New FASTag regulations to come into effect on August 1: Here's all you need to know
Starting August 1, 2024, the National Payments Corporation of India (NPCI) introduces significant changes to FASTag regulations, emphasizing Know Your Customer (KYC) requirements. FASTag holders must update KYC for tags issued 3-5 years ago and replace tags older than five years. All FASTags must be linked to vehicle registration and chassis numbers. Clear photos and mobile numbers are also required. The final deadline for compliance is October 31, 2024.
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