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    Himachal Pradesh Govt Transfers Two IAS Officers; IAS R Selvam Made Financial Commissioner

    Himachal Pradesh Govt Transfers Two IAS Officers; IAS R Selvam Made Financial Commissioner

    IAS Prashant Kumar Mishra Elevated to Private Secretary to Union Jal Shakti Minister

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    Bihar Govt Approves Upgradation of 75 ITIs into Advanced Skill Centres under PM- SETU, Boosts Employment Push

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    Andhra Pradesh Fuel Crisis: Panic Buying Triggers Petrol, Diesel Shortage, Hundreds of Pumps Shut

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    IDFC First Bank Q4 Results FY26: Profit Increases 5% YoY to Rs 319 Crore; NII Up 16%

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    Trent Q4 Results FY26: Net Profit Jumps 33% to Rs 413 Crore; 1:2 Bonus Shares, Rs 6 Dividend

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    MCX Gold Price Today in India: City-Wise 24K, 22K Gold, 999 Silver Rates Amid US Dollar Index Swings

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Home Governance News

NHAI implements ‘One Vehicle, One FASTag’ to boost national highway efficiency

By: Editorial Desk

by Editorial Desk
January 16, 2024
in News
Reading Time: 2 mins read
NHAI implements ‘One Vehicle, One FASTag’ to boost national highway efficiency

NHAI implements ‘One Vehicle, One FASTag’ to boost national highway efficiency

Summarize with:

New Delhi: The National Highways Authority of India (NHAI) has introduced the ‘One Vehicle, One FASTag’ initiative in a bid to optimise the Electronic Toll Collection system and streamline traffic flow at Toll Plazas. The primary objective is to discourage the practice of using a single FASTag for multiple vehicles or linking multiple FASTags to a specific vehicle.

NHAI is urging FASTag users to complete the ‘Know Your Customer’ (KYC) process for their latest FASTag, aligning with RBI guidelines. FASTags with valid balances but incomplete KYC will be deactivated or blacklisted by banks after January 31, 2024.

To avoid disruptions, users must ensure the completion of KYC for their latest FASTag and adhere to the ‘One Vehicle, One FASTag’ policy, discarding any previously issued FASTags through their respective banks.

Only the latest FASTag account will remain active, as previous tags will be deactivated or blacklisted after January 31, 2024. For assistance or inquiries, FASTag users can contact the nearest toll plaza or the toll-free customer care number of their respective issuer banks.

This initiative follows recent reports of multiple FASTags being issued for a single vehicle and the issuance of FASTags without proper KYC, violating RBI mandates. Additionally, instances of deliberately not affixing FASTags to the vehicle windscreen have resulted in unnecessary delays at toll plazas, causing inconvenience to fellow National Highway users.

With a penetration rate of approximately 98 percent and over 8 crore users, FASTag has significantly transformed the Electronic Toll Collection system in the country.

Also Read More – 

  • NHAI company IHMCL inks MoU with Srisailam Tiger Reserve for FASTag-based Payments at Forest Entry Points
Summarize with:
Tags: boost national highway efficiencyElectronic Toll Collection systemElectronic Toll Collection system in the countryFASTagsKnow Your CustomerKYCNational Highway usersNational Highways Authority of IndiaNHAINHAI implements ‘One VehicleOne FASTagOne FASTag’ to boost national highway efficiencystreamline traffic flowToll Collection systemToll Plazas
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