CANETC (NETC-National Electronic Toll Collection)

Eligibility:

1. Fleet owners,
2. Transporters,
3. Logistics companies,
4. Passenger buses etc.

Minimum Balance:

1. Average quarterly balance to be maintained Rs 5,000/-
2. In addition to lien amount of Rs. 5000/- an additional amount of Rs.1,000/- i.e. in total Rs. 6,000/- would be considered as threshold amount for facilitating NETC transactions

Interest Rates:

Features & Benefits:

1. No cheque book would be issued to CANETC account.
2. No debit Card would be issued to CANETC account.
3. Internet banking facility only for viewing purpose
4. Credit transactions to the account shall be permitted through cash deposit/ cheque deposit/ NEFT/ RTGS/ IMPS, etc.
5. No need to carry cash or exact change at the toll plaza since toll fare amount would be directly debited from CANETC account.
6. Saves fuel and time since no vehicle queuing at toll plazas.
7. Reduce cash handling at toll plazas.
8. SMS alerts for each NETC transaction.
9. Unlimited FasTags will be issued to the CANETC account

Service Charges:

Charges as applicable to Regular Current Account.

Documents: