New FASTag Regulations Starting August 1: Update KYC, Link to Vehicle, and More

Key Points:

Starting August 1, new FASTag regulations require users to update KYC, link FASTag to vehicle details, and comply with new procedures to avoid higher toll fees. Ensure your FASTag is up-to-date to streamline toll payments and reduce congestion on national highways.

Starting today, new FASTag rules are in place to make toll collection smoother and reduce traffic on national highways. To avoid issues at toll plazas, users need to update their FASTag accounts and follow new procedures.

What is FASTag?

FASTag is a small, rechargeable tag attached to your vehicle's windshield. It uses RFID technology to make toll payments directly from your linked account, allowing you to pass through toll plazas without stopping.

Key Changes from August 1

  1. KYC Process Update:
    • Replace FASTag accounts older than five years.
    • Update KYC details for accounts three years or older by October 31.
  2. Mandatory Linking:
    • Link FASTag to your vehicle's registration and chassis number, and your phone number.
    • Upload photos of your vehicle for verification.
  3. Increased Toll for Non-Compliance:
    • Vehicles without FASTags will be charged double the standard toll fee.

Important Updates

The most crucial change involves updating the Know Your Customer (KYC) process. FASTag accounts older than five years must be replaced from August 1. Users should check when their FASTag accounts were issued and get replacements if necessary. Accounts three years or older need to renew their KYC details by October 31. If you don’t update your KYC, your FASTag account might get blacklisted.

Another major change is the mandatory linking of FASTag accounts to the vehicle's registration number, chassis number, and owner's phone number. This step aims to prevent misuse, where one FASTag was used for multiple vehicles. Users must also upload photos of their vehicle's front and side for verification. For new vehicles purchased from August 1, the registration number must be updated within three months.

These new rules, introduced by the National Highways Authority of India (NHAI), aim to promote the use of FASTags, making toll collection more efficient and reducing wait times at toll plazas. They apply to all national highways in India and are part of a broader move towards a more digital and streamlined transportation system.

Key Points About FASTag

  • Vehicle-Specific: Once affixed, it can't be transferred to another vehicle.
  • Availability: Buy from any NETC Member Bank.
  • Rechargeable: If linked to a prepaid account, it needs recharging based on usage.
  • Blacklisting: If the account balance is low, the FASTag will be blacklisted, and you'll need to pay cash at the toll plaza.

FASTag Usage in India

With about 98% penetration and over 80 million users, FASTag has greatly improved toll collection in India. NHAI collects tolls on about 45,000 km of national highways and expressways at around 1,000 toll plazas nationwide.

How to Check FASTag Status

To check the status of your FASTag:

  1. Visit the official website at NPCI FASTag Status Check.
  2. Enter your vehicle details.
  3. Click “Submit.”
  4. Review the status information for each FASTag linked to your vehicle.

Watch Out for Incomplete FASTag KYC

If your FASTag KYC is incomplete, you will receive notifications via email, SMS, or the bank's app.

To update your KYC:

  • For NHAI FASTags: Visit IHMCL FASTag, log in, and update your KYC online.
  • For bank-issued FASTags: Visit NETC FASTag Request, select your issuing bank, and follow the link to update your KYC online.

If you don't get any notifications, your KYC is complete.

Published: 01 Aug 2024
Published by - FinCrif Team
936 views
Link copied

Get a Personal Loan upto ₹25 Lakh in 30 Minutes*

100% digital and secure process, 45% lower EMIs starting @ ₹1104/Lakh — pay interest only on what you use with Flexi Loan.

Instant e-KYC No collateral Flexible tenure Trusted partner
Instant approval in 2 min — Disbursal in 30 mins*
Opens lender flow after a short verification step.
02:565G • 100%
Tap to Start
User taps affiliate link
Open
Basic Details
APPROVED

Loan Approved in 2 min

Limit up to ₹25,00,000
Quick e-KYC
Look into camera • Auto capture
e-Sign Agreement
Secure Aadhaar-based e-sign
Amount Disbursed
Messages • Your Bank
Real-time SMS confirmation