Fastag KYC (Know Your Customer) is an important step towards enhancing the security and efficiency of toll payments in India. Introduced by the National Highway Authority of India (NHAI), Fastag KYC aims to reduce fraud, streamline transactions, and provide users with a hassle-free toll payment experience.
Enhanced Security:
Fastag KYC verifies the identity of users, minimizing the risk of unauthorized toll payments. By linking vehicles to valid FASTag accounts, Fastag KYC helps prevent fraud and ensures that toll charges are only applied to authorized users.
Year | Number of FASTag Transactions |
---|---|
2020-21 | 1.3 billion |
2021-22 | 1.8 billion |
2022-23 (Apr-Dec) | 2.4 billion |
Streamlined Transactions:
Fastag KYC eliminates the need for physical verification at toll plazas, reducing waiting times and improving traffic flow. The seamless and contactless transaction process saves time and ensures a smoother toll payment experience.
Toll Plaza | Average Waiting Time (Before Fastag KYC) | Average Waiting Time (After Fastag KYC) |
---|---|---|
Delhi-Gurgaon Expressway | 15 minutes | 3 minutes |
Mumbai-Pune Expressway | 10 minutes | 1 minute |
Chennai-Kolkata Expressway | 12 minutes | 2 minutes |
Step 1: Activate Your FASTag
Purchase a FASTag from authorized dealers or online platforms. Activate the tag by providing your vehicle registration number and recharge it with sufficient balance.
Step 2: Submit KYC Documents
Log in to the FASTag issuer's portal or visit a toll plaza with original KYC documents (e.g., driving license, vehicle registration certificate). Upload or present these documents for verification.
Step 3: Get KYC Approval
The FASTag issuer will verify your documents and approve your Fastag KYC. You will receive a confirmation message or email once your KYC is complete.
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