Is Your Paytm FASTag Account Closed? Here's How To Check The Status
NDTV
Paytm FASTag users are urged to deactivate their accounts by tomorrow and get a new one issued from another NHAI-authorized issuer.
The Reserve Bank of India has shut down the Paytm Payments Bank and prohibited them from accepting new clients. After tomorrow, March 15, no new customer accounts, prepaid cards, Paytm Wallets, etc, will accept deposits, credit transactions, or top-ups, which also include FASTags.
Paytm Bank has been one of the largest issuers of FASTags. Paytm FASTag users are urged to deactivate their accounts by tomorrow and get a new one issued from another NHAI-authorized issuer.
The National Highways Authority of India (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.”