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Marry Now Pay Later Scheme: In our country India, if someone does not have money to buy something, then he uses the facility of BNPL i.e. Buy Now Pay Later, under which people can get loan to buy things like fridge, mobile, house etc. But the money is available.
But now you can take a loan for your own or someone else’s wedding and after the marriage, you can repay the money in EMIs. Fintech company Sankash has started the facility of MNPL i.e. Marry Now Pay Later Scheme for Indians, under which you will now get a loan for getting married. If you do not have any information about Marry Now Pay Later Scheme, then in today’s article we are going to give you complete details about Marry Now Pay Later Scheme so that you can have complete information about this new scheme.
What is Marry Now Pay Later Scheme?
Travel Fintech company Sankash in partnership with Radisson Hotels has started the facility of MNPL i.e. Marry Now Pay Later, under which loan for marriage will be provided to all those people who do not have money to get married or those who want to get married. They want to marry but they are short of some money. Under Marry Now Pay Later Scheme, any person can take a loan up to Rs 25 lakh, which you will be given 12 months to repay. Which you will have to repay in EMIs, also if you take a loan under this scheme, you will not have to pay any interest on your loan to the company for the first six months.
But if you are not able to repay the loan to the company within 1 year, then you will have to pay 1 percent interest to the company every month.
Marry Now Pay Later facility will be available in these hotels
Fintech company Sankash has currently partnered only with Radissons Hotels for this facility. Therefore, if you want to avail the benefit of Marry Now Pay Later Scheme, then you will have to have your wedding in Radisson Hotel only, apart from this you cannot have your wedding at any other place with this facility. Marry Now Pay Later facility is currently operational in Radisson Hotels in Delhi, Gurgaon, Madhya Pradesh and Rajasthan. The Fintech company says that in the coming time, they want to bring this facility to the entire country so that loans can be given to all people for marriage.
This is how Marry Now Pay Later Scheme works
When you use the Marry Now Pay Later Scheme provided by SanKash company, then this company pays the money for your wedding to Radisson Hotel on its behalf, the money which you have to pay in EMIs to SanKash company every month.
Currently, there are many people in India who have used the Marry Now Pay Later Scheme, and have also taken loans for their marriage. The founder of SanKash company says that the goal of his company is to provide a fund of Rs 100 crore to people for their marriage.
We hope that from this article you would have got complete details about Marry Now Pay Later Scheme, share it with your friends also so that they can also get information about Marry Now Pay Later Scheme.
