Your FASTag May Get Deactivated After January 31; Here Is Why
The National Highways Authority of India (NHAI) has said that FASTags with incomplete KYC will get deactivated post-January 31, 2024, even if they have valid balances.
According to NHAI, users should complete the 'Know Your Customer' (KYC) process of their latest FASTag by updating KYC as per RBI guidelines.
What is One Vehicle, One FASTag
It added that FASTag users must also comply with 'One Vehicle, One FASTag' and discard all the earlier issued FASTags through their respective banks.
"Only the latest FASTag account shall remain active as previous tags will be deactivated/blacklisted after 31st January 2024," the NHAI said.
The 'One Vehicle, One FASTag' initiative has been launched to discourage the use of single FASTag for multiple vehicles or linking multiple FASTags to a particular vehicle and to enhance the efficiency of the electronic toll collection system and provide seamless movement at toll plazas.
Misuse of FASTags
NHAI has taken this initiative after recent reports of multiple FASTags being issued for a particular vehicle and FASTags being issued without KYC in violation of RBI's mandate.
What is FASTag
FASTag is an electronic toll collection system in India, operated by the NHAI. It employs Radio Frequency Identification (RFID) technology for making toll payments directly from the prepaid or savings account linked to it or directly toll owner.
FASTag was first introduced in the country in 2014. The NHAI made it mandatory for every vehicle in December 2019.?
Currently, it is estimated that FASTag has a penetration rate of around 98 per cent and over eight crore users.
If your FASTag KYC is incomplete, here is how you can do it online:
Login to fastag.ihmcl.com
Click on "My Profile"
Check the KYC status
Update your details
Submit identity and address proof documents
Upload a passport-sized photo
Check and confirm the declaration
Click the submit
The FASTag KYC will be processed in a maximum of seven working days from the date of submission of your request.?
What are the documents required to update FASTag KYC
Registration certificate of the vehicle
A passport-size photo
Identity proof
Address proof
(Passport, Voter's ID, Aadhar Card, Driving licence, PAN card and NREGA Job card (signed by a State Government official) can be used as identity and address proof)
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