Paytm FASTag: What You Need to Know After February 29th
Key Points:
Existing Paytm FASTag balances remain usable.
**Top-ups are NOT possible after February 29th.
Action Required: Recharge your FASTag before March 1st to avoid disruptions.
Details:
The Reserve Bank of India (RBI) has restricted Paytm Payments Bank from accepting new deposits or top-ups for its services, including FASTags.
This means you can still use your existing FASTag balance after February 29th, but you won’t be able to add more money to it.
Paytm is working on alternative solutions, but no details are available yet.
Recommendations:
Check your FASTag balance and estimate your upcoming toll expenses.
If needed, top-up your FASTag immediately before the February 29th deadline.
Consider getting a FASTag from a different issuer to avoid future interruptions.
Stay Informed:
Monitor Paytm’s official channels for updates on alternative solutions.
Check the National Highway Authority of India (NHAI) website for FASTag-related information.
By taking these steps, you can ensure a smooth FASTag experience even after the RBI restrictions.
