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‘Postpaid Mini’ – By Paytm and Aditya Birla Finance Ltd.

Published on July 07, 2021
Current Context: Paytm in partnership with Aditya Birla Finance Ltd launched ‘Postpaid Mini’.
‘Postpaid Mini’ – By Paytm and Aditya Birla Finance Ltd.
  • The ‘Postpaid Mini’ is a small ticket instant loan facility.
  • The facility is basically an extension of the ‘Buy Now, Pay Later’ service of Paytm.
  • With the facility of ‘Postpaid Mini’, the customers will be able to avail of loans ranging from Rs 250 - Rs 1,000 along with Paytm Postpaid instant credit of upto Rs 60,000.
  • The Paytm Postpaid is offering a period of up to 30 days for repayment of loans at 0%. Also, there is no annual fees or activation charges associated with the facility. Only a minimal convenience fee will be charged.
  • The ‘Postpaid Mini’ will help users to pay their monthly expenses like mobile and direct to home (DTH) recharges, gas cylinder booking, electricity and water bills shop on Paytm Mall and more.
  • The facility will prove beneficial to the users during this pandemic situation.
  • Static Part: 
    • HQ of Paytm: Noida, UP
    • CEO of Paytm: Vijay Shekhar Sharma
    • HQ of Aditya Birla Finance Ltd: Mumbai
    • MD and CEO of Aditya Birla Finance Ltd: Rakesh Singh


Q.1 In partnership with whom, Paytm launched ‘Postpaid Mini’ which is a small ticket instant loan facility?
a. Aditya Birla Finance Ltd
b. Muthoot Finance Ltd.
c. Tata Capital Financial Services Limited
d. Bajaj Finance Limited

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