Paytm is a prominent Indian digital payments and financial services company. It offers a wide range of services including mobile recharges, bill payments, e-commerce, and financial products such as loans and insurance, through its user-friendly mobile app and website platform. Paytm Payment Bank FASTag is a reliable and efficient solution for toll payments across highways, saving both time and fuel. To ensure seamless management of your FASTag account, regularly checking your Paytm Payment Bank FASTag statement is essential. This guide explains the methods to download your statement, its importance, and tips for managing your Paytm Payment Bank FASTag account effectively.

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Methods to download Paytm Payment Bank FASTag statement

Obtaining your Paytm Payment Bank FASTag statement is simple, offering users a hassle-free experience to review their transactions. Here are the steps:

Using the Paytm App

1. Log in to the Paytm app using your registered mobile number

2. Navigate to the ‘FASTAG’ section under the ‘Payments’ menu

3. Select the option for ‘TRANSACTION HISTORY’ or ‘STATEMENT’

4. Download the statement for your required time period.

Through the Paytm Payment Bank website

• Visit the official Paytm Payment Bank website and log in to your FASTag account.
• Head to the transaction details section.
• Select the statement and download it in your preferred format.

Importance of regularly checking your FASTag statement

Keeping an eye on your FASTag statement is more than just good practice; it helps users stay on top of their finances and avoid potential issues.

• Monitor transactions: Regularly reviewing statements helps track deductions for tolls and ensures no unauthorised charges.
• Identify errors: In case of incorrect deductions or system glitches, reviewing statements allows timely action to rectify the problem.
• Plan expenses: Understanding toll payments can help plan travel budgets better, especially for frequent travellers.
• Maintain account balance: Regular checks ensure your account always has sufficient funds, preventing delays at toll gates.

For users managing multiple vehicles, reviewing statements can provide a clear understanding of overall expenditure. Recharging online is also straightforward, with the option of a FASTag recharge online.

Tips for managing your Paytm Payment Bank FASTag account

Proper management of your Paytm Payment Bank FASTag account ensures smooth travels and financial transparency. Here are some useful tips:

• Keep your balance topped up: Always maintain sufficient funds in your FASTag account to avoid penalties or disruptions during your journey.
• Set a monthly review schedule: Allocate time to review your FASTag statement to stay updated on deductions and account activity.
• Update contact information: Ensure your registered mobile number and email address are up-to-date for notifications and alerts.
• Use auto-recharge options: Enable auto-recharge to ensure your account is refilled automatically when the balance dips below a specified amount.
• Report issues promptly: In case of disputes, contact Paytm Payment Bank’s customer support with relevant details to resolve them efficiently.

Setting up alerts for Paytm Payment Bank FASTag transactions

Transaction alerts can help users stay informed about deductions and maintain a better overview of their FASTag account. Paytm Payment Bank offers options to enable alerts via SMS, email, or app notifications. Here’s how to set them up:

• Through the Paytm App:Navigate to the FASTag settings and enable notifications for transaction updates.
• Via SMS alerts:Opt-in for SMS notifications while setting up your account or by contacting customer support.
• Email notifications:Use the Paytm Payment Bank website to activate email alerts, ensuring you receive detailed transaction reports in your inbox.

By setting alerts, users can receive real-time updates on toll deductions and account balance, minimising the chances of oversights.

Steps to recharge your FASTag Wallet on Bajaj Finserv website

Here are a few basic steps to follow if you want to recharge your FASTag on Bajaj Finserv:

1. Visit the Bajaj Finserv website

2. Go to ‘ALL PAYMENTS’ under the ‘PAYMENTS’ drop down.

3. Navigate to the ‘BILLS AND RECHARGES’ section

4. Click on ‘FASTAG’ and enter your 10-digit registered mobile number and OTP

5. Now enter the service provider of your choice and enter your vehicle number

6. Enter the amount you want to recharge and click on ‘PROCEED’ to make your payment.

7. Choose your preferred payment mode and complete your payment process.

Fees and charges

A convenience fee of up to 2% will be charged depending on the transaction amount and payment mode (inclusive of applicable taxes). For more information on fees and charges, click here.

Note: For failed transactions, the total amount including charges except taxes are reversed.