NHAI directs FASTag issuing banks to verify vehicle registration numbers – Introduction



NHAI directs FASTag issuing banks to verify vehicle registration numbers – Introduction

The National Highways Authority of India has ordered all FASTag-issuing banks to validate the vehicle registration numbers (VRNs) linked to FASTags. Additionally, banks have been directed to blacklist FASTags that are linked to incorrect or invalid registration numbers. The move follows complaints of cases where the VRN captured by FASTag readers did not match the vehicle’s number plate.

  1. Mismatch issue seen with older FASTags before they were linked to Vahan database
  2. This can affect toll collection and enforcement: NHAI

Such mismatches can affect toll collection and enforcement, and may even lead to loss of government revenue. In some cases, it could also attract penalties under the 1988 Motor Vehicles Act.

Data accuracy vital for law enforcement

AU Small Finance BankFINO Payments BankNagpur Nagrik Sahakari Bank
Axis BankHDFC BankPAYTM Bank
Bajaj FinanceICICI BankPunjab Maharashtra and Co-operative Bank
Bank of BarodaIDBI BankPunjab National Bank
Bank of MaharashtraIDFC First BankSaraswat Co-operative Bank
Canara BankIndian Overseas BankSouth Indian Bank
Central Bank of IndiaIndusind BankState Bank of India
City Union BankKarur Vysya BankUCO Bank
Equitas Small Finance BankKotak Mahindra BankUnion Bank of India
Federal BankLivQuik Technology (India)Yes Bank
Airtel Payments Bank

*As per National Electronic Toll Collection on April 16.

NHAI stated many of these issues are linked to older FASTags issued before they were connected to the Vahan database, when checks were relatively limited and relied more on manual processes. This becomes especially important with upcoming systems like Multi-Lane Free Flow (MLFF) tolling, where accurate vehicle data will be key for issuing e-notices to rule violators.



Source link