[ad_1]
Aiming to ensure a seamless travel experience and avoid inconvenience at toll plazas, the National Highways Authority of India (NHAI) has issued an advisory for Paytm FASTag users to procure a new FASTag issued by another bank before 13 March 2024.
According to the Ministry of Road Transport & Highways, this move would help users in avoiding penalties or any double fee charges while commuting on National Highways.
The recent advisory by NHAI arrived on Wednesday in line with the guidelines issued by the Reserve Bank of India regarding restrictions on Paytm Payments Bank.
Post 15 March 2024, Paytm FASTags users will not be able to recharge or top-up the balance, but they can use their existing balance to pay tolls beyond the stipulated date.
“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. However, they can use their existing balance to pay tolls beyond the stipulated date,” the MoRTH said in an official statement.
The Paytm Fastag users can reach out to their respective banks or refer to the FAQs provided on the Indian Highways Management Company Limited (IHMCL) website for any further queries or assistance related to Paytm FASTag, said MoRTH.
The Ministry also urged all Paytm FASTag users to take proactive measures to ensure a seamless travel experience on the National Highways across the country, the Ministry added.
More to come…
Unlock a world of Benefits! From insightful newsletters to real-time stock tracking, breaking news and a personalized newsfeed – it’s all here, just a click away! Login Now!
Download The Mint News App to get Daily Market Updates.
Published: 13 Mar 2024, 03:27 PM IST
[ad_2]
Source link