Paytm FASTag alternatives: Deactivate your Paytm FASTag! Here’s Where to Get a New Fast Tag (List of 20+ Banks)

By Shivangi Agarwal • Updated On Feb 19, 2024

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FASTag is an electronic toll collection device that automatically debits toll charges from your linked bank account or wallets like Amazon and Paytm whenever you cross a toll plaza in India. FASTag is collected through stickers pasted on the vehicle’s windshield and these stickers have made the collection of tolls easy and breezy.

Recently, RBI banned Paytm Payments Bank from operating after 28 February 2024. Now, the latest update is that Paytm has been removed from the FASTag providers list. While RBI has extended the deadline for Paytm Payments Bank from February 29 to March 15, it has been clarified that FASTag is not interchangeable.

Customers are advised to close their FASTag accounts by Paytm Payments Bank and apply for a refund. A new FASTag will have to be bought from another bank.

NHAI has revealed the list of 32 banks that are now the FASTag providers in the country. Indian Highways Management Company advises users to buy FASTag exclusively from banks in this list-

Bank Name	Official Link
Airtel Payments Bank	Link
Axis Bank	Link
AU Small Finance Bank	Link
Bank of Maharashtra	Link
Central Bank of India	Link
Canara Bank	Link
Equitas Small Finance Bank	Link
Federal Bank	Link
FINO Payments Bank	Link
HDFC	Link
IDFC First Bank	Link
IDBI Bank	Link
IndusInd Bank	Link
Kotak Mahindra Bank	Link
Nagpur Nagarik Sahakari Bank	Link
Saraswat Co-operative Bank	Link
South Indian Bank	Link
UCO Bank	Link
Union Bank of India	Link
Yes Bank LTD.	Link

ALSO READ: 10 Best Paytm Alternatives for Online Payment Services in India

NHAI also issues FASTag directly. The users can get it directly from highway authority via My FASTag App, available on Android as well as iOS. To do so, install the My FASTag app, launch it, and go to ‘Buy FASTag’ option. Connect it to Amazon or Flipkart through links and purchase the FASTag.

Choose the ‘Activate FASTag’ option, choose Amazon or Flipkart, and use the QR Code scanning. Follow the instructions on the screen to complete the activation of the new FASTag.

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Shivangi Agarwal

Shivangi is a tech writer at Smartprix, where she covers consumer technology news with a focus on smartphones, wearables, laptops, and the evolving world of OTT streaming. Since joining the team in August 2021, she has written over 120 in-depth reviews, comparisons, and buying guides aimed at helping readers navigate the ever-changing tech landscape.

With a strong foundation in English literature and education, Shivangi brings clarity, insight, and a reader-first approach to every story. Her expertise lies in breaking down complex features into accessible, practical insights—whether she’s reviewing the latest smartphone or exploring trends in infotainment.

Shivangi holds a B.A. (Hons.) and M.A. in English, along with a B.Ed in English and Social Studies. She is based in Faridabad, India. You can follow her work on Smartprix or connect with her for tech-related queries.

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