National Highway Authority of India (NHAI) has announce that it will be deactivating the FASTags on some of the cars by 31st January 2024. The FASTags will be deactivate if the KYC is not complete.
NHAI has taken this step to further streamline and authenticate the new and improve toll collection system across India, and getting the KYC for your FASTag done is now mandatory till 31st January 2024.
To enhance the efficiency of the electronic toll collection system and provide seamless movement at toll, 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.
NHAI said in its statement that all FASTag users must complete their Know Your Customer (KYC) process as per the RBI guidelines to avoid any stopage in their services.
FASTag users must also comply with ‘One Vehicle, One FASTag‘ and discard all the earlier issue FASTags through their respective banks.
As per NHAI said in statement :
"Only the latest FASTag account shall remain active as previous tags will be deactivated/blacklisted after 31st January 2024,".
FASTag users have the provision of reaching out to the nearest toll plazas or toll-free customer care number of their respective issuer banks in case they have any confusion regarding the same.
Guidelines of RBI on FASTag Usage
NHAI said in their statement that this new rule of KYC has impose after they receive data if multiple FASTags issue for one vehicle, or one FASTag being use for multiple vehicles, not complying with the RBI guidelines.
FASTags are sometimes deliberately not fix on the windscreen of the vehicle, resulting in unnecessary delays at toll plazas and causing inconvenience to fellow national highway users.
With a penetration rate of around 98% and over 8 crore users, FASTag has revolutionize the electronic toll collection system in India.
NHAI statement said that the ‘One Vehicle, One FASTag‘ initiative will help make toll operations more efficient and ensure seamless and comfortable journeys.
