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  • Size: FASTag is 10x5 CM rectangle shape, multi-layered tag which is made of good quality paper, containing CHIP and antenna inside it’s layers.
  • CANARA BANK FASTag shall be mounted on the windscreen (top centre so that Tag reader installed on either side of the Toll plaza can read the tag code) of the vehicle for which the FASTag is purchased from the Bank and through Radio Frequency Identification(RFID) method, the information is read at the Toll Plaza from the Tag.
  • Type: Tags would be vehicle type specific like Mini light commercial vehicle(Car Jeep, Van, Tata Ace etc.), Light Commercial Vehicle, Three Axle Commercial vehicle, Bus/Truck, 4 to 6 Axle, 7 or More Axle, Heavy Construction Machinery(HCM)/Earth Moving Equipment(EME), for identification of the vehicle type at Toll centre as the Toll fee would be different.
  • FASTags vary for different vehicles types and can be distinctly identifiable from colour(Colour & Marks specification are governed by NPCI guidelines as shown below:

  • Sl No Type of Vehicle Colour of the FASTag
    1 Car/Jeep/Van/Tata Ace and similar Light Commercial Vehicle Violet
    2 Light Commercial Vehicle – 2 Axle Orange
    3 Bus – 3 Axle Yellow
    4 Truck – 3 Axle Yellow
    5 Bus 2 Axle / Mini Bus, Truck 2 Axle Green
    6 Tractor / Tractor with trailer, Truck,4,5&6 axle Pink
    7 Truck 7 Axle and above Blue
    8 Earth Moving/ Heavy construction Machinery. Black
  • Maximum load amount: Maximum load amount in the wallet account per person (aggregate of all Tag wallets issued to a person under the Customer ID) is capped at Rs 1.00 lakh at any point of time in tune with RBI guidelines.
  • FASTag is read by the tag reader at the plaza and the toll amount is deducted automatically, when the vehicle approaches the toll plaza.
  • Top-up of FASTag wallet account through Credit/Debit Card and Net Banking.
  • 24X7 customer support.
  • KYC customers can recharge to a maximum of Rs.1,00,000/-
  • Web portal for customers
  • Customer portal to track the transactions.
  • SMS alerts on the transactions.
  • The transaction history can be viewed electronically and used as required. Missed call alert service for balance enquiry.

    Canara FASTags shall be issued only to our customers having CASA account with full KYC compliance

    • Copy of Tax PAN(mandatory).
    • Mobile Number (mandatory)
    • Copy of the Registration certificate (RC) of the vehicle(mandatory)
    • Colour photograph of the vehicle for which FASTag is applied (optional)
    • Aadhaar Card (optional)
    • GSTN in case of Business accounts (Optional)

FASTag issuance & loading fee:

ISSUANCE FEE
(Inclusive of GST in Rs.)
REISSUANCE FEE
(In Rs. exclusive of GST)
CONVENIENCE FEE
(In Rs. exclusive of GST)
100.00 100/- Convenience fee for online re-load of Tag will be actual cost + Rs. 10.00

SECURITY DEPOSIT: Security Deposit is a one- time deposit stored in the Tag-wallet permitted by NPCI for NETC project to cover the risk.

THRESHOLD AMOUNT: Threshold Limit is the minimum load amount to be maintained in the Tag wallet account at all point of time and is dependent on category of vehicle (fixed based on the average fee on the toll gate)


Sl No Type of Vehicle Colour of the FASTag Sl No Sl No
1 Car/Jeep/Van/Tata Ace and similar Light Commercial Vehicle Violet 200 100
2 Light Commercial Vehicle – 2 Axle Orange 300 140
3 Bus – 3 Axle Yellow 400 300
4 Truck – 3 Axle Yellow 500 300
5 Bus 2 Axle / Mini Bus, Truck 2 Axle Green 400 300
6 Tractor / Tractor with trailer, Truck,4,5&6 axle Pink 500 300
7 Truck 7 Axle and above Blue 500 300
8 Earth Moving/ Heavy construction Machinery Black 500 300

Q1. What is FASTag?

