NHAI Advises Paytm FASTag Users to Transition to Alternate Bank FASTags by 15th March 2024
NHAI Advises Paytm FASTag Users to Transition to Alternate Bank FASTags by 15th March 2024
The National Highways Authority of India (NHAI) has issued a crucial advisory for users of Paytm FASTag, urging them to obtain a new FASTag from alternative banks by March 15, 2024. This move is aimed at guaranteeing a smooth travel experience on National Highways and circumventing any potential penalties or double fee charges at toll plazas.
Following the Reserve Bank of India's guidelines, which impose restrictions on Paytm Payments Bank, Paytm FASTag users will find themselves unable to recharge or top-up their FASTag accounts after the mentioned date. Nevertheless, the remaining balance in their accounts can still be utilised for toll payments beyond this deadline.
For additional support or enquiries concerning Paytm FASTag, individuals are encouraged to contact their respective banks or consult the frequently asked questions (FAQs) available on the Indian Highways Management Company Limited (IHMCL) website. NHAI strongly advises all Paytm FASTag users to take immediate action to secure a seamless and hassle-free travel experience on the country's National Highways.