Introducing Paytm Postpaid Mini — small ticket instant loans to help you manage your monthly expenses

Paytm
Paytm Blog
Published in
2 min readJul 5, 2021

In our endeavour to bring you services that will drive convenience and help you manage your finances better, here’s our latest offering. We are excited to offer you Paytm Postpaid Mini, an extension of our Buy Now, Pay Later service, driving affordability amongst those 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 upto Rs 60,000. This will help you, our users, pay for your monthly expenses, including mobile & DTH recharges, gas cylinder booking, electricity & water bills, shop 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, 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.

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.”

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