Travel loan interest rates

It is essential to understand how interest rates can impact the overall cost of your travel loan.
Travel loan interest rates
5 min read
14 February 2024

Travelling can be a fulfilling experience, but the costs involved can often be daunting. To overcome this financial hurdle, many people turn to travel loans to fund their trips. However, before jumping into a loan agreement, it is essential to understand how interest rates can impact the overall cost of your travel loan.

Travel loan interest rates can vary widely depending on the lender, the loan amount, and the borrower's creditworthiness. The actual rate that you receive will depend on factors such as your credit score, income level, and the loan amount.

If you go over-budget on your travels or need funds to manage sudden expenses, our Insta Personal Loan can be a great option. We provide pre-approved offers to existing customers while new customers can generate a pre-assigned limit for themselves. All you need is a mobile number and OTP to check your offer. Since these are pre-approved, you do not need to check your CIBIL Score. The interest rates can range between 13% and 38% p.a.

Here is how you can check your Insta Personal Loan offer

  1. Click on ‘CHECK OFFER’.
  2. Enter your 10-digit mobile number and OTP.
  3. Once successfully verified, your pre-approved personal loan offer details will be displayed on your screen.
  4. Go with the pre-assigned limit or choose a different loan amount.
  5. Choose a repayment tenure that suits you best.
  6. Click on ‘PROCEED’ to complete the online process.

The online process may differ depending on whether you are a new customer or have an existing relationship with us. Select customers may be able to get the funds they need without having to submit any documents.

How does a personal loan for travel work?

A personal loan for travel works by providing you with a lump-sum amount that you can use to fund your travel expenses. You repay the loan in fixed monthly installments over a predetermined period. In the case of our Insta Personal Loan, you can repay the loan over a tenure ranging from 6 months to 63 months.

A lower interest rate can significantly reduce the overall cost of your travel loan, making it more affordable in the long run. Conversely, a higher interest rate can result in higher monthly payments and a higher total repayment amount. Maintaining a good credit score and a stable income can help you qualify for lower interest rates.


While care is taken to update the information, products, and services included in or available on our website and related platforms/ websites, there may be inadvertent inaccuracies or typographical errors or delays in updating the information. The material contained in this site, and on associated web pages, is for reference and general information purpose and the details mentioned in the respective product/ service document shall prevail in case of any inconsistency. Subscribers and users should seek professional advice before acting on the basis of the information contained herein. Please take an informed decision with respect to any product or service after going through the relevant product/ service document and applicable terms and conditions. In case any inconsistencies are observed, please click on reach us.

*Terms and conditions apply