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Is it good to take Paytm postpaid?

Posted on October 14, 2022 by Author

Table of Contents

  • 1 Is it good to take Paytm postpaid?
  • 2 Can I pay credit card bill with Paytm postpaid?
  • 3 What happens if I dont pay my Paytm postpaid bill?
  • 4 Where Paytm postpaid can be used?
  • 5 Can you go to jail for not paying your phone bill?
  • 6 Does postpaid Sim increase cibil score?
  • 7 How long does it take for Paytm postpaid to process credit transactions?
  • 8 What is the difference between Paytm’s postpaid ‘Delite’ and ‘elites’?

Is it good to take Paytm postpaid?

0\% Interest Rate. You will get better Rewards. Exclusive offers for Paytm Postpaid users on movies, bill payments….Paytm Postpaid Features.

Edition Postpaid Lite Postpaid Delite and Elite
CIBIL Score 0-700 700-900
Convenience Charges 0-4\% 0\%
Payment Due Date 7th of every month 7th of every month

Can I pay credit card bill with Paytm postpaid?

On Paytm’s official website: Enter your credit card number. Click on ‘Proceed’ to check the credit card bill amount. Select the mode of payment from Debit Card, Credit Card, Paytm Wallet, Net Banking, Paytm Postpaid etc. Complete the payment and you are done!

Can I use Paytm as credit card?

Paytm, in partnership with SBI Card, is offering 2 credit card variants for its users – Paytm SBI Card & Paytm SBI Card SELECT. These credit cards have been designed and are exclusively available for Paytm users. Users can apply for these cards on the latest version of their Paytm App.

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Does postpaid bill affect cibil score?

Any postpaid/utility bill including electricity bill, water bill, mobile bill, etc. does not impact CIBIL Score.

What happens if I dont pay my Paytm postpaid bill?

Paytm Postpaid Users are required to pay the Outstanding Amount on the Due Date Late Fees will be charged if the Outstanding Amount is not paid by the Due Date. Clix may also take such other steps for recovering the Outstanding Amount as more specifically mentioned herein.

Where Paytm postpaid can be used?

One can use Paytm Postpaid money for recharge and bill payments, travel bookings, third-party apps like Myntra, Uber, Domino’s, and many more. For the unaware, one can also transfer the Paytm Postpaid money to their bank accounts. Follow these steps to transfer the Paytm Postpaid money to your bank account.

How does Paytm postpaid work?

Paytm Postpaid Facility can be only used to make online/offline INR denominated purchases from select merchant websites or outlets which are enabled to receive payments by using Paytm Platform. All Paytm Postpaid Users will be billed on a monthly basis for all purchases made using Paytm Postpaid Facility.

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What is annual fee for Paytm credit card?

Rs.499
Paytm Credit Card comes with an annual fee of Rs. 499 + GST which is waived off when you spend Rs. 100,000 or more in a membership year.

Can you go to jail for not paying your phone bill?

While you cannot go to jail for failing to pay your phone bill, there are several penalties that you’d do best to avoid: Disconnected Service – Your service may be cut off, and the only call you might be able to make is for a 911 emergency. Low Credit Score – Ignoring paying phone bills can ruin your credit score.

Does postpaid Sim increase cibil score?

What are the benefits of Paytm postpaid?

This service allows users to enjoy credit card like benefits from the paytm account. Now with the help of paytm postpaid, the customers can do recharge, make bill payments, pay at shops, book travel tickets, movie tickets and lot more.

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Are there any hidden charges in Paytm postpaid?

Thankfully, there are no hidden charges, fee or interest involved as long as you pay Paytm Postpaid bill by the 7th of next month. Paytm will send you a statement via email for your expenses on the 1st of every month that you have to pay by 7th of the month.

How long does it take for Paytm postpaid to process credit transactions?

It can take upto 48 hours for the transaction to reflect in your transaction history. You will receive an SMS once the credit transaction is successfully completed. The users Paytm Postpaid account will be blocked for further spends if the due amount is not repaid back in full by 7th of the month.

What is the difference between Paytm’s postpaid ‘Delite’ and ‘elites’?

Under the postpaid ‘Delite’ and ‘Elite’, one can opt for credit limits ranging from Rs 20,000 to Rs 100,000 monthly. Paytm claims that there are no convenience charges under the Delite and Elite facility. These users will also get access to all the postpaid features, unlike the ‘Lite’ users.

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