If recurring KYCs was not enough, there’s now a KYV that you must go through if you happen to own a vehicle. Short for know your vehicle, this new process that is supposed to sanitise your FASTag is the latest compliance burden to be thrust on Indians. What was the need? Apparently, cases of misuse of FASTags — in some cases by truck drivers who were using tags meant for cars — convinced policy-makers that they needed a nationwide firewall to prevent a bunch of delinquents from misusing FASTags. What is KYV? It was rolled out as a mandatory process, beginning Oct 31, 2024, that requires all FASTag users to submit images of their vehicle and registration certificate to verify that the tag is linked to the correct vehicle. A National Highways Authority of India (NHAI) initiative
After KYC, compulsory KYV is here. And it’s driving people up the wall
The Times of India9 hrs ago
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