Is it mandatory to upgrade the FASTag wallet to Full KYC? How will it affect usage of my FASTag?
Is it mandatory to upgrade the FASTag wallet to Full KYC? How will it affect usage of my FASTag?
It is not mandatory to upgrade the KYC status of your wallet to Full KYC. As per RBI guidelines, a Perpetual/Limited KYC wallet is valid forever with the monthly recharge limit of INR 10000. Your daily transactions on FASTag will remain unchanged. As there is no time bound restriction, it will be your decision to upgrade the KYC status of FASTag wallet.
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