IndiGo Flex Pay option introduced: Pay only 10 pct for flight tickets, but there is a catch
IndiGo has come up with a new payment option that allows users to book flight tickets without having to spend the entire amount in one go. The airline on Thursday announced a ‘Flex Pay’ option on Thursday to boost ticket sales amid shuttered global travel. Under the scheme, passengers need to pay only 10% of the ticket price while booking the ticket for domestic travel.
The airline allows customers to make the remaining payment in up to 15 days from the date of booking. The Flex Pay option will only be applicable on bookings made through IndiGo’s website, for all scheduled domestic flights only, provided there is a minimum period of 15 days between the date of booking and the date of departure of the flight, as per the airline.
What is the IndiGo Flex Pay option?
Under this option, IndiGo allows passengers to reserve their tickets by paying 10 per cent of the total fare or Rs 400, whichever is higher. If the passenger wishes to book the ticket under the option, the payment will be calculated dynamically as 10% of the total fare subject to a minimum of Rs 400 per person per segment, in one booking.
WATCH Zee Business TV LIVE Streaming Online
“With the help of Flex Pay, the passengers can now secure their bookings by paying only 10% of the total fare amount and defer their payment on an IndiGo domestic flight for a period of up to 15 days either from the date of bookings or before the date of departure," the airline said in a statement.
What is the catch?
The 10 per cent amount that you pay to book the tickets is non-refundable. This means that if you decide to cancel the ticket after paying the initial amount, then no refund will be awarded.
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.
RECOMMENDED STORIES
Senior Citizen Latest FD Rates: Know what major banks like SBI, PNB, Canara Bank, HDFC Bank, ICICI Bank are providing on fixed deposits
Gratuity Calculator: Rs 38,000 as last-drawn basic salary, 5 years and 5 months of service; what will be gratuity amount?
EPFO Pension Schemes: Early pension, retirement pension, nominee pension and 4 other pension schemes that every private sector employee should know
Top 5 Small Cap Mutual Funds with best SIP returns in 1 year: See how Rs 25,000 monthly investment has grown in each scheme
Top 7 SBI Mutual Funds With Best SIP Returns in 1 Year: Rs 25,000 monthly SIP investment in No.1 fund has jumped to Rs 3,58,404
11:12 AM IST