Home TECH Last day to update FASTag KYC: How to do it and other...

Last day to update FASTag KYC: How to do it and other details

129
0

If you have a car equipped with a FASTag and maintain a sufficient balance, it is advisable to verify the status of your KYC (Know Your Customer). NHAI has announced that FASTags with incomplete KYC will be deactivated by banks on January 31. NHAI emphasises the importance of completing KYC for FASTags in compliance with RBI guidelines.
The National Highways Authority of India (NHAI) has introduced the “One Vehicle, One FASTag” initiative aimed at optimising and improving toll collection efficiency.This NHAI program aims to discourage the use of a single FASTag for multiple vehicles or the use of multiple FASTags for a single vehicle.
How to update FASTag KYC
If you have still not updated the FASTag KYC, tomorrow(January 31) is the last day to do so. Follow the below mentioned steps to complete the process:

  • Open the official FASTag website – https://fastag.ihmcl.com
  • Now login using your registered mobile number and password. In case you forgot the password, then you can use the OPT-based validation for login
  • After this, go to the dashboard menu and from the left side select the My Profile option
  • Now the My Profile page will display the information about your KYC status along with all the profile details submitted during the registration process
  • In case you have not completed the KYC process, then head to the KYC sub-section placed next to the ‘Profile’ sub-section
  • After this click on the ‘KYC’ sub-section, where you will be asked to choose your ‘Customer Type’
  • Now fill in the mandatory details by submitting the ID proof and address proof documents. Along with this, also upload your passport-size photo
  • Before submitting these details, ensure that you tick the declaration
  • Now proceed with the KYC verification process by submitting the required information.

Documents required for KYC:

  • Registration Certificate (RC) of the vehicle.
  • Passport size photograph of the vehicle owner.
  • KYC documents as per the category of the vehicle owner:

Individual
ID proof and Address proof from the list mentioned, and 1 passport size photograph
Driving License PAN Card Passport Voter ID Card
A valid driving license would be sufficient for Address & ID proof.
Corporate (Non-Individual)
Public Ltd./ Private Ltd./ Partnership Proprietorship
Certificate of Incorporation/ Partnership Deed/Registration certificate of the firm PAN Card of Proprietor
PAN Card of the corporate Address Proof of the Proprietor
Photo ID of signing authority Shop Act or other Firm Proof
List of Directors with addresses/Name and addresses of Partners
Pan Card (if HUF is taken as Customer)
Udyog Aadhaar
Sales Tax Registration