Buying phones, renting a flat and a lot of big-ticket purchases have become easy for Indians due to the buy now, pay later offering. Paying for a wedding has also become flexible as now you have a marry now, pay later (MNPL) option.
That’s what Karan Singh did when he was finalising his venue and other arrangements for a June wedding. Stumbling upon the marry now, pay later option offered on a hoarding at a hotel, Singh from Faridabad was quick to enquire about it.
“I did not want to spend all my savings in one go for the wedding. I called up SanKash to know what they were offering and availed a loan of Rs 2 lakh for a six-month period.”
He said that post-COVID, he is more focussed on maintaining liquid cash and that’s why he opted for MNPL.
A first in the wedding space, the MNPL scheme is available at Radisson hotels in partnership with travel fintech platform SanKash that is looking to capture the country’s growing wedding market.
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