The Indian Overseas Bank FASTag initiative is in sync with the National Electronic Toll Collection (NETC) drive, aiming to facilitate cashless toll transactions on highways. The IOB FASTag is available for purchase through both online and offline channels. It remains valid for 5 years starting from the date of issuance, enabling effortless and smooth toll collection at national highways and selected state highways.
What is FASTag?
FASTag is a digital toll payment system that allows for cashless transactions at toll plazas. The FASTag is a reloadable tag that incorporates a magnetic strip that works on Radio Frequency Identification (RFID) technology. The tag is affixed to the vehicle’s windscreen. Every time the vehicle passes through the FASTag lane at a toll plaza, it facilitates the automatic deduction of toll fees from the linked FASTag account.
Benefits of Using IOB FASTag in 2023
FASTag offers a range of benefits. These are:
- Indian Overseas Bank FASTag is a perfect solution for a hassle-free trip on national highways.
- The tag enables the automatic deduction of toll charges. So there is no more stopping at toll plazas for cash transactions.
- The bank provides a facility to its CASA (current account savings account) customers to recharge the FASTag wallet automatically from their IOB bank account when the wallet reaches a low balance.
- Receive automatic and instant SMS updates each time the toll amount is deducted.
- Avail easy IOB FASTag login into a dedicated web portal for customers for FASTag account statements.
- Enjoy easy FASTag recharge online IOB through Debit card and Net Banking.
How to Buy Indian Overseas Bank FASTag Online in 2023?
How to get FASTag from IOB bank? To apply for Indian Overseas Bank FASTag online, customers can schedule/request a call back at the bank’s official FASTag website link. The steps involved are:
- Visit IOB’s official FASTag website link.Â
- Click on the ‘contact’ tab available in the top header.
- Provide information regarding your name, email, and phone number.
- Submit the details to schedule a callback.
Once the IOB FASTag apply online process is complete you will receive a callback from a bank representative who will help you complete the FASTag application formalities. You may also call customer care at 1800 425 4445, 1800 890 4445 to schedule a callback. The bank representative will get in touch with you and help you complete the formalities to get your Indian Overseas Bank FASTag.
How to Buy Indian Overseas Bank FASTag Offline in 2023?
To buy Indian Overseas Bank FASTag offline, you may visit the nearest IOB Bank branch. You will be required to fill up the FASTag application form available over the counter. Carry original documents as well as a photocopy of your vehicle’s RC copy and KYC documents.
What are the Different Portals to Avail Free Indian Overseas Bank FASTag in 2023?
In addition to the dedicated website link or visit to the bank branch, customers can buy Indian Overseas Bank FASTag through the following channels:
IOB FASTag Through Paytm
Digital wallets like Paytm are extremely popular to buy Indian Overseas Bank FASTag. The steps involved are:
- Login to the Paytm app on your smartphone.
- Type ‘Buy FASTag’ in the search tab.
- Choose Indian Overseas Bank as the FASTag issuing bank.
- Enter the vehicle registration number.
- Complete the vehicle verification process.
- Proceed to the payment page.
- Complete the payment through the preferred payment gateway.
Indian Overseas Bank FASTag Through UPI Applications
To apply for Indian Overseas Bank FASTag from UPI Apps, follow the following steps:
- Open the preferred UPI Application on your smartphone like Amazon Pay, Google Pay, or any other UPI application.
- Go to the ‘Buy FASTag’ option.
- From the list of member banks, choose Indian Overseas Bank as the FASTag issuing bank.
- Enter the vehicle registration number.
- Complete the vehicle verification process.
- Proceed to payment.
Indian Overseas Bank FASTag Through Toll Plazas
Customers can buy their free Indian Overseas Bank FASTag from the PoS (Points of Sale) offices set up at toll plazas. To buy FASTag from PoS, the steps involved are:
- Visit the nearest NETC toll plaza sales office.
- Fill up the application form available over the counter.
