How to Apply for Bank of Maharashtra FASTag?

FASTag is a very important device that you can use to pay for toll tax during transit from the toll plaza. This device has been made mandatory by the Government of India.

Those who do not use the FASTag device will have to pay twice the amount of toll tax than what one would have to pay with a FASTag device.

There are a lot of vendors who provides FASTag device to its users including the Bank of Maharashtra which is one of the best Government Banks in India.

 You can apply for the Bank of Maharashtra FASTag device both online and offline. For offline, you’ll just have to visit the BOB bank branch and simply fill out the form and submit it to open a FASTag account.

The easiest way for applying for a FASTag device is online methods using which you can remotely apply for the device and you do not need to visit anywhere.

But before applying for the FASTag device, let’s first understand what is FASTag device and how it works.

How to Apply for Bank of Maharashtra FASTag

What is a FASTag device?

A FASTag device is a device that uses RFID technology to pay the toll tax using the online method. The toll plaza has been installed with an RFID scanner and whenever a vehicle comes with the device, the scanner will automatically scan the device and deducts the payment.

It is fast, continent, and will save a lot of fuel which would have been wasted while queuing for the toll tax payments. You can simply keep on continuing with your transit and the payment for the deposit will be deducted automatically.

Features of FASTag Device

The following are some of the most distinctive features of a FASTag device that make FASTag device very lucrative and beneficial for an individual vehicle owner-

  • A fast and convenient transit through a toll plaza
  • It adds to the accountability of your spending by keeping track of your FASTag account
  • You can recharge your account using the online portal, PAYTM, credit/debit card, Net banking, etc.
  • The device comes with a 3-year warranty and a lifetime of validity
  • You can also use the device to purchase fuel in the Fuel Stations across the country
  • For every transaction, the account holder will receive an SMS containing the transaction details

How to Apply for the FASTag device?

The following are the step by step instructions to apply for the Bank of Maharashtra FASTag device-

  • Visit the official Bank of Maharashtra FASTag device portal and click on new registration
  • Here, you’ll have to enter the CIF number followed by entering the Captcha followed by authorizing the process, and click on the generate OTP button
  • After generating the OTP, you’ll have to enter the OTP received on your registered mobile number
  • After entering the OTP, a form will appear which you’ll have to fill with details like vehicle registration number, engine number, chassis number, year of make, etc.
  • After entering the number, you’ll have to upload the registration certificate of your vehicle and click on the submit button
  • Now, a payment portal will open where you’ll have to pay for the FASTag device including the initial deposit amount
  • After successful payment, you’ll receive the FASTag device via post and you can now use the device

Documents Required to Applying for FASTag device

The following are the documents required to apply for the FASTag device-

  • Vehicle Registration Certificate
  • Bank of Baroda FASTag Application form filled (offline method only)
  • passport size photograph of the Vehicle owner
  • KYC Documents like Aadhaar Card, Driver’s License, Passport, etc.

FASTag Device Charges

The following are the charges associated with the FASTag device-

Vehicle Class No.ParticularsTag Joining FeeSecurity AmountMinimum Balance
4Car / Jeep / Van100200150
4Tata Ace and similar mini light commercial vehicle100200150
5Light Commercial Vehicle100300300
6Bus three Axel100400300
6Three Axle Commercial Vehicles100500300
7Bus/Truck100400300
124 to 6 axles100500300
157 or More Axle100500300
16Heavy Construction machinery/ Earth Moving Vehicle100500300

FAQ

Do I have to be in a specific lane for FASTag payment?

Yes, you’ll have to be on FASTag lane for using the FASTag device as a payment method. In other lanes, the scanner will not be installed.

What if I sell/transfer the vehicle?

In case you sell/transfer your vehicle then you’ll have to remove the FASTag device before doing so and then surrender your FASTag device to the bank. The FASTag device is unique to the owner as well as the vehicle, any change in the ownership or vehicle would void the FASTag policies.

What will happen to my balance in case I surrender my FASTag device?

In case you surrender your FASTag device, then your fund amount will be transferred to your account after the completion of the FASTag device surrender.

Can I be forced to pay the toll tax even when I have sufficient balance in my FASTag wallet?

No, the toll-tax official can never force you to pay for the toll tax in cash. You can immediately register a complaint against such demand by dialing the 1033 toll-free number.