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Ever since the Reserve Bank of India (RBI) has taken action against Paytm Payments Bank, Paytm users are in a lot of confusion. Many people also recharge Fastag through Paytm. There is a relief news for Paytm users amid the ban on Paytm Payments Bank. If you are a Paytm user then you can easily recharge Fastag. Apart from this, Paytm is also giving the option to buy a new Fastag. Overall, Paytm has removed the problem of recharging Fastag and purchasing a new Fastag.
HDFC Bank will help you in buying new Fastag from Paytm. Paytm has started Fastag recharge facility directly from the app. This will make it easier for Paytm users to travel on the road. This move will save users from long queues and delays at toll plazas.
Now you will be able to recharge your Fastag anytime and anywhere from Paytm app. Additionally, Paytm users now also have the option to purchase a new Fastag from HDFC Bank on the app.
Why is Fastag important?
Fastag is mandatory for all four wheelers. It is pasted on the windscreen of the vehicle. Radio-frequency identification technology (RFID) is used for tags. When a vehicle crosses a toll plaza, the FASTag toll tax amount is automatically deducted. This makes it much easier to pay at the toll plaza.
Recharge FASTag from Paytm
Follow this method to recharge Fastag from Paytm app.
1. Go to the 'Bill Payment' section and tap on the 'Fastag Recharge' option.
2. Select your Fastag issuing bank.
3. Enter your FASTag linked vehicle number and tap 'Proceed'.
4. Confirm your details and enter the recharge amount.
5. Tap on 'Proceed to Payment' to complete the recharge.
Once the recharge process is complete, the recharge amount is instantly updated in your FASTag. The following banks and institutions can issue you FASTag-
It could be IDFC First Bank, ICICI Bank, HDFC Bank, Kotak Mahindra Bank, State Bank of India, AU Bank, Airtel Payments Bank, Axis Bank, Bandhan Bank, Bank of Baroda, Bank of Maharashtra. Canara Bank, Equitas Small Finance Bank, Federal Bank, IDBI Bank, IOB Fastag, Indian Bank, Indian Highway Management Company, IndusInd Bank, Karnataka Bank, UCO Bank, The South Indian Bank Limited, Union Bank of India and others.
How to buy new fastag
Meanwhile, Paytm users who want to buy the new Fastag can buy Fastag through HDFC Bank. Follow this process to buy new Fastag from Paytm.
How to buy HDFC Bank Fastag from Paytm app
1. On the Paytm app, search for 'Buy HDFC Fastag' and tap on it.
2. Enter vehicle owner and vehicle details.
3. Make the payment, HDFC Fastag will be delivered to your home address.
Finally, it is important to clarify that all services related to Paytm app including UPI transactions, QR codes, Soundbox and card machine payments are running without any interruption. According to Paytm, the company is committed to ensuring that its entire range of digital payments solutions continues to operate efficiently, providing reliable convenience to millions of users and merchant partners across India.
