National Highway Authority of India, today, advised Paytm FASTag users to get new FAstags issued by other bank before 15th March 2024 to ensure seamless travel experience and avoid inconvenience at toll plazas. “This will help in avoiding penalties or any double fee charges while commuting on National Highways”, the Advisory stated.

The Reserve Bank of India has earlier directed Paytm to stop onboarding new customers due to its “persistent non-compliances and material supervisory concerns.”

“In line with the guidelines issued by the Reserve Bank of India regarding restrictions on Paytm Payments Bank, the Paytm FASTags users will not be able to recharge or top-up the balance post 15th March 2024,” NHAI stated. However, they can use their existing balance to pay toll beyond the stipulated date, it added.