In summary

The Iceland trip cost for 2 people over 8 days comes to about Rs. 4.37 lakh in the sample budget below. Flights take about a third of the Iceland trip cost, and stays take another fifth. Indians need a Schengen visa, which costs EUR 90 plus a VFS charge and can take 15 to 30 days. Winter brings the Northern Lights, while June and July bring the midnight sun. A rental car and guesthouse rooms keep costs lower than hotels and tours.


  • Budget about Rs. 4.37 lakh for 2. 
  • Apply for the visa 6 to 8 weeks ahead. 
  • Pick your season before you book. 
  • Self-drive saves on tours. 

Planning the trip? Check your loan offer with your phone number and a one-time password (OTP) → apply online → funds may be credited within 24 hours* of approval, subject to verification.

How much does an Iceland trip cost from India?

Iceland is one of the costlier places to visit in Europe. A plain meal in a café can cost Rs. 2,500 to Rs. 3,000 per person. Your Iceland trip cost depends on 3 choices: the season, the type of stay and whether you drive yourself.


The table shows a sample Iceland trip cost for 2 people over 8 days in late September. The prices are illustrative quotes for one couple, not fixed rates. Check current prices before you book.


Item (for 2 people)Cost (Rs.)
Return flights, Delhi to Reykjavik with 1 stop1,50,000
Schengen visa: EUR 90 fee plus VFS charge, about Rs. 12,300 each24,600
Travel insurance with EUR 30,000 medical cover3,000
Guesthouse double room, 7 nights at Rs. 14,00098,000
Rental car, 6 days at Rs. 8,00048,000
Fuel for the south coast and Golden Circle12,000
Food, 8 days at Rs. 6,000 for 248,000
Northern Lights tour, glacier walk and a lagoon visit43,000
Local SIM, parking and extras10,000
Total4,36,600

Last updated: 27th October, 2026


Flights and the stay make up more than half the Iceland trip cost. If you travel in the off-season or book flights 3 to 4 months ahead, those 2 lines fall the most.

Show More Show Less

What visa do Indians need for Iceland?

Iceland is part of the Schengen Area, so Indian passport holders need a Schengen visa. The Embassy of Iceland in New Delhi decides each case. VFS Global takes the application and your fingerprints.


The visa adds about Rs. 12,300 per person to the Iceland trip cost. Here is what to plan for:

  • Fee: EUR 90 for adults, plus a VFS service charge of about Rs. 2,900. 
  • Processing time: Normally 15 days after VFS sends the file to the embassy. It can take up to 30 days if the embassy asks for more papers. 
  • When to apply: Up to 6 months before you travel. Apply at least 6 to 8 weeks ahead. 
  • Main papers: A passport valid 3 months beyond your return, flight and stay bookings, 3 months of bank statements and proof of income. 
  • Insurance: Travel insurance with at least EUR 30,000 of medical cover for the whole trip. 

Visa rules and fees change. Confirm them on the VFS Global and embassy websites before you apply.

Show More Show Less

When should you go?

Iceland has 2 very different seasons. Your choice changes both the trip and the Iceland trip cost.

  • September to mid-April, for the Northern Lights: The nights are long and dark, which you need to see the lights. Prices drop from November to March, but days are short and some roads close in snow. 
  • June to August, for the midnight sun: The sun barely sets, so you get long days for driving and hiking. This is the busiest and costliest time, with higher prices for rooms and cars. 
  • May and September, the shoulder months: These months bring fewer crowds and lower prices. September also gives the first chance of the Northern Lights. 
Show More Show Less

What can you see in 8 days?

This 8-day plan matches the Iceland trip cost in the table and covers the south of the island by car:

  • Days 1 and 2, Reykjavik and the Golden Circle: See Thingvellir National Park, the Geysir hot springs and Gullfoss waterfall. 
  • Days 3 and 4, the south coast: Stop at the Seljalandsfoss and Skogafoss waterfalls and the black sand beach at Reynisfjara. 
  • Days 5 and 6, the glacier lagoon: Visit Jokulsarlon, where icebergs float in the lagoon, and take a guided glacier walk. 
  • Days 7 and 8, back to Reykjavik: Visit a geothermal lagoon, then fly home. 

At Reynisfjara, stay well back from the water. Large waves come in without warning.

Show More

How can you lower the Iceland trip cost?

