EMI facility in Schools and air ticket Booking also!!!

Repaying money in monthly installments is called EMI. These EMI facilities have started in many sectors and departments today. There have been EMI options for buying home appliances or even for commercial purposes, in personal loans from banks and home loans also. Now, this facility has started in Schools fees payment and also in booking air tickets. On Average, the school fees of private Schools start from 60,000rs to 1.5 lakhs per year. This is very tedious for many parents whose kids studying in private schools paying ransom amount of fees. After this corona period, many families have even lost their job. They couldn't pay the fees in a single payment.
                        A nonfinancial organization in kolkata before 2 years has been planning this and started to implement this after the corona period. This is also working well among people. These institution has been associated with schools and pays the fees to the school in full amount. The school bears the processing fees of it. The parents will pay the money in installments for a time of six months or even one year. Same like this, Spicejet has started ticket accounting. For the tickets ranging from 900rs to 40 thousand, the EMI facility is available. No processing charges are needed if the amount is paid within three months. After three months, they charge 24% interest. Many loan schemes with EMI facilities have started in recent days.

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emi

Sowmiya Sriram

14/11/2021 04:39 PM