✓Save 80% on Premium ✓Zero Depreciation & Accessories Cover ✓Lock & Key Replacement Cover| Buy a Car Insurance Now!

Punjab National Bank FASTag - An Introduction

FASTags serve as rechargeable, easy to use tags that allow drivers to cross toll plazas without having to stop and engage in cash transactions. Since these tags are linked to prepaid accounts, each time toll charges are applicable, they are debited from the linked accounts. Once you activate your tag account, your FASTag is placed on your vehicle’s windscreen. RFID technology is utilised in order to make cashless transactions a possibility via the FASTag. Punjab National Bank’s FASTag programme falls under the broader National Electronic Toll Collection initiative that is supported by the Indian Highway Management Company Limited (IHMCL) as well as the National Highway Authority of India (NHAI).

How to Buy FASTag

As of January 2021, FASTag usage has been made mandatory. The government seeks to use this tag as a multi-utility payment tool that extends beyond national highways and involves parking lots in addition to other utilities over the long term. If you still haven’t availed of a FASTag for your vehicle, consider the steps mentioned below in order to avail of the same:

PNB FASTag – Apply Online

Step 1: Visit the official Punjab National Bank website – www.pnbindia.in

 

Step 2: Press the ‘Explore Products’ tab in order to select the ‘FASTag’ option

 

Step 3: Click on the ‘Get a Free FASTag Now’ button via the drop-down menu

 

Step 4: You will be redirected to a new page where you will be asked to fill out a form pertaining to yourself as well as to your vehicle

 

Step 5: Once the payment is completed, your FASTag will be delivered to your registered address

PNB FASTag – Apply Offline

If you would like to avail of a PNB FASTag, apply offline via any of the methods mentioned below.

Visit the Nearest PNB Branch

You can head on over to a PNB branch located closest to you and inquire about a FASTag. You will be directed to an executive that is knowledgeable on FASTag application. You will be required to provide them with appropriate documentation. That includes your vehicle registration and KYC documents. Once your details have been verified you will be provided with your PNB FASTag.

Visit a Toll Plaza

Toll plazas also have FASTag registration counters which sell FASTags. If you like, you can purchase a FASTag for yourself at one of these booths. As mentioned above, you will be required to hand over appropriate documentation pertaining to yourself and your vehicle. Once your details have been verified you will be provided with a FASTag.

Read More: FASTag Registration

PNB FASTag Fees and Charges

Owning a Punjab National Bank FASTag entails paying certain fees and charges. The list featured below highlights some of these costs.

Issuance Charge

This refers to the charge levied at the time of your FASTag being issued and currently amounts to INR 100. Additionally, a security deposit amounting to INR 200 is required to be paid.

Associated Charges

These charges are linked with recharging your PNB FASTag.

Reissuance Charges

In the event that you damage your FASTag, you will need to get it reissued. Charges associated with reissuance amount to INR 100.

The table featured below outlines the threshold amount applicable to varied vehicles keeping in mind their vehicular class.

Vehicle Class

Vehicle Class Description

Threshold Amount (in

)

4

Car / Jeep / Van

160

4

Tata Ace and similar mini-light commercial vehicles

160

5

Light commercial vehicle 2-axle/ Mini-bus

250

6

Bus - 3-axle

500

6

Truck - 3-axle

500

7

Bus - 2-axle / Mini-bus

350

7

Truck - 2-axle

350

12

Tractor

/ tractor with trailer

550

12

Truck - 4-axle

550

12

Truck - 5-axle

550

12

Truck - 6-axle

550

15

Truck - 7-axle and above

650

16

Earth-moving / heavy construction machine

550

Documents Required for Punjab National Bank FASTags

In order to buy a FASTag for your vehicle, you must have the following documents on hand:

  • KYC documents i.e., Aadhar card, voter ID, passport, or a valid driver’s license

  • Applicant’s PAN card

  • Vehicle owner’s passport-size photograph

  • Registration certificate of the vehicle in question

Read More : How Does FASTag Work?

PNB FASTag Recharge

There are a number of platforms that accommodate PNB FASTag recharges online. Some of these have been mentioned below.

Punjab National Bank FASTag Recharge through Bajaj MARKETS

Step 1: Download and open the Bajaj MARKETS application on your smartphone

 

Step 2: Select the ‘bill payment’ section

 

Step 3: Click on ‘FASTag service’

Step 4: Select your service provider from the options provided or search for it

Step 5: Fill out the vehicle number that uses the FASTag you want recharge

 

Step 6: Select the ‘View Sample Bill’ option to proceed

Step 7: Proceed by entering the amount you want to recharge your FASTag with.

Step 8: You will be required to select the UPI account you’ve registered with the Bajaj MARKETS application. In case you have registered multiple accounts, you must select the mode via which you want to make a payment

 

Step 9: Select the ‘pay’ option in order to fill out your UPI PIN and have your payment processed. Your Punjab National Bank FASTag recharge online will now be complete. 

