New rules for FASTag from August 1: Follow these KYC rules to make sure your FASTag does not become invalid – Times of India

New rules for FASTag from August 1: Follow these KYC rules to make sure your FASTag does not become invalid – Times of India



New rules for FASTags, the digital toll assortment system, will take impact on August 1, 2024, as introduced by the Nationwide Funds Company of India (NPCI). These modifications purpose to boost the system’s effectivity and safety, impacting tens of millions of FASTag customers throughout India.

FASTag guidelines and deadlines

Essentially the most crucial deadline in these new guidelines is October 31, 2024.By this date, all FASTags issued between three to 5 years in the past should full up to date Know Your Buyer (KYC) procedures. Moreover, FASTags older than 5 years have to be changed solely.
Beginning August 1, all FASTags have to be linked to the car’s registration quantity and chassis quantity, with new car homeowners required to replace their registration quantity inside 90 days of buy.

Further measures for FASTag suppliers

FASTag suppliers are actually mandated to implement a number of further measures. They need to confirm and replace their databases with correct car data, add clear photographs of the car’s entrance and facet for simpler identification, and guarantee every FASTag is related to a cellular quantity for improved communication.

Affect on FASTag customers

The brand new guidelines will considerably have an effect on FASTag customers, significantly these with older automobiles or FASTags. Failure to adjust to these rules might lead to inconveniences at toll plazas and potential service suspensions. To keep away from disruptions, car homeowners are suggested to behave promptly.

Steps for car homeowners

Car homeowners ought to take a number of steps to make sure compliance:
1. Examine the issuance date of your FASTag.
2. In case your tag is between 3-5 years outdated, full the KYC replace earlier than October 31.
3. Change tags older than 5 years.
4. Guarantee your FASTag is linked to your car’s registration and chassis numbers.
5. New car homeowners ought to replace their registration particulars inside 90 days.
Because the deadline approaches, FASTag service suppliers are anticipated to succeed in out to prospects for obligatory updates. In the meantime, car homeowners are inspired to make sure that they meet these new necessities for an uninterrupted service at toll plazas.







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