Hotline: 1800 102 2007
Hotline: 1800 102 2007
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Banala Enterprises

  • Area Req
    100 - 500 Sq.ft
  • Investment Range
    INR 10000 - 50 K
  • No. Of Dealer/Distributor
    200-500
Business Details

About Us:

To reduce vehicular traffic at the toll plazas, the Government of India (GOI) has mandated all toll plazas, pan India, to make toll payments electronic by Dec 01, 2019. With this mandate, all vehicles traveling through toll plazas will have to mandatorily pay toll charges using FASTag.

FASTag is a simple to use, reloadable tag which enables automatic deduction of toll charges and lets you pass through the toll plaza without stopping for the cash transaction. FASTag is linked to a prepaid account from which the applicable toll amount is deducted. The tag employs Radio-frequency Identification (RFID) technology and is affixed on the vehicle's windscreen after the tag account is active.

FASTag is a perfect solution for a hassle-free trip on national highways. FASTag is presently operational at 407 toll plazas across national and state highways. More toll plazas will be brought under the FASTag program in the future.

We are looking for Sales and Service Agents throughout India district wise to sell FASTags.

Investment Details

Commenced Operations

Operations Commenced On 2016

Distribution Commenced On 2019

Distribution Details
Trade partners
Types of Channels Investment (If any) Margin / Commissions Area Requirement
7 Rs. 10000 - 50000 10% NIL
Expansion Locations
North

Delhi, Haryana, Himachal Pradesh, Jammu and Kashmir, Punjab, Uttaranchal, Uttar Pradesh

South

Kerala, Karnataka, Tamil Nadu, Andhra Pradesh, Telangana

East

Assam, Meghalaya, Mizoram, Tripura, Arunachal Pradesh, Manipur, Nagaland, West Bengal, Sikkim, Odisha

West

Gujarat, Rajasthan, Maharashtra, Goa

Central

Chhattisgarh, Madhya Pradesh, Bihar, Jharkhand

Union Territories

Andaman and Nicobar, Pondicherry, Chandigarh, Lakshadweep, Daman and Diu

Dealership Details

Exclusive territorial rights to a channel partner Yes

Performance guarantee to Channel Partner Yes

Anticipated percentage return on investment 20 %

Likely pay back period of capital for a Channel Partner 5-6 Months

Other investment requirements No

Property Details

Type of property required for this dealership opportunity Domestic

Floor area requirement 100 - 500 Sq.ft

Preferred location of unit dealership outlet Any Where

Agreement & Term Details

How long is the dealership term for? Lifetime

Interested in above brand? Submit your interest here.

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