Last day to update your FASTag details! If your KYC is incomplete, the banks will deactivate your FASTag on January 31. The National Highways Authority of India (NHAI) is saying it’s crucial to finish your KYC to follow the RBI rules. Also, NHAI is starting “One Vehicle, One FASTag” to make things simpler.
In an important update for FASTag users, the National Highways Authority of India (NHAI) has issued a notice urging car owners with FASTags to ensure their Know Your Customer (KYC) details are up-to-date. Banks will deactivate FASTags connected to incomplete KYC details as per the NHAI announcement on January 31.
Highlighting the significance of adhering to Reserve Bank of India (RBI) guidelines, NHAI stresses the importance of completing the KYC process for FASTags. This move is in line with regulatory compliance and ensures a smooth and efficient toll collection system.
NHAI has also introduced the “One Vehicle, One FASTag” initiative, a program aimed at enhancing toll collection efficiency. The objective is to discourage the use of a single FAS tag for multiple vehicles or the use of multiple FAS tags for a single vehicle. This initiative is expected to streamline the FASTag system and promote a more organized toll-collection process.
FASTag users are advised to take prompt action, verify their KYC status, and update any necessary information before the approaching deadline on January 31. This proactive step will not only prevent deactivation but also contribute to the overall efficiency of the FASTag system on the national highways. Stay informed and ensure a hassle-free travel experience with your FASTag-equipped vehicle.
Online Guide on Updating Your FASTag KYC: Don’t Miss Out on Easy Steps!
If you haven’t updated your FASTag KYC January 31, is the final day to get it done. Follow these simple steps to complete the process:
- Visit the official FASTag website: Go to https://fastag.ihmcl.com, which is the official FASTag website.
- Login: Use your registered mobile number and password to log in. If you forget your password, don’t worry! You can use the OTP-based validation for login.
- Access My Profile: Once logged in, go to the dashboard menu. On the left side, select the “My Profile” option.
- Check KYC Status: The “My Profile” page will show information about your KYC status and all the details you submitted during the registration process.
- Navigate to the KYC Section: If you haven’t completed the KYC process, head to the KYC sub-section located next to the ‘Profile’ sub-section.
- Choose customer type: Click on the ‘KYC’ sub-section, and you’ll be prompted to choose your ‘Customer Type.’
- Provide mandatory details: Fill in the necessary details by submitting your ID proof and address proof documents. Also, upload a passport-size photo.
- Tick the Declaration: Before submitting the details, make sure to tick the declaration.
- Submit for Verification: Proceed with the KYC verification process by submitting the required information.
By following these steps, you can ensure that your FASTag KYC is updated before the deadline. This proactive approach will help you avoid any disruptions in your FASTag service. Don’t wait; act now to enjoy a seamless and hassle-free travel experience on the roads.
These documents will be required for FASTag KYC:
- Voter ID Card
- PAN card
- Aadhar card
- Vehicle Registration Certificate (RC)
- Driving License
- Passport-size photograph of the vehicle owner.
- KYC documents as per the category of the vehicle owner:
How to update FASTag KYC Offline
Apart from online KYC, you can update Fastag KYC offline also. For this, you will have to go to the bank issuing FASTag. Going there take the KYC form, fill in all the details in it and submit it. After this, the KYC of your Fastag account will be done.
FAQs: Let us know the answers to all the questions.
Is KYC mandatory for Fastag?
As per the instructions of NHAI, it is mandatory to update KYC details related to Fastag by 31st January. Failure to do so will result in your FASTags being deactivated.
Will Fastag be inactive even after maintaining balance?
Yes, if you have not updated the KYC details related to FASTag then your FASTag will be deactivated even after maintaining the balance.
What will happen if Fastag does not work at toll?
If vehicle owners do not use FASTag, they will have to pay double the toll fee as a fine.