5 Ways a Personal Loan for Travel can Help You Go Places

Personal Loans

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Have you been looking to go on a vacation for long, but could not do that due to monetary issues? If yes, then you can opt for a travel loan. 

A travel loan is an extension of personal loan that can help you avail up to Rs.25 lakh from leading lenders. 

However, many people don’t have any idea how much travel finance to avail. If you are one of them, you can utilize the personal loan EMI calculator. It will showcase an exact amount that will be payable each month. 

If you want to know how a personal travel loan can cover your needs and help you avail new horizons, then you should go through his quick post!  

Lets you avail up to Rs.25 lakh 

The travel loan by leading lenders can help you avail as high as up to Rs.25 lakh. No matter where you want to go on a vacation, the fund limit is enough to meet all your needs. Based on the eligibility conditions, you will be able to apply for a loan amount. 

Quick approvals available 

Now going on a vacation does not mean that you will need to wait for ages for the loan approval. As per your loan eligibility and documents required, you can get a loan approval instantly. 

Money in your bank account in 24 hours 

Once you have the approval for the travel loan, a leading online lender can let you get the required loan amount into your bank account as fast as up to 24 hours. This way, you can use the loan amount and fly away to your preferred destination. 

Minimum eligibility and documents 

The travel loan does not need you to meet complex eligibility conditions and furnish too many documents. The standard travel finance eligibility criteria and documents include: 

Your age should be between 23-55 years 

You need to be a resident citizen of India 

You should be working with an MNC, private or a public limited company 

Basic KYC documents 

Employee ID Card

Last 2 months’ Salary Slips 

Previous 3 months’ Salaried Bank account statement  

 

Hassle-free loan repayment within 5 years 

Once you have visited a preferred travel destination, you don’t have to stress about repaying the availed loan amount anytime soon. You can stretch the loan over a period of 5 years and pay in smaller EMIs. This way, you would also be able to manage other outlays in your life. 

A travel loan can surely help you undertake those long-craved trips without worrying about managing expenses on your own. You can go ahead and start applying for the loan online at a leading lender’s website. 

Bajaj Finserv presents pre-approved deals on financial products such as small personal loans, home loans and more. It can ease off your loan procedures and make it less time-consuming. You can check out your pre-approved loan deals today after sharing basic details like your name and contact number. 

 

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