FASTag KYC Update: There’s an important update for all those who are planning to drive their vehicles through highways that you need to know. If you don’t complete the Know Your Customer (KYC) process for your car’s FASTags, they will be removed from your windshield. The deadline for this is tomorrow, January 31st. The National Highway Authority of India (NHAI) has made it clear that customers must ensure they complete the KYC process for their new FASTag in order to avoid any disruptions. This initiative aims to prevent people from using one FASTag for multiple cars or having multiple FAS tags for a single vehicle. It’s very crucial to take action and comply with this requirement before time runs out.
The NHAI has recently announced or notified about its plan to deactivate FASTags that have not undergone the KYC process. This move is aimed at ensuring the security and authenticity of the FASTag system. It is very important for users to complete the KYC process as early as possible to avoid any inconvenience or disruption when using their FASTags, like we said in the first paragraph of this article. If you fail to activate it before January 31, 2024, i.e., tomorrow, then there will be a higher chance of your FASTag account being disabled by the banks with which you are registered with the application that you created for traveling on highways.
If you are a person who doesn’t have a FASTag sticker that is stuck on the car, then you must do that if you are a traveler, especially traveling through highways where toll plazas are found in most of the places in the country. For registration of the FASTag, you need to purchase it through online platforms like Paytm or any other UPI applications that you have. Below is the overview table that will give you an exact idea of the FASTag KYC updates with a step-by-step guide that you need to know from this article. So, just read this article completely and slowly to understand it one by one and gain knowledge, especially if you are a daily car traveller.
Table of Content
FASTag KYC Update – Overview
|Electronic Device Name
|Radio Frequency Identification (RFID)
|Available in Toll Plazas
|PayTM (Mostly Used)
|FASTag Application Download
|Available on Google Play Store and App Store
|Based on Vehicle Class
|Saves Time at Toll Gates
|31st January 2024
|If KYC Not Updated
|Registered Account Will Be Deactivated
|Consequences (Without FASTag)
|Toll Prices are Doubled
|Documents Required (For Registration)
|Vehicle’s Registration Certificate (RC) and KYC Documents
As we have already mentioned in the above paragraphs, the exact deadline to complete your Know Your Customer procedure will be on January 31, 2024, i.e., tomorrow before 12 a.m. on February 1, 2024. If you fail to complete, then your FASTag account will be deactivated, and you will be charged double in toll plazas without the FASTag stickers on your vehicle. So, please complete the KYC procedure as early as possible to avoid deactivation. Those who want to register for the FASTag can kindly upload scanned copies of your vehicle’s RC and some KYC documents, which include your driving licence, PAN card, Aadhar card, etc.
FASTag KYC Update – Step-by-Step Guide to Update FASTag KYC
Following are the steps that you need to follow to update the KYC on your FASTag account to avoid deactivation of the account:
- First of all, you must open any internet browser and visit the bank-linked FASTag website.
- Then, you need to log in with the account details, like your registered mobile number, and you will receive an OTP.
- You need to enter the OTP, which will be received on your phone. If not received, try to login again sometime.
- Once logged in, you need to go to the “My Profile” section, where you can locate the “KYC” tab shown on the screen.
- Finally, you can fill in all the details that are required, and then you are required to click on the “Submit” button to complete the KYC procedure easily.
After you have completed the necessary procedures, your KYC will be updated, and you can check the status of your KYC on the FASTag portal. It is important to note that if you do not update your FASTag KYC by January 31, 2024, the bank may deactivate or remove your FASTag.
If your FASTag KYC is incomplete, you will receive notification via email, SMS, or through issuing bank’s application interface regarding incomplete KYC. You are requested to keep an eye on your registered communication channels such as SMS, e-mail, etc. for updates. The KYC can be updated online as per following procedure:
For FASTag issued by NHAI
- Visit https://fastag.ihmcl.com
3. Update KYC Online
For FASTag issued by different banks
- Visit website – https://www.netc.org.in/request-for-netc-fastag
- Under Request for NETC FASTag, Select your FASTag issuer bank and click on the visit website link.
- Login to respective FASTag issuer bank
- Update KYC Online
In case you have not received any notification or reminder from your bank that means your KYC is complete and no action is required from your end.
FASTag KYC Update Deadline Date
The exact deadline for completing the KYC process for FASTag is January 31, 2024. It is highly recommended that you prioritise updating your KYC before this deadline to avoid any inconvenience. Neglecting to update your Know Your Customer (KYC) information may lead to the deactivation or blacklisting of your FASTag, regardless of the remaining balance. Therefore, it is crucial that you complete the KYC procedure before the January 31, 2024, deadline.
Radio Frequency Identification (RFID) technology has revolutionised the toll collection system in India with the introduction of FASTag. This electronic system allows for seamless and automated deduction of toll costs while vehicles are on the move. Similar to smart cards used in metros, FASTag acts as a transponder and utilises RFID technology. It is conveniently attached to the car’s windscreen and linked to a pre-paid account. FASTag truly revolutionises the way we experience toll collections, making it more efficient and hassle-free for motorists.
With its advanced technology and user-friendly features, it ensures a smooth journey without any disruptions. One of the key benefits of FASTag is its ability to eliminate the need for vehicles to stop at toll plazas, reducing waiting times and preventing fuel waste. Moreover, customers are provided with various features, such as a dedicated online interface for account management along with email and SMS notifications for each transaction.
Frequently Asked Questions – FASTag KYC Update
FASTag is an electronic toll collection system in India that uses RFID technology to facilitate the automatic deduction of toll charges while the vehicle is in motion.
The deadline to update KYC for FASTag is January 31, 2024.
The full form of KYC is Know Your Customer.