SpiceJet seeks to widen customer base with a book-now-pay-later scheme

SpiceJet, on Monday, announced a tie up with fintech company Capital Float to enable customers to pay for their tickets in instalments.

While banks provide their credit card holders an equated monthly instalment facility for spends, SpiceJet’s partnership will benefit those who do not possess cards.

Shilpa Bhatia, chief commercial officer, SpiceJet, said, “The ticket price cannot be the reason to delay that family vacation any longer and our latest initiative aims to add more convenience and allow passengers to pay in easy instalments as per their budget. Moreover, in case a customer wishes to end the loan before the chosen EMI