Karur Vysya Bank FASTag

KVB FASTag is an approved issuer bank in the NPCI NETC program. Its FASTag is a rechargeable Tag with an RFID chip that associates it with a prepaid wallet, which is valid for 3 years. It can be used in over 1300 toll plazas nationally. It enables vehicles to transit through the toll plaza without stopping. This reduces turnaround time and fuel expenditure while using electronic transactions removes currency in the cash transaction.

Recharging with KVB FASTag can be completed in several methods: Online (UPI, NetBanking and payment gateway), and Offline (at KVB branches). Fleet owners can have a series of corporate taxable “sweep-in” wallets.

These will notify users per SMS or email for the transactional use, and owners can manage their tags using the portal that houses their account. The maximum wallet balance is ₹1 lakh, and KVB allows for multiple tags to operate one single wallet. Special features of KVB FASTag assist owners based on their individual circumstances to ensure ease of use, for individual ownership to operate.

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