Alert: National Highway Council Emphasizes PayTM FASTag Will Not Be Valid from Today, March 15th!
It has been announced that the PayTM FASTag will not be valid starting today, Friday, March 15th, and users have been advised to switch to other banks.
Most citizens have been using the PayTM FASTag facility to pay tollgate charges nationwide.
In this scenario, the National Highways Council has emphasized that users of the PayTM FASTag facility must switch to other banks before March 15th. PayTM has failed to comply with the rules and regulations set by the Reserve Bank of India, rendering the PayTM FASTag facility unusable from today. Recharging or topping up will no longer be possible.
As a result, current users of the PayTM FASTag may face hardships, particularly vehicle owners/drivers who rely on this facility.
The National Highway Council has initiated this action to ensure travelers using the National Highways experience a trouble-free journey.
Accordingly, the National Highway Council has released a list of approved banks that can issue FASTags. There are 39 financial organizations on this approved list, including Airtel Payment Bank, Axis Bank Limited, Bandhan Bank, Bank of Baroda, Canara Bank, HDFC Bank, ICICI Bank, IDFC First Bank, IndusInd Bank, Kotak Mahindra Bank, Punjab National Bank, State Bank of India, and Yes Bank.
