Avoid Penalties and Ensure Smooth Highway Travel with Timely Transition
The National Highways Authority of India (NHAI) has issued a crucial advisory for users of Paytm FASTag, urging them to procure new FASTags from alternative banks before March 15. This proactive measure aims to facilitate uninterrupted highway travel and prevent inconvenience or penalties at toll plazas, as per an official statement released on Wednesday.
In light of the Reserve Bank of India’s (RBI) guidelines regarding restrictions on Paytm Payments Bank, NHAI emphasizes the necessity for Paytm FASTag users to transition to alternative FASTag providers. After March 15, 2024, Paytm FASTag users will no longer have the option to recharge or top-up their balances, in accordance with regulatory directives.
To ensure a seamless transition and avoid disruptions in toll payments, NHAI advises Paytm FASTag users to proactively obtain new FASTags from other banks. While users can continue utilizing their existing balances for toll payments beyond the stipulated date, acquiring new FASTags from alternative providers is essential to maintain uninterrupted highway travel.
NHAI encourages Paytm FASTag users to promptly reach out to their respective banks or refer to the frequently asked questions (FAQs) provided on the Indian Highway Management Company Limited (IHMCL) website for comprehensive guidance and assistance.
By adhering to this advisory and procuring new FASTags before the deadline, Paytm FASTag users can ensure a smooth and hassle-free travel experience on national highways, mitigating the risk of penalties or double fee charges. NHAI remains committed to facilitating efficient toll collection systems and enhancing the overall highway infrastructure for the convenience and safety of commuters.
