FASTags with incomplete KYC to be blacklisted after January 31
Monday, 15 January 2024
NHAI warns that all incomplete KYC FASTags will be deactivated by banks after January 31, regardless of balance. NHAI estimates that out of the 7 crore issued FASTags, around 4 crore are active, but compliance with KYC norms is unknown. NHAI urges users to keep only one tag per vehicle and warns that duplicate tags will be blacklisted from February. βFASTag is like the Aadhaar of a vehicle and hence we canβt allow more than one tag linked to a vehicle,β said an official.
|
||||
|
|
||||
You Might Likeπ‘ newsR Knowledge: Other News Mentions
|
||||
![Changes From 1st April 202 That Will Affect Your Life: Top Things That You Must Know Now| Oneindia [Video]](https://video.newsserve.net/300/v/20240401/1371501540-Changes-From-1st-April-202-That-Will-Affect.jpg)
FASTag KYC update: How to update your KYC details for FASTag by January 31 to avoid deactivation or blacklisting by banksNHAI launches 'One Vehicle, One FASTag' initiative to improve Electronic Toll Collection (ETC) system. FASTag users urged to complete KYC process as per RBI...IndiaTimes Also reported by •BGR India •Zee News |
Mumbai cop gets call to update KYC for bank a/c, cheated of Rs 5 lakhA police inspector in Mumbai lost Rs 5 lakh in an online scam. The inspector was targeted in a KYC fraud, where he received a call claiming his bank account...IndiaTimes Also reported by •BGR India |
NHAI to extend KYC compliance deadline for FASTags by one monthIndian Highways Management Company (IHMCL), a subsidiary of the state-owned National Highways Authority of India (NHAI), will extend the deadline for KYC...IndiaTimes Also reported by •BGR India |
