FASTag KYC Update Online, Step-by-Step Guide: In a significant move to streamline and enhance the efficiency of highway travel, the National Highways Authority of India (NHAI) launched the ‘One Vehicle, One FASTag’ initiative.
This decision underscores the commitment to leveraging technology to improve travel experiences and administrative processes, paving a step towards enhanced operational transparency and promoting ease and efficiency in transport and mobility services.
All FASTag users are advised to comply as the National Highway Authority of India (NHAI) recently informed that despite an adequate balance, banks will deactivate or blacklist FASTags that have incomplete KYC updates.
What is a FASTag?
Launched by the National Highways Authority of India (NHAI), in association with the Indian Highways Management Company Limited (IHMCL) and the National Payments Corporation of India (NPCI), FASTag is an electronic toll collection chip for national highways in India.
FASTag is a Radio Frequency Identification (RFID) chip affixed to the windscreen of a vehicle that automatically deducts through the prepaid or savings account linked to it when it passes through designated plazas, hence streamlining traffic flow and minimising congestion.
Know the Eligibility and Documents Required:
FASTag has become mandatory for all commercial and privately owned vehicles on national highways for toll payment in December 2019. With the deadline approaching tomorrow, below is a list of necessary documents for a smooth KYC verification process:
How to Update the KYC for FASTag:
Updating the Know Your Customer (KYC) information for FASTag is an important step to ensure that your electronic toll collection system works seamlessly. Here’s a step-by-step guide to help you through the process: