Kotak Bank FASTag: Fee, Online Recharge, and How to Apply

Kotak Bank FASTag - Fee, Online Recharge, and How to Apply: In today’s fast-paced world, convenience is key. Whether you’re a frequent traveler or a daily commuter, stopping at toll plazas can be frustrating. That’s where Kotak Bank FASTag comes to the rescue. In this comprehensive guide, we’ll cover everything you need to know about Kotak FASTag, including fees, online recharge options, and the application process.

Kotak Bank FASTag

What is FASTag?

FASTag is a smart device that uses Radio Frequency Identification (RFID) technology to facilitate seamless toll payments. Affixed to your vehicle’s windscreen, it allows you to drive through toll plazas without stopping for cash transactions. Here are the key points:

1) Cashless Convenience: Say goodbye to fumbling for loose change or waiting in long queues. With FASTag, toll payments are deducted directly from your linked prepaid account.

2) Savings on Fuel and Time: By avoiding toll plaza stops, you save both time and fuel. No more idling in traffic!

How to Apply for Kotak FASTag

Applying for Kotak FASTag is straightforward. Follow these steps:

Online Application:

1) Visit Kotak FASTag and click on “Apply Now.”
2) Select “Personal Vehicle” and start the registration process.
3) Enter your Customer Relationship Number (CRN) and generate an OTP.
4) Input the OTP received on your registered mobile number.
5) Enter your vehicle number (you can apply for up to 5 vehicles by clicking “Add More Vehicles”).

Existing Kotak Customers:

1) If you’re already a Kotak customer, you can apply for FASTag through the Kotak mobile banking app.

Recharging Your Kotak FASTag Account

Keeping your FASTag account topped up is essential. You can recharge it online using any of the following methods:

1) Credit Card
2) Debit Card
3) Net Banking

Fees and Charges

Kotak FASTag has no issuance fee until December 1, 2024. However, it’s essential to stay updated on any changes in fees and charges. Always refer to the official Kotak Mahindra Bank website for the latest information.

Frequently Asked Questions (FAQs)

Is Kotak FASTag accepted at all toll plazas?

Yes, Kotak FASTag is operational at 773+ toll plazas across national highways, select state highways, and parking plazas. More toll plazas will be added in the future.

Can I use Kotak FASTag for parking payments?

Currently, Kotak FASTag can be used for parking payments at select locations. Check the Kotak website for details

How long is FASTag valid?

FASTag has a validity of 5 years and needs to be recharged as per transaction requirements

What are the benefits of using FASTag?

Cashless payments, time savings, and fuel efficiency are the primary benefits of using FASTag

Where can I apply for Kotak FASTag?

Visit Kotak FASTag to apply online or use the Kotak mobile banking app if you’re an existing customer

Kotak Bank FASTag: Fee, Online Recharge, and How to Apply

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