Paytm FASTag rules changed: Can transfer be done? Know the complete method of closing the account
There have been major changes recently regarding FASTag in India, especially for vehicle owners using Paytm FASTag. If you are wondering whether Paytm FASTag can be transferred to another vehicle or not, the answer is clearly no.
Why is it necessary to close Paytm FASTag?
Of the Government “One Vehicle, One FASTag” As per rule:
- There can be only one FASTag on one vehicle
- FASTag cannot be transferred
- Before taking a new FASTag, it is necessary to close the old one.
Paytm Payments Bank is no longer an authorized FASTag issuer, so its tags will not work.
Will the remaining money be refunded?
Yes. If you have balance left in your FASTag wallet, you can Apply for refund Can do. After this it will be necessary to close the account.
How to deactivate Paytm FASTag?
Follow these easy steps from Paytm app:
- Open Paytm App
- Tap the profile icon at the top left
- Help & Support choose
- Banking Services & Payments go to
- FASTag choose option
- Chat with Us tap on
- Request Customer Care to deactivate FASTag
- Provide the requested information
- complete the process
You will get confirmation through SMS or email.
Paytm FASTag cannot be transferred or used further. The only solution is to get a new FASTag after timely deactivation and refund. With this, trouble at toll plaza can be avoided.
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