Recently the Reserve Bank of India (RBI) has banned Paytm Payments Bank. Paytm Payments Bank was providing various facilities to the users including the use of Fast Tags for online payment of toll charges. Due to restrictions people are now considering switching their FASTag to another bank. Can FASTag be ported and what is the process? let's find out.
Anyone can port their FASTag:
To obtain FASTag, individuals need to visit the online FASTag portal of the bank and apply for it. This process allows them to obtain FASTag. FASTag has been made mandatory for all vehicles from 2019. If someone wants to switch his FASTag from one bank to another, he can do so. To port FASTag to another bank, individuals need to contact the customer care of the new bank, inform them about their intention to switch and answer a few questions. After this FASTag will be successfully ported to the new bank.
Banks Providing Fast Tag Services in India:
Many major banks and financial institutions in India offer Fastag services, including HDFC Bank, IDFC First Bank, ICICI Bank, State Bank of India, Bank of Baroda, Equitas Fastag Recharge, Federal Bank, IDBI Bank, Kotak Mahindra Bank, IndusInd Bank Are included. Axis Bank, Equitas Small Finance Bank and South Indian Bank.