Banking Team Phone Number: 020-2561 4486, 020-2561 4252

  • Bank of Maharashtra Banking Team Email: [email protected]

Final Words

To conclude, the Bank of Maharashtra FASTag is not only a convenient process but also makes your journey relaxing. Every vehicle needs its own FASTag. Recharging FASTag is also made easy and straightforward and you can complete the recharge from the comfort of your home through different payment modes that include UPI, credit cards, net banking, and more.

However, failing to maintain the minimum balance on your FASTag account while riding at a toll plaza will lead to your FASTag account being deactivated. This will thereby ultimately result in paying you twice the toll amount through cash. 

Frequently Asked Questions

Here are some of the most common questions and their answers related to Bank of Maharashtra FASTag

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How can I know if my FASTag is active or not?

To check if your FASTag is active or not, you can check out My FASTag App or call the bank’s customer care number 1800 233 4526/1800 102 2636.

What are the charges for FASTag recharge?

When recharging the FASTag account, there are certain charges associated. However, there are no convenience fees charged when recharging through a RuPay debit card or UPI. 

What is the minimum or maximum value for FASTag recharge or top-up?

Considering the class of vehicles, the recharge amount varies. The KYC customers can recharge a maximum amount of Rs. 2,00,000 and a minimum amount of Rs. 10,000. 

How can the existing FASTag be replaced?

By following the below steps, you can replace the existing FASTag:

  • Visit the nearest branch of the Bank of Maharashtra

  • From the date of request at the branch, FASTag will be replaced within 7 working days

What is the validity of the Bank of Maharashtra FASTag?

The validity of the Bank of Maharashtra FASTag is 5 years and after purchasing, recharging the FASTag is mandatory as per the requirement.

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