Blurb: We are giving you access to loans ranging from Rs. 250 to Rs. 1000, in addition to Paytm Postpaid’s instant credit of up to Rs. 60,000.
In our endeavour to bring you services that will drive convenience and help you manage your finances better, here’s our latest offering- We bring to you Paytm Postpaid Mini, an extension of our ‘Buy Now, Pay Later’ service, driving affordability amongst those who are new to credit. These small ticket instant loans will give flexibility and also help you manage your household expenses to maintain liquidity during the ongoing pandemic. This service has been launched in partnership with Aditya Birla Finance Ltd.
With the launch of Postpaid Mini, we are giving you access to loans ranging from Rs. 250 to Rs. 1000, in addition to Paytm Postpaid’s instant credit of up to Rs. 60,000. This will help you- our users, pay for your monthly expenses, including mobile & DTH recharges, gas cylinder booking, electricity & water bills, shopping on Paytm Mall and more. With this service, Paytm Postpaid is offering a period of up to 30-days for repayment of loans at 0% interest. There are no annual fees or activation charges, but only a minimal convenience fee.
Through Paytm Postpaid, you can pay at online and offline merchant stores across the country and not have to worry about upsetting your monthly budgets. Paytm Postpaid is currently accepted at thousands of petrol pumps, neighborhood kirana stores and pharmacy shops, popular chain outlets (such Reliance Fresh, Apollo Pharmacy, etc.), internet apps (such as Myntra, Firstcry, Uber, Dominos, Ajio, Pharmeasy, etc.) and popular retail destinations (such as Shoppers Stop, Croma, etc.), among others. Paytm Postpaid is available in over 550 cities in India.
Bhavesh Gupta, CEO – Paytm Lending said, “We want to help new-to-credit citizens start their credit journey and develop a financial discipline. Through Postpaid we are also making sincere attempts to help drive consumption in the economy. Our new Postpaid Mini service helps users manage their liquidity by clearing their bills or payments on time.”