Understanding and managing your FASTag statement

FASTag has revolutionised toll payments across India, offering a seamless and efficient way to pay tolls electronically. With the increasing use of FASTag, it's essential to keep track of your toll transactions and effectively manage your finances. Do this easily via your FASTag history. Let us see how.

What is a FASTag statement?

A FASTag statement is a detailed record of all your toll transactions made using the FASTag. It provides a comprehensive history of your toll payments, including the date, time, and amount deducted for each trip. By regularly reviewing your FASTag statement, you can ensure that all transactions are accurate.

Importance of tracking FASTag transactions

How to check FASTag transactions and download the statement

1. Access your FASTag account through Axis Bank's website or mobile app.
2. Look for a section labelled 'Statements' or 'Transaction History'.
3. Choose the date range for which you want to view your statement.
4. Click on the 'Download' button to save the statement as a PDF or Excel file.

How to buy FASTag online?

If you haven’t yet purchased a FASTag, you can easily buy one online through various channels:

Documents required for FASTag

FASTag fees and charges

Getting a FASTag incurs charges and includes issuance fees, a onetime security deposit which is refundable on closure of the wallet, and the corresponding charges on reloading your FASTag wallet. If you lose your FASTag or if it gets damaged, you will have to pay a re-issuance charge for your renewed tag. Additionally, there is a minimum threshold which must be maintained as per the vehicle class.

Details Amount (₹)
Tag issuance fee (one time) Nil
Re-issuance fees 100 (inclusive of taxes)
Security deposit 200 (inclusive of taxes)*

*For class-4 vehicles such as car, jeep, and van.

Conclusion

For a seamless experience with toll payments and easy access to your transaction history, consider using the Axis Mobile app. It allows you to easily apply for FASTag, recharge your wallet, check your balance, and get detailed wallet statements, providing you with convenience and reliability on the road.

Disclaimer: This article is for information purpose only. The views expressed in this article are personal and do not necessarily constitute the views of Axis Bank Ltd. and its employees. Axis Bank Ltd. and/or the author shall not be responsible for any direct / indirect loss or liability incurred by the reader for taking any financial decisions based on the contents and information. Please consult your financial advisor before making any financial decision.

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