This is a super important question and it depends on a variety of factors, specifically: your payment method and your duration / frequency as a Paytm customer.
Let's get the easy one out of the way. Bill payments funded entirely via Paytm Cash are instant and we send the biller the funds within 24 hours, but it can sometimes be even quicker than this. This is the quickest way to pay your bill.
It takes ~24 hours for billers to receive the funds if the bill payment is funded by your credit card.
If the bill payment is funded by your bank account and you've made several bill payments funded by your bank account it takes roughly 2 business days for the biller to receive the funds. However, if it is your first bill payment funded by your bank account or if it is the first large bill payment funded by your bank account then it takes 5 business days for the biller to receive the funds. Please note that we can expedite this process if you send us a screenshot of the funds being deducted from your bank account.
Once the biller has received the funds, it takes anywhere from 24 hours to 3 business days for the biller to post the funds to your account. Telco, hydro companies, and credit card are usually quick to post the payment to your account, while municipalities and universities usually take a bit longer. Note, billers honour the date that they receive the payment and not the date that that payment was initiated.
As always, if you have any questions email us: firstname.lastname@example.org