Get your car's Fastag's KYC updated from the bank if you haven't already, and do so now. The bank will deactivate or ban Fastag without KYC after March 31. Even though there is still money in Fastag, payment will not be made after this.
In order for the Fastag service to be offered without any difficulties, NHAI has requested that Fastag users finish the KYC procedure for Fastag in accordance with Reserve Bank of India (RBI) guidelines.
In a single car, only one Fastag will function.
Consumers can now utilize a single Fastag in a single car. It is mandatory for users of Fastag to adhere to the 'one vehicle, one Fastag' principle and return all previously issued Fastags to the corresponding banks, as per the NHAI. Only recently created Fastag accounts will continue to function.
In an effort to improve openness and shorten lines at toll booths for Fastag toll collection, the NHAI has started a campaign called "One Vehicle, One Fastag." According to reports, the NHAI took this action in response to reports that Fastags were being given without KYC in breach of RBI regulations and that several Fastags were being issued for a single vehicle.
How does Fastag work?
One kind of tag or sticker is a fastag. The installation is done on the car's windscreen. RFID, or radio frequency identification, technology is used by Fastag. By using this technology, the toll is automatically taken out of the Fastag wallet when the cameras positioned at the toll plaza read the sticker's barcode.
The driver does not need to stop in order to pay the toll tax when utilizing Fastag. It is meant to shorten wait times at toll booths and facilitate travel.
Fastag is available for purchase online and in banks.
All toll plazas around the nation sell Fastag. In addition, you can purchase it at Axis Bank, ICICI Bank, HDFC Bank, SBI, and Kotak Bank offices. Additionally, it is available for purchase on websites like Paytm, Amazon, and Google Pay. By connecting this app to your Fastag account, you can also make payments.
You have the option to connect this app to your bank account. With this, toll tax will be taken out of your account each time you travel through a toll plaza. You need to present identification and a copy of your car registration when purchasing Fastag.
The Fastag sticker has a five-year validity period; beyond that, it will require an extension.
After purchase, a Fastag sticker is good for five years. This implies that you must either renew the sticker's validity or change it after five years.
