SBI FASTag user? Checking balance is now at your fingertips | Step-by-step guide
The FASTag is an RFID (Radio Frequency Identification) sticker that we use on our vehicles for a seamless driving experience at toll plazas.
SBI FASTag: The government has made FASTag mandatory for commercial as well as personal four-wheelers with the intention to reduce the long queues at toll plazas across the country. Several banks, including the State Bank of India (SBI), provide FASTag. There is some good news for commuters who are using SBI FASTag. SBI, the largest public sector bank in India, has made it easy for customers to check balances. The public lender recently announced that people can now check balances simply through an SMS. This is a good development for those who are not comfortable with recharging and checking their balance using e-wallet apps.
How to check SBI FASTag balance
Step 1: Type 'FTBAL' and send the SMS from your registered number to 7208820019.
Step 2: In case you have more than one SBI FASTags, type - FTBAL <Vehicle Number> and send it to 7208820019.
Step 3: A message with your FASTag balance will be instantly sent to your registered number.
The bank shared this information via a tweet from its official Twitter handle.
"Dear SBI FASTag Customer, send an SMS to 7208820019 from your registered mobile number to quickly know your SBI FASTag balance," reads SBI's tweet.
Dear SBI FASTag Customer, send an SMS to 7208820019 from your registered mobile number to quickly know your SBI FASTag balance. #SBIFastag #SBI #AmritMahotsav pic.twitter.com/mDQQgDl7Mv
— State Bank of India (@TheOfficialSBI) September 10, 2022
What is FASTag
The FASTag is an RFID (Radio Frequency Identification) sticker that we use on our vehicles for a seamless driving experience at toll plazas. This tag is scanned by the FASTag scanner automatically at toll plazas. This not only reduces the long queues at toll plazas but also reduces the need to carry physical cash.
It was made mandatory from January 1, 2021 for all private and commercial vehicles. In order to ensure that all vehicles use FASTag, the Ministry of Road Transport & Highways has made it mandatory for even purchasing new third-party insurance.
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.
RECOMMENDED STORIES
SBI 444-day FD vs Union Bank of India 333-day FD: Know maturity amount on Rs 4 lakh and Rs 8 lakh investments for general and senior citizens
Power of Compounding: Salary Rs 25,000 per month; is it possible to create over Rs 2.60 crore corpus; understand it through calculations
New Year Pick by Anil Singhvi: This smallcap stock can offer up to 75% return in long term - Check targets
PSU Oil Stocks: Here's what brokerage suggests on these 2 largecap, 1 midcap scrips - Buy, Sell or Hold?
Power of Compounding: How many years it will take to reach Rs 2 crore corpus if your monthly SIP is Rs 3,000, Rs 4,000, or Rs 5,000
Retirement Calculator: 40 years of age, Rs 50,000 monthly expenses; what should be retirement corpus and monthly investment
03:55 PM IST