Paytm Postpaid: Expanding its 'Buy Now and Pay Later' service, Paytm has launched Postpaid Mini. Under this, Paytm customers will get a loan of up to Rs 60,000 in a few minutes. Actually, through this service the company will provide small loans. The company is in partnership with Aditya Virla Finance Ltd. The company says that the small ticket loan will help the customers so that they will be able to meet their household expenses during the Corona period.
Under the postpaid mini service, the company will provide a loan of Rs 250 to Rs 1,000, with an instant credit of Rs 60,000. Through this loan, customers will be able to pay their monthly mobile bill, DTH recharge, gas cylinder booking, electricity bill and water bill. With this, customers will also be able to shop with Paytm Mall.
New Facility for First Time Customers
Bhavesh Gupta, CEO, Paytm Lending, said, “We are introducing loan facility for first time customers. This will inculcate financial discipline in them. Through this post paid facility, we are trying to increase consumption in the economy. With this new facility of ours, customers will be able to pay their bills and dues.
No interest will be paid for 30 days
Under the Paytm postpaid service, no interest will be payable to the customers for 30 days. No fee will be charged for activating it. Only Paytm convenience fee will be charged. Keeping in mind their monthly budget, Paytm customers can shop and shop from anywhere in the country. Paytm service is available in more than 550 cities of the country.
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