New Delhi. In postpaid mini, the company will give loans from Rs 250 to Rs 1000 in addition to instant credit up to Rs 60,000. This will help the users to pay their monthly expenses. Like mobile and DTH recharge, gas cylinder booking, electricity and water bills, shopping on Paytm Mall.
Digital payment platform Paytm on Monday launched Postpaid Mini. This service has been launched in partnership with Aditya Birla Finance Limited. For this Paytm Postpaid is giving up to 30 days to repay the loan at 0 percent interest. There is no annual or other fee for this.
Speaking to the media, Bhavesh Gupta, CEO, Paytm Lending said, “Our new postpaid mini service will help users pay bills and maintain the flow of money.
In postpaid mini, the company will give loans from Rs 250 to Rs 1000 in addition to instant credit of up to Rs 60,000. This will help the users to pay their monthly expenses. Like mobile and DTH recharge, gas cylinder booking, electricity and water bills, shopping on Paytm Mall.
Paytm is offering this facility of loan at 0% interest. The loan amount has to be deposited within 30 days. Through Paytm Postpaid, users can make payments at online and offline merchant stores across the country.