FASTag is a RFID (Radio Frequency Identification Technology) enabled device that can be used to make electronic payments at tolls. It is affixed on the windscreen of the vehicle and enables you to pass through the toll plazas without stopping for cash transactions. Once, the tag is scanned, a prepaid account linked to the tag is automatically debited for the corresponding amount. The linked account can be topped up/recharged as required.

Q2. What are the benefits of using FASTag?

  • FASTag is read by the tag reader at the plaza and the toll amount is deducted automatically, when the vehicle approaches the toll plaza.
  • top-up of FASTag wallet account through Credit/Debit Card and Net Banking.
  • 24X7 customer support.
  • Tag validity is for 3 years.
  • KYC customers can recharge to a maximum of Rs.1,00,000/- .
  • Customer portal to track the transactions.
    SMS alerts on the transactions.
    The transaction history can be viewed electronically and used as required.

Q3. Where all can you use FASTag?

FASTag is presently operational at 400+ toll plazas across national highways. More toll plazas will be brought under the FASTag program in the future. You may see the list of plazas in the Active Toll Plazas Section of the NETC vendor portal.

Q4. How can I buy FASTag?

FASTag can be purchased at all designated Canara Bank Branches after submitting the documents required and making the necessary payments.

Q5. What are the documents needed to apply for FASTag?

You will need to carry original as well as copy of your KYC document You need to submit the following documents along with the application for FASTag:

  • Copy of Tax PAN(mandatory)
  • Mobile Number (mandatory)
  • Copy of the Registration certificate (RC) of the vehicle(mandatory)
  • Colour photograph of the vehicle for which FASTag is applied (mandatory)
  • Aadhaar Card (optional)
  • GSTN in case of Business accounts (Optional)

All required documents for FASTag should be in the name of the owner of the vehicle.

Q6. What if, the tag is not read at the toll plaza?

The below given are the scenarios and their possible solutions: In case the tag reader of the plaza is not working, the customer may pay the toll in cash and can pass through the toll plaza. In case, the tag is not pasted correctly on the vehicle or not readable by the reader at the toll plaza, wherein the other vehicle tags are easily being read by the toll plaza:

  • The customer may request the toll plaza owner to use the hand handled device to read the tag and can pass through the toll plaza.
  • The customer may pay the toll in cash and can pass through.
  • After that, the customer may approach the Branch/may call the Customer care and the FASTag will be replaced free of cost if the FASTag is non-functional/damaged on account of the reasons attributable to our Bank.

Q7. What if the RFID Tag balance goes below the minimum required balance in the tag?

The Tag will not work as it will be included in the ‘Low balance’ exception list.SMS will be sent to the Tagholder.

The customer can approach either any Canara bank Branch or use online services through ‘NETC Customer portal’, provided by the Bank to top up the FASTag wallet

Q8. What is the process flow, in case of dispute at the toll plaza?

In case the plaza is not working, the customer will call customer care, Customer care representative will advise the customer to pay the toll in cash and will escalate the matter with NPCI for the particular toll plaza. In case the customer tag is faulty or not being read at the plaza, the customer may call up the help desk, help desk will advise the customer to pay the toll in cash, and resolve the issue by replacing the Tag through the Branch from where the Tag was purchased. In case the tag was not valid or correctly personalized, then Canara FASTag shall be replaced at no additional cost to the tag holder as per NPCI guidelines.

Q9. Will I be getting rewards points on topping up of CANARA FASTag through CANARA Debit Cards?

Yes, as per the existing eligibility of the customer.

Q10. How to surrender the Tag?

The Tag holder shall give a written request for cancellation/surrender/closure of the Tag along with the Existing Tag. In case, the existing tag is damaged, the customer shall surrender the damaged tag. New tag will be issued to the customer after charging fees of the new Tag. In case of the death of the customer, Legal heirs of the customer may claim the refund of the Tag amount after producing death certificate and other relevant documents.

Q11.What is the customer care number of the CANARA FASTag system

1800 103 3568

Q12. What if my CANARA FASTag is debited twice at the toll plaza?

The customer should contact the customer care; customer care will raise the query to the NPCI system and will resolve the matter.

Q13. Can CANARA FASTag be used outside India?

No.

Q14. Can somebody scan the CANARA FASTag from outside and do away with my money?

No.

Q15. What are the charges for taking a new FASTag?

