What is the South Indian Bank FASTag?
FASTag has been introduced as a joint initiative by the National Highways Authority of India (NHAI) and the National Payments Corporation of India (NPCI). It works as a medium for collecting tolls electronically for a hassle-free driving experience on the highways. Therefore, the advent of FASTag is regarded as one of the most favourable results of technological advancements. It is highly important because it enables automatic transactions from vehicles passing through the toll plazas without any human intervention.
Thus, the major purpose of FASTag is to reduce congestion on the highways and ensure an uninterrupted driving experience. Besides, purchasing a FASTag has been made a mandatory requirement for all registered vehicles in the country. You can also opt for online recharge services through different modes of online payment, such as net banking, cards, UPI, etc.
How Does the South Indian Bank FASTag Work?
FASTag technology is an electronic device affixed to a vehicle's windscreen. It needs to be linked to a prepaid account to enable automatic transactions. When vehicles pass through toll gates, toll payments are processed automatically using Radio Frequency Identification Technology (RFID).
Vehicle owners are not required to stop at the toll plazas to process the transaction, enabling them to have a seamless driving experience.
Nevertheless, you must remember that once you purchase a FASTag, it has a validity of 5 years. Hence, you will have to recharge it to keep it active. So, you need to have your South Indian Bank savings or current account linked with your vehicle. It ensures that whenever you need to recharge, you can just log in to your South Indian Bank account and recharge the FASTag using your credit or debit card or even net banking.
What are the Key Benefits of the South Indian Bank FASTag?
Go through the following points to learn about some of the key benefits of the South Indian Bank FASTag:
Through the South Indian Bank FASTag, you can opt for a cashless transaction whenever you travel through the toll plaza. You do not need to carry cash so you can experience a hassle-free transaction process without any technological complications.
FASTag enables electronic transactions, which ensures zero human intervention in the entire process of toll payments. It means you do not have to stop while you pass through the toll plazas, saving both your time and energy.
The South Indian Bank FASTag provides several modes of payment for vehicle owners to choose their convenient payment option, including credit cards, debit cards and net banking services.
The South Indian Bank FASTag has a validity period of 5 years, which means you do not have to opt for a FASTag recharge more often. You will get all this information about your FASTag validity period through instant SMS and alerts that enable you to remain updated with your FASTag account details.
Reduction in Road Congestion
Processing your toll plaza transactions through FASTag also reduces emissions and road congestion since vehicle owners do not have to stop at the tolls to process their toll payments.
How do I apply for the South Indian Bank FASTag?
The South Indian Bank is listed on the National Payment Corporation of India (NPCI), through which you can purchase a FASTag by visiting its official website. Given below is a simple step-by-step process on how to apply for the South Indian Bank FASTag:
Step 1: Visit the official website of South Indian Bank FASTag.
Step 2: Click on the “Register” option.
Step 3: Once you are redirected to a new page, fill in the required details in the form, such as your name, gender, DOB, vehicle number, PAN number, etc.
Step 4: Upload a scanned photograph of your vehicle.
Step 5: Provide your KYC details.
Step 6: After previewing the given information, click on the “Submit” button.
Step 7: Pay the required application fee based on the type of your vehicle.
After your documents and information are verified, your South Indian FASTag will be sent to your registered mailing address.
What are the Documents Required for the South Indian Bank FASTag?
Below is a list of documents you need to collect before initiating the process of purchasing the South Indian Bank FASTag. These include the following:
What are the South Indian Bank FASTag Fees and Charges?
The South Indian Bank FASTag charges a one-time of Rs. 100, which is inclusive of applicable taxes. Some of the other fees based on the categories of vehicles are shown in the table below:
Vehicle Class | Vehicle Type | Security Deposit | Threshold Amount |
---|
4 | Car/jeep/van/mini LCV | Rs. 200 | Rs. 100 |
5 | LCV | Rs. 300 | Rs. 140 |
6 | 3 Axle Bus | Rs. 400 | Rs. 300 |
6 | 3 Axle Truck) | Rs. 400 | Rs. 300 |
7 | 2 axle Bus/truck/minibus | Rs. 400 | Rs. 300 |
12 | tractor/tractor with trailer | Rs. 500 | Rs. 300 |
12 | 4 to 6 Axle | Rs. 500 | Rs. 300 |
15 | 7 or more axle | Rs. 500 | Rs. 300 |
16 | Heavy construction machinery/ Earth Moving equipment | Rs. 500 | Rs. 300 |
Please note that the security deposit is refundable at the time of tag closure.
What are the Methods to Recharge the South Indian Bank FASTag Online?
The South Indian Bank FASTag allows you to recharge using several digital platforms for an easy and seamless transaction process. Recharging FASTag enables you to save time that you would have spent in the toll plazas, adding to your convenience.
Here are different types of methods for instant South Indian Bank FASTag recharge online:
FASTag Recharge Using South Indian Bank FASTag Official Portal
Follow the given steps to recharge FASTag through the South Indian Bank FASTag Official Portal:
Step 1: Visit the official website of the South Indian Bank FASTag.
Step 2: Go to the “FASTag” option.
Step 3: Click on the “Continue to Login” button.
Step 4: Enter your South Indian Bank login credentials to access the official South Indian Bank FASTag site.
Step 5: Navigate to the section where you see the FASTag wallet ID and the amount to be paid to recharge.
Step 6: Make the payment using any of the available payment methods
FASTag Recharge Using UPI Handle
Given below are the steps to recharge FASTag through UPI:
Step 1: Log in to the UPI app at your convenience with your credentials.
Step 2: Navigate to the FASTag section.
Step 3: Click on “Recharge FASTag”.
Step 4: Click on “Add New Vehicle”.
Step 5: Navigate to the South Indian Bank and select.
Step 6: Enter the vehicle number.
Step 7: Select your UPI ID.
Step 8: Enter the amount and proceed to pay.
FASTag Recharge Through NETC FASTag Customer Login
You can refer to the following steps to recharge FASTag through NETC FASTag customer login:
Step 1: Visit the official website of NETC.
Step 2: Log in to your account using your registered mobile number.
Step 3: Click on “Generate OTP”.
Step 4: Enter the OTP in the designated place to log in to your account.
Step 5: Now, there is a suitable recharge option.
Step 6: Enter the amount to be paid and proceed to pay.
Final Words
To sum it up, FASTags promotes a cashless transaction facility to ensure a seamless driving experience for vehicle owners on the highways. Apart from this, the South Indian Bank FASTag also comes with several constructive benefits, like saving time and fuel, reducing road congestion and emissions, and many others. Hence, FASTag is rightly considered one of the most crucial results of technological advancements within the country's transportation system. Therefore, if you are planning to purchase a vehicle, make sure to opt for a FASTag as soon as possible.
Frequently Asked Questions