Adding value to the retail experience, Welspun Retail Limited (WRL), a part of the US$ 3 billion Welspun Group, with one of India’s leading banks have launched an EMI financing scheme called Triple Power Advantage. The scheme, a first of its kind introduced by Welhome, is a purchase finance scheme for the bank’s credit card holders available across all Welhome stores in India.
The scheme allows customers to convert purchase payments into 3 equal monthly installments at no extra cost, no additional charge and no processing fee. The introduction of the Triple Power Advantage will enhance Welhome’s appeal, making it a more lucrative destination for home décor. The scheme is also expected to attract new home owners, as the EMI option is more feasible, especially for high value purchases like mattresses, quilts, beanbags and other bed, bath and living gifting opportunities.
Mr. Rajiv Handa, Director and CEO, Welspun Retail Ltd said, “Welspun Retail is proud to create a viable option that makes home décor more accessible to Indians. Welhome is committed to bring innovative products to the ever evolving Indian home décor market and look forward to extending our services to an additional clientele of one of the country’s leading banks’ credit card holders.”
Currently, there are around 154 Welhome stores in India, all of which will be equipped to provide customers with the EMI financing scheme.