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Travel Loan

Discover the features and benefits of a travel loan in India. Check out the interest rates, details, and eligibility criteria on Bajaj Markets and repay comfortably with pocket-friendly EMIs.

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Partners 20+
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Maximum Loan Tenure 8 Years
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Maximum Loan Amount ₹55 Lakhs

Do you want to travel the world but feel held back by other expenses? A personal loan for travel, available on Bajaj Markets, can help you take that long-awaited trip to your dream destination. 

With the loan, you can manage your trip cost and stick to your budget, and enjoy your vacation without financial stress. Enjoy benefits such as flexible repayment tenures, competitive interest rates, and minimal processing fees.

Why Consider Taking a Travel Loan

Planning an international trip is exciting, and a travel loan can make it even more enjoyable by taking the financial stress off your shoulders. With this loan, you can easily cover travel expenses, stay within your budget, and focus on creating memorable experiences.

It helps you manage the following costs effortlessly:

  • Flight Costs: A personal loan can cover airfare, helping you plan your trip with financial confidence

  • Accommodation: Secure your stay at hotels, resorts, or homestays with ease through upfront payments

  • Visa and Documentation Fees: Handle visa applications and permits smoothly with necessary fees covered

  • Travel Insurance: Protect yourself with travel insurance against medical emergencies and trip changes for a worry-free journey

  • Local Transportation: Easily manage expenses for taxis, rentals, or public transport while exploring

  • Food and Dining: Enjoy dining experiences in tourist areas without budget concerns

  • Sightseeing and Activities: Plan and book tours, tickets, and adventures in advance for a memorable trip

  • Shopping and Miscellaneous: Allow room for souvenirs, personal purchases, and other delightful extras

  • Preserve Your Savings: Use a travel loan to keep your savings intact while accessing funds quickly

  • Flexible Repayment: Spread trip costs into convenient monthly instalments through easy EMIs

Check and Compare Travel Personal Loan Interest Rates by Various Banks and NBFCs

Here are some tour loan offers from various partner lenders on Bajaj Markets:

Available Offerings Max. Loan Amount Starting Interest Rate Max. Tenure Processing Fee

Privo (Credit Saison) Personal Loan

₹5 Lakhs

9.99% p.a.

60 months

1% to 3% of the loan amount + GST

Bajaj Finance Personal Loan

₹55 Lakhs

10.00% p.a.

96 months

Up to 3.93% of the loan amount (Inclusive of taxes)

Kotak Mahindra Bank Personal Loan

₹40 Lakhs

10.99% p.a.

72 months

1.10% - 1.50% of the loan amount + GST

KreditBee Personal Loan

₹10 Lakhs

12.00% p.a.

60 months

Up to 5.1% + GST

L&T Finance Personal Loan

₹15 Lakhs

12.00% p.a.

48 months

Up to 3% of the loan amount + GST

Freo (formerly MoneyTap) Personal Loan

₹5 Lakhs

12.00% p.a.

36 months

1% onwards

SMFG India Credit Personal Loan

₹25 Lakhs

12.00% p.a.

60 months

0% to 6% of the loan amount

YES BANK Personal Loan

₹50 Lakhs

12.50% p.a.

72 months

1.15% to 2.75% of the loan amount

Federal Bank Personal Loan

₹5 Lakhs

12.75% p.a.

48 months

2% to 3% of the loan amount + 18% GST

Aditya Birla Capital Personal Loan

₹7 Lakhs

13.50% p.a.

60 months

Up to 4% of the loan amount + GST

Fibe Personal Loan

₹5 Lakhs

14.00% p.a.

36 months

Up to 2% of the loan amount

Kissht Personal Loan

₹4 Lakhs

14.00% p.a.

24 months

3% to 5% of the loan amount

PaySense Personal Loan

₹5 Lakhs

14.00% p.a.

60 months

2% to 2.5% of the loan amount + GST or ₹500 + GST (whichever is higher)

Muthoot Finance Personal Loan

₹10 Lakhs

14.50% p.a.

60 months

2% to 4% of the loan amount

Finnable Personal Loan

₹10 Lakhs

15.95% p.a.

60 months

Up to 3% of the loan amount

InCred Personal Loan

₹10 Lakhs

16.00% p.a.

60 months

2% to 5% of the sanctioned amount

Piramal Finance Personal Loan

₹6 Lakhs

17.25% p.a.

