FASTag Without KYC Will Be Deactivated From THIS Date, Follow These Steps To Activate KYC

NHAI has asked FASTag customers to complete the KYC process for FASTag as per the rules of the Reserve Bank of India.

FASTag KYC: If you have not updated the KYC of your vehicle’s FASTag from the bank, then get it done ASAP as after March 31, banks will deactivate or blacklist those FASTags which have not updated the KYC. Starting from April 1, payment will not be made even if there is a balance in the FASTag.

NHAI has asked FASTag customers to complete the KYC process for FASTag as per the rules of the Reserve Bank of India (RBI) so that the FASTag facility can be provided without any hassle.

One Vehicle One FASTag

Customers will now be able to use only one FASTag for one vehicle. According to NHAI, FASTag users will have to follow the ‘one Vehicle, One FASTag’ policy and return all previously issued FASTags to their respective banks. Now only new FASTag accounts will remain active.

NHAI has launched the ‘One Vehicle, One FASTag’ campaign to bring transparency and reduce the waiting time at toll plazas for collecting the toll through FASTag. NHAI is said to have taken this initiative in response to the recent reports of issuing multiple FASTags for one vehicle and FASTags being issued without KYC in violation of RBI rules.

What is FASTag?

FASTag is a cashless payment system model under which toll tax amount is collected electronically via specialised tags called FASTags to save time and avoid long toll jams. The FASTag is operated by over 35 different banks in collaboration with the National Payments Corporation of India and the NHAI.

Through this technology, the cameras installed at the toll plaza scan the barcode of the sticker and the toll fee is automatically deducted from the FASTag wallet. By using FASTag, the driver does not have to stop to pay toll tax. It is used to reduce time taken at toll plazas and make travel easier.

Where To Get FASTag From?

You can buy FASTag from any toll plaza in the country. Apart from this, you can also buy it from the branches of Axis Bank, ICICI Bank, HDFC Bank, SBI, and Kotak Bank. You can also buy it from online platforms like Paytm, Amazon, and Google Pay.

Steps To Update FASTag KYC On FASTag Portal

1. Visit the official FASTag Portal at fastag.ihmcl.com
2. Log In using your mobile number and One Time Password (OTP).
3. On the homepage, look for the ‘My Profile’ tab and click on the KYC tab.
4. Keep your vehicle registration certificate, driving license, address proof, identity proof, and a photograph handy.
5. Fill out all necessary information.

Steps To Update FASTag KYC On Bank Portal

1. Visit the official website of the bank/issuing authority that issued your FASTag.
2. Log In to the bank’s website.
3. Once logged in, look for the FASTag segment and then head on to the KYC section.
4. Keep your vehicle registration certificate, driving license, address proof, identity proof, and a photograph handy.
5. Fill out all necessary information.
6. FASTag is valid for 5 years. That means after 5 years you have to extend its validity.