BANKING AFFAIRS

Detailed explanation-1: -The amount loaded during any month shall not exceed ₹10, 000/-; The total amount loaded during the financial year shall not exceed ₹1, 20, 000/-;

Detailed explanation-2: -You can use the balance in your FASTag till it gets exhausted but after that you will not be able to recharge it until the KYC is approved.

Detailed explanation-3: -Please note-In case of FASTag with Minimum KYC details – The amount loaded in FASTag wallet during any month shall not exceed Rs. 10, 000/-and the total amount loaded during the financial year shall not exceed Rs. 1, 00, 000/-.

Detailed explanation-4: -Cap on maximum balance There is a cap on the maximum balance which can be kept in the prepaid wallet. As per regulations, these limits are: For limited KYC FASTag account holder: This type of FASTag cannot have more than Rs 20, 000 in their FASTag prepaid wallet. The monthly reload limit is also capped at Rs 20, 000.

Detailed explanation-5: -Amount loaded in the FASTag wallet can be used for toll transactions till you exhaust the entire amount in the wallet. There is no “Use By” date for funds loaded into FASTag wallet. I have funds in my FASTag wallet.