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regular-article-logo Tuesday, 25 June 2024

NHAI asks Paytm FASTag users to procure new one from another bank by March 15

This will help avoid penalties or double fee charges while commuting on National Highways

PTI New Delhi Published 13.03.24, 03:47 PM
Representational image.

Representational image. Shutterstock

NHAI has advised Paytm FASTag users to obtain a new FASTag from another bank before March 15 to ensure a smooth travel experience and avoid inconvenience at toll plazas, an official statement said on Wednesday.

This will help avoid penalties or double fee charges while commuting on National Highways, as per the statement.

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Following the Reserve Bank of India's guidelines on restrictions concerning Paytm Payments Bank, the statement said Paytm FASTag users will no longer have the option to recharge or top-up their balance after March 15, 2024.

However, they can continue to use the existing balance to pay tolls beyond the stipulated date, it added.

NHAI also advised Paytm FASTag users to reach out to their respective banks or refer to the FAQs provided on the IHMCL (Indian Highway Management Company Limited) website.

Except for the headline, this story has not been edited by The Telegraph Online staff and has been published from a syndicated feed.

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