Many rules are going to change across the country from 1 August 2024. Which will affect the online work. At the same time, the new rules of FASTag are going to be implemented. It is important to know these changes, otherwise you may suffer. Let's know about this-
Fastag's new rules
Fastag KYC is mandatory for drivers from August 1. Under the new rules, if you have 3 to 5 year old FASTags, you will have to update the KYC. FASTags older than 5 years must be replaced before 31st October.
Registration has to be done within 90 days
Let us tell you that in the new FASTag-related vehicles, the vehicle registration number will have to be uploaded on the FASTag number within 90 days after taking the vehicle. If not updated within time then it will be put in hotlist. After that, an additional time of 30 days will be given, but if the vehicle number is not updated even then, FASTag will be blacklisted.
National Payments Corporation of India (NPCI) in June
The National Payments Corporation of India (NPCI) had issued detailed guidelines on FASTag in June, setting a date of August 1 to initiate the KYC process for FASTag service providers.
Now the companies will have time from August 1 to October 31 to fulfill all the conditions. As per the new conditions, the charges related to issuance of new FASTag and old FASTag, security deposit and minimum recharge have also been fixed by NPCI.