26 FASTag Issuing Banks – But only 9 on BBPS

Indian highway users can buy FASTag for their vehicles from 25 Banks and 1 Bank Neutral Service Provider i.e. Indian Highways Management Company Ltd.

However, users of only the below 9 FASTag Issuers can recharge their FASTag via BBPS.

01        IndusInd Bank- FASTag     Fastag Recharge

02        Indian Highways Management Company Ltd – FASTag        Fastag Recharge

03        Indusind FASTag     Fastag Recharge

04        ICICI Bank-FASTag   Fastag Recharge

05        Bank of Baroda - Fastag    Fastag Recharge

06        Axis Bank - Fastag   Fastag Recharge

07        HDFC Bank-FASTag Fastag Recharge

08        IDFC FIRST Bank - FasTag  Fastag Recharge

09        Kotak Mahindra Bank-FasTag      Fastag Recharge

All other FASTag users have to choose alternate recharge methods.

I’m waiting for the day when all FASTag issuers onboard BBPS for FASTag recharge.

This will be a golden day in the history of BBPS when 100% of Billers in a respective category are on BBPS

What is stopping the remaining FASTag issuers to onboard BBPS?

List of FASTag Issuing Banks as on 11/08/2020

Sr. No.            Member Banks        Issuer Acquirer

1          Airtel Payments Bank        Yes      -

2          Allahabad Bank                   Yes      -

3          Axis Bank Ltd                       Yes      Yes

4          Bank of Baroda                   Yes      -

5          Canara Bank                         Yes      -

6          City Union Bank Ltd           Yes      -

7          Equitas Small Finance Bank          Yes      -

8          Federal Bank                        Yes      -

9          FINO Payments Bank         Yes      -

10        HDFC Bank                           Yes      Yes

11        ICICI Bank                             Yes      Yes

12        IDBI Bank Ltd.                      Yes      -

13        IDFC FIRST Bank                  Yes      Yes

14        Indusind Bank                     Yes      Yes

15        Karur Vysya Bank                Yes      Yes

16        Kotak Mahindra Bank        Yes      Yes

17        Nagpur Nagarik Sahakari Bank   Yes      -

18        PAYTM Bank                         Yes      Yes

19        Punjab Maharashtra Bank Yes    -

20        Punjab National Bank        Yes      Yes

21        Saraswat Co-operative Bank        Yes      -

22        South Indian Bank              Yes      -

23        State Bank of India Yes      Yes

24        Syndicate Bank                    Yes      -

25        Union Bank of India           Yes      -

26        Yes Bank Ltd                         Yes      -