A cutting-edge contactless toll-collecting system is Federal Bank FASTag. The Federal Bank FASTag is a small, reloadable card that permits toll costs to be automatically deducted from the associated bank account when a vehicle passes through a toll plaza on a national highway.
In addition to offering a Federal Bank FASTag login, the FASTag Federal Bank online service provided by the National Electronic Toll Collection (NETC) initiative aids in the facilitation of cashless transactions available at 498 toll plazas, the checking of the FASTag balance, and the prevention of long lines from forming at the toll plazas.
Let’s read further about the Federal Bank FASTag system in this article, so keep looking forward to it.
About Federal Bank:
The premier private sector bank in India is Federal Bank, established in 1931. The bank, headquartered in Kochi, Kerala, is well-known nationwide because of its extensive branch and ATM network
Retail, corporate, treasury and international banking are just a few of the financial services and products that Federal Bank provides to its clients. The bank is known for its customer-focused philosophy, technical advancements, and individualized service.
Offering digital banking solutions, mobile banking, and online payment services, Federal Bank is dedicated to maximizing the use of technology to improve the client experience. It has won several awards for its effectiveness and level of customer care, solidifying its position as a reputable name in the Indian banking sector.
What is the operation of Federal Bank FASTag?
Customers must link their prepaid accounts with the FASTag to apply for Federal Bank FASTags. They will have to fund their e-wallets during the procedure. A FASTag sticker is applied to your car’s windscreen after activation.
The tag readers use Radio Frequency Identification (RFID) technology at the toll booths to read the tag and obtain information about the vehicle.
The appropriate sum will be debited automatically from the customer’s connected account when the car passes through the designated FASTag lanes at the toll plaza.
What characteristics do Federal Bank FASTags offer?
- Customers who pay for tolls with a Federal Bank FASTag are exempt from carrying cash and are not needed to get specific change.
- Using the Federal Bank FASTag, the appropriate amount may be automatically debited to speed up and save time at toll booths.
- With a credit card, debit card, or internet banking, the Federal Bank FASTag may be refilled online.
- You will get immediate SMS alerts for toll transactions, low balances, and other occurrences on your registered mobile number.
- Customers, banks, and vendors can access the FASTag online portal. 5 Years of Persistence
- 2019–20, a 2.5 percent cash rebate will be applied to all National Highway Toll Plazas transactions.
- By lessening paper consumption and air pollution, it benefits the environment.
- The societal advantages are fewer toll payment issues and analytics for improved highway management.
- Reduced maintenance work on toll plazas and central monitoring are two economic advantages.
What Are The Federal Bank FASTag Fees/Charges?
All vehicle types’ issuance fees for the Federal Bank tag are Rs. 100, including all relevant taxes. The table includes the following additional fees:
Here is the table from the official sources of the Federal Bank, so take a look at it.
Vehicle Class | Type of Vehicle | On-Boarding Fee in Rs. | Security Deposit in Rs. | Threshold Value in Rs. |
VC4 | Car or SUV or MINI LCV | 100 | 100 | 200 |
VC5 | LCV | 100 | 100 | 200 |
VC6 | 3 AXL Truck or Bus | 100 | 0 | 300 |
VC7 | Bus or Truck | 100 | 0 | 300 |
VC12 | 4 to 6 AXL Truck or Bus | 100 | 0 | 400 |
VC15 | 7 or More AXL Truck | 100 | 0 | 500 |
VC16 | HCM or EME like JCB | 100 | 0 | 500 |
How Do I Use Park + To Recharge My Federal Bank FASTag?
- Park+ provides a quick and handy method to recharge the Federal Bank FASTag in just two easy actions. The Federal FASTag can be recharged using Park+ in the following ways: – On the Park FASTag interface, enter your car’s chassis number or registration number.
- Park will verify your bank’s FASTag name, Federal Bank, against the FASTag of your car. – Enter the required recharge amount and click Pay after verifying your FASTag account.
Advantages of Park+ FASTag recharge:
Here are the advantages of PARK+ in FASTag recharge in Federal Bank:
- The Park+ app and website also offer a Federal FASTag recharge gateway, giving consumers quick and straightforward access to other services like monitoring the amount on their FASTag.
