Paytm Fastag: After the action taken by RBI on Paytm Payments Bank, Paytm Fastag users will not be able to recharge or top-up after March 15, 2024. If you already have money in your Paytm Fastag, you can use it at toll.
Paytm Fastag Deadline: Today is the last day of relief till March 15 that Paytm Payment Bank got from RBI. From tomorrow, along with Paytm Payments Bank, the service of Paytm Fastag will also be stopped. In the advisory of NHAI related to Paytm Fastag, it has been said that to avoid any kind of problem at the toll plaza after March 15, get the Fastag issued from some other bank. If you use Fastag linked to Paytm wallet, your Fastag will not be recharged after March 15.
Will be able to use the money already available
Paytm Fastag service will stop from March 16. If you continue with your old Paytm Fastag, you will have to pay double the toll fee at the toll plaza on the highway. It is noteworthy that after the action taken by RBI on Paytm Payments Bank, Paytm Fastag users will not be able to recharge or top-up after March 15, 2024. If you already have money in your Paytm Fastag, you can use it at toll.
NHAI released the list of banks
National Highways of India (NHAI) has released a list of 39 banks and NBFCs to buy new Fastag. From here you can get a new Fastag issued for your vehicle. The name of Paytm Payments Bank (PPBL) is not included in the revised list issued by NHAI. In the official statement issued by NHAI, it was also said that with this, passengers will be able to avoid fine or double toll tax while traveling on national highways.
Let us tell you that following the RBI guidelines on restrictions related to Paytm Payments Bank, Paytm Fastag users will not be able to recharge or top-up their balance after March 15, 2024. However, they can use the existing balance to pay the toll after the due date.
