Paytm expanding Paytm Postpaid services with an enhanced credit limit of upto Rs. 1 Lakh


Paytm announces expansion of ‘Paytm Postpaid’ to a large set of payment use-cases, users can now buy groceries, make bill payments, do shopping & online payments with various brands like Reliance Fresh, Haldiram, Apollo Pharmacy, Croma, Shoppers Stop, Domino’s, Tata Sky, Pepperfry, HungerBox, Patanjali, Spencer’s among others.


Postpaid service is offered in partnership with two NBFCs with an instant credit line for various payments to Paytm app users. Seeing an increasing demand for consumer credit during the ongoing pandemic, we have increased this credit limit up to Rs.100,000 of monthly spends to enable payment for large items such as furniture and consumer electronics among others.


Initially, our select users will be shown a Postpaid icon in the Financial Services section to avail Paytm Postpaid post completion of their online KYC with our partner NBFC. The bill repayment can be done by the 7th of each month or earlier. Our users can access their passbooks to analyze monthly spends to plan everyday expenses.

It introduced 3 variants Lite, Delite & Elite, which will be offered based on our partner NBFC’s assessment. While Postpaid Lite comes with limits up to Rs. 20,000 and a convenience charge which will be added to the monthly bill, the Delite and Elite offer credit limits from Rs. 20,000 to Rs. 1,00,000 in monthly spends with no convenience charges.


However, there is no cost associated with activating & keeping Paytm Postpaid or any of its variants.

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