What Is KVB Bank FASTag?
The KVB Bank FASTag is a reloadable tag installed in vehicles’ windscreens to ensure hassle-free journeys on highways. In India, this electronic toll collection system automatically deducts toll charges from the linked account. It consists of Radio Frequency Identification (RFID) technology that reads the tag scanner as and when you approach a toll plaza. After reviewing the scanner, toll charges are automatically deducted.
The FASTag has a unique identification number displayed during toll payments. With smoother access to the FASTag account, you can carry out toll transactions seamlessly. It also helps to save time, cost, and fuel.
How Does KVB Bank FASTag Work?
The KVB Bank FASTag is an electronic toll system that lets you drive seamlessly with automatic deduction of toll charges when passing by toll plazas. Let's look into how this bank FASTag works:
Get a KVB Bank FASTag: You can get a KVB Bank FASTag online by visiting its official website or your nearest KVB Bank branch. The FASTag is a sticker that is fixed to your vehicle's windscreen.
Activate and Link Your FASTag: Once you get the FASTag, it's important to activate it and link it with your KVB Bank account. You can do this by visiting the online portal. Make sure to maintain enough funds in your linked account for the automatic deduction of toll transactions.
Fix the FASTag on Your Vehicle: Fix the KVB Bank FASTag on the top centre portion just behind the rear-view mirror. The FASTag should be visible on your vehicle.
Automatic Toll Deduction: As and when you approach any toll plaza, the RFID reader scans your FASTag, and the amount is deducted automatically. Thus, FASTag enables you to travel cashless.
SMS Alert Instantly: After deduction, you will receive an SMS alert on your registered mobile number to view the amount deducted and the FASTag balance. This way, you can track your expenses on toll plazas and maintain transparency.
Account Management: KVB Bank has an online portal to log and view the transaction history and recharge your FASTag account through various modes of payment such as debit card, credit card, UPI, or net banking
Recharge: To experience a hassle-free journey on national and state highways, make sure to maintain a sufficient balance in your prepaid wallet. You can recharge your FASTag account using several options, including digital platforms.
How to Apply for KVB Bank FASTag
If you are worried about how to apply for KVB Bank FASTag, visit your nearest branch or call the customer care centre at 1800 102 1916 to resolve your FASTag inquiries. The customer care executives are eager to guide you and resolve your problems. Thus, this bank offers both offline and online modes for reviewing applications and submitting necessary documents through the portal.
If you are willing to follow the online mode, follow the below-mentioned steps for KVB Bank FASTag:
Step 1: Go to the official website of Karur Vysya Bank (KVB) FASTag and click on the "Apply" option located on the home page
Step 2: In the application form, fill up with all necessary personal and professional details
Step 3: Provide your valid address and ID proof
Step 4: After reviewing the necessary documents, scan them and carefully upload them. Once uploaded, click on the 'Submit' option.
Step 5: Enter your state, district, and pin code
Step 6: Click on the terms and conditions stated and finally submit the application
Following the above steps, you can complete applying for KVB Bank FASTag.
KVB Bank FASTag Fees and Charges
The KVB Bank FASTag charges a fee of Rs. 100, including GST and taxes. A minimum security fee, based primarily on the specific category of vehicle (refundable during cancellation or closure of the RFID tag), is also mandatory.
The table below displays the minimum recharge amount, security deposit, and threshold limit considering the different categories of vehicles:
Class of Vehicle | Type of Vehicle | Minimum Recharge Amount (in INR) | Refundable Security Deposit (in INR) | Threshold Limit (in INR) |
|---|
4 | Car / Jeep / Van/ Tata Ace and similar mini light commercial vehicle | 200 | 200 | - |
5 | Light Commercial Vehicle | 200 | 300 | 150 |
6 | Three Axle Commercial Vehicles | 500 | 400 | 300 |
7 | Bus/Truck | 500 | 400 | 300 |
12 | 4 to 6 axle | 500 | 500 | 300 |
15 | 7 or More Axle | 500 | 500 | 300 |
16 | Heavy Construction Machinery (HCM)/Earth Moving Equipment (EME) | 500 | 500 | 300 |
Documents Required for KVB Bank FASTag Online Apply
For instant KVB Bank FASTag recharge, keeping documents ready is essential. The documentation process the bank follows is simple and hassle-free. Because the KVB FASTag has a link with an account, the documentation will be carried out following the bank's KYC policy.
The documents needed are separately for registered and non-registered vehicles:
For Registered Vehicles
The registered vehicle owners should keep the following documents ready:
For Non-Registered Vehicles
Here are the documents essential for vehicles not registered yet:
KVB Bank FASTag Online Recharge
Maintaining a sufficient balance in your wallet is essential. You can recharge the KVB Bank wallet with up to Rs. 1.00 Lakh. Here is a detailed step-by-step guide stating FASTag recharge online:
Step 1: Visit the official portal of KVB Bank and log in using your password, mobile number, and captcha code
Step 2: Once you sign into the account, recharge using your preferred mode of payment, including debit card, credit card, or Internet banking
Methods to Recharge Your KVB Bank FASTag
There are various ways to learn how to recharge FASTag online and offline. Let’s explore them step by step below.
Step 1: Go to the Play Store or Apple Store of your smartphone device and download the KVB DLite app or KVB Upay app.
Step 2: Open the app and log in using your UPI ID and password
Step 3: Choose the FASTag option in the app for instant transfer of funds to your respective KVB FASTag account
Step 4: Enter the desired recharge amount and then choose ‘Send Now’ to transfer the amount
Upon successful transaction, your FASTag account is recharged, and the balance is displayed on the screen instantly.
To recharge the KVB Bank FASTag, visit your nearest KVB branch and use a cheque or cash.
Through KVB FASTag Customer Portal
To recharge through the KVB FASTag customer portal, you need to log into the official portal using your login ID and mobile number and then recharge the amount you wish to use with a credit card, debit card, KVB Net Banking, UPI, or Payment Gateway.
Final Words
To conclude, getting a FASTag with KVB Bank will make your journey comfortable and hassle-free with seamless transactions. Additionally, it is mandatory to maintain a minimum balance on your FASTag account, which will let you avoid standing in long queues and embrace transparency with KVB Bank FASTag for your upcoming trip. Get your FASTag today and enjoy efficient traffic flow with less congestion.
Frequently Asked Questions
