FASTag KYC Update: The National Highways Authority of India (NHAI) has made an important update for all FASTag users: The deadline for completing your FASTag KYC (Know Your Customer) has been extended to 29 February 2024. This extension provides a small window of opportunity for FASTag holders to ensure compliance with the latest regulations.
But first, let’s understand what FASTag is and why KYC compliance matters. FASTag revolutionizes toll collection on highways by providing a seamless electronic payment solution. It uses RFID (Radio Frequency Identification) technology to automatically deduct toll charges from the linked bank account or prepaid card when vehicles pass through toll booths. This not only speeds up transactions but also increases overall efficiency on our roadways.
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Now, let’s learn about the steps to complete your FASTag KYC online:
- Go to the FASTag website associated with your bank.
- Log in using your registered mobile number and enter the OTP received.
- Go to ‘My Profile’ section and select ‘KYC’ tab.
- Fill the required details correctly and click on ‘Submit’.
- Prepare the required documents for KYC verification, including:
- RC (Registration Certificate) of your vehicle
- Valid ID proof (e.g., Passport, Voter ID, Aadhar Card, Driving License, or PAN Card)
- Address proof
- One passport-size photo
Once you have submitted the required information and documents, you can monitor your FASTag KYC status by following these steps:
- Visit fastag.ihmcl.com.
- Click on Login button and enter your registered mobile number to receive OTP.
- Access the ‘My Profile’ section and select ‘KYC Status’ to view your current status.
Alternatively, if you prefer to complete your KYC offline, you can visit the branch of the bank that issued your Fastag. There, you will be provided with a KYC form to fill, along with document submission requirements. Once you submit the form and documents, the bank will start the verification process and update your FASTag accordingly.
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Finally, ensuring timely completion of your FASTag KYC is essential to avoid any disruption in toll transactions and maintain a smooth travel experience on our national highways. Don’t delay – take advantage of the extended deadline and update your KYC today!