Paytm will provide mini-loans of up to 1000 to postpaid users for monthly expenses
Are you a Paytm user? If so, you will read amazing news regarding cashback and credit on your monthly expenses. On Monday, Paytm is announcing a special statement regarding upcoming credit for its users who use Paytm for their spending. It recently launched an offer for Postpaid Mini, an extension of its Buy Now, Pay Later service. Now let’s move on to all the necessary points regarding the news.
The current offer Buy Now, Pay Later gives all customers an incredible cash flow and necessary expense management benefit during this pandemic. This service was launched in partnership with Aditya Birla Finance Ltd.
In this plan, the company is ready to offer loans ranging from Rs 250 to Rs 1000 in addition to Paytm Postpaid instant credit of up to Rs 60,000. This can help Paytm users to solve the monthly expense problem. . This will include mobile top-up, DTH top-ups, gas cylinder reservations, electricity and water bills, shopping at the Paytm mall and more.
Users will have 30 days to repay the loan amount and it will be at 0% interest. Even there is no charge on the loan amount. This decision may attract more users for Paytm and the greater upgrade of their services.
You can use this Paytm Postpaid credit at any Paytm merchant across the country. Paytm Postpaid is currently accepted by over millions of merchants across the country. Users can use it for any expense including Kirana stores and drugstores etc. Paytm Postpaid is available in over 550 cities in India.
The company has taken this decision to resolve the liquidity of funds between the different Paytm users and wants to give a little support to their monthly needs which cannot be ignored. Users can pay this amount after the period mentioned above. They can pay the amount through their bank account or by debit or credit card.