One Vehicle, One FASTag initiative is to discourage the use of a single FASTag for multiple vehicles. Moreover, it will stop linking multiple FASTags to a particular vehicle. One Vehicle, One FASTag is been initiated by NHAI. Additionally, the aim is to improve the efficiency of the Electronic Toll Collection system and enable smooth movement at the Toll Plazas.
Furthermore, NHAI said in a statement on Monday that it has been decided to discontinue Fastags with un-updated KYC.
Important news has come out for those who own a four-wheeler or a bigger vehicle. According to the information revealed, Fastag IDs will be deactivated from January 31. The National Highways Authority of India (NHAI) said on Monday. Furthermore, to increase the efficiency of the electronic toll collection system, Fastags with un-updated KYC will be deactivated by banks after January 31.
One Vehicle, One FASTag decision taken after RBI report
The RBI report had given information about multiple Fastags being issued for a particular vehicle in violation of the order and Fastags being issued without KYC. Therefore, the National Highway Authority of India has taken this decision after the recent report released by the RBI.
NHAI has issued this instruction under ‘One Vehicle, One Fastag’. The objective is to discourage user behaviour of using a single FASTag for multiple vehicles or linking multiple FASTags to a particular vehicle.
The instructions further said that to avoid inconvenience, FASTag users must ensure that the KYC of their latest FASTag is updated. NHAI’s statement said that only the latest Fastag IDs will remain active.
FASTag has transformed the Electronic Toll Collection system in India. It has a penetration rate of approximately 98% and over 8 crore users. The ‘One Vehicle, One FASTag’ initiative aims to enhance the efficiency of toll operations. Moreover, ensures seamless travel for users of the National Highway.Â