FASTag Business: How much do agents selling FASTags near toll plazas earn?

If you travel on highways, you have likely seen agents selling FASTags near toll plazas. Have you ever wondered how much these agents earn from selling them?

If you frequently travel on highways, you have surely come across agents selling FASTags in the vicinity of toll plazas. These agents not only affix FASTags to vehiclesSTags to vehicles but also provide recharge services. This often leads people to wonder: how much do these agents actually earn? If you are curious about the earnings potential in this business, read on.

Many people assume that these agents earn money solely from selling new FASTags or performing recharges, but that is not the case. Their income is derived from a combination of sales, commissions from banks, margins on recharges, and other related services.

There are two ways to become a FASTag agent.

First, some agents working near toll plazas are employees of banks or third-party agencies. They typically receive a monthly salary ranging from ₹12,000 to ₹18,000, with the possibility of additional incentives upon meeting specific targets.

Alternatively, some individuals work as freelance agents. They obtain an agent ID by partnering with banks or aggregator platforms (such as Payworld). Their role involves issuing FASTags to customers and providing services like account recharges.

How much do those selling FASTags earn?

When a vehicle owner purchases a new FASTag, the agent receives a commission from the bank or the service provider. The exact amount of this commission depends on the category of the vehicle and the specific policy of the bank involved. Importantly, an agent’s earnings are not limited to the issuance of new FASTags. Often, when vehicles arrive at a toll plaza, drivers may find that their FASTag balance is insufficient; in such cases, they may need to use the agent’s recharge service. Agents can earn a commission on these recharges as well.

To illustrate the potential earnings, consider an agent who issues new FASTags for 8 cars and 4 trucks in a single day. If the agent receives a commission of ₹70 per car FASTag and ₹100 per truck FASTag, their total earnings for the day would amount to ₹960.

Additionally, if the agent facilitates recharges totaling ₹20,000, they would earn an extra ₹200 (based on a 1% margin). Including potential earnings from service charges, the agent’s gross daily income could reach approximately ₹1,460.

What would the monthly earnings be?

If an agent works for 26 days a month and earns approximately ₹1,460 per day, their total monthly gross income would be ₹37,960. However, it is important to note that daily earnings may vary and are not guaranteed to be the same every day.