Travel first and pay train fare later, IRCTC's new scheme is people freidly.

CASHe partners IRCTC to launch ‘travel now pay later’ facility.

Highlights,

The EMI payment option will be available on IRCTC travel app’s checkout page.

The IRCTC travel app has over 90 million downloads and powers over 1.5 million railway ticket bookings per day.

IRCTC, indian railways catering and tourism corporation. 

Sparrow w News: Now you can easily book tickets without paying any money and pay after traveling. Indian Railway Catering and Tourism Cooperation (IRCTC) has started the special facility of Travel Now Pay Later.  Under TNPL, you can book railway ticket without paying any money.

With CASHe’s payment option, booking and paying for rail tickets on the IRCTC travel app will now be easier and hassle-free for millions of Indian Railway passengers.

How to activate IRCTC pay later service ?

The EMI payment option will be available on IRCTC travel app’s checkout page for passengers booking their reserved and tatkal tickets. CASHe’s TNPL EMI payment option offers a seamless user experience by automatically qualifying all users to avail the TNPL facility without any documentation.

The IRCTC travel app has over 90 million downloads and powers over 1.5 million railway ticket bookings per day.

What CASHe founder said after launching paylater service with IRCTC ?

V. Raman Kumar, founder chairman, CASHe, said, “This is India’s biggest travel now pay later embedded EMI payment journey with IRCTC of its kind. I am delighted to say that our association with IRCTC is another step to reach out and accelerate digitised EMI payments in the country. This partnership will also tremendously aid CASHe to reach out to the millions of IRCTC’s customers and provide them with a never-before and convenient option to travel now and pay for their rail tickets later in easy EMIs. The travel now and pay later as segment has seen remarkable growth and the message from the travellers is clear – they want the choice to pay for their trips in instalments. With CASHe’s travel now pay later, we will significantly enhance the payment convenience and flexibility for IRCTC’s customers at checkout, thereby improving customer experience.

How CASHe decide to give EMI to individual ?

CASHe’s unique proposition lies in its proprietary AI-based algorithm platform - Social Loan Quotient (SLQ). SLQ assesses the risk of a borrower based on the user’s social and mobile data footprints thereby providing credit to those that don’t qualify for credit from conventional lending. 

Besides offering faster credit decisions, SLQ has enabled CASHe to seamlessly capture untapped markets among the financially excluded sections of society. Its affordable interest rates, instant processing and flexible repayment options makes it India’s most preferred digital credit platform.