Small choices cut the Iceland trip cost over 8 days. Try these steps:

  • Book flights early: Fares through Europe or the Gulf drop when you book 3 to 4 months ahead. 
  • Stay in guesthouses: Rooms with a shared kitchen cost less than hotels and let you cook some meals. 
  • Buy food at supermarkets: Breakfast and lunch from a supermarket can halve your food bill. 
  • Drive yourself: A rental car costs less than daily tours for 2 people. Carry an International Driving Permit with your Indian licence. 
  • Pick free sights: Waterfalls, beaches and national parks have no entry fee, though some charge for parking. These free stops keep the Iceland trip cost in check. 

Aditya's Northern Lights trip

Aditya, 35, is a salaried data engineer in Hyderabad. His take-home pay is Rs. 1,10,000 each month. His CIBIL score is 778. He planned the 8-day trip in the table for his wife and himself, for their tenth anniversary. They had Rs. 46,600 saved towards the Iceland trip cost, so he took a loan of Rs. 3,90,000 at an illustrative 13.25% per annum. He then set the 2-year equated monthly instalment (EMI) against the 3-year one.


EMI = P × R × (1 + R)^N ÷ [(1 + R)^N − 1]. Here P = Rs. 3,90,000, R = 13.25 ÷ 1,200 and N = months.


TenureMonthly EMI (Rs.)Total interest (Rs.)EMI as share of salary (%)
24 months (2 years)18,58756,09116.9
36 months (3 years)13,18884,75512.0

Last updated: 27th October, 2026


A 3-year term would ease each payment by Rs. 5,399, though the interest bill grows by Rs. 28,664. The fee for processing may reach Rs. 16,107. Aditya chose 24 months, so the Iceland trip cost would be paid off well before the next big holiday.


What can delay approval: a CIBIL score below 650 or existing EMIs that take up a large share of your income. Names or addresses that do not match across documents, and more than one loan application in the same month, can also slow it down.


Saving for a trip to Iceland? With a Bajaj Finance Personal Loan, you can borrow Rs. 40,000 to Rs. 75 lakh, subject to eligibility. Check your loan offer with your phone number and a one-time password (OTP) → apply online → funds may be credited within 24 hours* of approval, subject to verification.

Show More

What catches visitors out in Iceland?

These rules and habits surprise first-time visitors. Know them before you go, as fines can add to your Iceland trip cost:

  • Weather changes fast: A sunny morning can turn to wind and rain by noon. Check the road and weather sites each day. 
  • Speed cameras and fines: Fines for speeding are high. Keep to the limits, which are lower than most visitors expect. 
  • Off-road driving is banned: Driving off marked roads damages the land and brings large fines. 
  • Card payments rule: Most places take cards, so you need little cash. Use a card with low foreign exchange charges to keep the Iceland trip cost down. 
  • Fuel stations are far apart outside towns: Fill up when you see a station. 
Show More

Can a personal loan cover the trip cost?

Yes. A personal loan can cover flights, stays and the car. With a Bajaj Finance Personal Loan, you can borrow between Rs. 40,000 and Rs. 75 lakh without pledging an asset. Repay it over 12 months to 108 months. Indian nationals aged 21 years to 80 years with a CIBIL score of 650 or above can apply. Borrow only what your savings fall short of for the Iceland trip cost, and keep the EMI a small share of your salary.

Show More

Key offerings: 3 loan types

  • Flexi Hybrid Loan
  • Flexi Dropline Loan
  • Term Loan

  • Withdraw and prepay – no extra charges
    You can withdraw from your limit and prepay as many times as you want, without extra charges.

  • Instalment pattern
    You can pay interest-only EMIs for up to 36 months, after which, the EMI will consist of both, the principal and the interest. EMI is applicable only on the withdrawn amount.

  • Flexi facility charges
    Flexi facility charges applicable based on your loan amount.

  • Withdraw and prepay – no extra charges
    You can withdraw from your limit and prepay as many times as you want, without extra charges.

  • Instalment pattern
    Fixed EMIs that cover both the principal and interest on the loan amount you withdraw.

  • Flexi facility charges
    Flexi facility charges applicable based on your loan amount.

  • Amount disbursed in one go
    The entire loan amount is disbursed at the start.

  • Instalment pattern
    Fixed EMIs that cover both the principal and interest.

  • Flexi facility charges
    No Flexi facility charges.

Iceland Trip Cost From India: An 8-Day Budget for 2

Iceland Trip Cost From India: An 8-Day Budget for 2

An Iceland trip cost from India runs high, as flights, stays and food all cost more than at home. A clear item-by-item budget shows where the money goes and where you can save.
FAQs

FAQs

Video

Video

Rs. 40,000 - Rs. 75 lakh

Calculate your EMIs

You may be eligible for a pre-approved offer

Check now

Enter mobile and OTP | Check offer | No branch visit needed

Personal loan interest rate and applicable charges

Type of fee

Applicable charges

Rate of interest per annum

10% to 30.5% p.a.

