Suryoday Small Finance Bank Rises 4.50% After It Partners With Paytm to Launch Postpaid Credit Line on UPI

Mumbai, September 17, 2025: Suryoday Small Finance Bank Limited’s share price ended in the green today, on September 17, after the company announced that it has partnered with One 97 Communications Ltd (Paytm) to launch Paytm Postpaid.. At the market close, the shares ended 4.50%, or 5.72 points higher at ₹132.93. The shares made an intraday high of ₹134.88 and a low of ₹127.89. The traded volume stood at 3.16 lakh shares, with the company’s current market cap at ₹1,352 crore.

Suryoday Small Finance Bank Limited is a small finance bank that was originally incorporated as a microfinance company in November 2008. The company received its final licence to operate as a small finance bank from the Reserve Bank of India (RBI) and started its banking operations on 23rd January 2017. Its headquarters are in Navi Mumbai, Maharashtra, India. The NSE ticker symbol is SURYODAY, and the BSE code is 543279.

Partnership With Paytm to Launch Postpaid Credit Line on UPI

The rise in the share price comes after the company announced that it has partnered with One 97 Communications Ltd (Paytm) to launch Paytm Postpaid. The proposed product is a Credit Line on UPI and is aimed at offering customers the flexibility of “Spend Now, Pay Next Month” convenience.

With the new product, customers will be able to make instant UPI payments across all QR codes, online platforms, recharges, bills, and bookings using a short-term credit line. The facility will not charge interest for credits up to 30 days. For now, Suryoday is rolling out the service to a select user base and has plans to expand it further.

Spend Instantly and Repay Later

Avijit Jain, COO – Lending at Paytm, said: “We are delighted to bring Paytm Postpaid, Credit Line on UPI, which makes it possible to spend instantly and repay comfortably the next month. Whether it’s paying at a local store, managing household bills, or shopping online, this solution is designed to make life simpler.” Vishal Singh, CIO & Head Digital Banking at Suryoday SFB, added: “By enabling Paytm Postpaid on UPI, we are empowering consumers with greater flexibility to manage their everyday spends, while ensuring the reliability of a regulated banking partner.”

REF: https://www.bseindia.com/xml-data/corpfiling/AttachLive/b0f7a4e4-a022-4ede-a3d9-61dc75897021.pdf

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