What Is Punjab National Bank FASTag?
The Punjab National Bank FASTag is a reloadable tag fixed on the windscreen of the vehicle. Installing FASTag on your vehicle eliminates the need to carry cash for transactions and wait for long hours when you pass through the toll plaza. This is thereby considered one of the most convenient and hassle-free processes. FASTag account is linked with your prepaid account. Thus, with the automatic deduction of toll payments, you will receive an SMS alert.
The FASTag can be recharged through debit card, credit card, mobile banking and net banking. With the FASTag recharge online option, you can experience huge discounts and save money. Thus, the Punjab National Bank FASTag is an ideal option for saving time, energy and money.
How Does Punjab National Bank FASTag Work?
The Punjab National Bank FASTag employs Radio Frequency Identification (RFID) technology for deducting toll payments automatically on highways. As and when you approach a toll plaza with FASTag installed in your vehicle, the RFID reader scans the tag affixed to the windscreen of the vehicle. This system deducts the toll amount from the prepaid wallet. Thus, it helps eliminate the need to carry cash and lowers the waiting period at toll booths.
Moreover, there is an option of recharging the FASTag account online. To keep track of the account transactions, vehicle owners are sent an SMS alert for each transaction. Following this, they can maintain a balance in their account and note down deductions, if any. This efficient system not only helps to save time and money but also reduces the consumption of fuel and traffic congestion at toll plazas.
How to Apply for Punjab National Bank FASTag?
Applying for a Punjab National Bank FASTag is a smooth and convenient process designed to make toll payments hassle-free. For proper use of your Punjab National Bank FASTag, it is however mandatory to link the registration number of your vehicle. In offline method, you can apply for FASTag by visiting your bank's nearest branch.
Here is a detailed step-by-step guide stating how to apply for Punjab National Bank FASTag online:
Step 1: Go to the official website of the Punjab National Bank and click on ‘Apply Online’
Step 2: You will be directed to a new page. Click on ‘I Agree’
Step 3: Redirecting to a new page, press on the ‘Click Here’ tab
Step 4: If you are a retail customer, submitting necessary details such as your name, date of birth, gender, ID proof, information of the vehicle, email ID and contact number is mandatory to submit
Step 5: If you are a corporate member, enter your corporate name, category of vehicle, address, email ID, contact number, type of entity, etc.
Step 6: Click on 'Proceed' and finally to submit the application form, enter the 'Submit' tab
Punjab National Bank FASTag Fees and Charges
While applying for the Punjab National Bank FASTag, make sure to be aware of its fees and charges. A proper understanding of these charges will let you decide your budget and ensure a smooth and hassle-free application process.
To buy the Punjab National Bank FASTag, paying a threshold amount, an issuance fee and a security deposit is a must. This bank charges Rs. 100 as the issuance fee, Rs. 200 is charged as the threshold amount while the security deposit is Rs. 200. During the FASTag account close, the security deposit can be refunded. However, considering the category of vehicle chosen, both the threshold amount and security deposit varies.
Now, let us explore the fees and charges of Punjab National Bank FASTag considering the type of vehicle:
Vehicle Class No. | Type of Vehicle | Tag Deposit (Rs.) | Threshold Amount (Rs.) |
|---|
1 | Car / Jeep / Van / TATA Ace and similar mini light commercial vehicle | 200 | 100 |
2 | Light Commercial Vehicle | 500 | 150 |
3 | 3-axle Commercial Vehicle | 500 | 400 |
4 | Bus/Truck | 500 | 400 |
5 | 4 to 6-axle | 500 | 400 |
6 | 7 or more axle | 500 | 400 |
7 | Heavy Construction Machinery | 500 | 400 |
Documents Required for Punjab National Bank FASTag Online Apply
To apply for the Punjab National Bank FASTag and to complete the registration process, submitting relevant documents is a must. These documents help in establishing assurance of linking your FASTag account with your owned vehicle and identity. Alongside this, keeping the necessary documents ready also eases the application process and quick approval of the FASTag account.
Here are the required documents you need to submit for the online application of Punjab National Bank FASTag:
ID Proof
Address Proof
PAN Card
Original driving licence
Registration Certificate of your vehicle
Know Your Customer (KYC) documents
Passport-size photograph of the owner of the vehicle
Punjab National Bank FASTag Online Recharge
Recharging your Punjab National Bank FASTag online is one of the most convenient methods of ensuring the maintenance of sufficient balance for toll payments at plazas. The online process of recharging the bank account is simple and can be done through various digital platforms.
Follow the below step-by-step guide for recharging your PNB FASTag online:
Step 1: Go to the official website of the Punjab National Bank and click on the tab ‘Login/Online Recharge’
Step 2: You will be directed to a new page. Click on “I Agree”
Step 3: Enter the tab ‘Continue to Login’
Step 4: Provide your correct credentials of email address and password and then login into the portal
Step 5: Once logged in, you are eligible to recharge your FASTag account using credit card, debit card or internet banking
Methods to Check Your Punjab National Bank FASTag Balance
Keeping track of your Punjab National Bank FASTag account is essential to avoid hassle while travelling through toll plazas. The different methods PNB provides for checking balance ensure the maintenance of sufficient balance.
Here are the different methods followed for checking PNB FASTag balance:
Visit the PNB Official Website
Go to the official website of Punjab National Bank, provide login credentials and you can check out the FASTag balance with ease.
Call the NHAI Helpline
If you have your mobile number registered with the prepaid wallet being a FASTag owner, you will be eligible to give a missed call to their respective toll-free number +91 88843 33331.
Use My FASTag App
Download the My FASTagg App on your smartphone device and link it with the NHAI prepaid wallet. Once it is downloaded, logging the essential details you can display the balance on the screen
Key Benefits of Punjab National Bank FASTag
The Punjab National Bank FASTag provides several key benefits to ensure a smooth and hassle-free riding experience for drivers. This FASTag lets you experience a reduced waiting period at toll plazas, cashless toll payments and the deduction of charges applicable automatically from a linked bank account.
Here are the distinguishing features and benefits of Punjab National Bank FASTag:
Online Convenience: Recharging FASTag online is convenient and you can complete it anytime from the comfort of your home, using different modes of payment
Seamless Toll Transactions: Opting for a FASTag monthly pass recharge, you can cross both national and state-level toll plazas without stopping. This will help you to save time and lower traffic congestion on highways
Cashless Transactions: With Punjab National FASTag, you can enjoy cashless transactions. Thus, there is no need to carry cash for toll payments
Avoid Penalties: Regularly reviewing your FASTag account is a must to ensure the maintenance of sufficient balance. This will thereby help you avoid large penalty
Auto Deduction: FASTag automatically deducts toll charges from your linked account, thereby ensuring a smooth journey ahead
Tracking of Expenses: Tracking of expenses becomes easier with online access to the FASTag account
Access to Discounts: Many toll plazas are offering heavy discounts, especially to FASTag users, thereby leading to cost savings over time
Final Words
To conclude, the Punjab National Bank is the most convenient option for managing toll payments on Indian highways, aligning with the digital vision of the country. Getting a FASTag is a simple process involving a security deposit and an easy online recharge option. However, failing to maintain the minimum balance on your FASTag account for a long time will lead to deactivation of your FASTag account. This will let you pay twice the toll amount through cash.
Frequently Asked Questions
