How to update Fastag KYC before the February 29th deadline

The National Highways Authority of India (NHAI) recently launched the ‘One Vehicle, One FASTag’ scheme to prevent users from using a single FASTag for multiple vehicles and vice versa. The move is aimed at reducing traffic congestion and streamlining the toll collection process across the country. So, how does this affect you? If you have … Read more

How to deactivate or port Paytm FASTag

planner: Business desk Last updated: February 12, 2024 16:08 UTC Since demonetization in 2016, Paytm has become a part of our lives. People widely use Paytm for various transactions ranging from small and large value payments to FASTag. Most vehicles have a FASTag issued by Paytm, which is linked to their Paytm account. Meanwhile, the … Read more

FASTag KYC compliance period extended; Check date and other details

Last updated: February 3, 2024 19:20 UTC The National Highways Authority of India (NHAI) has extended the KYC compliance deadline for FASTag by one month, i.e. February 29, 2024, a senior government official said. Previously, the last date to complete KYC was January 31. “Out of Rs 127 crore, just over 7 lakh FASTags have … Read more

Paytm users may have to buy new FASTag before February 29 to avoid fines

If you use Paytm’s FASTag to pay tolls, you will have to purchase a new FASTag from another bank before February 29, 2024. Every FASTag comes with a unique UPI ID and for Paytm FASTag users, this UPI ID is directly linked to Paytm Payments Bank. Now, the Reserve Bank of India (RBI) has ordered … Read more

Will Paytm FASTag stop working after February 29?all details

Last updated: February 1, 2024 14:53 UTC Paytm parent company One97 Communications received a major jolt from the Reserve Bank of India (RBI) on Wednesday, ordering Paytm Payments Bank to halt its main payments services by the end of February due to “continued non-compliance” issues. Although Paytm app and Paytm Payments Bank are two different … Read more

FASTag KYC update deadline on January 31: Check steps, documents and key details

Published by: Business desk Last updated: January 30, 2024 12:12 U.S. Standard Time Important deadlines related to FASTag are here. If you frequently drive on the highways or need to cross toll plazas during your daily commute, it is important to update your FASTag KYC details before the January 31 deadline. The National Highways Authority … Read more

All-time high: Around Rs 150 crore per day, toll collection in top gear this financial year

Government data analyzed by News18 shows average toll collection per day reached an all-time high of Rs 150 crore during the first eight months in the financial year 2023-24. This is an improvement from the average collection of Rs 131.5 crore per day during 2022-23 and Rs 93 crore in 2021-22. As of November, the … Read more

What is NHAI’s ‘One Vehicle, One Fastag’ initiative? How to update KYC online and offline

All vehicle owners are now required to update the KYC linked to their FASTags. If they fail to update their details, their FASTag will be deactivated after January 31. Fastag without KYC verification will be blacklisted by banks after January 31. Almost a decade after its launch in 2014, the National Highways Authority of India … Read more