EaseMyTrip to launch its Industry's first Save Now Buy Later scheme

EaseMyTrip.com, one of the largest online travel platforms to launch its new product line called "Save Now Buy Later (SNBL)" as an investment scheme for its customers to help them manage their finances better while they travel. The industry's first Save Now Buy Later (SNBL) will benefit the customer in planning their holiday and hotel stay well in advance by starting with a Systematic Investment Plan (SIP) and getting a return of up to 20 per cent on the total invested amount exclusively from the company.

As a part of SNBL, the customer can invest X amount on a recurring basis by instructing their UPI account with an investment as low as INR 100. The investment scheme can be availed for a minimum of 90 days (3 months). For domestic travellers, upon successful completion of 90 days (3 months), the collected amount can be redeemed to book a holiday package or a hotel stay of choice anytime post the 90 days period from EaseMyTrip.

For the international travellers, the company allows investing beyond 90 days period to enable its customer to plan their international trip way ahead. The maximum duration of the investment can be done for two years or 5 Lacs whichever is achieved first for both domestic and international travel.

Thrilled by the new product and its offerings, Lokendra Saini, Chief Operating Officer, EaseMyTrip.com, said "At EaseMyTrip, we are receiving tremendous positive outlook from the travellers in terms of holiday and hotel bookings and therefore hoping all our customers avail their next big holiday and hotel stay with us without worrying about their finances. Our constant endeavour is to ease our customers travel experience in whichever way possible and are certain that this new investment scheme will enable them to take their holiday and stay from their return on investment."

Additional to the investment scheme, EaseMyTrip also provides multiple payment options like Net-banking, Wallets, UPI and other options like EMI and BNPL (Buy Now Pay later) for its customers to have a user-friendly experience while they book their tickets.

Shares of Easy Trip Planners Limited was last trading in BSE at Rs. 388.35 as compared to the previous close of Rs. 393.65. The total number of shares traded during the day was 42113 in over 1285 trades.

The stock hit an intraday high of Rs. 394.10 and intraday low of 385.55. The net turnover during the day was Rs. 16386347.00.

Source : Equity Bulls

Keywords

EasyTripPlanners INE07O001018 EASEMYTRIP SaveNowBuyLater InvestmentScheme