Can Paytm FASTag still be used for toll payments as per RBI FAQs?

[{"selector":"#anim-772b564f-f883-4f05-83e5-daf43a1bf0e3 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(0%, 0%) scale(1)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":3000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] IHMCL recommends getting FASTags from authorized banks for convenient highway travel, excluding PPBL. Apply now for a high-paying government job.

[{"selector":"#anim-6a7d3167-f3c2-4c90-8083-7a9e950d723f [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(0%, 0%) scale(1)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":3000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] The 32 authorized banks include Airtel Payments Bank, Allahabad Bank, Bank of Baroda, HDFC Bank, ICICI Bank, IDBI Bank, Punjab National Bank, SBI, and Yes Bank.

[{"selector":"#anim-df85901d-af18-4182-bae4-914a3aa25584 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(0%, 0%) scale(1)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":3000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] On Friday, the RBI clarified that FASTags can be used for toll payments within the available balance.

[{"selector":"#anim-f9c2de7c-d3d8-4182-ae94-94ee17f49947 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(0%, 0%) scale(1)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":3000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] The RBI advised customers and merchants of Paytm Payments Bank Ltd to move their accounts to other banks by March 15, extending the deadline for the entity to wind down operations.

[{"selector":"#anim-4aadefdd-af6f-44d0-b90f-2d3c15eeb341 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(0%, 0%) scale(1)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":3000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] You can use your FASTag for tolls up to balance; top ups not allowed after March 15, 2024.

Get a new FASTag from another bank before March 15, 2024, when top-up services for your Paytm Payments Bank FASTag will no longer be available.

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You cannot transfer credit balance with FASTag. Close old Paytm Payments Bank FASTag, seek refund.

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Can Paytm FASTag still be used for toll payments as per RBI FAQs?

Get a new FASTag from another bank before March 15, 2024, when top-up services for your Paytm Payments Bank FASTag will no longer be available.

You cannot transfer credit balance with FASTag. Close old Paytm Payments Bank FASTag, seek refund.

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