Key Highlights
- Paytm Fastag are banned across India
- 31 other banks authorized for FasTag
- Offline and online mode of purchase available
Paytms Bank ban imposed by RBI came as a surprising move for thousands of consumers in India. The deadline extension got over last month since then the related Paytm services including FasTag have also been terminated. Long cues have been observed outside toll plazas soon after the FasTag ban. While NHAI released the list of all the supported banks, the transition for the Paytm FasTag owners is witnessed at a lower pace. If you are also one of the Pyatm FasTag owners looking to switch to a different bank’s FasTag then you need to look at the steps below.
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Paytm FasTag Replacement: Everything You Should Know
Paytm Fastag is banned entirely across NHAI toll plazas in India. This comes as a part of the RBI guideline where Paytm Bank services have been restricted in India. After NHAI’s confirmation of Paytm’s removal from the list of its authorized service providers for Fastag, Paytm also started notifying users to switch to different banks for the same. As previously mentioned, the deadline for Paytm Fastag cancelation got over back in March 2024.
So applying for a new FasTag is the only resort left for the Paytm Fastag owners. Notably, NHAI’s One Vehicle One FasTag initiative has a major role to play. Paytm owners can only apply for a new FasTag for HDFC, IDFC, ICICI, and others if they have cancelled their previously issued Paytm FasTag.
Paytm is also asking users to upload a snap of destroyed RFID FasTag card. After all the cancellation process is completed one can place order for a new FasTag. Now, if you need one instantly we have mentioned the methods below.
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Offline POS At Toll Plazas
The easiest way to purchase a new FasTag if you have a time crunch is the POS (point-of-sale) across NHAI toll plazas. You would need to provide basic details such as contact, and vehicle registration, etc, to get a new FasTag. A minimum security amount will also be charged for the FasTag to be issued. It is mandate to provide a bank-registered mobile number for activation of Paytm FasTag issued from the desired bank.
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Online Method
This is the process with which you can get a FasTag delivered to your doorstep. However, this might not be the fastest way to get a new Fastag after you’ve deactivated your PayTem FasTag. Most of the UPI apps including Paytm itself is offering new FasTag. However, you can also visit NETC official India website and place an order for a new FasTag.