60 months

1.50% to 4.50% of the loan amount

Olyv Personal Loan

₹1 Lakh

18.00% p.a.

12 months

2% to 12% of the loan amount

IIFL Finance Personal Loan

₹5 Lakhs

18.00% p.a.

42 months

2% to 6% of the loan amount + GST

Upwards Personal Loan

₹5 Lakhs

18.00% p.a.

36 months

Up to 4% of the loan amount

Zype Personal Loan

₹5 Lakhs

18.00% p.a.

12 months

2% to 6% of the loan amount

mPokket Personal Loan

₹45,000

24.00% p.a.

90 days

₹50 to ₹200 + 18% GST (maximum APR of 48%)

Moneyview Personal Loan

₹10 Lakhs

1.33% p.m.

60 months

Starts from 2% of the approved loan amount

CASHe (Bhanix Finance) Personal Loan

₹3 Lakhs

2.79% p.m.

18 months

Up to 5.5% of the loan amount + GST

Disclaimer: The above-mentioned information is subject to change at the lender’s discretion.

Travel Destination Ideas Based on Your Budget

Choosing the right travel destination largely depends on your budget. Whether you are planning an economical trip, a mid-range holiday, or a luxury vacation, numerous options are available worldwide. With thoughtful planning, you can enjoy memorable experiences while maintaining financial stability.

Eligibility Criteria for a Travel Loan

You need to satisfy the following eligibility criteria to get a personal loan for travel:

  • You need to be an Indian citizen

  • You can either be a salaried or self-employed individual 

  • You need to be at least 18 years of age at the time of applying

  • You need to have a CIBIL score of 685 or more

  • You need to have a minimum work experience of at least 6 months 

  • ₹9,000 per month is the minimum income criteria

Documents Required for a Travel Loan

To get a personal loan for travel purposes, you will need the following personal loan documents:

Document Type Acceptable Documents

Proof of Identity

PAN/Aadhaar Card, Passport, Voter ID and driving license

Proof of Residence

Voter ID, Aadhaar Card, Passport, Driving License, Electricity bill and/or telephone bill

Proof of Income

Bank statement(s) or salary slips going back 3 months

Photographs

2 passport-size photographs

How to Apply for a Personal Loan for Travel

To apply for an instant travel loan, you can follow these steps:

  1. Click on the ’Apply For Loan’ button on this page

  2. Choose your profession from the dropdown

  3. Enter mobile number and PIN code

  4. Accept the terms and conditions

  5. Click on ‘Proceed’

  6. Now, enter or choose the following details as required:

  •  PAN

  • Name as per PAN card

  • Date of birth,

  • Net monthly salary.

  • Employer category,

  • Employer/company name

  • Email ID

  • Gender

  • Salary credit mode (Bank or Cash)

  1. Click on ‘Submit’

  2. You will get offers as per your eligibility

  3. Choose the preferred option

  1. Fill in additional details as requested

Once your travel loan application is approved, the amount will be credited into your bank account within a few days.

Disclaimer

Reference of all T&C necessarily refers to the terms of the Partners as regards to pre-approved offers and loan processing time amongst other conditions.

Frequently Asked Questions

What is a travel loan?

A travel loan is a form of unsecured credit that helps you take care of the expenses you plan on incurring on your dream vacation.

Yes. You need to be an Indian citizen, at least 18 years old, have a credit score of 685 or above, and earn an income of ₹9,000 per month, at least.

Since a travel loan is basically a regular personal loan, you can use it for any other purpose other than travel. You can also use the money to buy your favourite gadget, renovate your home or even pay unexpected medical bills. 

Once your travel loan application is approved, you can expect the loan amount to be credited into your account within a few minutes to 24 hours.

You can either pay your travel loan through a cheque, cash, or net banking. You can also set up standing instructions to automatically debit the equated monthly instalment (EMI) on the due date.

The loan repayment tenure for your travel loan can go up to 8 years.

The travel loan interest rate on Bajaj Markets starts at 9.99% p.a. 

The main benefit of vacation loans is that you can plan your trip without worrying about the expenses attached to it. The other benefits of a travel loan are that they can be availed at competitive interest rates and be paid off over 8 years.

You can take a travel loan of up to ₹55 Lakhs through lenders available on Bajaj Markets. Lenders on this platform offer competitive interest rates, flexible repayment options, and other benefits.

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