After one month when the process will be completed, you will receive a confirmation mail on your registered mail ID that your Paytm account has been successfully closed permanently. So make sure that you do not use this account for the next one month no matter what.įor precautionary measures, once you raise a request to deactivate your account think as if your account has already been closed so that you will not end up using your Paytm account mistakenly. If you use your Paytm postpaid account during this one month be it intentionally or mistakenly then your request for closing your Paytm postpaid account permanently will be canceled.
In this waiting period of one month, you can not use your Paytm postpaid account. Now further you will have to wait for one month. This is how you can close or deactivate your Paytm postpaid account permanently. Now you will have to click on the ‘Balance and History’ option.Īnd your request for closing or deactivating your Paytm postpaid account will be processed. Step 1: Open and launch the Paytm app on your phone. Steps to Deactivate your Paytm Postpaid Account Permanently Just make sure that you do not skip any step and read this article carefully till the very end. So all you have to do is follow the step-by-step process given below and we assure you that you will be able to deactivate your Paytm postpaid account permanently without having to face any troubles. Now let us move on and see the detailed step-by-step process to deactivate or close your Paytm account permanently. This facility is available in the form of line of credit (small on-demand loans) that can be used to make online/offline purchases on 1crore + websites & merchants. Once you raise a request you will not be able to use your Paytm Postpaid account specifically but you can still continue using Paytm for digital transactions just like you did before. Paytm Postpaid is a Buy Now, Pay Later facility offered by Paytm’s NBFC partners (Aditya Birla Finance Limited and Fullerton India Credit Company Limited). So it is advisable to initiate the deactivation request after the 7th as your bill will be cleared. You are supposed to pay the bill on the 7th of every month. So make sure that before you initiate and raise a request you pay your outstanding bill. You can avail Paytm Postpaid to book your flights, if you meet the following criteria: You must have a valid PAN number You should be older.
And if you do end up using it then your request for closing your account will be canceled. Paytm Postpaid is open to all Paytm users, no credit score or proof of employment needed Approvals depend on your fulfilment of the risk policy by our NBFC partner. Once you raise a request then as per the terms you will not be able to use this postpaid account for one month.
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