Paytm Funds Financial institution has been requested by the Reserve Financial institution of India (RBI) to wind down its operations. The central financial institution in January ordered Paytm Funds Financial institution, an affiliate of Paytm, to cease accepting any contemporary deposits in its account, or fashionable pockets, from February 29. The deadline has now been prolonged to March 15.
No additional deposits or credit score transactions or prime ups shall be allowed in any buyer accounts, pay as you go devices, wallets, FASTags, Nationwide Widespread Mobility Playing cards, and so on after March 15, the RBI stated.
Current Paytm FASTags can be utilized to pay tolls utilizing the stability already within the account, however no top-ups shall be allowed after March 15.
How you can deactivate Paytm FASTag?
1. Dial 1800-120-4210 and supply your registered cellular quantity and the Car Registration Quantity (VRN) or the Tag ID.
2. A Paytm buyer assist agent will affirm the closure of your FASTag.
Alternatively:
1. You possibly can open the Paytm app and faucet on the profile icon.
2. Choose ”Assist & Help” and navigate to ”Banking Providers & Funds” > ”FASTag.”
3. Click on on ”Chat with us” and request the chief to deactivate your account.
How you can purchase a brand new FASTag on-line?
1. Obtain the ”My FASTag” app from Google Play Retailer or Apple App Retailer and click on on ”Purchase FASTag” to entry the e-commerce hyperlink.
2. Buy the FASTag, and it is going to be delivered to your handle.
For Android – https://play.google.com/retailer/apps/particulars?id=com.fastaguser&hl=en_IN
For iOS – https://apps.apple.com/in/app/my-fastag/id1492581255
How you can activate your FASTag on-line?
1. Open the ”My FASTag” app and click on on ”Activate FASTag.”
2. Choose both Amazon or Flipkart.
3. Enter the FASTag ID or scan the QR code.
4. Enter your car particulars and your new FASTag shall be activated.
You too can purchase a FASTag from the next banks:
Journey hassle-free with FASTag! Purchase your FASTag immediately from authorised banks.@NHAI_Official@MORTHIndiapic.twitter.com/LI7xpMwfr4
— FASTagOfficial (@fastagofficial) February 16, 2024
Bear in mind, having a number of FASTags for one car is not allowed and solely the newest FASTag linked to the car will stay energetic.