Everybody aspires to go on their dream vacation and unwind themselves from the stress of everyday life. Whether traveling solo or with family, it is absolutely essential that you enjoy it to the fullest. With a host of borrowing options available in the market, gone are the days when you had to save for years to go on a vacation. A personal loan can help you fulfill all your holiday dreams!
Why you should opt for a personal loan for going on that dream vacation?
A personal for travel is quick, easy, hassle-free and requires minimal documentation. What’ more? The entire application process is online with your loan getting approved in a span of minutes! All you have to do is, upload your bank account statement, PAN card and an identity proof which can be either your Passport/Aadhar card/Driving license. Once approved, your loan will be disbursed within 24 hours directly to your bank account.
With a personal loan, the only thing you need to think about is whether you want to enjoy the backwaters of Kerala or bask in the calmness of mountains. No need to worry about any collateral. A personal loan is essentially an unsecured loan and does not require any collateral or guarantor as a part of the approval process.
While you are busy looking for an ideal place to stay and places to visit in your dream destination, you need not stress about the loan repayments. Personal loans from Finserv MARKETS, offer you the option of flexible tenures where-in, you can customize your loan repayment schedules basis your repayment capacity.
One might contest the usage of credit card for vacation expenses as opposed to a personal loan. Before doing that, you must remember that interest rates for credit cards can be as high as 24 to 36% per annum as compared to personal loans that start from 13%. Using a personal loan to plan your vacation can lead to a lot of savings as compared to a credit card.
Features of a Personal Loan
- Applying for a personal loan is quick, easy and hassle-free and the same is disbursed within 24 hours post-approval
- Once you fulfil the eligibility criteria, the loan application gets approved within 3 minutes.
- As a citizen of India, if you are a salaried person within the age limit of 23-58, you are eligible to avail a personal loan.
- You can apply for the loan just by filling the application form and providing your loan amount and tenure.
- There are no hidden charges or fees and you can access all your documents just by logging in to the dedicated customer portal
While planning your dream vacation, you might need to arrange for adequate funds for your itinerary which could be for travel tickets, accommodation, visa or for shopping. With a personal loan, that could be a hassle-free part of your holiday planning. Avail the various facilities of a Bajaj Finserv Personal Loan with Finserv MARKETS and let us help you find the perfect holiday, for you and your family!
Check the list of holidays in February 2020 only at Finserv MARKETS!
How to avail a Personal Loan for Travel?
To avail a personal loan for travel you first need to check whether you’re eligible for the same. You can apply for Bajaj Finserv Personal Loan for travel and fulfill our easy eligibility criteria. The following are the requirements to fulfill the personal loan eligibility criteria.
Travel Loan Eligibility Criteria
- You need to be a citizen of India
- You must be a salaried employee to be eligible for a loan
- You should be in the age range of 23 -58 years to avail this loan.
Documents required for Personal Loan for Travel
You need not worry about the tedious documentation process while you avail a loan for your holidays. With us, you can easily finance your vacation and manage your travel expenses. Here are a few documents required for a personal loan.
- Your proof of identity which could be either of these – Aadhaar card, driving license or passport.
- Your PAN card
- Bank account statement for the last 3 months.
Be assured that even if we ask you for any additional documents, all of this would only make your loan approval process easier and faster.
How to Apply for a Travel Loan?
You can easily apply online for a travel loan by following the steps given below:
- Fill in the online loan application with your personal, financial and employment details
- Select the loan amount required, the tenure you want to avail the loan for
- Upload the documents for verification and validation.
- Once the application gets approved, the amount will get disbursed in your registered bank account within 24 hours.
If you are looking to buy a travel insurance we have listed down factors to consider before in our article- Factors to Consider Before Buying a Travel Insurance Plan
“Finserv MARKETS, from the house of Bajaj Finserv is an exclusive online supermarket for all your personal and financial needs. Loans, Insurance, Investment and an exclusive EMI store, all under one roof – anytime, anywhere!”