Are you searching for how to increase Paytm Postpaid limit? Then put a pause on your search. Because now you’ve come to the right guide. In this blog post, you’ll learn how to increase Paytm Postpaid limit
Here I ave shared some legit and 100% working methods that can help you increase your Paytm Postpaid credit limit. So keep reading this article till the end. Without further ado, let’s get started…
How to Increase Paytm Postpaid Limit
Maybe the credit limit allotted to your Paytm Postpaid is not enough for you, so you want to increase your Paytm Postpaid credit limit. I understand you do more transactions with your Paytm Postpaid that exceed your credit limit.
So, I wanna share some tips that will help you increase your Paytm Postpaid credit limit. So, let’s know how to increase Paytm Postpaid limit.
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Paytm Postpaid Limit Increase – Tips
You can’t directly increase your Paytm Postpaid credit limit from the app, because Paytm does not give you any option to increase your Postpaid limit. They offer you a credit limit based on some factors, such as credit score, monthly income, etc.
However, you can increase your Postpaid limit. Below, I have shared 5 tips to increase the Paytm Postpaid limit. So, look at these tips to increase your Paytm Postpaid limit.
1. Shop More in Different Categories
If you shop more in different categories with your Paytm Postpaid, there is a chance to increase your Paytm Postpaid credit limit.
Paytm Postpaid can be used as a buy now, pay later payment method at 1 crore+ website. You can use your Paytm Postpaid for − bill payments, recharges, booking tickets, shopping in eCommerce stores, and many more.
If you mostly use Paytm Postpaid to buy products online and offline, then Paytm will send your purchase history to the Credit Bureaus to increase your credit limit. So, shop more in different online and offline stores and make a good purchase history
2. Clear the Dues on Time
Paytm will increase your postpaid limit when you maintain a good credit history. And, if you clear the dues of your Paytm Postpaid on time you can build a good credit history. For that, you should always clear your dues on time.
If you pay the dues on time, you will not only strengthen your credit history, you will also avoid paying extra charges. Because Paytm may charge an extra fee if you miss the due date. So, make sure that you have paid all the pending bills.
3. Keep a Good Credit Score
Maintaining a good credit score is essential to increasing the Paytm Postpaid credit limit. Credit bureaus, checking your credit score, can get an idea of your credit history. I mean, they can determine how well you manage your debts. So, always keep a good credit score.
A good credit score will not only help you increase your Paytm Postpaid credit limit, but it will also help you get − loans, credit cards, and other financial products in future.
4. Check Your Credit Limit
You should keep checking your Paytm Postpaid credit limit regularly. Your Paytm Postpaid credit limit can be increased when you − pay your dues on time, maintain a good credit score, and use your Paytm Postpaid frequently to shop more in different categories.
Now, you might be wondering − how to check the credit limit. To check your postpaid limit − log into your Paytm app, go to the Paytm Postpaid section, and there you’ll see your current credit limit.
5. Contact Paytm Customer Support
If your credit limit is not increased even after − maintaining a good credit score, paying dues on time, and shopping more with Paytm Postpaid then you can contact Paytm’s customer support. Explain to their customer care agent all about your needs and that you need more credit limit.
Let’s talk about − how to reach out to their customer support. To contact Paytm − open the Paytm app, tap on this “☰” icon plotted on the top-left corner, click on “Help & Support”, and then you’ll see different categories to choose from, select “Postpaid Services” and start chatting live.
Paytm Postpaid Charges
So now you know how to increase Paytm Postpaid limit. But there’s more to know about Paytm Postpaid services like fees and charges. So, let’s now talk about the fees and charges of Paytm Postpaid.
| Fees and Charges | Payable Amount |
| Late Payment Fees | Up to Rs.750 including GST |
| Joining Fees | Nil |
| Convenience Fees | Up to 3% of the outstanding amount |
1. Late Payment Fees − If you miss your due date to repay your Paytm Postpaid bill, Paytm may charge a late payment fee which may range from 0-750 rupees including GST.
2. Interest Rate of Charges − Like credit cards, if you do not repay your outstanding within the due date, Paytm Postpaid charges interest of up to 3% on your monthly outstanding amount.
3. Joining Fees − Paytm is free, it does not charge any fee for joining. However, their NBFC partners may charge a convenience fee of up to 3% on your outstanding bill.
How to Use Paytm Postpaid?
You know how to increase Paytm Postpaid limit. Now, let’s talk about how you can use Paytm Postpaid balance.
As a Buy Now Pay Later (BNPL) service, Paytm Postaid offers outstanding features and benefits − no joining fees, different repayment methods, ease of use, and many more. You can use your Paytm Postpaid at 1 crore+ merchants online as well as offline.
You can use your Paytm Postpaid balance for −
- Recharge and bill payments
- Utility and subscription payments
- Dining out and food orders
- Booking movie tickets, flight tickets, and other travelling tickets.
- Shopping on various e-commerce stores such as Flipkart, Myntra, etc.
Also Read: How to Use Mobikwik ZIP Balance
Conclusion
This article is written for those looking for a comprehensive guide on how to increase Paytm Postpaid limit. Here, to increase your Paytm Postpaid credit limit, some important tips are shared with you. If you’ve come to this part of this article, I think you’ve learned the tips.
If this guide has helped provide you with the right information for what you were looking for, share this with your friends who also want to learn how to increase Paytm Postpaid limit.
Frequently Asked Questions
Q. How does Paytm Postpaid work?
Paytm is a Buy Now Pay Later that works as a digital credit service. It offers a certain amount of credit limit which you can use for different online or offline purchases. With it, you can buy a product or service now and pay its bill later.
Q. What is the convenience fee in Paytm Postpaid?
Their NBFC partners may charge a convenience fee of up to 3% on your monthly outstanding amount.
Q. What if I don’t pay the Paytm Postpaid bill?
If you don’t pay your Paytm Postpaid bills on time − it can affect your credit score negatively and it will charge late payment fees with interest.
Q. How to transfer Paytm Postpaid money to a bank account?
Paytm Postpaid allows its users to transfer postpaid balances to their bank accounts. To know how to transfer Paytm Postpaid money to a bank account, look at the steps below −
- Open the Paytm app and click on the Pay option.
- Scan a Paytm Business QR code and pay the amount you want.
- Transfer the money to your bank account from your Paytm Business account.
Q. Can I pay my credit card bill through Paytm Postpaid?
Yes, you can pay your credit card bills through Paytm Postpaid. It allows credit cards from all the major banks like SBI, ICICI, HDFC, and many others.