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NETC FASTag - Issuer Banks (Aug'23)
Sr. No Issuer Member Bank Total Volume (in Mn) Approved % Deemed Approved %
1 PAYTM Paytments Bank 53.07 100% 0%
2 Canara Bank 0.14 100% 0%
3 IndusInd Bank 6.09 100% 0%
4 Yes Bank 2.72 100% 0%
5 Livquik Technology Pvt Ltd 0.6 100% 0%
6 South Indian Bank 0.32 100% 0%
7 Airtel Payments Bank 15.13 100% 0%
8 ICICI Bank 73.26 99% 1%
9 Nagpur Nagarik Sahakari Bank Ltd 0.03 99% 1%
10 Equitas Small Finance Bank 3.17 99% 1%
11 Federal Bank 0.99 98% 2%
12 Karnataka Bank 0.05 98% 2%
13 Jammu and Kashmir Bank 0 98% 2%
14 Cosmos Bank 0 98% 2%
15 AU Small Finance Bank 0.14 98% 2%
16 Bank of Maharashtra 0.04 98% 2%
17 UCO Bank 0 98% 2%
18 City Union Bank Limited 0.24 98% 2%
19 Saraswat Bank 0.09 97% 3%
20 Indian Overseas Bank 0.01 97% 3%
21 IDFC First Bank 82.69 97% 3%
22 Indian Bank 0.21 96% 4%
23 Union Bank of India 0.7 95% 5%
24 Kotak Mahindra Bank 16.57 95% 5%
25 Bank Of Baroda 3.54 95% 5%
26 Karur Vysya Bank 3.11 95% 5%
27 Punjab National Bank 0.14 95% 5%
28 Axis Bank Limited 12.57 92% 8%
29 HDFC Bank 20.61 91% 9%
30 IDBI Bank 2.48 88% 12%
31 Dombivli Nagari Sahakari Bank 0 77% 23%
32 Fino Payment Bank 0 74% 26%
33 Central Bank of India 0.08 73% 27%
34 State Bank of India 9.26 70% 30%
35 Bandhan Bank 0 0% 0%
36 Syndicate Bank 0 0% 0%
37 Punjab Maharashtra Bank 0 0% 0%
NETC FASTag - Acquirer Banks (Aug'23)
Sr. No Acquirer Banks Total Approved Volume (in Mn) Approved % DECLINED
BD % TD %
1 Airtel Payments Bank 1.54 99.99% 0.01% 0.00%
2 IDFC Bank 122.89 99.96% 0.03% 0.00%
3 Paytm Payments Bank 45.93 99.96% 0.04% 0.00%
4 Yes Bank 10.38 99.93% 0.07% 0.00%
5 HDFC Bank 10.45 99.89% 0.08% 0.02%
6 KVB Bank 0.16 99.77% 0.08% 0.15%
7 ICICI Bank 94.63 99.72% 0.28% 0.00%
8 Equitas Small Finance Bank 1.31 99.57% 0.43% 0.00%
9 Axis Bank 13.07 98.83% 1.13% 0.04%
10 State Bank of India 1.51 98.27% 0.98% 0.76%
11 Kotak Mahindra Bank 1.16 97.16% 2.70% 0.13%
12 IDBI Bank 5.81 96.19% 3.80% 0.01%

Glossary

  • Issuer Bank - The Issuer Bank is a member of NPCI which issues the ETC Tag to vehicle owner for the payment through ETC Tag.
  • Acquirer Bank - The Acquirer Bank is a member of NPCI who acquires the Toll Plaza to facilitate the acceptance of ETC transaction for the payment through ETC Payment System.
  • Deemed Approved - Deemed Approved percentage indicates the total percentage of deemed approved cases of the total transactions. When there is no response/ late response from issuer bank, then these transactions are considered as deemed approved.
  • Business Decline (BD) - Transaction decline due to business rules such as duplicate transactions or Tag ID not associated with issuer Bank etc.
  • Technical Decline (TD) - Transaction decline due to any technical reason such as bank ID is empty or not in correct format or exception code not in Database or not in correct format etc.