Steps to close Paytm Fastag & shift to another bank..!?
How to close your account in paytm FASTag and how to open an account in another bank in this package. Immediately after closing your paytm FASTag, you can apply online for another bank FASTag.
Discontinued paytm FASTag Services:
RBI has ordered paytm Payments bank to no longer continue its services based on allegations of non-compliance. Subsequently, the service provided to paytm ended on the 15th. In this case, if you are using FASTag issued by paytm Payments bank (PPBL), you will no longer be able to use it. You can't use the money already in that FASTag account. There is no option but to close that account. How to do it is described below.
Open the paytm app on your mobile
An option "FASTag Management" will appear in the search box
Under "FASTag Management", details of all vehicles linked to your FASTag will appear.
There a “Close FASTag” button will appear on the top right side of the page, click on it.
Select the vehicle you want to close FASTag Now.
Click the "Continue" button. Wait for the confirmation message to appear on the mobile screen.
The FASTag account will be closed in 5 to 7 working days.