Close
Igniting Ideas For impact

Embarking on a transformative journey through six chapters, we traverse India's landscape, exploring pioneering startups and their revolutionary...

9 months

FASTag Users, You’ll Have to Pay Double If You Don’t Follow This New Rule

In fact, SBI has warned all its customers using the bank’s FASTag to follow the latest Ministry of Road Transport and Highways guideline to avoid fines.

FASTag Users, You’ll Have to Pay Double If You Don’t Follow This New Rule

As per the updated FASTag rule released by the Ministry of Road Transport Highways (MoRTH) on 15 May 2020, if a vehicle is fitted with a FASTag, which is non-functional or invalid, the car owner can be penalised with double the fee applicable to the vehicle category. 

The updated rule is in accordance with the notification GSR 298 E released by the Ministry of Road Transport and Highways on 15 May 2020. The press release stated the following:

“The Ministry of Road Transport and Highways has issued notification GSR 298 E, dated 15 May 2020 for amendment in the National Highways Fee (Determination of Rates and Collection) Rules, 2008 which provide that if a vehicle which is not fitted with FASTag or the vehicle is without a valid or functional FASTag, enters into “FASTag lane” of the Fee plazas, then they shall pay a fee equivalent to two times of the fee applicable to that category of vehicles.” read the press release. 

Read the official announcement here: https://pib.gov.in/PressReleasePage.aspx?PRID=1624654

Earlier, only the vehicles without FASTag were charged this fine if they entered a designated FASTag lane at the fee plazas. 

FASTags were made compulsory by the Government of India from 15 December 2019 onwards, and so far, a total of 1.68 crore have been issued in the country.

SBI’s Warning to its FASTag users

The State Bank of India (SBI) has issued an advisory to all its customers who use the bank’s FASTag, to strictly follow the latest FASTag guidelines, to avoid paying hefty fines. 

The bank informed its customers of the same, with a tweet from its official account on 18 May.

SBI FASTag fees and charges

  • SBI charges Rs 100 for issuance of FASTag in all categories of vehicles. This amount is inclusive of all taxes. 
  • On applying for an SBI FASTag, the customer will be charged a security amount which is specific to the class of the vehicle. The amount will be refunded when the customer closes the FASTag account. 
  • A minimum balance amount should be maintained in the FASTag account as per the vehicle type. Click this link to know more

(Edited by Gayatri Mishra)

Like this story? Or have something to share?
Write to us: [email protected]
Connect with us on Facebook and Twitter.

If you found our stories insightful, informative, or even just enjoyable, we invite you to consider making a voluntary payment to support the work we do at The Better India. Your contribution helps us continue producing quality content that educates, inspires, and drives positive change.

Choose one of the payment options below for your contribution-

By paying for the stories you value, you directly contribute to sustaining our efforts focused on making a difference in the world. Together, let’s ensure that impactful stories continue to be told and shared, enriching lives and communities alike.

Thank you for your support. Here are some frequently asked questions you might find helpful to know why you are contributing?

Support the biggest positivity movement section image
Support the biggest positivity movement section image

This story made me

  • feel inspired icon
    97
  • more aware icon
    121
  • better informative icon
    89
  • do something icon
    167

Tell Us More

Shorts

Shorts

See All
 
X