India FASTag New Rules and Updates
The National Payments Corporation of India (NPCI) has introduced new rules for FASTag users, focusing on updated Know Your Customer (KYC) requirements, vehicle detail linking, and other essential updates. Here are the key highlights:
KYC Updates:
• FASTag users must update their KYC details by October 31, especially if their FASTag is between 3 to 5 years old.
• Companies providing FASTag services must complete KYC for all FASTags issued between three to five years ago by October 31.
Vehicle Detail Linking:
• Vehicle owners must link their registration number and chassis number with their FASTag.
• New vehicle owners must update their FASTag with the vehicle’s registration number within 90 days of purchase.
Additional Requirements:
• FASTags older than five years must be replaced.
• FASTag providers must verify their databases to ensure accuracy.
• Users must upload clear photos of the vehicle’s front and side to their FASTag account.
• Each FASTag must be linked to the owner’s mobile number for seamless communication and updates.
Key New Regulations:
1. KYC Updates and FASTag Replacement: Users must complete their KYC for all FASTags issued between three to five years ago by October 31, 2024.
FASTags older than five years must be replaced.
2. Linking Vehicle Information:All FASTag users must link their vehicle’s registration number, chassis number, and the owner’s mobile number.
New vehicle owners must update their registration number within 90 days of purchase.
3. Photo Upload: Users must upload images of their vehicle, including the front, side, and a clear image of the FASTag affixed to it.
4. Linking Mobile Number: Each FASTag must be linked to the owner’s mobile number to ensure clear and effective communication between FASTag providers and users.
5. Database Verification: FASTag service providers must conduct a thorough verification of their databases, ensuring that the details linked to each FASTag match the information in the VAHAN database, India’s national vehicle registry.
Consequences of Non-Compliance:
Failure to comply with the new rules by October 31, 2024, may lead to significant inconveniences at toll plazas.
