We are within the lovey-dovey period of pre-Valentines. It’s that time when college students are deciding where to spend their parent’s money on gifts for their valentines. Working married couples know better. 14th February will be a working day, so the plans will involve, who would babysit the baby, where to make reservations for a candle lit dinner and how to surprise the better half differently compared to last year.
Valentine’s Day Spend
Greeting card companies earn more money in February than any other month. It isn’t a surprise because that is when we ever think of getting greeting cards for anyone. The usual WhatsApp forwards don’t suffice compared to an actual card.
In India, this is also the time when people are looking to provide special gifts to loved ones. As per a research done by CashKaro, more than three-fourth of individuals in India who are either married, engaged or in a relationship, celebrate Valentine’s Day. They buy greeting cards, spend on a gift and throw in the odd movie or dinner date. Close to Rs. 5000 is spent on cards or flowers alone.
Salaried millennials are not too far behind when spending the most. The splurging on baes can go from Rs. 15,000 to a Lakh. New smartphones, brand new jewelry, a surprise diamond ring, the ideas are unique and based on requirement. Married millennials will have other priorities, such as planning a second honeymoon, purchasing consumer durables for the home or setting up gorgeous home décor. It is not just the men who are paying for Valentine’s Day gifts, working salaried women are also getting their male counterparts worthy Valentine’s Day gifts. Although, working woman’s spending threshold is underestimated across semi-urban and urban India.
Online platforms cover the bulk of shopping destinations, with only about 20% of Valentine’s Day shopping being done through offline means. More than half of those consumers spend on gift certificates, apply coupon codes and avail Valentine’s Day offers. Brands in India are instantly recognized for their Valentine’s Day campaigns. Titan, with its large share of watches and jewelry usually tend to see a jump in sales volume during the January-March quarter.
Archies, the gifting brand, sees a surge in gifts and greeting cards during the month of February. Nestle, makes a good fortune thanks to its portfolio of chocolates. The same goes for Jubilant Food Works in the burger or pizza consumption.
Valentine’s Day Loan in India
Although not a product of personal loan yet, a Valentine’s Day loan can be likened to a personal loan for the purpose of spending during Valentine’s Day. Spending towards gifts for your valentine requires cash. It is not easy for salaried individuals to allot a specific sum of money each year for Valentines. It could also be that 14th February could also be a birthday of a loved one. Purchasing a gift then becomes a priority. For salaried individuals earning more than Rs. 20,000 per month, the easiest way to spend is via applying a personal loan.
Loan Singh’s hassle-free process and quick approval personal loans are perfect for salaried individuals like you who are too busy to even get a rest. The attractive EMIs and interest rates at Loan Singh, make personal loans affordable to repay back. Add luxury to your mundane lives without putting too much strain on your finances. Your dreams are our dreams. We help turn your dreams into reality. Brand new appliances and electronic products are also needed in case you are relocating due to your job. The job relocation personal loan at Loan Singh helps cover exactly this.
Loan Singh’s emi calculator will help you understand how much you need to pay in order to clear your consumer durable loan. The calculator only needs your intending loan amount and tenure for telling you how much you need to pay each month. A personal loan can be availed between Rs. 50,000 and Rs. 10,00,000.
Another huge benefit you have with a Loan Singh online personal loan is that you have the freedom to choose where you want to spend your loan amount on. You can apply for a shopping loan and utilize the cash to spend on an Amazon, some on Flipkart or some on Snapdeal. Unlike so many ecommerce websites that let you gain discounts for possessing a debit card or points of a particular finance provider, Loan Singh’s personal loan can be utilized to be spent on the website you want and on the product you want to spend on.
About Loan Singh
Loan Singh is a digital lending platform that prides in providing online personal finance loan or unsecured personal loan to salaried individuals. You can apply for quick funds as an easy emergency loan which is not a bank loan. We provide a loan with the best personal loan interest rates. The instant funds, or instant loans, are loans between Rs. 50,000 and Rs.10,00,000 taken for purposes such as:
- Home improvement loan/Home renovation loan
- Marriage loan/ Wedding loan
- Medical loan
- Used vehicle loan
- Consumer durable loan
- Vacation loan
- Debt consolidation loan
- Credit card refinancing loan
- Job relocation loan
- Smartphone loan
- Travel loan
- Festival loans
- Gold jewelry loan
- Shopping loan
- Lifestyle loan
- Short term loans
You can calculate your easy EMIs using our personal loan EMI calculator. We accept bank statement and PAN, for quick loan approval. A bad credit score or credit report errors can lead to personal loan rejection. The ‘Loan Singh Finance Blog’ is one of the best finance blogs in India. Loan Singh is a product of Seynse Technologies Pvt Ltd and is a partner to the Airtel Online Store.
Loan Singh’s Online Presence
Loan Singh is not an anonymous digital platform. We are present on almost all leading social media platforms. All you need to do is look for us. You can find us on Loan Singh Facebook, Loan Singh Twitter, Loan Singh Google+, Loan Singh YouTube, Loan Singh Pinterest, Loan Singh Instagram, Loan Singh LinkedIn, Loan Singh Blogarama, Loan Singh Google Business, Loan Singh Bank Bazaar, Loan Singh Medium, Loan Singh Reddit, Loan Singh Tumblr, Loan Singh Scoop It, Loan Singh Feed, Loan Singh Storify, Loan Singh Digg, and Loan Singh Blogger.
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