Big Wishes? Get what you want right now. Big bills? Clear them right away. Get Postpaid Loan, a new & incredible way to
Get up to ₹60,000 instant spend credit
Pay next month
0 annual charges
No activation Fee
Build your credit score
100% digital process
Pay with Postpaid Loan at 1.5 Cr+ shops across India and all your favourite Apps & Websites.
Interest-Free 30 Days
Spend wherever you want, no questions asked. Pay it back next month*
*Nominal Convenience Fee - as per Lenders policy
Improve Your Credit Score.
Postpaid Loan helps you build and improve your credit profile. Timely
repayments can make you eligible for a credit card or get you a better loan offer.
Enjoy single click checkouts without hassle.
Frequently Asked Questions
How does Postpaid Loan work?
Postpaid Loan is a Buy Now, Pay Later facility offered by Paytm’s NBFC partners.
With Postpaid, users get credit of up to Rs. 60,000 every month at 0% interest for upto 30 days. They can
use this credit to make purchases, bill payments, recharges, bookings, etc at 1.5 Crore + websites & outlets
and repay next month.
Who can apply for Postpaid Loan?
Postpaid Loan is available to all Paytm users and does not mandatorily require an
existing credit score or proof of employment. Approval of Postpaid Loan is subject to users fulfilling our
NBFC partner’s risk policy. The following conditions must be met in order to apply for Paytm
i. User needs to have a valid PAN number
ii. User must be older than 20 years
iii. User must complete online KYC verification through CKYC or Aadhaar number
iv. User must be an Indian resident.
How can I apply for Postpaid Loan?
Step 1: Click on Postpaid Icon on the Homepage
Step 2: Fill in your few details – PAN number, Date of Birth & Email address. Tick the checkbox to provide
your consent to fetch your Credit Report
Step 3: Wait for a few seconds to generate the best offer for you
Step 4: Offer is generated with credit/loan limit
Step 5: Take a selfie to complete KYC check
Step 6: Aadhaar Verification with OTP
Step 7: Confirm your details & Activate Postpaid
You can check a detailed video on How to Activate Postpaid Loan here.
Is it safe to share my PAN card details with Paytm?
Any information shared by the user with Paytm is kept secure and private. This
information is only used to assess the eligibility for the Postpaid facility provided by our NBFC partners.
What is the repayment process?
Postpaid Loan follows a billing cycle of 1 month. A single consolidated bill is
generated on the 1st of the following month and payment is due by the 7th. Users can repay their bill at any
time within this period by visiting the Postpaid Loan section of the app using UPI, Debit Card, or Net
Banking. You can also
pay your outstanding balance in advance at any time during the month.
What happens if I don’t make my repayments on time?
You may have to pay a penalty depending on the due amount if the bill is not paid as
per due date. The late fee can range from 0 to Rs. 750 plus GST and this will also have a negative impact on
your credit score
Am I charged anything for using Postpaid Loan?
There is no joining fee for activating Postpaid Loan. Our lender partners charge a
nominal convenience fee of 0% to 3% depending on the risk policy, on monthly spends made using Paytm
Postpaid. For payments on some categories the user may be charged an additional convenience fee / platform
fee which is displayed at the time of transaction
Does Postpaid Loan affect my credit score?
If you start using Postpaid Loan then every month your payment history is shared
with the bureau that helps build your credit profile. Timely repayments help improve your score and late
payments may negatively impact your score.