A comprehensive guide on the process to close Paytm FASTag accounts.
Learn How to Deactivate Paytm FASTags
In the ever-evolving landscape of digital toll collection, FASTag has become an indispensable tool for seamless travel on India’s highways.
However, there may come a time when you need to close your FASTag account, either because you are selling your vehicle, switching to another FASTag provider, or any other reason.
Deactivating a Paytm FASTag account is straightforward, ensuring you can quickly and efficiently manage your account's closure.
The process to cancel a Paytm FASTag is designed to be user-friendly, considering the varied technical abilities of a wide range of users. Whether selling your vehicle, switching to another provider for better features, or simply no longer needing it, Paytm provides a hassle-free closure process.
Steps to close Paytm FASTag
- Contact customer service: To initiate the closure request, contact Paytm’s FASTag customer service via their hotline or the Paytm app.
- Provide necessary details: You will be asked to provide your FASTag details, including the vehicle registration number associated with the FASTag you wish to close.
- Request for closure: Submit your request to cancel FASTag Paytm. Paytm may ask for additional information or documentation to process your request.
- Refund process: Once your closure request is processed, any remaining balance in your FASTag wallet will be refunded to your primary Paytm wallet or bank account, as you prefer.
How to purchase a new FASTag
If you are looking to replace your old FASTag or get a new one for a different vehicle, purchasing a FASTag has become simpler than ever.
You can buy a new FASTag online through various platforms, including official FASTag issuers like banks, digital wallets, and other financial services platforms.
The process usually involves filling out a form, providing your vehicle’s registration details, and making a payment, which includes the tag issuance fee and a refundable security deposit.
How to purchase a new FASTag on the Bajaj Finserv BBPS platform and the Bajaj Finserv app
The Bajaj Finserv BBPS platform and the Bajaj Finserv App offer a streamlined process to purchase a new FASTag:
- Download the app or visit the platform: First, download the Bajaj Finserv app or visit the Bajaj Finserv BBPS platform online.
- Select the FASTag option: Choose the option to purchase a FASTag.
- Enter vehicle details: Fill in your vehicle registration number and other required details.
- Make payment: Complete the purchase by paying the tag fee and the refundable security deposit.
Note that a convenience fee of up to 2% may be levied based on the transaction amount and payment mode (including applicable taxes).
Benefits of using the Bajaj Finserv platform
Choosing the Bajaj Finserv platform for your FASTag needs comes with multiple advantages:
- Convenience: Easily purchase or manage FASTags from anywhere, anytime.
- Transparency: Get precise fee details, including any upfront convenience charges.
- Security: Secure payment channels ensure your financial data is safe.
- Customer Support: Access to customer service for any queries or support needed during the purchase or management of your FASTag.
In conclusion, whether you are looking to close a FASTag Paytm account or purchase a new FASTag, platforms like Paytm and Bajaj Finserv offer convenient, secure, and efficient services to meet your toll payment needs.
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Frequently asked questions
Deactivating your Paytm FASTag account can be done by contacting Paytm’s FASTag customer service via their hotline or the Paytm app. Provide the necessary details for your FASTag and follow the steps the customer service representative provided to complete the deactivation process.
The time taken to close a Paytm FASTag account can vary, but typically, the process is completed within 7 to 14 working days. This period allows Paytm to process your closure request and refund any remaining balance in your FASTag wallet.