- Submit vehicle registration certificate, passport-sized photograph, and KYC proof for identity and address verification along with the FASTag application form.
- Mention Indian Overseas Bank as your issuing bank.
- Complete the application formalities and make the required payment.
- The FASTag will be issued instantly.
How to Activate Indian Overseas Bank FASTag?
Once the Indian Overseas Bank FASTag application process is complete, the RFID-embedded FASTag sticker will be mailed to the registered mailing address. You can also receive the sticker instantly in case of offline applications. The received sticker is in pre-activated mode. To install the sticker, carefully remove the adhesive liner from the tag sticker and paste it at the top center of the vehicle’s windscreen.Â
How to Recharge Indian Overseas Bank FASTag Online in 2023?
The Indian Overseas Bank FASTag may be recharged online through Debit cards, Credit cards, Net Banking, and digital payment wallets. Here are the methods for FASTag recharge online IOB:
Recharge Through Bank Website
To recharge online through the bank website, the steps involved are:
- Log into Customer Portal.
- Choose ‘Customer Login’ and enter your account using IOB FASTag login.
- Go to the ‘Payments Recharge’ link.
- Select the FASTag account you wish to recharge.
- Enter the recharge amount.
- Choose the payment mode.
- Complete the payment using the preferred payment gateway.
Recharge Through Paytm
Paytm digital wallet offers the convenience of online recharge. The steps involved are:
- Open the Paytm app on your smartphone
- In the search tab, type ‘FASTag.’
- In the FASTag menu click on the ‘FASTag Recharge’ link.
- Choose Indian Overseas Bank as the issuer bank.
- Enter your vehicle registration number
- Enter the recharge amount.
- Choose the mode of payment – Debit or Credit Card, Net Banking, Paytm wallet, and/or UPI.
- Complete the payment to recharge the tag instantly.
Recharge Through UPI
For Indian Overseas Bank FASTag recharges through UPI, follow these simple steps:
- Login to the preferred UPI app
- Enter VPA
- Click on Send money
- Enter the recharge amount
- The FASTag account will be recharged instantly.
IOB FASTag customers can also recharge the FASTag account offline. Visit any IOB Bank Branch or POS locations near the toll plaza and recharge the card by paying cash.
How to Check Indian Overseas Bank FASTag Balance Online?
IOB FASTag customers can check their wallet balance through the following channels:
Through SMS
The customer receives an SMS notification for each FASTag transaction. The customer can check the wallet balance through SMS notification.
Through Web Portal
Customers can check their FASTag statement by logging into the dedicated FASTag portal. Using your IOB FASTag login, log in to the Customer Portal and review your account statement, and know your account balance instantly.
Through Email
Like SMS, the record of every transaction initiated on a FASTag account is also shared via email. To IOB FASTag balance check, check the email account linked to your FASTag account.
Through Missed Call
IOB FASTag account holders can initiate a balance check inquiry at the bank’s customer care numbers 1800 425 4445 and 1800 890 4445.
How to Use Indian Overseas Bank FASTag?
The Indian Overseas Bank FASTag is easy to use. The steps involved are:
- Clean the windscreen of the car from the inside.
- Make sure it is completely dry and dust free.
- Position the FASTag sticker at the top-center of the screen just behind the rear-view mirror.
- Carefully remove the adhesive liner from the FASTag sticker.
- Affix the FASTag sticker on the windscreen.
- Do not remove or reposition the sticker.
- Do not apply any extra adhesives to secure the FASTag sticker.
IOB FASTag FAQ’s:-
The vehicle owner can submit any of the following documents for KYC verifications
Driving license
PAN card
Aadhar card (with address)
Voter ID card
Passport
FASTag with limited-KYC can be recharged up to Rs, 10,000. FASTag with full KYC can be recharged up to Rs. 1,00,000.
The joining fee for IOB FASTag is Rs. 100 + GST. The threshold amount loaded into the customer wallet and refundable security amount will depend upon the vehicle type. You can check the IOB FASTag fee and charges for the same.