With Indian outbound travel market getting ready to reopen and travel around the world again, KTO New Delhi, Shinhan Bank and Utazzo Travel have signed a Memorandum of Understanding to promote a one of its kind savings cum deposit plan called “Let’s Go Korea” for Indian travellers to plan their dream holiday to South Korea. The plan allows travellers to invest for their future trip to Korea and receive exclusive offers on their Korea travel bookings from Utazzo Travel.
The customers can invest in monthly instalments ranging between INR 2,000 to INR 100,000 with Shinhan Bank for a duration of up to one year. The Shinhan bank offers an attractive rate of interest of 5.75 per cent * per annum that can be availed at the end of the deposit period. The buyers of this monthly saving cum recurring deposit plan are entitled for exclusive discounts and money-back offers provided by Utazzo travel.
As the exclusive travel agency partner, Utazzo Travel will curate multiple packages at attractive rates, valid till December 31, 2023. The buyers will be provided with a special 10 per cent discount and 5 per cent cashback on the South Korea package cost and a voucher worth INR 25,000 for other future bookings. Not just this the package buyers will receive an exclusive photoshoot in South Korea. The customers need to enroll for the Let’s Go Korea plan with Shinhan bank and fill a Google form to avail these exclusive offers. One lucky winner from the package Korea package buyers will also receive a free stay for two at a 5 star hotel in India.
The list does not end here, Korea Tourism Organization will also be providing a special early bird prize to the first 300 customers who enroll for this savings plan. The box is specially curated for travel lovers with premium travel accessories and Korean experience items. The details of the savings cum deposit plan and exclusive offers are officially listed on Shinhan bank’s website https://in.shinhanglobal.com/kto_promotion.html.
Talking about this unique collaboration Young Geul Choi, Director, Korea Tourism Organization, New Delhi said, “Let’s Go Korea is a unique product that will give Indian travellers a big reason to put Korea on their travel plans this year. This is a win-win proposition for value-conscious Indian travellers as they not just earn interest on their money but can also avail other benefits. Thanks to our partners Shinhan Bank and Utazzo Travel who have come together for this special collaboration.”
“Korea is fast-emerging as the hot destination of choice for young Indian travellers and we are delighted to partner Shinhan Bank and KTO to promote this unique offering. For customers, a long international holiday typically means saving money, average accommodation quality and several other things that one might have to compromise on. Let’s Go Korea allows you to book one of our multiple travel packages at special prices, pay in premiums and to top it up, you earn interest. This truly is a stellar deal to bag,” said Ashutosh Dwivedi, Founder and CEO, Utazzo Travel.
Bongkyun Seo, CEO, Shinhan Bank added, “Let’s Go Korea is in line with our larger mission to build a better world through the power of finance. We have always been seeking new approaches and offer products and services that keep pace with the changing times. Travel in this post-pandemic world has just started picking up and we are delighted to be the partner of choice to travel enthusiasts looking at visiting South Korea this year.”
Starting from April 1, 2022, South Korea will welcome visitors who have completed their COVID-19 vaccinations will be exempt from mandatory quarantine. Quarantine exemption will be available for those who have completed their third dose of the COVID-19 vaccine or received two doses (one dose for Janssen) at least 14 days prior but within 180 days.
With the rise in Korea awareness in India especially through Korean entertainment world of K-Pop and K-Drama, KTO expects a rise in demand for travel to Korea by Indian outbound travellers in year 2022.