Charges applicable on Canara FASTag:

Particulars Amount (Rs.)
Tag Issuance Fee Rs100 inclusive of applicable taxes (Rs 84.74+GST)
Tag Replacement Charge Rs 100 inclusive of applicable taxes (Rs 84.74+GST)
  • Goods and Service tax (GST) will be levied on all the prescribed fees & charges at the applicable rates.
  • Convenience fee will be applicable for online recharge
  • Charges mentioned above are subject to change. Please visit www.canarabank.com for the latest charges.

Q16.Why do I need to pay Security Deposit?

Security Deposit is a one-time deposit stored in the Tag Wallet permitted by NPCI to cover the risk to the Tag issuer and refundable at the time cancellation of FASTag.

SPECIAL RATE FOR SENIOR CITIZEN
  • Additional interest rate of 0.50% will be paid for domestic term deposits (including RD and except for NRO, NRE and Capital Gains Deposit scheme) of less than Rs. 2 Cr and with tenor of 180 Days and above, over and above the rate offered for General public.
  • The system will automatically enable preferential ROI of 0.50% to all existing eligible Domestic Term Deposits and RD Deposits from the date of Customer attaining Senior Citizen status w.e.f. 24.07.2018
  • In case of death of the Senior Citizen before the date of maturity, the deposit may be continued with the contracted interest rate only if there is no change to the other contracted terms.
PENALTY FOR PREMATURE CLOSURE /PART WITHDRAWAL/PREMATURE EXTENSION OF DEPOSITS
  • A penalty of 1.00% shall be levied for premature closure/part withdrawal/premature extension of Domestic/NRO term deposits of less than Rs. 2 Crore that are accepted /renewed on or after 12.03.2019
  • For premature closure/part withdrawal/premature extension of Domestic/NRO term deposits, the Bank imposes a penalty of 1.00%. Such prematurely closed/part withdrawn/prematurely extended deposits will earn interest at 1.00% below the rate as applicable for the relevant amount slab as ruling on the date of deposit and as applicable for the period run OR 1.00% below the rate at which the deposit has been accepted, whichever is lower.”
  • A penalty of 1.00% is waived in case of premature closure/part withdrawal/ premature extension of Domestic/NRO CALLABLE term deposit of Rs. 2 Crore & above that are accepted/renewed on or after 12.03.2019. However, a penalty of 1.00% shall be levied for premature closure/part withdrawal/premature extension of Domestic/NRO term deposits of Rs.1 Crore & above that are accepted /renewed from 04.02.2011 to 12.10.2012
  • Such prematurely closed/part withdrawn/prematurely extended deposits will earn interest at the rate as applicable for the amount slab of Rs.2 Crore & above as ruling on the date of deposit and as applicable for the period run OR the rate at which the deposit has been accepted, whichever is lower
  • No interest will be payable on term deposits prematurely closed/prematurely extended before completion of 7th day.
  • A penalty of 1.00% is applicable on Term Deposits under Capital Gains Account Scheme-1988, which are prematurely converted/withdrawn/closed, irrespective of the size of the deposit amount.
AUTO RENEWAL OF DEPOSIT
  • Deposit shall be renewed automatically for a similar period on the date of maturity at the rate of interest applicable for the period as on the date of maturity, in the absence of any renewal instructions well in advance.
    Proof of address as per KYC Norms
  • Auto Renewal facility is not available for Canara Tax Saver Deposits, Capital Gains Accounts, Canara Samriddhi deposits(discontinued w.e.f. 01.10.2015), Canara Khazana and Shikhar Deposits (discontinued w.e.f. 26.03.2020) and Non-callable deposits.
OVERDUE DEPOSITS
  • The deposit will be renewed automatically from the date of maturity for a similar period at the interest rate prevailing on the date of maturity for the original period of deposit (except Special deposits, NRE deposits, Capital Gains Scheme, Canara Tax Saver Scheme, Court Deposits, Non-callable term deposits, etc.)
  • If a Domestic Term Deposit matures and proceeds are unpaid, the amount left unclaimed with the Bank shall attract rate of interest as applicable to saving account or the contracted rate of interest on the matured Term Deposit, whichever is lower.
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Last updated on 20-04-2024 10:40 AM

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