Wazzup Pilipinas!
Holidays are a vital part of life, providing you the much-needed relief from your daily hectic routine. A holiday not only lets you explore many places on your list but even keeps your refreshed and relaxed.
When you are back from a holiday, you could see that your concentration level and efficiency has increased as you have given your body and mind the needed repair. Although everyone wants to embark on a holiday, not all are fortunate enough to go due to the lack of funds.
Not anymore as you can easily avail a travel loan in India by applying online. Leading lenders offer up to Rs.25 lakh with a wider tenor and many more benefits to get you packing your bags.
So, you can pick out that adventurous activities list that you have been waiting to explore and start making plans right away.
Here are some of the benefits of the travel loan to help you visit and enjoy the best places for adventure travel, mountaineering, scuba diving, and beyond.
What is a Travel Loan?
A travel loan is a type of personal loan which is especially designed for people looking to explore the greatest adventures on earth without poking a hole in their pockets. You can borrow up to Rs.25 lakh to fulfill your holiday dream.
Avail a Travel Loan and start Packing Your Bags for a Holiday
1) Higher loan amount – Be it the Bahamas or the New York or Spain or Switzerland, you need not cut short your holiday as you can borrow an amount as high as Rs.25 lakh.
2) Instant approval – Your holiday plan need not wait for the mere approval of the travel loan. You can get an approval for the loan in as soon as 5 minutes.
3) Money disbursement in 24 hours – Once you have the approval for the loan, you will see the money getting credited in your bank account in 24 hours after approval.
4) Flexi loan facility – You have the freedom to avail the loan for the maximum amount of Rs.25 lakh and withdraw an amount as per your wish. You can pay only the interest on the used amount as your EMI and nothing more. The rest of the money gets settled after the end of the loan tenor.
5) Minimum documentation – Do you have a strong Credit Score, repayment and consistent employment history? You are good to go to get a hassle-free approval for the loan as your KYC, income and bank details are enough.
6) Online account management – Once you avail the loan, you can track its progress via the digital customer portals of the lenders from anywhere and 24/7.
Holiday Loan Eligibility Criteria
You need to be a citizen of India
You must be a salaried professional working with a public, private or an MNC company with at least 3 years of work experience and more
Your age should be between 25 and 58 years
Based on your city of residence, you should be earning a salary pre-decided by your lenders to qualify for the loan
Travel Loan Documents at a Glance
KYC documents
Employee ID Card
Last 3 months’ Salary Slips
Your salaried account’s bank statements for the last 3 months
Don’t let your desire or passion for visiting your favourite places this vacation season with a travel loan to help you out.
Additional Read: 9 Things to Know About Travel Loans In India