Processing fees

Up to 4.13% of the loan amount (inclusive of applicable taxes).

Flexi Facility Charge

Term Loan – Not applicable

Flexi Loans –Up To Rs 1,999 To Up To Rs 18,999/- (Inclusive Of Applicable Taxes)

Will be deducted upfront from loan amount.

Bounce charges

Rs. 700 to Rs. 1,200/- per bounce

“Bounce charges” shall mean charges for (i) dishonor of any payment instrument; or (ii) non-payment of instalment (s) on their respective due dates due to dishonor of payment mandate or non-registration of the payment mandate or any other reason.

Part-prepayment charges

Full Pre-payment:

  • Term Loan: Up to 4.72% (Inclusive of applicable taxes) on the outstanding loan amount as on the date of full pre-payment

  • Flexi Term (Dropline) Loan: Up to 4.72% (Inclusive of applicable taxes) on the outstanding loan amount, as on the date of full prepayment.

  • Flexi Hybrid Term Loan: Up to 4.72% (Inclusive of applicable taxes) on the outstanding loan amount, as on the date of full prepayment.

Part Pre-payment

  • Up to 4.72% (Inclusive of applicable taxes) of the principal amount of Loan prepaid on the date of such part Pre-Payment.

  • Not Applicable for Flexi Term (Dropline) Loan and Flexi Hybrid Term Loan.

Penal charge

Delay in payment of instalment(s) shall attract Penal Charge at the rate of up to 36% per annum per instalment from the respective due date until the date of receipt of the full instalment(s) amount.

Stamp duty (as per respective state)

Payable as per state laws and deducted upfront from loan amount.

Annual maintenance charges

Term Loan: Not applicable

Flexi Term (Dropline) Loan:

Up to 0.295% (Inclusive of applicable taxes) of the Dropline limit (as per the repayment schedule) on the date of levy of such charges.


Flexi Hybrid Term Loan:

Up to 0.472% (Inclusive Of Applicable Taxes) Of The Dropline Limit During Initial Tenure. Up to 0.295% (Inclusive Of Applicable Taxes) Of Dropline Limit During Subsequent Tenure

Credit guarantee scheme feeUp to 1.18% p.a. (pro-rated daily till 31st March) (inclusive of all applicable taxes) of the loan amount
Credit guarantee scheme renewal feeUp to 1.18% p.a. (inclusive of all applicable taxes) on the outstanding loan amount as on April 01 of the subsequent Financial Year.
*Renewal Fee to be collected only for 3 subsequent financial years.
 
**If the Remaining Tenure is less than 12 months, the CG Fee in subsequent years shall be charged prorated.

Not your nearest branch?

Banner_NEW_Storelocator_XAOP_App_27072026.png

Frequently asked questions

Planning the trip

Costs and money

How many days do you need in Iceland?

Plan at least 7 to 8 days for the Golden Circle, the south coast and the glacier lagoon. That leaves time for bad weather, which can close roads for a day. With 10 to 12 days, you can drive the full Ring Road around the island. Long flights from India also need a day each way. More days add to the Iceland trip cost, mainly for rooms and the car.

November to March, outside the Christmas and New Year weeks, brings lower prices for rooms and cars, which cuts the Iceland trip cost. These months also give long, dark nights for the Northern Lights. Days are short, though, with only 4 to 6 hours of daylight in December. Pack warm clothes and plan shorter drives each day.

Yes, Iceland ranks among the costlier places in Europe. Most food and goods arrive by ship or air, which adds to prices. A café meal, a night in a hotel and a litre of fuel all cost more than in much of mainland Europe. Cooking some meals and staying in guesthouses brings the Iceland trip cost down.

You need very little cash. Shops, restaurants, fuel stations and even small parking machines take cards. Carry a card with low foreign exchange charges, and tell your bank before you travel. Keep a small amount of Icelandic krona for rare cases, such as a farm stall that does not take cards.

Show More Show Less

Related articles

Article 1

Places to visit in Turkey

Jul 14, 2026

Read More

 Article 2

Places to Visit in Seoul

Apr 30, 2026

Read More

 Article 3

Best Season to Visit Nepal

Oct 08, 2026

Read More

 Article 4

Why Should You Use Bajaj Finance Personal Loan to Finance Your Next Vacation?

Oct 30, 2026

Read More

You are here

Related Links

Disclaimer

Bajaj Finance Limited has the sole and absolute discretion, without assigning any reason to accept or reject any application. Terms and conditions apply*.
For customer support, call Personal Loan IVR: 7757 000 000