Personal loan for travel
Planning a grand family holiday or an exotic vacation is easier with a travel loan. Whether you need funds for tour packages, hotel stays, or flight tickets, a personal loan for travel helps cover expenses without financial stress. It offers flexibility, competitive interest rates, and easy repayment terms.
With Bajaj Finance, you can get up to Rs. 55 lakh to finance your trip. Approval takes just 5 minutes, thanks to simple eligibility criteria. Once you submit the required documents, you can receive funds in your bank account within 24 hours of verification. A travel loan ensures a quick and hassle-free way to turn your dream vacation into reality.
Features and benefits of travel loan
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Instant approval
Apply online and get approval in 5 minutes* thanks to simple eligibility criteria.
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Finance in 24 hours*
Obtain money in bank within a day of your loan being approved and documents verified.
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Flexible borrowing
Withdraw funds on the go as you travel, and prepay them when you can for free with our Flexi loan facility.
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Share a few basic KYC and income documents to prove your eligibility and avail of funding.
Minimal documentation
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Finance up to Rs. 55 lakh
Enjoy ample funding for hotel accommodation, flight bookings, tour packages, and more.
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Pre-approved travel loan
Avail of pre-approved offers on your personal loan to get quicker access to travel finance.
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Digital loan account
Log in to your online account to pay EMIs, view future payments, make prepayments, download statements, and more.
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Long tenor
Repay your loan over a period of up to 96 months, per your post-travel budget.
What are the things you should consider before applying for a travel loan?
Before applying for a travel loan, consider the following:
- Loan amount: Estimate your travel expenses and borrow only what you need.
- Interest rates: Compare rates to ensure affordability.
- Repayment tenure: Choose a tenure that aligns with your financial capacity.
- Hidden charges: Check for processing fees or prepayment penalties.
- Eligibility: Verify the lender's eligibility criteria to avoid rejections.
- Credit score: A good credit score improves approval chances and offers better interest rates.
Plan your finances wisely to make the most of your travel loan without financial strain.
Travel loan - Eligibility criteria
Our personal loan for travel can be easily availed across the top Indian cities by salaried professionals. For more city-specific information, you can view the eligibility criteria for personal loan. Keep your KYC and income documents like bank statements and salary slips handy for swift loan approval and verification. Considering your income and fixed obligations, use our Personal Loan Eligibility Calculator for a quick estimate of how much you can borrow.
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Nationality
Indian
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Age
21 years to 80 years*
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CIBIL score
Must have a Credit Score of 685 or higherMust have a Credit Score of 685 or higher
Documents required for a personal loan for travel
To apply for a travel loan, you need the following:
- KYC documents: Aadhaar/ passport/ voter’s ID/ driving license/ Letter of National Population Register/ NREGA job card
- PAN card
- Employee ID card
- Salary slips of the last 3 months
- Bank account statements of the previous 3 months
- Piped gas bill
- Pension order
- Letter of Allotment of Accommodation Issued by Employer
- Property / Municipal tax receipt
- Utility bill
For more details, check the complete list of documents required for a personal loan. Ensure all documents are valid and updated for a smooth approval process.
Interest rates & charges on a travel loan
We offer attractive personal loan interest rates so you can travel in style and keep your EMIs within budget. Moreover, we are committed to being 100% transparent and levying zero hidden charges. You can use our tool to calculate loan interest based on the interest rate, tenure, and loan amount to ensure the loan fits your repayment budget.
How to apply for a personal loan for travel?
Applying for a personal loan is simple and hassle-free, allowing you to fund your travel plans conveniently. Whether it's for flights, accommodation, or tour packages, this loan ensures quick approval and disbursal. Start your application for a personal loan today.
- 1 Click on APPLY ONLINE to open our easy online application form
- 2 Share your phone number and authenticate your profile with an OTP
- 3 Fill in your basic KYC, income, and employment details
- 4 Upload the required documents and submit the form online
Once you complete your application, our representative will connect with you to further the process.
*Conditions apply
Frequently asked questions
A personal loan for travel allows borrowers to cover the expenses required for vacations. Since personal loans come with no end-use restrictions, one can use this credit option for a wide range of requirements, including financing a luxurious trip.
Yes, individuals can avail of a personal loan to fund a trip abroad. However, one must remember that they can take the travel loan only if they have the financial capacity to repay on time.
Individuals applying for an unsecured personal loan for travel can enjoy a host of benefits, including:
- Instant loan approval
- Quick availability of funds
- Minimal documentation
- No need to provide a collateral
- Easy and flexible repayment process and more
So, availing of a personal loan can be an excellent option to fund a vacation.
A personal loan for travel is disbursed directly to your bank account after approval. The process is quick, usually requiring minimal documentation, and the funds can be used immediately for travel expenses like tickets, accommodation, or activities.
A personal loan for travel provides you with funds to cover trip-related expenses. You apply for the loan, receive the amount upon approval, and repay it in easy instalments over a specified tenure with added interest.
You can get a travel loan of up to Rs 55 lakh from Bajaj Finserv.
The EMI depends on the interest rate, loan amount, and tenure.
The tenure for the loan depends on the lender’s terms and eligibility. With a Bajaj Finserv Personal Loan, you can choose a repayment tenure of up to 96 months.
The interest rate on a travel loan starts at 10%, making it an affordable way to finance your trip. Enjoy quick approval, flexible terms, and hassle-free processing for your vacation.
