How to transfer Paytm postpaid money to a bank account?

Are you using Paytm Postpaid? It is a useful service. But there are rules like you cannot transfer Paytm postpaid money to a bank account. Do you know if it is feasible to transfer money from Paytm Postpaid to Paytm Wallet or transfer Paytm postpaid money to a bank account? Yes, we can do it in a few simple steps.

Transfer Paytm postpaid money to a bank account 

As you know, Paytm can use postpaid for mobile recharge, movie tickets, shopping etc. Along with that, you can use your credit to pay Paytm Business accounts as well. You need a business account to transfer money from Paytm Postpaid to Paytm Wallet. 

However, you cannot transfer money to your business account. You require to create a business account for a household member or friend. 

What is Paytm Postpaid? 

Paytm has launched a credit service for select users where they can spend money and pay it back later. Similar to Paytm postpaid credit cards. The service permits users to book movie tickets, recharge and shop on Paytm. 

Any user can access this service through the Paytm app. The user must repay the amount spent by the seventh day of the month to avoid any penalty or late fee. Depending on the consumer’s credit score, a monthly limit had assigned we can use that for various payments. 

Paytm Postpaid is available in three variants – Lite, Delight and Elite. The monthly limit for Lite is 20,000 rupees. Paytm also charges a convenience fee on the user’s monthly bill.

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Paytm Postpaid Eligibility

Activation of Paytm Postpaid is completely online without the need to visit Paytm Postpaid eligible branch. The credit limitation is decided based on the user’s transaction history on Paytm. 

The limitation increases depending on the use of the service. Your Paytm Postpaid limit is Rs. 100,000 may be. Paytm postpaid users can convert their outstanding amount into monthly EMIs. 

The convenience fee ranges from 0 to 4 per cent depending on the monthly spending of the users. The service allows users to pay at neighbourhood Kirana stores. There is also an option to make onsite utility payments and online transactions like Domino’s, Pepperfry, and Tata Sky.

The option to accept payment utilising Paytm Postpaid is available only to select merchants. Although you can transfer money from Paytm Postpaid to your wallet, make sure to repay the outstanding amount; otherwise, additional charges will apply.

Paytm Postpaid Features

• Instant money. 
• No fees & charges
• No documents needed
• No documents are needed. 
• Aadhar verified Paytm Account.
• ICICI bank account linked with the same Paytm number.

So let’s see how to transfer postpaid money to a bank account easily. We need some real cash on hand for emergencies, and if you don’t have bank cash, transfer the postpaid balance to your bank account by following the below steps.

How to Activate Paytm Postpaid? 

• Login to the Paytm app. 
• Locate the Paytm Postpaid banner. 
• Click on the banner. 
• Tap on “Activate My Paytm Postpaid”.
• Enter the PAN number. 
• Submit your Paytm Postpaid application online. 
• Complete! Your Paytm Postpaid account has been activated.

How to transfer Paytm postpaid money to a bank account?

• First, open the Paytm app. 
• Then click on the PAY option. 
• Then scan your own/friend’s Paytm merchant barcode. 
• Then pay the amount using the Paytm Postpaid balance option.
• Hooray, the payment had successfully credited to the merchant account. 
• Then you will successfully transfer this amount to the Paytm merchant bank account.
• Now you can withdraw money from your bank account or cash from your friend if you take advantage of your friend’s Paytm merchant barcode.

Transfer Paytm Postpaid Balance to Bank Account via Zingoy

• First Open Zingoy Website or App.
• Create New Account 
• Then Click on Zingoy Search Option & Search for Zingoy Gift Card 
• Select Any Amount Gift Card.

• Add to Cart & Buy it  
• Finally, Select the Payment Method as PayTM 
• Login to your Paytm Account & Uncheck All Options. Tick ​​on Postpaid.
• Finally, Make a Payment 
• You will receive Zingoy Gift Card Instantly on Notification Options 
• Copy Gift Card & PIN
• All done! You will get Zingoy Voucher. 
• Using this voucher, you can buy Paytm Ad Money Voucher and transfer your money to your bank account 
• Enjoy the trick

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Paytm Postpaid charges

Outstanding Amount	Late Fees (per month)
Up to Rs. 100	0 Rs
101 Rs to Rs. 250	10 Rs
251 Rs to Rs. 500	25 Rs
501 Rs to Rs. 1000	50 Rs
1001 Rs to Rs. 2000	100 Rs
2001 Rs to Rs. 5000	250 Rs
5001 Rs and above	500 Rs

Terms & Conditions 

• The maximum amount transferred in a month is Rs 10000. 
• Paytm reserves the right to close this offer without any prior notification. 
• This offer trick is valid in some good states. 
• This trick takes 5 minutes of activation time. 
• Any misuse of the offer reserves the right to take legal action against certain.
• If this trick doesn’t work in your state, we are not responsible for it. 
• Before activating this offer, make sure if this offer works in your state. 
• The origin of this offer is Paytm. 
• Users must read the complete article to get the activation code because every point is important.

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Conclusion

Readers, here we are giving you step by step process to transfer Paytm postpaid money to a bank account.

To activate this offer, you must read the article carefully and follow the steps provided. Users can avail of this offer very easily.

If you have any problems while activating this offer, you can ask us in the comment box, and we will surely solve your problem.

FAQs

1. How can I get free Paytm cashback? 

You can get free Paytm cashback by using promo codes while making purchases on the Paytm app. Tap ‘Cash Back’ in the top right corner of your Paytm app to find regular promo codes and deals. By ordering a gift voucher from Paytm, you will get extra cashback.

2. What should I do to open an account in Paytm? 

You can register on the Paytm app with your mobile number and email address. Rs. You must complete full KYC to load more than Rs. 10,000 in your Paytm wallet. You can make mobile recharges, bill payments, online shopping, and other facilities with a basic account.

3. How can I activate Paytm Postpaid? 

Activate Paytm Postpaid from the Paytm app. You can find the choice in the app’s Loans & Credit Card section. Enter your PAN Number & DOB to check your credit limit for Paytm Postpaid.

4. Who is eligible for Paytm Postpaid? 

Eligibility for Paytm Postpaid depends on your credit score. You can check eligibility from the Paytm app. Enter your PAN number and birth date to check this service’s eligibility. 

5. Does Paytm Postpaid work? 

Yes, Paytm has launched a revamped version of its credit service. You can check eligibility and your credit limit from the Paytm app.