Update Your IndusInd FASTag KYC with Ease

The National Highways Authority of India (NHAI) is set to launch the “One Vehicle, One FASTag” scheme. The scheme plans to prevent using a single FASTag for multiple vehicles. NHAI encourages FASTag users to complete their KYC process as per Reserve Bank of India guidelines. Update your IndusInd FASTag Kyc, which is mandatory for all vehicles across toll plazas in India. IndusInd Bank offers FASTag services and requires customers to complete their KYC verification to activate and continue using FASTag to ensure smooth functioning and uninterrupted use of your FASTag. 

What is KYC, and why is it essential for FASTag?

KYC or Know Your Customer refers to the verification process used by financial institutions to authenticate their customers’ identities before providing them with any financial products or services. In the case of FASTags, KYC is necessary to link the tag to your bank account and enable automatic deductions when passing through toll plazas. Without proper KYC documentation, your FASTag may not work correctly, causing inconvenience during travel.

IndusInd FASTag KYC

How to update your IndusInd FASTag KYC?

Updating your IndusInd Fastag KYC can be done both online and offline. Here are the steps involved:

Online method:

To update fastag KYC details online, follow these simple steps:

Step 1: Visit the official website of IndusInd Bank.

Step 2: Hover over the Banking tab on the homepage and select FASTag from the dropdown menu.

Step 3: Click the Update KYC Details button on the page’s right-hand side.

Step 4: Enter your registered mobile number and click Submit. You will receive an OTP (one-time password) for authentication purposes.

Step 5: Once verified, enter the required KYC documents such as PAN card, Aadhaar card, driving license, passport, voter ID, or NREGA job card. Make sure the document is valid and clear.

Step 6: Upload scanned copies of your chosen identity proof’s front and back sides and a recent photograph. 

Step 7: Fill out the remaining form fields, including your name, date of birth, gender, vehicle registration number, and email address.

Step 8: Check all the entered details carefully and apply.

Step 9: Upon successfully submitting an update Fastag KYC, you will receive an acknowledgment message containing a reference number. 

Step 10: IndusInd Bank will verify your submitted KYC documents within five business days. Once approved, you will receive a confirmation message via  SMS and email.

Offline Method:

If you prefer visiting a physical branch, here’s how you can update IndusInd Fastag KYC details offline:

Step 1: Locate your nearest IndusInd Bank branch that offers IndusInd Bank Fastag KYC Update services.

Step 2: Carry original and photocopies of your KYC documents such as PAN card, Aadhaar card, driving license, passport, voter ID, or NREGA job card.

Step 3: Meet the bank representative and request to update your KYC details.

Step 4: Submit the photocopy of your chosen identity proof and a recent passport-sized photograph.

Step 5: Provide your vehicle’s registration number, mobile number, and email address.

Step 6: The bank representative will review your documents and complete the necessary formalities to IndusInd Fastag KYC.

Step 7: Collect the receipt confirming the completion of the KYC updation process.

Benefits of Updating KYC for IndusInd FASTag 

It is essential to keep your IndusInd bank fastag KYC update for the following reasons:

  • Compliance with RBI regulations – RBI has mandated full KYC for wallet and prepaid instruments like FASTag. Not completing KYC can lead to the blocking of your FASTag.
  • Enhanced transaction limit – Updating your KYC improves your account’s monthly and daily transaction limits. 
  • Uninterrupted tag usage – Updated KYC ensures you face no problems due to a lack of KYC during toll transactions.
  • Access to FASTag history – With complete KYC, you can view detailed statements and transaction history for your FASTag account.
  • Addition of new vehicles – KYC completion allows you to add new vehicle registrations to the same FASTag account.
  • Customer support – IndusInd can provide better customer support for KYC-updated FASTag accounts on +917497822202

Conclusion 

Updating KYC is vital for hassle-free use of your IndusInd FASTag at toll plazas nationwide. It prevents service denial or blocks due to a lack of KYC compliance and allows you to seamlessly pass toll plazas as the tag is linked to your identity. Carefully complete the online KYC process by submitting valid documents and details accurately. Make sure to opt for notification alerts to track the status of your submitted KYC documents. Maintain active KYC to enhance your daily spending limit and add new vehicles to the same FASTag account. Updated  IndusInd Fastag KYC also gives you access to detailed electronic transaction statements. If you want to purchase Fastag for your vehicle, call +917497822202. Visit to know more Fastag Suvidha.

 

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