SBI FASTAG BALANCE
FASTags, NCMC payments to become easier: You don't have to add money manually for each recharge
New recurring payments rule: The Reserve Bank of India (RBI) announced including recurring payments for Fastag, National Common Mobility Card (NCMC), etc. with auto-replenishment facility under the e-mandate framework.
3 new Rupay credit card rules: Now apply for EMIs, pay credit card bill, increase limit via UPI app; check details
Rupay credit card rules: The new features announced include EMI facility on the linked credit accounts on UPI app, Credit Account Bill Pavment, Instalment Payment and limit management. The NPCI has asked issuing entities like banks and card issuers to enable these features by May 31, 2024.
One Vehicle, One FASTag implemented; 9 important things all FASTag users should know
FASTag KYC: "NHAI has taken this initiative after the recent reports of multiple FASTags being issued for a particular vehicle and FASTags being issued without KYC in violation of RBI’s mandate," stated a PIB release.
How to close Paytm FASTag: Here's why you need to close your Paytm Payments Bank FASTag before March 15
How to deactivate Paytm FASTag: After March 15, no further funding or top-ups will be allowed in the FASTags issued by Paytm Payments Bank. It is suggested that you close your Paytm Fastag (especially if you do not have any balance amount in the FASTag) and procure a new one from another authorized issuer as soon as possible. Here's why.
Where to buy FASTag: Full list of NHAI-authorized FASTag issuers
List of FASTags issuers: The National Highway Authority of India (NHAI) has removed Paytm Payments Bank Ltd (PPBL) from its list of approved issuers for FASTag service. Here is the full list of authorized banks that are eligible to issue FAstags.
FASTag charges compared: HDFC Bank, ICICI Bank, SBI, Axis Bank, PNB, other top authorized issuers
FASTag charges: Here is a list of top FASTag issuers and the fees associated with FASTag, as per their websites on February 24, 2024. The security deposit amount considered is for cars, jeeps and others in the similar category.
FASTag KYC deadline over; steps to check if your FASTag is still active
FASTag KYC deadline: If your FASTag KYC is not complete there are chances that your FASTag has been deactivated or blacklisted. Note that a vehicle with a 'blacklisted FASTag is not allowed to pay toll using FASTag at the toll plaza.
Why only Paytm? If SBI refuses to listen to RBI, they will take action against it also: Rajnish Kumar, BharatPe
Rajnish Kumar of BharatPe says "UNO, owned by a bank with good governance, follows design principles for security and compliance. Fintechs, without a banking license, need self-regulation. Responsible behavior is crucial in the payment ecosystem to mitigate risks of fraud, cybercrime, and data breaches. Today, if you are seeing that India's banking system is much stronger, it is because the RBI has played a very critical role in providing that necessary supervision, guidance and regulations."
Paytm Payments Bank: The controversies and challenges ahead for India's fintech poster boy
The RBI's action prohibits the bank from accepting further deposits, conducting credit transactions, or carrying out top-ups on customer accounts after February 29. Paytm wallet users will still be able to use their existing balance until it is exhausted, but they will not be able to add any more money to their accounts. The RBI's move comes after concerns were raised about money laundering and questionable dealings within the bank.
Paytm hit: Can you still use wallet, Fastag? All your questions answered
The Reserve Bank of India barred all services of the Paytm Payments Bank Ltd (PPBL) on Wednesday, dealing a major blow to one of India's prominent fintech companies. But what does this mean for you, your wallet and related services?
HDFC Bank Swiggy Credit Card offers 10% cashback, higher than most cashback credit cards; is it a good deal?
HDFC Bank has joined hands with Swiggy, one of the most popular food and grocery delivery platforms in the country, to launch a co-branded credit card — the Swiggy HDFC Bank Credit Card. When compared with the two most popular platform-specific co-branded credit cards — Flipkart Axis Bank Credit Card and Amazon Pay ICICI Credit Card — the Swiggy HDFC Bank Credit Card looks quite attractive. Is it a good deal?
Send an SMS to check your SBI FASTag balance: Here's how
FASTags was made mandatory for all vehicles, private and commercial, from January 15, 2020.
Time to bet on infra sector! KNR Construction, Ashoka Buildcon can give 30-60% return in 1 year
Improving traffic movement and FASTag implementation are leading to strong toll collections. Improved toll collections are critical for faster monetization of Road assets by the Road Ministry and would also help companies that are looking to monetize their existing toll assets.
How to recharge SBI FASTag using YONO app
The National Highway Authority of India operates the FASTag, an electronic toll collection system in India. From January 15, 2020, FASTags is mandatory for all vehicles, both private and commercial.
SBI FASTag: How to recharge, buy
FASTags are issued by 22 certified banks through various channels such as point-of-sale (POS) terminals at National Highway toll plazas and select bank branches. They are also available on e-commerce platforms such as Amazon, etc.
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