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.
"We have fly now, pay later, then the...
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