Paytm Launches small ticket loan product Postpaid Mini
Paytm has launched a new product named Postpaid Mini in partnership with Aditya Birla Finance Ltd. Postpaid Mini initiative will allow users to get small loans ranging from Rs. 250 to Rs. 1,000.
- The Postpaid Mini product is an extension of the ‘Buy Now, Pay Later’ service.
- Under this initiative, users will get small ticket instant loans in order to manage their household expenses and maintain liquidity during the ongoing Covid-19 pandemic.
- Users will get the loan for a period of up to 30 days for repayment at 0 percent interest.
- This loan amount can be used for their monthly expenses, like mobile and direct to home (DTH) recharges, gas cylinder booking, electricity and water bills, shop on Paytm Mall and so on.
About Paytm –
Founder: Vijay Shekhar Sharma
Founded: 2009, Noida
CEO: Vijay Shekhar Sharma
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