| Name of Complainant | |
| Date of Complaint | January 26, 2023 |
| Name(s) of companies complained against | Paytm postpaid |
| Category of complaint | Banking |
| Permanent link of complaint | Right click to copy link |
| Share your complaint on social media for wider reach | |
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Hi, I had a paytm postpaid account with a limit of only 1k. I used for a couple of months it was good but in the fourth month due to some reason i was unable to make a repayment on time. The strange thing was the penalty i was given was 590rs for a mere 1000 rs loan. So obviously i was pissed and didn’t pay it. Fast forward a couple of months and that same 1k loan has amassed a late penalty charges of 4427rs and with that it has tanked my credit score.
Couple of days ago I got a call from paytm recovery agent stating if i pay 2600rs now, my penalty charges would be waived off and I can get a NOC. Its been a week since i made the payment and there’s still 2827rs of dues pending. I also can’t get a NOC.
All this for a mere 1000 rs.
