Starting from August 1, a new rule has been imposed in regard to FASTag services. Now the vehicle registration number must be uploaded to the FASTag number within 90 days of buying the vehicle. If this number is not updated in the given time it will be put on the hotlist and furthermore 30 days will be given but if the vehicle number is still not updated within that period then their FASTag will get blacklisted.

However, one relief is that FASTag service provider companies have to do KYC (Know Your Customer) of all five-year-old and three-year-old FASTags till October 31.

Fastag New Guidelines From 1st August

The National Payments Corporation of India (NPCI) issued detailed guidelines regarding FASTag in June itself setting August 1 as the date for starting the KYC process by the FASTag service provider companies. But now they will have time from August 1 to October 31 to fulfill all these conditions. As per the new condition, NPCI will also determine fees related to issuing new FASTags, re-issuance of FASTags, security deposits, and minimum recharge.

Service providers have also issued separate guidelines regarding this which may cause problems for those who are purchasing new vehicles or already having an old FASTag. Also, people using it need to be careful because after August 1 rules about blacklisting of fast tag cards will come into effect too.

Also Check: GNSS Based Toll System

Fastag Rules List 2024

• Companies should replace priority-wise five-year-old fast tags
• KYC should be redone for three years fast tags
• The fast tag should be linked with the vehicle registration number and chassis number.
• Vehicle numbers should be updated within 90 days of purchasing a new vehicle.
• Fast tag service provider companies should verify the vehicle database.
• Clear photos of the front and side view of a vehicle should be uploaded during kyc.
• The fast tag should linked with the mobile number.
• Apps, WhatsApp & portals, etc services must be available for the KYC verification process
• All companies should comply with kyc rules before 31oct-2024.

Fastag Rule Violation Charges

Statement: ₹25 each
FASTag closure: ₹100
Tag management:₹25 per quarter
Negative balance:₹25 per quarter

If there are no transactions through FASTag for three months it will become inactive. To reactivate it one will have to visit the portal, this rule may create problems for those who use their vehicle only for a limited distance where no toll is deducted.