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How a Travel Loan can Help You Expand Your Horizons

By Finserv MARKETS - Dec 30,2019
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With increasing incomes and the desire for new experiences, people today are traveling more than ever. This fact is particularly true for Indians, with a report by the UN World Tourism Organisation stating that as many as 50 million Indian tourists traveled abroad in 2019.

And Indians today aren’t just looking for budget holidays, but are willing to shell out good money for their travel experience too. A survey by Yatra.com revealed that over 30% of respondents said that they are willing to pay more than Rs. 50,000 on their travel expenses. The figure is considerably higher than it was just a few years ago.

A large part of this can be understood by the fact that availing travel loans has become increasingly simpler and more convenient. In particular, with all your documents in place, the personal loan for travel available on Finserv MARKETS gets approved in three minutes flat and borrowers can receive the amount in less than 24 hours.

Travel loans as efficient as this are helping Indians travel easier, expand their horizons and discover more about the world. If availing a travel loan sounds like an interesting option to you too, it is worth exploring some of the ways in which they are perfect for every travel bug:

1. You can travel to any location of your choice:

If you’ve had a destination in your must-visit list for a long time, but are hesitating to start planning due to the finances, a travel loan can take care of that worry for you. The travel loan is available on Finserv MARKETS with loan amounts of upto Rs. 25 lakhs. You can avail the loan amount with zero collateral and utilise it to pay for all your travel-related expenses. These include everything from flight tickets and accommodations to food and entertainment.

travel loan

Source: RuLoans

2. You can travel carefree:

Availing a travel loan might be convenient, but travelers might be tempted to wonder: would I be able to pay it back? After all, you wouldn’t want to ruin a great travel experience with worries hanging over your head. Rest assured, personal loans for travel such as the one found on Finserv MARKETS, offer you the option to choose the repayment tenure of your choice. You can pay your loan back in good time for a period ranging anywhere between 12 months to 60 months.

3. You can get unlimited withdrawals on your loan amount:

Travel loans are meant to fund your travel and make the most of new experiences. However, some travel loans offer borrowers an extra feature that lets them utilise their loan amount whenever and however they desire.

For instance, the Hybrid Flexi loan on Finserv MARKETS can offer you the option of unlimited withdrawals from your loan amount, no matter where you are. So, if during your trip, you find yourself tempted to shop or add another pit stop to explore, you can achieve that with this type of personal loan for travel. That is because the Hybrid Flexi loan offers withdrawals without any limit, as many times as you need and without the hassle of filling out any forms.

4. You can make last-minute plans:

Spending months planning for your next trip can be exciting in its own way. But some would strongly suggest that spontaneous travel has its own charm and make some of the best memories. So, as long as you have a destination in mind, the personal loan for travel on Finserv MARKETS can help you get there in no time.

That is because availing this travel loan is quicker and more convenient than most loan application processes out there. On Finserv MARKETS, the entire loan application process is online and you need to file minimal documentation. You can get loan approval in three minutes flat and even receive the loan amount in your account in under 24 hours. Just like that, exploring the world and traveling to new destinations becomes much quicker and more efficient.

So, the next time you want to step out and expand your horizons by traveling to locations, remember that there is no need to hesitate. With the quick, convenient and flexible personal loan for travel available on Finserv MARKETS, you can check off multiple destinations from your travel wishlist. With competitive interest rates and the trust of over 100 million customers in India, the travel loan on Finserv MARKETS is truly one of the best in the market.

Finserv MARKETS, a subsidiary of Bajaj Finserv, is a one-stop digital marketplace that has been created for consumers on the go. It offers 500+ financial and lifestyle products, all at one place. At Finserv MARKETS, we understand that every individual is different. And that’s why we have invested in creating a proposition – Offers You Value. A value proposition that ensures you get offers which are tailor made for you. We also offer an amazing product range and unique set of online offers across Loans, Insurance, Investment, Payments and an exclusive EMI store. Be it in helping you achieve your financial life goals or offering you the latest gadgets, we strive to offer what you are looking for. From simple and fast loan application processes to seamless and hassle-free claim-settlements, from no cost EMIs to 4 hours product delivery, we work towards fulfilling all your personal and financial needs. What’s more! Now enjoy the same benefits in just one click with our Finserv MARKETS App.

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Bajaj Finserv Direct Limited ("BFDL"), erstwhile Bajaj Financial Holdings Limited is a registered corporate agent of Bajaj Allianz Life Insurance Company Limited and Bajaj Allianz General Insurance Company Limited under the IRDAI composite registration number CA0551 valid till 10-Apr-2021. BFDL also renders services to Bajaj Finance Limited (‘BFL’) and Bajaj Housing Finance Limited (‘BHFL’) (referred hereinafter as ‘Lending Partner’) in sourcing of customers, providing preliminary credit support activities, fulfilment services and post-acquisition customer services related to lending business. Registered Office: Bajaj Auto Limited Complex, Mumbai – Pune Road, Akurdi, Pune – 411 035 CIN: U65923PN2014PLC150522