SBI FASTag: According to the report of State Bank of India, transactions through FASTag are growing at a rate of 53 percent annually.
SBI FASTag: The trend of FASTag is increasing rapidly and a large number of people use it to pay tax at toll blocks. The biggest advantage of FASTag is that it does not require long lines at toll plazas. Through this, you can easily pay even if you do not have cash. Apart from this, cashback and other offers are also available on the use of Fastag. According to a report by State Bank of India, transactions through FASTag are growing at a rate of 53 per cent annually. In February 2022, 24.364 crore transactions have taken place through FASTag, compared to 15.896 crore in the same period a year ago.
If you also use FASTag for payment at toll plazas, then you can opt for SBI FASTag for this. Let us know what is special in SBI FASTag.
DA Hike News: Big gift to central employees and pensioners, Modi government approves additional installment of dearness allowance-relief
What is SBI FASTag?
SBI FASTag is a device that uses Radio Frequency Identification (RFID) technology to make toll payments directly from the prepaid or savings account linked to it. It is affixed on the windscreen of your vehicle. In this, you do not have to stop at the toll plaza and payment is done easily.
How to get SBI FASTag?
For more information regarding this, you can contact the customer care number 1800 11 0018. In this, the executive will help you to reach the nearest POS location (tag issuer). SBI has about 3000 POS locations across the country, where customers can buy FASTag.
These documents will be required to buy SBI FASTag
• For SBI FASTag, you have to apply in the bank.
• Vehicle Registration Certificate (RC)
• Vehicle owner’s photo
• ID and address proof
Account can be opened in two categories
Account can be opened in two categories in SBI FASTag. The first in this is Limited KYC Holders Account. The amount in this SBI FASTag account cannot exceed 10 thousand rupees. In this, the monthly reload limit is also 10 thousand rupees. The second category is Full KYC Holders Account. Under this, the amount in the account cannot exceed Rs 1 lakh. There is no monthly reload limit in this.
Income Tax Saving: Few hours are left for the end of the financial year, there is still a chance for tax saving, invest money here
Benefits of FASTag
- SBI FASTag users can easily make online payments even in the absence of cash.
- The tax amount is auto-debited from your account through SBI FASTag. With this, you do not have to stand in long lines and also save time.
- In this, instant SMS alert comes on the registered mobile number in case of toll transaction, low balance.
- All the information like transaction history, toll payment history, account balance can be seen in the portal.
- SBI FASTag account can be recharged easily and instantly online. SBI FASTag can be recharged online through Credit Card / Debit Card / Net Banking / IMPS etc.
How to recharge SBI FASTag account
- Login to YONO SBI.
- Click on YONO Pay.
- Click on FASTag in Quick Payments.
- You will get the option to recharge FASTag through UPI.
,