Holiday first, pay later: Offer suited only to travellers with deep pockets

No amount blocked on advance booking but such borrowing is reckless

With lockdowns easing, there are expectations of a surge in tourism, as people weary of being stuck inside their homes satisfy their desire for travel, and companies are looking to offer finance options to encourage this trend.

Thomas Cook India and SOTC Travel are first off the block with their “Holiday first, pay when you return” scheme.

How it works

Customers need to first finalise their travel package with Thomas Cook or SOTC Travel and then apply to SanKash, a non-banking finance company (NBFC), they have partnered with for financing. The amount of financing available depends on the customer’s eligibility. 

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