India (RBI) on Friday issued a set of FAQs relating to the Paytm Payment Bank crisis. The central bank said that the FASTag linked with Paytm Payment Bank can be used only till March 15, 2024.
However, the RBI has suggested alternative methods to avoid inconvenience for users.
Here's what it said in its set of FAQs:
I have a FASTag issued by Paytm Payments Bank. Can I continue to use it to pay toll after March 15, 2024?
Yes. You can continue to use your FASTag to pay toll upto the available balance. However, no further funding or top ups will be allowed in the FASTags issued by Paytm Payments Bank after March 15, 2024. It is suggested that you procure a new FASTag issued by another bank before March 15, 2024 to avoid any inconvenience.
Paytm Payments Bank crisis: RBI releases Paytm FAQs, details here
Can you use Paytm card for metro, bus travel after March 15? Recharge, balance transfer other queries explained
Paytm Payments Bank crisis: RBI extends timeline for deposits, credit transactions till March 15
« Back to recommendation storiesI don't want to see these stories becauseSUBMITAlso Read: Can you use Paytm card for metro, bus travel after March 15? Recharge, balance transfer other queries explained
I have a FASTag issued by Paytm Payments Bank. Can I recharge the balance after March 15, 2024? No. After March 15, 2024 you will not be able to top-up or recharge your FASTag issued by Paytm Payments Bank. It is suggested that you procure a new FASTag issued by another bank before March 15,