India’s leading mobile wallet platform Paytm launches its Paytm postpaid service. It is the feature by which we can buy something now and pay it later. It is very similar to a credit card in which we can buy now and pay it later. If you have a lack of money and want to buy something or recharge urgent then you can use this method to buy now and pay later. Postpaid services have their own benefits that other systems doesn’t. So keep reading this at the end you will get to know each and everything about Paytm Postpaid in this post.
How To Apply Paytm Postpaid
As of now, it is quite easy to apply or register for Paytm Postpaid. It is a totally online process you don’t need to visit outside like to complete Paytm KYC. Just follow the below-described steps to register yourself for Paytm Postpaid and availed various benefits of it.
If you don’t have Paytm then download it from here Paytm to avail various benefits of it.
Step By Step Guide To Apply Paytm Postpaid
Step 1: First of all, launch your Paytm application. The homepage of Paytm will look like the below image.
Step 2: At this step, you have to tap on Paytm Postpaid at the top right corner.
Step 3: Now you can see there are some features of Paytm Postpaid are shown, accept the terms and conditions and move to the next step to activate Paytm Postpaid.
Step 4: After this, a pop-up screen will appear in which you can see your Paytm Postpaid is activated and also you can see your spend limit on the screen.
Benefits Of Paytm Postpaid
Well, there are lots of benefits of using Paytm Postpaid. By activating this postpaid service you will be eligible for the shop now and pay later services. I have listed some benefits of using Paytm Postpaid.
- Shop now and pay later.
- Free of cost to avail Paytm Postpaid services.
- No interest on the amount for some duration.
- A fast and higher success rate of the transaction.
- No documents required to activate Paytm postpaid.
- You can recharge or shop from paytm Postpaid balance.
- You don’t need to enter your card details or UPI Pin for making payments from Paytm Postpaid.
Eligibility Of Paytm Postpaid
As of now, every Paytm customers are eligible for Paytm Postpaid services by meeting some conditions.
Charges Of Paytm Postpaid
Currently, there are no charges for using Paytm Postpaid. Also, it is free of interest if you have no outstanding bill. However, there are some charges are applied according to the amount of late payment.
|Outstanding Bill In INR||Late Fees(Per Month) On Outstanding Bill|
|0-50 Rs||5 Rs|
|51-100 Rs||10 Rs|
|101-500 Rs||50 Rs|
|501-1000 Rs||100 Rs|
|1001-2000 Rs||200 Rs|
|2001-5000 Rs||500 Rs|
|Above 5000 Rs||600 Rs|
Where To Use Paytm Postpaid
Paytm Postpaid has a wide range of services from where it can be used. It can be used for recharge, bill payment, movie booking, and shopping. You can also see the below image of various services where Paytm Postpaid can be used.
FAQ (Frequently Asked Questions)
Can I complete Paytm KYC online?
As of 27-Jan-19, Paytm KYC is working and you have to visit the nearest KYC center to complete your Paytm KYC. You will also get the list of KYC center near you from these steps.
Can I pay water bill online?
Yes, you can pay your water bill payment online whether it is Delhi Jal Board or any other service provider. There are various websites and applications through which we can pay our Water Bill like Paytm, PhonePe, Amazon, and Mobikwik. It will take not more than 2 minutes to pay any Water Bill. Nowadays we prefer to complete our any work online while going to the Jal Board office to pay the Water Bill.
How much time does KYC take on Paytm?
Usually, it will take 4–5 days to complete the KYC. If it taking a long time then you can simply drop a mail to Paytm regarding this.