Is Paytm postpaid is good or bad?

Is Paytm postpaid is good or bad?

Paytm Postpaid is certainly a good option for Low credit score person or who has no credit card.

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.

What is Paytm postpaid payment?

There are no annual fees or activation charges, but only a minimal convenience fee. Through Paytm Postpaid, you can pay at online and offline merchant stores across the country and not have to worry about upsetting your monthly budgets.

Who accepts Paytm postpaid?

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 can I delete my Paytm postpaid account?

Follow the below-mentioned steps to raise account closure request:

1. Step 1: Login to Paytm with your old phone number.
2. Step 2: On the home screen, click on “☰” at the top left corner.
3. Step 3: Go to 24×7 Help.
4. Step 4: Go to ‘Profile Settings’
5. Step 5: Select ‘I need to close/delete my account’

How can I pay back my postpaid amount in Paytm?

On Web

1. Go to the Postpaid Bill Payment page on Paytm’s official website.
2. Enter your postpaid mobile number.
3. Select your operator if it doesn’t fetch on its own.
4. Enter the bill amount.
5. Click on ‘Proceed to Pay Bill’
6. Make payment with your preferred mode of payment and you are done with it.

Does Paytm postpaid charges interest?

For any outstanding amount above Rs 20,000, Rs 500 late fee will be charged. Paytm Postpaid charges late fees based on the outstanding balance per month. If the outstanding balance is up to Rs 100, no late fee is charged. For a balance of Rs 101 to Rs 250, the late fee is Rs 10.

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.

How to check credit score in Paytm postpaid?

Step 1: Firstly, log in to your account and go to the ”Loans & Credit Cards” section and now click on the Paytm Postpaid icon. Step 2: Now, tap on the credit score and click on the proceed button. Step 3: Then it will ask for personal details like PAN number, birth date, contact details, and name.

What happens if I pay my Paytm postpaid bill late?

If in case you are unable to make the payment of the outstanding balance, then paytm will impose a fine as late fee and block your paytm postpaid account. So once you pay the amount including the late fee, you can start enjoying paytm postpaid again.

How to reset Paytm postpaid passcode?

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. To reset your passcode, go to profile tab in paytm app and select security and setting. The Paytm Postpaid money cannot be used to make transfers to the bank account or to a friend.