New Fastag regulations

2 months ago 31
Old 1st August 2024, 23:19   #1

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New Fastag regulations


As per Autocar, further layers of KYC are being added to Fastags, and each tags older than 5 years person to beryllium mandatorily replaced.

I neglect to spot the request for immoderate of this. Tags are anyhow linked to the conveyance number, which is linked to the owner, chassis and motor number.

Indian babudom continues to walk its clip conjuring up caller ways to marque our beingness hard alternatively of fixing the precise existent issues with the roadworthy infrastructure and unsafe driving conditions.

From the article:

The National Payments Corporation of India (NPCI) has announced caller regulations for the physics tolling strategy known arsenic FASTag, effectual from today, August 1. These rules chiefly interaction conveyance owners with FASTags issued implicit 3 years ago. However, adjacent those with precocious issued FASTags indispensable guarantee their tags incorporate close information. Providers volition besides request to guarantee that the information they cod is much comprehensive. Read connected to larn astir each the changes.

FASTags older than 5 years volition request to beryllium replaced
KYC update required for FASTags issued 3 years ago
FASTags request to beryllium linked to car?s registration and chassis number
For FASTags issued 5 oregon much years ago, owners volition request to regenerate them entirely, pursuing the caller procedures that person been enactment into spot for those who supply the tags (detailed below). For tags issued betwixt 3 and 5 years ago, it is mandatory to update the Know Your Customer (KYC) accusation to marque definite it's close by the October 31 deadline.

In addition, each FASTags indispensable beryllium linked to the vehicle?s registration and the chassis (VIN) number. New conveyance owners volition person 90 days from the day of acquisition to implicit this linking.
The caller regulations besides marque it mandatory for FASTag providers to verify and update their conveyance databases with close information, including wide photographs of the vehicle?s beforehand and broadside profiles. Additionally, providers indispensable guarantee that each FASTag is linked to a mobile fig to alteration amended communication.

Failure to comply with the caller norms whitethorn effect successful difficulties and delays astatine tolls owed to imaginable tag suspension. NPCI advises owners to enactment promptly to debar specified occurrences.

Source: https://www.autocarindia.com/industr...e-years-432413

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