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States » East

Kotak announces waiver of issuance fee

Kotak announces waiver of issuance fee

Kolkata, Dec 2 (UNI) Kotak Mahindra Bank (Kotak) today announced that it has extended its offer of the waiver of the issuance fee on Kotak FASTag till this December 15.

This offer is available to both Kotak customers and non-customers who avail of Kotak FASTag. This is in line with the recent notification by the Ministry of Road Transport and Highways to extend the deadline for the compulsory implementation of toll payments at over 500 National Highway toll plazas via FASTag to 15th December, 2019 so that there is sufficient lead time for citizens to obtain FASTag, a company release issued here said.

As an added incentive, the National Highways Authority of India (NHAI) is offering FASTag users monthly cashback of 2.5% on toll transactions till 31st March, 2020.

Commuters can apply online for Kotak FASTag at www.kotak.com/fastag. Existing Kotak customers can also apply for Kotak FASTag through the Kotak mobile banking app. Commuters can call the Kotak Customer Care Number:1800 300 69090 as well for details. Commuters can recharge their FASTag account online through Credit Card, Debit Card or Net Banking.


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