New FASTag Rules Effective From August 1 & Here’s All You Need To Know About Them

If your FASTag is three years or older, then the National Payments Corporation of India (NPCI) has issued some new regulations for you! The NPCI has rolled out fresh guidelines, effective from August 1, with special emphasis on Know Your Customer (KYC) requirements. This will help improve toll payment processes and reduce congestion at toll plazas. Scroll on to know more about these new rules.

NPCI Issues New FASTag Rules From August 1

From August 1, 2024, the NPCI will enforce updated FASTag regulations. These new rules will help enhance toll payment processes and even reduce traffic congestion at toll plazas. As per The Economic Times, these new changes will impact the users significantly. FASTag account holders are now required to complete Know Your Customer (KYC) updates for all tags issued between three to five years ago by October 31, 2024.

According to the new FASTag guidelines, users need to ensure their KYC details are up-to-date to avoid service disruptions. Furthermore, if your FASTag is older than five years, then you must replace it. This will, reportedly, ensure the reliability and accuracy of toll payments. Keeping these changes in mind, NPCI has requested vehicle owners to verify the issuance dates of their FASTags and act promptly to meet this requirement.

Besides KYC, FASTags owners will also be required to link the vehicle’s registration number and chassis number to their tag from August 1. This will also help improve the accuracy of toll transactions. Also, new vehicle owners are required to update their registration number within 90 days of purchasing a vehicle.

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Additional Information About The New FASTag Regulations

Here is some additional information about the new FASTag rules effective from August 1, 2024 –

1. All FASTags will have to be linked to the vehicle’s registration number and chassis number.
2. New vehicle owners must update their registration number within 90 days of purchasing their vehicle.
3. FASTag providers are now required to upload clear photos of a vehicle’s front and side. This will help ease vehicle identification.
4. Each FASTag must be connected to a mobile number to ensure smooth communication and updates.

To summarise, for compliance with the FASTag new rules, vehicle owners will now have to –

1. Check the issuance date of their vehicle tags.
2. Complete the KYC update for FASTags issued between three to five years ago before October 31, 2024.
3. Replace FASTags older than five years.
4. Ensure their FASTag is linked to their vehicle’s registration and chassis numbers.
5. Update registration details within 90 days for new vehicle owners.

The final deadline for completing all KYC updates and FASTag replacements is October 31, 2024. As per NPCI’s notice, not adhering to these deadlines “could lead to significant inconveniences.” So, we request you all to keep your FASTag’s KYC up to date to avoid any trouble.

Cover Image Courtesy: Canva & X/@FASTag_NETC