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Business EconomyPosted at: Mar 13 2024 7:50PM


Paytm FASTag users must procure tag from another bank by Mar 15: NHAI

New Delhi, Mar 13 (UNI) In line with the guidelines issued by the Reserve Bank of India (RBI) regarding restriction on Paytm Payments Bank Limited, the NHAI on Wednesday advised Paytm FASTag users to procure new FASTag before March 15, 2024.
“To ensure seamless travel experience and avoid inconvenience at toll plazas, NHAI has advised Paytm FASTag users to procure a new FASTag issued by another bank before March 15, 2024. This will help in avoiding penalties or any double fee charges while commuting on National Highways,” Ministry of Road Transport & Highways said in a release here.
This is in line with the guidelines issued by the RBI regarding restrictions on Paytm Payments Bank, the Paytm FASTags users will not be able to recharge or top-up the balance post 15th March 2024. However, they can use their existing balance to pay toll beyond the stipulated date.
FASTag users can reach out to their respective banks for any further query. NHAI has urged all Paytm FASTag users to take proactive measures to ensure a seamless travel experience on the National Highways across the country.
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Tags: #Paytm FASTag users must procure tag from another bank by Mar 15: NHAI
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