Akbar Holidays, the holiday division of India’s largest Travel Company – AkbarTravels has partnered up with SanKash, a travel fintech brand to help launch its new ’travel now pay later’ (TNPL) payment option feature, now available across all its digital payment gateways.
Born out of a desire to bridge the gap between memories and availability of money for the same, SanKash offers the ‘Travel now pay later’ for flexible payments and makes travel affordable for everyone through their Vacation Loans with an instant amount of INR 2,00,00/- that can go all the way upto INR 10,00,000/- . With SanKash’s vacation loans, funds are no longer an impediment to travel. The customer need not save up or look anywhere to arrange for funds, thereby making the preparation for travel as memorable as the travel itself!
How to make use of it?
Whenever you are booking your desired holiday package from Akbar Holidays, before you select the final payment gateway options, you will see an option to either select full payment or part payment. On selecting the part payment, you will automatically be choosing the book now pay later option. This will require you to only pay a nominal amount to book your package while the rest of the package price can be paid later.
On correct selection of the option, you will be redirected to the SanKash page where you will be required to enter your aadhaar and credit card details. Doing this will allow Sankash to check your credit score which will decide your eligibility for the vacation loan. A good credit score will result in a successful transaction and you may then proceed to complete the booking. The total time taken to complete this step is approx. 30 mins.
The Payment Stage:
After returning from your trip, your payment will start to get deducted from your account based through the EMI’s that were informed to you prior. Your monthly payments are due on 5th of every month , starting from the month post which loan is disbursed. Thus, all the monthly payments will be directly debited from the registered bank account. In case the monthly payment is not debited directly, our team will contact you and send you a payment link for the same.
SanKash will also send customer reminders via both email and text messages before their due monthly payment. In the event, where the customer has not made their payment, SanKash reserves the right to report payment delinquencies of 30 days or longer to one or more consumer reporting agencies in accordance with applicable law.
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