SOTC Travel, a leading omnichannel travel and tourism company and SaveIN, a multi-domain fintech platform have collaborated to make holiday bookings even more affordable for Indian consumers. This partnership introduces a “Save and Pay Later” option, enabling customers to book their dream holidays with SOTC Travel and pay through convenient, paperless EMIs at a zero interest rate – making travel easier on the wallet.
With travel emerging as a key lifestyle priority, Indian consumers – especially GenZ and Millennials, are increasingly seeking flexible payment options for value travel experiences. Younger travellers are adopting cashbacks, loyalty points, and dynamic EMI plans to reduce the financial burden of holiday travel. As such, affordable solutions are scaling fast: India’s BNPL (Buy Now Pay Later)/EMI market is projected to grow at ~12% CAGR (2025–2030) and cross $75Bn in size, with strong point‑of‑sale adoption as per a report by Mordor Intelligence.
Benefits to customers booking holidays via ‘SaveIN Pay Later’ with SOTC Travel:
S.D. Nandakumar – President & Country Head – Holidays and Corporate Tours, SOTC Travel Limited, said, “Travel today has become a non-negotiable part of the Indian consumer’s lifestyle, with demand steadily shifting to a year-round opportunity. At SOTC, we are committed to making these aspirations a reality. Our partnership with SaveIN strengthens the affordability dimension of travel, enabling customers to plan and book holidays with greater financial flexibility and ease. By leveraging SaveIN’s Zero-interest EMI‑led ‘Save & Pay Later’ model, we are making travel more accessible while continuing to enhance the overall customer experience.”
“Having built India’s largest distribution network for healthcare financing, we recognized that sectors like Travel also impose significant upfront costs that often limit consumer aspirations. Our partnership with SOTC Travel – our first in the travel sector – marks a significant milestone.This is also a major step in our evolution into a multi-domain platform, offering Zero % EMIs of up to ₹10 Lakhs. By integrating a 3-in-1 financing model—combining Banks, Credit Cards, and NBFCs, we are ensuring that whether it’s a dream vacation or essential healthcare, high-ticket purchases are now truly affordable and accessible for every Indian,” said Jitin Bhasin, Founder & CEO, SaveIN.