Paytm launched Paytm Postpaid Mini to provide small-ticket instant loans

By | July 9, 2021

Paytm on Monday launched “Paytm Postpaid Mini” for small-ticket instant loans. This product is the extension of Buy Now, Pay Later a flagship product of Paytm. This small-ticket instant loans will provide loans ranging from Rs 250 to Rs 1000, in addition to Paytm Postpaid’s instant credit of upto Rs 60,000. This product has been launched in association with Aditya Birla Finance as a lending partner. Here is the full details.

About Paytm

What is PaytmPaytm stands for Pay through mobile and it is India’s largest mobile payments and commerce platform. Paytm is currently available in 11 Indian languages and offers online use-cases like mobile recharges, utility, Demat Account, Small Tockets Loan etc.

About Aditya Birla Finance

Aditya Birla Finance Limited (“ABFL”), a part of Aditya Birla Capital Limited is among the leading well-diversified non-banking financial services company in India. ABFL offers end-to-end lending, financing and wealth solutions to a diversified range of customers across the country.

Paytm Launch New Version Paytm Postpaid 2020
Paytm Postpaid Mini

Overview

Paytm Postpaid Mini is a interest free product, you need to repay the loan in a period of 30-days at 0% interest. There are no annual fees or activation charges, only a minimal convenience fee.

This will help you, pay for your monthly expenses, including mobile & DTH recharges, gas cylinder booking, electricity & water bills, shop on Paytm Mall and more. 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, 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 or 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.

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.”

Bhavesh Gupta, CEO — Paytm Lending said on Launching of Paytm Postpaid mini

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 or 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.

News Source : Paytm, Aditya Birla Finance

Avatar of Dhiraj Jha
Author: Dhiraj Jha

I love to acquire, review, and earn reward points/cashback from Credit Cards for free traveling and enjoying luxury hotels. Helping people about the benefits and optimal utilization of credit cards.

Leave a Reply

Your email address will not be published. Required fields are marked *