homepersonal finance NewsDeadline to update FASTag KYC extended to Feb 29: Check process and key details

Deadline to update FASTag KYC extended to Feb 29: Check process and key details

The 'One Vehicle, One FASTag' initiative aims to streamline the toll collection process using radio frequency identification (RFID) technology, automatically deducting toll tax payments from linked bank accounts.

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By Anshul  Feb 1, 2024 5:40:49 PM IST (Updated)

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Deadline to update FASTag KYC extended to Feb 29: Check process and key details
The National Highways Authority of India (NHAI) has extended the deadline for the #OneVehicleOneFASTag initiative and mandatory know your customer (KYC) updation for FASTag accounts. The new deadline is now set for February 29, 2024, providing vehicle owners with additional time to comply with the essential requirements.

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The NHAI has emphasised the significance of timely KYC updates to ensure a smooth and uninterrupted toll payment experience on national highways.
The 'One Vehicle, One FASTag' initiative aims to streamline the toll collection process using radio frequency identification (RFID) technology, automatically deducting toll tax payments from linked bank accounts.
Whether individuals own commercial or private vehicles, it is crucial to take immediate action to avoid any disruptions in the electronic toll collection system.
Failure to update KYC details by the deadline of February 29 could result in the deactivation of the FASTag account.
To update KYC details, vehicle owners are required to submit specific documents, including the vehicle registration certificate, driver's licence, and identity proof such as PAN, voter’s ID card.
Additionally, address proof such as Aadhaar card, passport, and passport-size photographs are essential for the process.
Users can update KYC on FASTags by visiting the official website of the bank-linked or issuing authority and logging in using their registered mobile number.
Once logged in, they should navigate to the 'My Profile' section, click on the 'KYC' sub-section, and update all necessary fields by attaching the mandatory documents.
Vehicle owners can also verify the status of their KYC by logging in through the same bank-linked or issuing authority of FASTag, or by visiting the official FASTag website.
The verification process involves using the registered mobile number and following the password/OTP-based validation process.

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