HomeNewsMC MinisPersonal FinanceWant to travel now, pay later or TNPL?

Want to travel now, pay later or TNPL?

November 15, 2022 / 19:58 IST
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With the pandemic now history, travel season is back again with holidays and year-end celebrations nearing. Several travel companies and travel aggregators are promoting a Travel Now, Pay Later (TNPL) scheme. It is catching the attention of millennials, who are keen head to new destinations. Travelers with a good credit profile are eligible for this scheme. You can book flight and train tickets, do hotel bookings, or book a complete travel package using the scheme. The fintech lender charges an interest for the service. You can repay in equated monthly instalments (EMIs) over one month to six months after traveling.

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Hiral Thanawala is a personal finance journalist with 9 years of reporting experience. Based in Mumbai, he covers financial planning, banking and fintech segments from personal finance team for Moneycontrol.
first published: Nov 15, 2022 03:07 pm

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