Union Bank FASTag and SBI FASTag are two leading electronic toll collection systems in India, revolutionizing highway travel with their seamless and convenient payment solutions. Here, we will compare the features, benefits, fees, charges, and processes associated with these providers, helping you make an informed decision.
We will delve into how Union Bank FASTag and SBI FASTag work, including toll payment mechanisms and tag recharge procedures. Additionally, we will highlight advantages such as reduced waiting time, online account management, and nationwide acceptance. From documentation requirements to checking balances and transaction history, we'll address common queries to ensure a smooth experience.
Union Bank FASTag
What is Union Bank FASTag?
Union Bank FASTag is an electronic toll collection system that enables automatic payment of toll charges at toll plazas in India. It uses radio frequency identification (RFID) technology to facilitate cashless transactions.
How does Union Bank FASTag work?
Union Bank FASTag is affixed to the windshield of a vehicle and is linked to a prepaid account. When a FASTag-enabled vehicle approaches a toll plaza, the RFID technology allows the toll charges to be deducted automatically from the linked account, without the need to stop at the plaza.
Features and benefits of Union Bank FASTag
Convenient and hassle-free toll payment experience.
Saves time and reduces congestion at toll plazas.
Online recharge facility for the FASTag account.
SMS and email alerts for transactions.
Online portal to access transaction history and account statements.
Validity of 5 years with easy renewal options.
Fees and charges for Union Bank FASTag
Joining Fee: ₹100 (One-time fee during the tag issuance)
Reissuance Fee: ₹100 (Applicable for tag replacement)
Convenience Fee: As per the Union Bank FASTag website, a convenience fee may be applicable for online recharge or other transactions. The specific fee amount can vary, so it's advisable to check the Union Bank FASTag website or contact their customer support for accurate details.
SBI FASTag
What is SBI FASTag?
SBI FASTag is a toll collection system provided by the State Bank of India (SBI). It enables automatic payment of toll charges at toll plazas in India using RFID technology.
How does SBI FASTag work?
SBI FASTag works similarly to other FASTag systems. It is affixed to the vehicle's windshield and linked to a prepaid account. When a FASTag-enabled vehicle approaches a toll plaza, the toll charges are deducted automatically from the linked account.
Features and benefits of SBI FASTag
Seamless and cashless toll payment experience.
Reduced waiting time and congestion at toll plazas.
Online recharge facility for the FASTag account.
SMS alerts for transactions and low balances.
Access to transaction history and account statements online.
Unlimited validity with easy renewal options.
Fees and charges for SBI FASTag
Joining Fee: ₹100 (One-time fee during the tag issuance)
Security Deposit: ₹200 (Refundable deposit)
Threshold Amount: ₹100 (Minimum recharge amount)
Reissuance Fee: ₹100 (Applicable for tag replacement)
Convenience Fee: As per the SBI FASTag website, a convenience fee may be applicable for online recharge or other transactions.
Documents required for FASTag application
The documents required for the FASTag application may include:
Registration Certificate (RC) of the vehicle.
Identity proof and address proof of the vehicle owner.
Passport-size photograph of the vehicle owner
How to check the FASTag balance?
To check the balance of your FASTag account, you can follow these steps:
Log in to your FASTag account through the Bank's FASTag website or mobile app.
The account balance will be displayed on the account dashboard or balance inquiry section.
You can also use Park+ for the same.
How to check FASTag transaction history?
To check the transaction history of your FASTag account, you can follow these steps:
Log in to your FASTag account through the Bank's FASTag website or mobile app.
Navigate to the transaction history or statement section.
Select the desired date range or transaction period to view the transaction history.
Park+ and FASTag
Union Bank FASTag and SBI FASTag offer convenient and efficient solutions for hassle-free toll payments on Indian highways. Both providers offer a range of features and benefits, ensuring a smooth travel experience. However, to simplify your FASTag management further, we recommend downloading the Park+ app. With the Park+ app, you can recharge your FASTag, check your balance, and access your transaction history with ease.
To learn more about FASTag and its functionalities, visit the FASTag webpage on Park+'s official website or explore the FASTag section within the Park+ app. By downloading the Park+ app, you not only gain access to a comprehensive FASTag management system but also unlock a range of other useful services for car owners.