April 17, 2024

In line with an order issued by the Reserve Financial institution of India (RBI) on January 31 to Paytm Funds Financial institution Restricted (PPBL), the banking arm of the big fintech firm Paytm, about “persistent non-compliances,” prospects using PPBL for FASTags would wish to shut their present ones and create new ones after March 15.

The RBI initially prohibited Paytm Funds Financial institution from accepting new shoppers after February 29, however they later gave the deadline an extension of fifteen days. Nonetheless, there are as much as 5 different Paytm FASTag choices to have in mind.

An internet recharge permits a FASTag to be renewed, which reduces journey time, and gasoline consumption, and improves toll-collecting effectivity by disposing of the necessity to make human funds.

What are the options to Paytm FASTag?

NHAI FASTag

When bought, it’s not related to any specific financial institution, making it bank-neutral. It’s out there from approved places like as gasoline stations, toll stands, web websites, the My FasTag app, and on-line retailers like Amazon and Flipkart.

Kotak Mahindra Financial institution, HDFC Financial institution, SBI, and ICICI Financial institution

Making use of for a FASTag might be finished on the web site of the actual lender or by going to one in all their branches.


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