In a rapidly evolving digital landscape, ICICI Bank's Fastag KYC service empowers drivers to experience hassle-free toll payments. By linking your Fastag account to your KYC-compliant account, you can enjoy automatic toll deductions and eliminate the need for cash or manual payments.
Fastag: A radio frequency identification (RFID) device affixed to a vehicle's windscreen, enabling toll payments through electronic toll collection (ETC) lanes.
KYC (Know Your Customer): A regulatory requirement to verify the identity and address of customers to prevent fraud and money laundering.
Step 1: Obtain a Fastag
Purchase a Fastag from ICICI Bank's website or designated toll plazas.
Step 2: KYC Verification
Submit your KYC documents (Aadhaar card, PAN card, etc.) to ICICI Bank for verification through any of the following channels:
- ICICI Bank branch
- ICICI Bank website
- Mobile banking app
Step 3: Link Fastag to KYC
Once your KYC is verified, link your Fastag to your KYC-compliant account by visiting the ICICI Bank website or mobile banking app.
Key Benefits of "ICICI Fastag KYC":
According to the National Highway Authority of India (NHAI), over 90% of toll payments in India are now processed through Fastag. This has significantly reduced traffic congestion at toll plazas and improved road safety.
Pros:
Cons:
Table 1: KYC Documents Required
Document | Purpose |
---|---|
Aadhaar Card | Identity verification |
PAN Card | Address verification |
Driving License | Address and identity verification |
Vehicle Registration Certificate | Vehicle ownership verification |
Table 2: Toll Plazas Accepting ICICI Fastag
Region | Toll Plazas Count |
---|---|
North India | 200+ |
West India | 150+ |
South India | 120+ |
East India | 80+ |
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