Kotak Mahindra Bank is a well-established private-sector bank in India. It provides a wide range of banking services, including personal, corporate, and NRI banking solutions. Kotak Mahindra Bank FASTag is a reliable and efficient solution for toll payments across highways, saving both time and fuel. To ensure seamless management of your FASTag account, regularly checking your Kotak Mahindra Bank FASTag statement is essential.

For additional convenience, recharge your Kotak Mahindra Bank FASTag with Bajaj Pay, the BBPS platform on Bajaj Finserv. It is a convenient and secure digital payment platform that offers seamless transactions for various services, including recharges, bill payments, and shopping. With Bajaj Pay, users can enjoy a smooth, cashless experience across multiple online platforms.

Methods to download Kotak Mahindra Bank FASTag statement

Obtaining your Kotak Mahindra Bank FASTag statement is simple, offering users a hassle-free experience to review their transactions. Here are the steps to download using the Kotak Mahindra Bank app:

1. Log in to the Kotak Mahindra Bank app using your registered mobile number

2. Navigate to the FASTag section under the ‘PAYMENTS’ menu

3. Select the option for transaction history or statement

4. Download the statement for your required time period

Here are the steps to download using the Kotak Mahindra Bank official website:

1. Visit the official Kotak Mahindra Bank website and log in to your FASTag account

2. Head to the transaction details section

3. Select the statement and download it in your preferred format

Importance of regularly checking your FASTag statement

Keeping an eye on your FASTag statement is more than just good practice; it helps users stay on top of their finances and avoid potential issues.

• Monitor transactions: Regularly reviewing statements helps track deductions for tolls and ensures no unauthorised charges.
• Identify errors: In case of incorrect deductions or system glitches, reviewing statements allows timely action to rectify the problem.
• Plan expenses: Understanding toll payments can help plan travel budgets better, especially for frequent travellers.
• Maintain account balance: Regular checks ensure your account always has sufficient funds, preventing delays at toll gates.

Tips for managing your Kotak Mahindra Bank FASTag account

Proper management of your Kotak Mahindra Bank FASTag account ensures smooth travels and financial transparency. Here are some useful tips:

• Keep your balance topped up: Always maintain sufficient funds in your FASTag account to avoid penalties or disruptions during your journey.
• Set a monthly review schedule: Allocate time to review your FASTag statement to stay updated on deductions and account activity.
• Update contact information: Ensure your registered mobile number and email address are up to date for notifications and alerts.
• Use auto-recharge options: Enable auto-recharge to ensure your account is refilled automatically when the balance dips below a specified amount.
• Report issues promptly: In case of disputes, contact Kotak Mahindra Bank’s customer support with relevant details to resolve them efficiently.

Setting up alerts for Kotak Mahindra Bank FASTag transactions

Transaction alerts can help users stay informed about deductions and maintain a better overview of their FASTag account. Kotak Mahindra Bank offers options to enable alerts via SMS, email, or app notifications. Here’s how to set them up:

• Through the Kotak Mahindra Bank App: Navigate to the FASTag settings and enable notifications for transaction updates.
• Via SMS alerts: Opt-in for SMS notifications while setting up your account or by contacting customer support.
• Email notifications: Use the Kotak Mahindra Bank website to activate email alerts, ensuring you receive detailed transaction reports in your inbox.

By setting alerts, users can receive real-time updates on toll deductions and account balance, minimising the chances of oversights.

Steps to recharge your FASTag on Bajaj Finserv website

Follow the below steps to recharge your FASTag on Bajaj Finserv website:

1. Visit the Bajaj Finserv website.

2. Navigate to ‘PAYMENTS’ section.

3. Click on ‘FASTAG’ and then click on ‘RECHARGE’ option.

4. Choose your preferred FASTag biller from the drop-down menu.

5. Enter your vehicle number and click on ‘PROCEED’.

6. Enter your recharge amount.

7. Choose your preferred payment mode and click on ‘PAY NOW’.

You will receive a notification from Bajaj Finserv for a successful payment and your FASTag account will be recharged.

Fees and charges

A convenience fee of up to 2% will be charged depending on the transaction amount and payment mode (inclusive of applicable taxes). For more information on fees and charges, click here.

Note: For failed transactions, the total amount including charges except taxes are reversed.