- When you purchase a FASTag through Park Plus, you can access perks such as using the FASTag at petrol stations, society gates, corporate gates, and parking lots to deduct any applicable taxes or fees as necessary.
- You may park cashless with Park+ in several parking lots nationwide, further enhancing the advantages of using their services.
- Using the Park+ app or website, you may also check your Federal bank FASTag balance.
Federal Bank FASTag Activation Instructions:
- The tag is instantly activated once you create your Federal FASTag online recharge account by supplying information such as your mobile number, ID proof, and vehicle data.
- You may benefit from an online Federal FASTag balance check using an online FASTag portal. A Federal Bank FASTag login gateway can reduce physical and mental labor instead of enduring the aggravation of navigating your phone’s screen to get there!
Application for a Federal Bank FASTag- Required Documents:
The list of paperwork required to apply for your Federal FASTag is provided here:
- FASTag application form duly completed and signed.
- Identity documentation (driver’s license, Aadhaar card, voter ID card, etc.)
- Registration Certificate for Vehicle pictures of the car from the front, back, left, and right.
- If your car is brand-new, you must provide a good photo of the chassis number.
The process for renewing your FASTag at Bajaj Markets:
Your FASTag is conveniently rechargeable as needed. What you need to do is as follows.
- Open the Bajaj Markets app and select ‘Bill Payment.’
- Pick ‘FASTag’ from the available services.
- Select a service provider from the available list.
- Type in your number plate number.
- Put in the amount you wish to use to reload your FASTag.
- To process the payment, enter your UPI PIN.
- A transaction receipt will be given to you after the recharge. To access the FASTag recharging page, scan this QR Code.
How to Check the Balance of a Federal Bank FASTag?
You may check your Federal Bank FASTag balance in several different ways. Following is a list of some of them:
Actual Federal Bank website:
- Access the NETC Federal Bank FASTag website https://netcfastag.federalbank.co.in/.
- Use your registered cellphone number to log in.
- Input the OTP that was delivered to your phone.
- On the screen, the balance will be displayed.
Paytm:
- Visit the Paytm app’s “FASTag section”
- Use your cellphone number and OTP to log in.
- From the list of FASTag services provided by Paytm, check your balance.
Service For FASTags At Federal Bank:
Federal Bank offers a specialized 24-hour customer service team for any problems or questions. They may be reached at 1800 266 9520, a toll-free number. You may also send them an email at fblnetcsupport@federalbank.co.in.
Frequently Asked Questions:
A. The Federal Bank FASTag is an electronic toll collection system that dispenses with the requirement for cash transactions at toll plazas by allowing drivers to pay toll costs online. It is a pre-paid RFID tag connected to the customer’s Federal Bank account attached to the car’s windscreen.
A. You can go to a Federal Bank branch or the bank’s official website to apply for a FASTag. You must provide the required paperwork, including information on your vehicle’s registration, KYC records, and a passport-sized photo. Your Federal Bank account will be connected to your FASTag.
A. All toll booths in India accept Federal Bank FASTag. It is acceptable for use on interstates, state roads, and city toll plazas.
A. You have various options for recharging your Federal Bank FASTag, including the bank’s website, mobile banking app, UPI, and branch locations. You may connect your FASTag to your Federal Bank account to enable smooth and automated recharging.
A. There are several advantages to using Federal Bank FASTag, including shortened travel distances, cashless transactions, and simple toll collection. Additionally, it removes the necessity for carrying loose coins and long lines at toll booths, making your road trips more practical and effective.
To Sum Up:
In conclusion, Federal Bank’s FASTag electronic toll-collecting system is dependable and straightforward. It provides a quick and easy option for drivers to pay toll fees online, eliminating the need for cash transactions and lessening traffic at toll plazas.
Federal Bank FASTag is extensively recognized in India at toll plazas, providing easy and convenient highway travel. Federal Bank FASTag has become popular among commuters thanks to its simple application procedure, rapid activation, and user-friendly features.
Because of the bank’s dedication to technology advancement and customer care, Federal Bank FASTag is now a well-respected option for drivers, encouraging safer and more effective travel.