Paytm PostPaid: What is it? How to activate and get instant credit
Paytm is one of the most popular payment services in the country. Starting with the Paytm wallet a few years ago, Paytm now lets you make payments via UPI, pay bills, and even take small loans. yes, back in 0219, Paytm announced its lending service called Paytm Postpaid. Consisting of two services, Paytm PostPaid and Paytm PostPaid Mini, these plans further the “Buy Now, Pay Later” formular for customers.
The Paytm PostPaid service provides small ticket instant loans help users to deal with their household expenses, or shop at stores. This service was launched in partnership with Aditya Birla Finance Ltd.
The Paytm Postpaid Mini lets you take loans in the amount ranging from ₹250 to ₹1000. For those seeking more, they need to opt for Paytm Postpaid that can offer an instant credit of up to ₹60,000.
Paytm says that the Postpaid service usually allows users a period of up to 30-days for repayment of loans at 0 percent interest. There is a small convenience fee but Paytm does not charge any annual fees or activation charges.
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