You will now see a transaction status window that outlines the details pertaining to your transaction.

This QR code can be scanned to access the Bajaj MARKETS app with ease such that FASTag recharges can be done immediately.

 

Recharge Punjab National Bank FASTag via Paytm

Step 1: Download and open the Paytm application on your smartphone

Step 2: Press the ‘All Services’ option

 

Step 3: Now, select the ‘Recharge and Pay Bills’ option

 

Step 4: Here you will see the ‘FASTag recharge’ button

 

Step 5: Select the bank (PNB) that issued you this FASTag

 

Step 6: Enter the vehicle number associated with your FASTag account and complete the payment process.

Additional Punjab National Bank FASTag Recharge Options

Apart from the options provided above, listed below are alternative payment methods via which you can recharge your FASTag using various platforms:

  • Debit and credit cards can be used to make FASTag payments on the official Punjab National Bank website

  • Internet banking can also be conducted to process FASTag payments on the aforementioned website

  • UPI applications like PhonePe, Paytm and Google Pay allow for FASTag payments to be carried out

How to Check Punjab National Bank FASTag Balance

If you are curious about your FASTag and want to conduct a balance check, you can do so via the methods mentioned below.

  • Call the NHAI Helpline

As a FASTag owner, if your mobile number is registered with the prepaid wallet organized by the National Highway Authority of India, you can simply give a missed call to their toll-free number +91 88843 33331.

  • Visit the Official PNB Website

Head on over to the official Punjab National Bank website, key in your login details and view your FASTag balance with ease.

  • Use My FASTag App

This smartphone application is linked to the NHAI prepaid wallet. After you have downloaded it onto your smartphone you can enter your login details to view your balance.

Punjab National Bank (PNB) FASTag Customer Care

If you are eager to speak with a FASTag representative in order to have any of your queries addressed, you can call on the PNB FASTag customer care number. toll-free number is 1800 180 2222. You can also lodge a complaint pertaining to your FASTag on this number.

Conclusion

Not only is it now mandatory to have a FASTag for your vehicle but it also happens to provide you with the convenience of not having to wait while your cash transaction at a toll plaza gets processed. If you ever find that the balance on your FASTag has decreased, you can add to it by visiting the Bajaj MARKETS website or App.

Check Out Motor Insurance Plans Available at Finserv MARKETS

FAQs on Punjab National Bank FASTag

  • ✔️ Can I avail of a FASTag for my motorbike?

    FASTags aren’t available for motorbikes. Presently FASTags are available for four-wheelers only.

  • ✔️How long is a FASTag valid for?

    FASTags have a validity period that amounts to 5 years from the date of purchase. Depending upon the extent to which you use your FASTag you will be required to recharge it.

  • ✔️What should I do if I don’t receive a FASTag refund?

    In the event that you don’t receive a refund for your FASTag payment, you can get in touch with Punjab National Bank as it is the bank that issued you your FASTag. You can raise this dispute with them such that they can resolve it.

  • ✔️If I move to another city, will I need to buy a new FASTag?

    No, if you move to another city, you will not need to buy a new FASTag. FASTags have been designed such that they are able to work across all toll plazas located in the country. That being said, if you do happen to be moving from one city (or state) to another, it is recommended that you inform your FASTag issuing authority of the same.

  • ✔️My vehicle was recently stolen. How should I deal with my FASTag account?

    If your vehicle has been stolen, you can block the FASTag account that’s been linked to it by reaching out to the authority that issued you your FASTag. Once you call them via their customer care number and provide the details asked of you, your FASTag account will be blocked until further notice has been provided. 

Happy Customers of Finserv MARKETS

Getting a loan to take care of my wedding and relieving my parents to enjoy the occasion was the best decision I ever made. Easy-to-apply, amazing interest rate and quick disbursal, what more can one ask for!

I am passionate about the vehicle I drive. I want to protect it with the best available option. What amazed me was the full transparency, quick quotes and the attractive discount on the premium while choosing the annual payment option!

Check your personal loan eligibility in seconds!

My husband and I will finally move into our own house this Diwali. All thanks to Bajaj Finserv, with competitive interest rates, minimal processing fees and easy to repay EMIs, our dream saw the light of reality in no time!

Get the best FD interest rates starting @ 8.40%. Let's start!

Kids grow up fast and to fulfill their dream trip to Disneyland I had everything but instant funds. With no collateral or guarantor required and a hassle-free processing, I gifted my family a memorable trip to Orlando with just a click!

Get sum insured up to 1 Crore! Let's start!

The best way to start looking for health insurance is to do a close study of the coverage needs and checking the insurance company's claim ratio. No unnecessary jargons, easy to apply claims process and choice of premia!

Zero additional charge on part-payment option on Business loans! Let's start!

I bought my first iPhone using my Bajaj Finserv EMI Network Card. Zero downpayment with a No cost EMI on Bajaj Finserv EMI store just made my day!

Get home loan sanctioned online in 72 hours! Let's start!