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Key Highlights
- Stay up-to-date with the latest FASTag rules to avoid possible inconveniences and delays at the toll plaza.
- FASTag rules require every FASTag to be linked to a mobile number.
- If your FASTag is more than five years old, it should be replaced with a new one.
You might be aware of FASTag and its benefits. It has simplified the way we travel via roadways across India with quick payment, saving time and fuel. But do you know the latest FASTag rules?This blog gives a comprehensive overview of the latest rules and regulations on FASTag. By understanding them better, you can ensure regulatory compliance and enjoy the convenience that a FASTag offers through seamless toll payments.
New FASTag Rules That You Should Know
Understanding the new FASTag rules is essential for maximising FASTag benefits and reducing inconveniences at the toll plaza.Here are some important FASTag rules issued by NPCI through its circular NPCI/2024-25/NETC/001 :
- Mandatory Chassis Number : A FASTag is unique for every VRN (Vehicle Registration Number) and chassis number. As per the new FASTag rules, if you have purchased a new vehicle and the VRN is unavailable, providing the chassis number is mandatory.
- VRN Update : In case of failure to update the VRN within 90 days, the FASTag issuer shall blacklist your FASTag. Furthermore, if there is no update even within 30 days from blacklisting, the issuer shall close the FASTag citing non-compliance with FASTag rules.
- KYC and Re-KYV : The FASTag KYC process shall adhere to the regulatory guidelines and the re-KYV (Know Your Vehicle) should be done every three years.
- Mobile Number Linking : As per the FASTag rules, each FASTag should be linked to a mobile number. A FASTag issued over five years ago must be replaced with newer ones.
- Proper FASTag Placement : The placement of the FASTag should align with the applicable FASTag rules and guidelines. Improper placement attracts a penalty of ₹10,000 and is generally payable by issuers.
Advantages of Having a FASTag
Having a FASTag offers several benefits. Let’s explore some of them:
- Reduced Waiting Time : You no longer need to worry about the maximum waiting time at a toll plaza. If you have a FASTag affixed on your windshield, you save considerable time as you can pass through the toll plaza without halting.
- Direct Pass-Through Tolls : As stated in the previous point, a FASTag enables a direct pass-through, eliminating the maximum waiting time at a toll plaza. This saves you time and fuel, contributing to a more convenient travel experience.
- Easy and Quick Recharge : FASTag simplifies not just toll payments but also recharges. You can quickly and effortlessly recharge your FASTag wallet in different ways, including through UPI and mobile banking.
- Payment Deduction Notification : You usually receive an SMS intimation after the toll payment is deducted. This helps you track your FASTag transactions. You can also monitor these transactions by logging in to the portal of your FASTag issuer.
Follow FASTag Rules To Optimise the Benefits a FASTag Offers
Understanding FASTag rules is crucial. It keeps you informed about the latest rules, their need, and the consequences of non-compliance. You must ensure compliance with the relevant guidelines to make your travel a hassle-free and pleasant experience.Likewise, abiding by insurance rules is also important. An insurance policy is mandatory before you take your vehicle on the roads. Apart from being a legal mandate, an insurance policy offers protection from unpredictable events.Explore comprehensive car insurance for enhanced protection and stress-free travel. Also Read: How to get FASTag Online in 5 Easy Ways?
FAQS - FREQUENTLY ASKED QUESTIONS
What is the maximum waiting time at a toll plaza?
It is difficult to state the maximum waiting time at a toll plaza. It depends on the queue and the time taken by others to make toll payments.
Is there a way to reduce the maximum waiting time at toll plaza?
Yes. You can reduce the maximum waiting time at a toll plaza with the help of FASTags.
How are FASTags useful to reduce the maximum waiting time at toll plazas?
With a FASTag, you can drive through the toll plaza directly without halting. The toll payments get deducted from the linked account, reducing the maximum waiting time at a toll plaza.
Apart from reducing the maximum waiting time at toll plazas, what other benefits does a FASTag offer?
Since the maximum waiting time at a toll plaza is reduced, a FASTag helps you save time and fuel.
Why is it important to know the latest FASTag rules?
It is important to know the new FASTag rules to reduce the likely inconveniences and delays at the toll plaza.
What are the FASTag rules related to re-KYV?
The rules suggest the re-KYV process should be done every three years.
My FASTag is close to five years old. What is the relevant rule in this case?
You must note that all tags that are more than five years old must be replaced with new ones.
I have purchased a new vehicle. What is the applicable rule that I should be aware of?
A FASTag is unique for every VRN and chassis number. If you have purchased a new vehicle and the VRN is not available, then providing the chassis number is mandatory and the VRN must be updated subsequently.
What if the VRN is not updated subsequently? What are the consequences?
In case of failure to update the VRN within 90 days, the FASTag issuer shall blacklist your FASTag. If the failure continues and the VRN is not updated within 30 days from blacklisting, the issuer shall close the FASTag on the grounds of non-compliance.
How can I monitor my FASTag transactions?
You can monitor your FASTag transactions by logging in to the portal of your FASTag issuer. The portal typically provides a transaction summary along with other relevant details.
The information contained herein is generic in nature and is meant for educational purposes only. Nothing here is to be construed as an investment or financial or taxation advice nor to be considered as an invitation or solicitation or advertisement for any financial product. Readers are advised to exercise discretion and should seek independent professional advice prior to making any investment decision in relation to any financial product. Aditya Birla Capital Group is not liable for any decision arising out of the use of this information.
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