FASTag KYC update: NHAI introduces a vital change, making KYC mandatory by January 31. Users must act swiftly to prevent deactivation, ensuring a secure toll collection system and hassle-free road experiences.
FASTag KYC Update Before 31
The National Highways Authority (NHAI) has introduced a crucial update for FASTag users. If you haven’t completed your KYC (Know Your Customer) process by January 31, your FASTag might face deactivation or blacklisting. This change comes in response to scams and irregularities that have been identified in the system.
Why KYC is Crucial for FASTag Users
NHAI has mandated KYC to ensure the authenticity of FASTags. Without completing this process, users will face a double toll charge at toll booths. The decision was prompted by instances of a single FASTag being used for multiple vehicles and the sale of FASTags without proper KYC, leading to scams.
Update Your FASTag Easily
In this digital age, updating your FASTag is a breeze. Simply visit the FASTag website linked to your bank, log in with your registered mobile number, enter the OTP received, go to ‘My Profile,’ click on the KYC tab, fill in the necessary information, and you’re done.
Why the Change? Insights from NHAI and RBI
NHAI made this decision after considering the opinion of the Reserve Bank of India (RBI). Instances of using a single FASTag for multiple vehicles and the sale of unverified FASTags in the market raised concerns, leading to the need for a more secure and efficient system.
Nitin Gadkari’s Says Update Your FASTag KYC
Union Minister Nitin Gadkari envisions a future where technology-based tax collection using vehicle numbers could replace FASTag. This highlights the continuous efforts to enhance and streamline the electronic toll collection system.
With over 8 crore motorists relying on FASTag, it’s crucial to act promptly. Complete your KYC before January 31 to avoid any inconvenience. The simple process ensures your FASTag remains active, providing a smooth and efficient toll payment experience.
How to Verify Your FASTag KYC Status
Steps to Check:
- Visit https://fastag.ihmcl.com.
- Log in using your registered mobile number and password or opt for OTP-based verification.
- Navigate to the Dashboard menu and select “My Profile” on the right side.
- Your updated information will be displayed, confirming if your KYC is completed
How to Update FASTag KYC
Steps to Update:
- In the “My Profile” page, find the profile subsection.
- Choose your Customer Type.
- Submit your identity card, proof of residence, passport-sized photo, and address proof.
- Completing these steps ensures your KYC process is done.
Documents You Need to be Required for KYC
Required Documents: Ensure you have:
- Vehicle registration certificate
- Passport-size photograph of the vehicle
- KYC documents of the vehicle owner
MUST READ: Toll Tax Rate List 2024: Price, Rules & Regulation.
The Importance of FASTag KYC for a Hassle-Free Experience
NHAI emphasizes the need for completing KYC to avoid any inconvenience on the road. Following the ‘One Vehicle, One FASTag’ rule is crucial, and any previous FASTags must be deleted.
As per the National Highways Authority of India, completing your FASTag KYC is mandatory by January 31. Failure to update your car’s FASTag with KYC might lead to deactivation or blacklisting. After this date, even if there’s a balance in your FASTag, payments won’t be processed.
Conclusion:
NHAI’s crucial update for FASTag users emphasizes the urgency of completing KYC by January 31. This ensures a secure and efficient toll collection system, addressing past irregularities. Users are urged to act promptly, follow the ‘One Vehicle, One FASTag’ rule, and delete any previous FASTags for a hassle-free road experience.
