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Federal bank FASTag is a new-age contactless toll collection method. Federal bank FASTag is a compact reloadable card that enables automatic deduction of toll charges from the respective bank account attached with the FASTag on the vehicle as one drives through the national highway toll plazas. Apart from net banking, the FASTag Federal bank online service under the toll collection National Electronic Toll Collection (NETC) initiative which provides a Federal Bank FASTag login helps facilitate cashless transactions operational at 498 toll plazas, facilitates checking the balance online, and helps keep the long queues from forming at the toll plazas.
To apply for Federal Bank FASTags, the customer needs to link their prepaid accounts with the FASTag. In the process, they will be required to add money into their e-wallets. After activation, a FASTag sticker is affixed to the windscreen of your vehicle. The tag readers at the toll plazas employ Radio Frequency Identification (RFID) technology to read the tag for Vehicle's information. When the vehicle drives through the dedicated FASTag lanes at the toll plaza, the relevant amount will be automatically deducted from the customer’s linked account.
Issuance charges of the Federal Bank tag are INR100, across all vehicle categories, inclusive of all applicable taxes. Other Charges are mentioned in the table:
|Vehicle Class||Vehicle Type||On-Boarding Fee (INR)||Security Deposit (INR)||Threshold Value (INR)|
|VC4||Car or SUV or MINI LCV||100||100||200|
|VC6||3 AXL Truck or Bus||100||0||300|
|VC7||Bus or Truck||100||0||300|
|VC12||4 to 6 AXL Truck or Bus||100||0||400|
|VC15||7 or More AXL Truck||100||0||500|
|VC16||HCM or EME like JCB||100||0||500|
Source:- Federal Bank website
Park+ offers you a quick and convenient way of recharging Federal Bank FASTag in just two simple steps. Here are the steps for the Federal FASTag recharge via Park+: - Enter your vehicle registration number or your car chassis number on the Park+ FASTag portal. Park+ will validate your bank FASTag name i.e Federal Bank with your vehicle’s FASTag - Once your FASTag account is validated, enter your desired recharge amount and click ‘Pay’.
The tag is automatically activated once you create your account for Federal FASTag online recharge by providing your details like your mobile number, ID proof, and your vehicle details. With an online FASTag portal, you reap the benefit of an online Federal FASTag balance check. Having a Federal Bank FASTag login portal reduces your hours both physically and mentally, without the frustration of scrolling your way to the Federal bank FASTag login on your phone screens!