Update KYC for FASTags before January 31 to avoid deactivation
As part of the ‘One Vehicle, One FASTag’ initiative, the National Highway Authority of India (NHAI) has issued a crucial announcement regarding FASTag deactivation.
The deadline for completing Know Your Customer (KYC) for FASTags is January 31, 2024.
This initiative aims to curb the misuse of single FASTags for multiple vehicles and ensure compliance with the Reserve Bank of India’s mandate.
NHAI’s decision is rooted in the revelation that multiple FASTags were issued for a single vehicle, and some were distributed without the necessary KYC verification.
This non-compliance has prompted the authority to take stringent action, deactivating or blacklisting previous FASTags after the January 31 deadline.
FASTags, employing Radio-Frequency Identification (RFID) technology, enable seamless toll collection, allowing vehicles to pass through toll plazas without stopping.
The central government mandated the use of FASTags from February 15, 2021, imposing double toll charges for non-compliance at electronic toll plazas nationwide.
To purchase a FASTag, individuals can choose from over 28,000 Point-of-Sale (POS) locations at banks, national highways fee plazas, transport offices, and many more.
The sticker-type RFID document affixed to the car’s windscreen, facilitates automatic toll fee deduction. Besides, it promotes digital payments and reduces the need for physical currency at toll booths.
To ensure a smooth KYC update process, users can visit the website of IHMCL. After logging in with their registered mobile number and password, users will find a My Profile section displaying their KYC status and submitted details.
The sub-section “KYC” in the profile section allows users to update their information by submitting necessary identity and address proof documents along with a passport-sized photo.
Before submission, users must verify and confirm the declaration. After that, they can click on “Proceed”. The KYC verification process will be completed after submitting the required documents.
With NHAI’s stringent measures to deactivate FASTags lacking proper KYC, vehicle owners must act promptly to avoid inconveniences and ensure uninterrupted use of this revolutionary toll collection system.
Update your KYC before January 31 to keep your FASTag active and maintain smooth passage through toll plazas.
Image Credit: Adbh266, CC0, via Wikimedia Commons
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Image Reference:
https://commons.wikimedia.org/wiki/File:Bibi_Nagar_Toll_plaza.jpg
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