Here is a comprehensive guide on everything you need to know about transferring your FASTag balance.

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Learn How to Transfer FASTag Balance to Bank Account

In the realm of digital payments and toll collections, FASTag has emerged as a convenient method for automating toll payments directly from the vehicle.

However, there might be occasions when you have a surplus balance in your FASTag account that you wish to transfer back to your bank account.

Whether it is due to the sale of your vehicle or simply because you have accumulated more balance than needed, knowing how to transfer your FASTag balance to a bank account is useful information for FASTag users.

Follow the below-listed steps to transfer the FASTag balance

Transferring your FASTag balance back to your bank account is possible, but the process can vary depending on the FASTag issuer.

Here is a general guide on how to initiate the transfer:

  1. Contact customer support: The first step is to get in touch with your FASTag issuer's customer support. This could be through their helpline, email, or customer portal.
  2. Request for balance transfer: Inform them of your request to transfer the FASTag balance to your bank account. You might be asked for your FASTag account details and the reason for the balance transfer.
  3. Submit required information: You may need to provide your bank account details, including the account number and IFSC code, where you want the balance transferred.
  4. Verification: The issuer will verify your request and the details provided. This process might take a few days, depending on the issuer's policy.
  5. Transfer initiation: Once verified, the issuer will initiate the balance transfer to your specified bank account.

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Documents required to transfer FASTag balance

The documents required for transferring your FASTag balance to a bank account typically include:

  • Bank account details: Account number and IFSC code of the bank account where you want the balance transferred.
  • FASTag account proof: Details of your FASTag account, which may include the FASTag ID or linked vehicle registration number.
  • Identity proof: Depending on the issuer's requirements, a copy of your PAN card, Aadhaar card, or other identity proofs might be needed for verification purposes.

In conclusion, while the process of transferring FASTag balance to a bank account can vary between issuers, it generally involves contacting customer support, providing necessary details, and waiting for the transfer to be processed. Always ensure you have the required documents and information in hand to facilitate a smooth and efficient transfer process. 

Frequently asked questions

Can we transfer money back from FASTag to the bank account?

Yes, it is possible to transfer the balance from your FASTag back to your bank account. The process involves contacting your FASTag issuer and following their specific procedure for the balance transfer.

How do I transfer balance from FASTag?

To transfer the balance from your FASTag, contact your FASTag issuer's customer support and request a balance transfer. You will need to provide your bank account details and possibly some form of identity verification.

How do I remove balance from FASTag?

Removing balance from your FASTag involves a similar process to transferring the balance. You need to reach out to the FASTag issuer's customer support to initiate the balance removal or transfer to your bank account.

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