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The new FASTag design, intended for Class 4 vehicles, including cars, jeeps, and vans, offers several benefits, such as easier vehicle identification and preventing incorrect toll charges.
The current e-mandate framework requires a pre-debit notification at least a 24-hours before the actual debit from the customer's account.
FASTags that are older than five years should be strictly replaced, while the KYC details of the FASTags that are three to five years old must be updated.
This will help avoid penalties or double fee charges while commuting on National Highways.
The extension comes in response to the challenges encountered by Paytm FASTag users.
he State-owned National Highways Authority of India (NHAI) is considering extending the compliance deadline for the 'One Vehicle, One FASTag'.
The Union Transport Ministry, in its directive, also informed that FASTags with valid balances but with incomplete KYC (Know Your Customer) will get deactivated or blacklisted by banks post-January 31, 2024.
CIAL said it aims to reduce waiting time at the entry and exit points to vehicle parking from approximately 2 minutes to '8 seconds'.
CIAL, which operates the airport, said it has introduced additional parking for taxis at its facility that has a capacity for 2,800 vehicles.
Paytm Payments Bank Ltd (PPBL) on Monday said it has enabled the country's first FASTag-based metro parking facility in partnership with the Delhi Metro Rail Corporation (DMRC).