MoneyWorks4Me

ICICI Bank introduces auto recharge on FASTag through UPI mandate

05 May 2023 Evaluate

ICICI Bank has enabled FASTag auto recharge through Unified Payments Interface (UPI) mandate. The facility offers yet another option to users to recharge their FASTag automatically as per pre-defined frequency in a completely digital manner. It helps users to pass through the FASTag lane at toll plazas seamlessly and eliminates the inconvenience of not having sufficient funds in their accounts.

Users can set up the standing instructions through UPI mandate by a one-time quick and easy process. They can use the facility to recharge FASTag affixed on the vehicle or the FASTag wallet with their chosen frequency options- daily, weekly, monthly, and quarterly. They can activate and deactivate the auto recharge facility as per their convenience.

ICICI Bank is a leading private sector bank in India.

Peers
Company Name CMP
HDFC Bank 705.45
ICICI Bank 1332.20
Axis Bank 1227.00
Kotak Mahindra Bank 416.75
Indusind Bank 884.70
View more..