With the introduction of new technology at toll plazas, the trend of FASTag has increased rapidly. With the advent of FASTag, people have got some relief from the problem of jam at toll plazas. Even if you do not have cash, you can easily pay through it. Apart from this, cashback and other offers are also available on the use of Fastag.
A report by State Bank of India shows that transactions through FASTag have grown by 53% annually. In February 2022, 24364 crore transactions have been done through FASTag, as compared to 15.896 crore in the same period a year ago. If you are also using it then you can choose SBI FASTag.
How does SBI FASTag work?
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. There is no need to stop at the toll due to its mounting on the vehicle. To get it, one has to go to the nearest POS location. From here you can buy customer FASTag or you can contact customer care number 1800 11 0018.
These documents are needed
To buy SBI FASTag, one has to apply to the bank. With which you will have to provide the Registration Certificate (RC) of the vehicle, photo and ID and address proof of the vehicle owner. In this account can be opened in two ways. The amount in Limited KYC Holders Account cannot exceed Rs 10,000. On the other hand, money up to Rs 1 lakh can be deposited in the second full KYC holders account.
how to recharge
Instant online recharge can be done in SBI FASTag account. SBI FASTag can be recharged online through credit card, debit card, net banking and IMPS etc.
Apart from this, recharge can also be done by logging on to YONO SBI. Here you have to click on YONO Pay. Then click on FASTag in Quick Payments. After which you will get the option to recharge FASTag through UPI.