Equitas Bank is one of India's emerging small finance banks, dedicated to providing inclusive financial solutions to underserved communities. Founded to bring accessible and affordable banking services, Equitas Bank has grown significantly, offering a range of financial products to meet varied customer needs. Known for its commitment to digital banking solutions, Equitas Bank aims to make banking convenient and accessible for all.

As part of its digital offerings, Equitas Bank provides the FASTag service, allowing vehicle owners to make toll payments digitally. The Equitas Bank FASTag is a reloadable tag using Radio Frequency Identification (RFID) technology, enabling easy and automatic toll deductions as vehicles pass through toll plazas. This eliminates the need for cash transactions at tolls, helping drivers save time and avoid congestion. Additionally, the FASTag offers a seamless and cashless experience, which aligns with the government’s mission for a Digital India.

Now, users can recharge their Equitas Bank FASTag online with added ease and security via Bajaj Pay the BBPS platform on Bajaj Finserv.

What is Equitas Bank FASTag

The Equitas Bank FASTag is an electronic toll collection service that uses RFID (Radio Frequency Identification) technology to enable cashless toll payments.

This tag, affixed to a vehicle's windscreen, automatically deducts toll fees from a linked prepaid account. Equitas Bank FASTag helps customers save time by eliminating the need for cash transactions, making travel smoother and more convenient.

Steps to purchase Equitas Bank FASTag online

1. Visit the Equitas Bank website or mobile app.

2. Select ‘FASTAG’ under the product menu.

3. Choose the vehicle type and provide the necessary details.

4. Complete the KYC verification process.

5. Make the payment to purchase the FASTag.

6. Receive the FASTag at your registered address.

Benefits of getting Equitas Bank FASTag online

• Convenience: No need to visit a bank; FASTag can be ordered from home.
• Quick delivery: FASTag is delivered to your doorstep after completing the application.
• Reduced travel time: Saves time by eliminating long queues at toll booths.
• Cashless payments: Enables secure, cashless payments directly from your bank account.

How does Equitas Bank FASTag work

Equitas Bank FASTag is based on RFID technology, which enables automatic scanning and toll payment as vehicles approach toll plazas. When the vehicle reaches the toll plaza, the RFID scanner detects the Equitas Bank FASTag and debits the toll charge directly from the linked Equitas Bank account. The tag remains active and ready for use as long as there are sufficient funds in the associated account, offering a seamless toll payment experience.

The FASTag sticker, which should be placed on the vehicle’s windscreen, provides real-time, cashless payments at toll booths nationwide. By adopting Equitas Bank FASTag, drivers can avoid carrying cash, eliminating the hassle of finding change and reducing time spent at toll plazas.

Documents required to apply for Equitas Bank FASTag

To apply for Equitas Bank FASTag, customers need to submit:

• Proof of identity (Aadhaar card, Passport, etc.).
• Vehicle Registration Certificate (RC).
• Address proof (Driving licence, utility bills, etc.).

These documents ensure a quick and smooth application process, verifying the applicant’s identity and vehicle details for FASTag issuance.

Note: Bajaj Finserv provides a convenient platform to recharge FASTag online. Customers can use a variety of payment options, including net banking, credit or debit cards, Bajaj Pay, and UPI, for a secure and seamless recharge experience.

Steps to recharge FASTag using the Bajaj Finserv website

1. Visit the website: Go to the Bajaj Finserv website

2. Go to 'PAYMENTS': Navigate to the 'FASTAG' section under 'PAYMENTS'.

3. Select 'FASTAG': Choose the 'FASTAG RECHARGE' option.

4. Choose FASTag issuer: Select your FASTag issuer from the drop-down menu.

5. Enter vehicle number: Input your vehicle's registration number.

6. Enter recharge amount: Specify the amount you want to recharge.

7. Select payment method: Choose your preferred payment method and complete the payment.

Fees and charges

A convenience fee of up to 2% will be charged depending on the transaction amount and payment mode (inclusive of applicable taxes). For more information on fees and charges, click here.

Note: For failed transactions, the total amount including charges except taxes are reversed.