Fastag New Rule: Now KYC will have to be done for 3 years old Fastag, 5 year old one must be replaced

byMihir Patel - 0

Highlights

FASTags will have to be linked with the vehicle’s registration and chassis number.Registration must be updated within 90 days of purchasing the vehicle. FASTag must also be linked to your registered phone number.

New Delhi. National Payments Corporation of India (NPCI) has changed the rules of FASTag from this month i.e. August 1. Now it has been made mandatory to update the KYC of three year old FASTag. Also, five year old FASTag will now have to be replaced. Both these tasks will have to be done by 31 October 2024. After this, the FASTag which does not have KYC and which is five years old will be closed and blacklisted. Vehicle owners can update the KYC of FASTag online.

These rules have been implemented to make payments at toll gates more convenient and to remove the current chaos at toll plazas. Now FASTag users will have to ensure that their KYC details are fully updated to avoid getting stuck at toll plazas.

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Fastag will have to be linked with registration and chassis number
Vehicle owners will now have to link FASTags with their vehicle’s registration and chassis number. Registration has to be updated within 90 days of purchasing a new vehicle. FASTag should also be linked to your registered phone number. You have to update all these important things by 31 October 2024.

Update your KYC online like this
You can update your Fastag KYC online. For KYC, you will need the RC of the vehicle, Voter ID card, Passport, PAN card, Aadhar card or Driving license and passport size photo for ID proof.

  • To update Fastag KYC, visit IHMCL website fastag.ihmcl.com.
  • Login to the website through registered mobile number.
  • Next enter your OTP and captcha.
  • A new window will open, in which click on My Profile.
  • You can check your Fastag KYC status next.
  • After this, go to the KYC section and click on Customer Type.
  • Further enter all the required details along with the documents.
  • After this the KYC of your Fastag will be updated.
  • Apart from this, you can also update the KYC of Fastag by going to the bank in which you have balance.

Tags: Business news, New Rule, Toll plaza

FIRST PUBLISHED : August 2, 2024, 11:04 IST

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