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NETC Ecosystem Statistics

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NETC FASTag - Issuer Banks (Apr'22)
NETC FASTag - Issuer Banks (Apr'22)
Sr. No Issuer Member Bank Total Volume (in Mn) Approved % Deemed Approved %
1 ICICI Bank 66.55 98.91% 1.09%
2 IDFC Bank 59.97 98.12% 1.88%
3 PAYTM Bank 59.95 99.82% 0.18%
4 Airtel Payments Bank 14.78 8.30% 91.70%
5 HDFC Bank 12.06 96.96% 3.04%
6 Kotak Bank 11.33 94.23% 5.77%
7 Axis Bank Ltd 9.96 90.13% 9.87%
8 IndusInd Bank 8.13 98.52% 1.48%
9 State Bank of India 6.75 96.65% 3.35%
10 Karur Vysya Bank 3.37 95.18% 4.82%
11 Bank Of Baroda 3.10 98.63% 1.37%
12 EQUITAS SMALL FINANCE BANK 3.04 97.89% 2.11%
13 Yes Bank 2.36 96.83% 3.17%
14 IDBI Bank 2.02 95.67% 4.33%
15 Federal Bank 0.94 62.37% 37.63%
16 South Indian Bank 0.37 97.75% 2.25%
17 City Union Bank Limited 0.26 98.38% 1.62%
18 Union Bank of India 0.21 97.73% 2.27%
19 Canara Bank 0.19 99.62% 0.38%
20 Punjab National Bank 0.17 49.77% 50.23%
21 Indian Bank 0.12 97.89% 2.11%
22 Saraswat Bank 0.11 97.38% 2.62%
23 AU Small Finance Bank 0.09 98.75% 1.25%
24 Central Bank of India 0.07 96.76% 3.24%
25 Bank of Maharashtra 0.04 95.62% 4.38%
26 Nagpur Nagarik Sahakari Bank Ltd 0.03 97.69% 2.31%
27 Fino Payment Bank 0.01 94.83% 5.17%
28 Karnataka Bank 0.01 46.05% 53.95%
NETC FASTag - Acquirer Banks (Apr'22)
NETC FASTag - Acquirer Banks (Apr'22)
Sr. No Acquirer Banks Total Approved Volume (in Mn) Approved % DECLINED
BD % TD %
1 IDFC Bank 105.55 99.89% 0.11% 0.00%
2 ICICI Bank 83.78 99.78% 0.14% 0.09%
3 Paytm Payments Bank 44.52 99.98% 0.02% 0.00%
4 Axis Bank 12.18 91.15% 8.85% 0.00%
5 State Bank of India 8.37 71.23% 28.75% 0.02%
6 IDBI Bank 6.52 97.34% 2.63% 0.03%
7 HDFC Bank 6.39 92.44% 7.42% 0.14%
8 Yes Bank 2.12 99.94% 0.06% 0.00%
9 Airtel Payments Bank 1.80 51.67% 48.33% 0.00%
10 Equitas Small Finance Bank 0.06 99.79% 0.21% 0.00%

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.