Sunday, August 25, 2019
Follow us on

Trending: IOU(I owe you) envelopes for the bride & groom

November 13, 2016 05:40 AM

COURSTEY Nov 13 2016 : The Times of India (Ahmedabad)
Trending: IOU envelopes for the bride & groom
Ashish Mehta

This wedding season, newlyweds have started receiving IOU (I owe you) envelopes from relatives promising them their `shagun' on a later date.
After the demonetisation move by the Centre, several wedding guests in Jaipur approached designing and printing businesses to come up with informal signed envelopes which promises the bearer to pay a sum varying from Rs 500, Rs 1,100 to Rs 2,100.Some have even assured to hand over the sum by November 30.

60-year-old Praveen Nahata, a senior marketing consultant, is one the several people who got an IOU envelope printed. “My family has to attend a dozen wedding this season. I am giving them an empty envelope with a promise to pay a sum varying from Rs 500 to Rs 1100 depending on my re lation with the bride or groom.

“I will actually pay them this amount when things and flow of new currency notes would be normal in banks and ATMs,“ Nahata said. “I have also got my wife, my address and telephone number printed on the envelope with a promise to pay the bearer the promised money printed on it,“ he added.

Reports of people opening the envelopes in front of guests and returning old currency notes have also been doing the rounds.

Parents of few brides and grooms have requested guests not to pass their old currency notes as shagun. “A father of bride or a groom is already burdened with lot of things.So, after marriage of my daughter, I don't want to wait in long queues to deposit old currency notes,“ said Jyoti Prasad Sehdev, father of a newlywed bride

Have something to say? Post your comment