fastag kyc update online:National Highways Authority of India (NHAI) has started a new — One Vehicle, One FASTag — initiative to make the entire toll collection process simpler and more efficient. The initiative from NHAI aims at preventing people from using the same FASTag for different vehicles or using multiple FASTags for the same vehicle.To ensure this comes to effect, NHAI has announced that the FASTags that don’t have complete KYC done will be blocked after January 31, as per the Reserve Bank of India’s guidelines.
The “One Vehicle, One FASTag” initiative is all set to get launched by the National Highways Authority of India (NHAI). The initiative will be making the Electronic Toll Collection system work efficiently. The initiative will also be easing the traffic at toll plazas.
The aim of the initiative is to discourage the use of one FASTag for a variety of vehicles.
The NHAI encourages the FASTag users to finish their KYC process according to the guidelines of the Reserve Bank of India.
FASTag KYC Update
Now, if you are not sure whether your FASTag has KYC, then you need to check it before it gets banned or blacklisted by the issuing authority. Moreover, the entire process will ensure that the older FASTags linked to the same person for the same vehicle gets banned and the latest one remains active.To make things easier for you, we’ve put together a detailed guide on how to check KYC status for your FASTag and also get it done online in case it’s incomplete.
State-owned NHAI on Monday said FASTags with valid balances but with incomplete KYC will get deactivated by banks post-January 31, 2024.To enhance the efficiency of the electronic toll collection system and provide seamless movement at toll plazas, NHAI has taken the ‘One Vehicle, One FASTag’ initiative that aims to discourage the use of single FASTag for multiple vehicles or linking multiple FASTags to a particular vehicle, an official statement said.
First things first, what are the documents required for FASTag KYC Update?
According to the guidelines of the RBI, the FASTag KYC requires you to make use of any of the following documents.
- Voter’s ID
- Aadhar Card
- Driving license
- PAN card
- NREGA job card (signed by an official of the State Government)
- One needs a copy of the registration certificate of the vehicle apart from the KYC documents.
How to Update FASTag KYC details online?
In order to update the FASTag KYC online, the user needs to follow the following directions:
- Visit the IHMCL FASTag portal.
- Then, simply log in with the mobile number.
- Click to “My Profile”.
- Check the KYC status. Now, click on the “KYC” tab and select “Customer Type”.
- Now, add the mandatory fields with the ID along with the address proof documents.
How to Update FASTag KYC details offline?
In order to update your FASTag KYC details, one needs to request the FASTag issuing bank for the same. This can be done by visiting the nearest FASTag issuing bank branch. At the bank branch, one needs to fill out the application form with updated details. This new data will then be updated by the bank to the FASTag account.
The relationship manager can also help with updating the KYC in FASTag.
It is important for FASTag users to make sure that their KYC is completed for their most recent FASTag. It is important that the users abide by the One Vehicle, One FASTag directions. Note that only the latest FASTag accounts are going to remain active.