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Paytm, ICICI Bank Partner to Offer Instant Digital Credit

Paytm has tied up with ICICI Bank to jointly launch 'Paytm-ICICI Bank Postpaid'.

Now, Paytm customers will get access to instant credit for the first time for everyday use-cases, ranging from movies to bill payments to flights to physical goods.

Features of the card


  • A seamless way to access interest-free short-term digital credit.
  • Users will get a digital credit account with instant activation
  • No hassles of documentation or branch visit, while activation is fully online. 
  • No transaction, joining or hidden administration fees.
  • Available 24x7 and on all day.
  •  Based on the credit score of the customer, the bank offers upto 45 days interest-free credit limit.
  •  It is based on a new BigData-based algorithm by ICICI Bank for real-time credit assessment of customers.
  • It ranges from Rs. 3,000 to Rs 10,000, extendable upto Rs. 20,000 based on the repayment history. Paytm-ICICI Bank Postpaid will also offer a quick checkout to customers with the Paytm Passcode.
  • The algorithm uses an intelligent combination of financial and digital behaviour of the customer including credit bureau check, purchase patterns, frequency of purchase to ascertain the credit - worthiness of a customer within a few seconds.
Paytm, ICICI Bank Partner to Offer Instant Digital Credit Paytm, ICICI Bank Partner to Offer Instant Digital Credit Reviewed by insiya yadav on November 18, 2017 Rating: 5

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