How to Update FASTag KYC
FASTag refers to the electronic toll collection system in India. This system is operated by the National Highways Authority of India (NHAI). It uses Radio Frequency Identification technology to facilitate toll collection. It is essential to promptly update your KYC for FASTag to keep using it conveniently. Read on to learn how to update your FASTag KYC in this article.
What is FASTag?
FASTag is a cashless payment system where tolls are collected electronically through specialised tags called FASTags. This system effectively replaces the old way of collecting tolls through toll plazas, eliminating toll jams. This also helps to save time and make toll collection more effective and simpler. Approximately 35 banks collaborate with this system along with the National Payments Corporation of India and NHAI.
A FASTag is affixed to the user's vehicle, which is linked to a prepaid account. While passing through a toll plaza, the tag digitally transfers the toll amount from the account with RFID technology. This allows people to save time, as this doesn't require people to stop and pay manually.
KYC Updating for FASTag
According to the latest notifications by the NHAI, it is mandatory to update the KYC for FASTag. Failure to update your KYC can lead to your account being deactivated. Updating KYC enables easy user identification, ensuring a seamless and secure payment process.
Steps for Updating FASTag KYC
To update your KYC for FASTag, you can either update from the official FASTag portal or through your bank portal. To update via the FASTag portal, follow the steps given below:
Step 1: Go to the official FASTag portal.
Step 2: Log in using your mobile number and OTP.
Step 3: Click on ‘My Profile’ and select KYC.
Step 4: Fill out the necessary details and submit them.
Update Via Bank Portal
To update your KYC for FASTag through your bank portal, follow the steps given below:
Step 1: Visit the official website of your bank connected to your FASTag.
Step 2: Log in with your credentials.
Step 3: Go to the FAStag section and select KYC.
Step 4: Fill out the necessary information and click submit.
Documents Needed to Update FASTag KYC
To update your FASTag KYC, you need to have some documents with you. They are:
- Driving licence
- Vehicle registration certificate
- Identity proof
- Address proof
- A photograph
Benefits of Updating FASTag KYC
Updating your FASTag KYC has several benefits. Primarily, updated KYC ensures better security, as this makes it easier to identify the owner. So, this can effectively prevent fraud and misuse. Updating FASTag KYC offers enhanced features that can make the payment process more convenient for the owners. It also provides higher recharge limits, which will not be enabled for those who do not update their FASTag KYC.
FAQs on How to Update FASTag KYC
- What are the benefits of the FASTag system?
The FASTag system makes toll collection convenient, as it is done digitally, thus eliminating the need to stop and pay.
- What is the purpose of updating FASTag KYC?
The major purpose of updating your FASTag KYC is to verify the identity of the individuals and to ensure a secure toll payment process.
- Can I update my FASTag KYC online?
Yes, you can update your FASTag KYC online, through the FASTag website or the official website of your bank.
- What are the documents needed to update FASTag KYC?
To update your FASTag KYC, you need to have proof of identity, proof of address, driving licence, vehicle registration certificate, and a photograph.
- What happens if I don't update my FASTag KYC?
If you don't update your FASTag KYC, it may result in your account being deactivated.
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