Imagine the sitting on the beachside enjoying the waves and exploring a whole new place. Taking morning walks in the local market, celebrating culture, architecture, different cuisine or shopping from the local market. Sounds great right? It’s time to turn your dream vacation into a reality without any financial constraints. Wondering how? A Prime Personal Loan (Prime PL) for travel can turn all your dreams into reality. Want to know more? Check out this blog and understand what a travel loan or Prime Personal Loan for travel is, its benefits, eligibility and how to secure one for yourself. Let’s dive in!
What is a Travel or Prime Personal Loan?
A travel loan or a Prime Personal Loan for travel is an unsecured
financial solution tailored exclusively for the salaried individuals
with stable incomes and strong credit profiles. This loan lets you
finance you travel related expenses, such as flight, accommodation,
and other related expenses.
Why Prime Personal Loan is the Right
Choice for Your Dream Vacation

Here are some features you must understand to opt for a travel loan:
● No Collateral Required
The travel
loan does not require any collateral, which allows you to travel
stress-free without risking your savings or valuable assets.
● Quick & Hassle-free Approval
With
minimal documentation and a fast approval process, the Prime
Personal Loan ensures you get the funds you need without delays. This
loan is available 24*7 and provide an end-to-end digital application
process.
● Attractive Interest Rate
The
loan comes at an attractive interest rate of 12.65%* p.a. which
makes the repayment more manageable and stress-free.
● Flexible Repayment Options
You can
enjoy the flexibility of choosing a repayment tenure that suits your
financial situation. Whether you prefer short-term or long-term EMIs
(up to 84 months), you can customise your repayment plan.
Eligibility Criteria for Prime PL for Travel
Getting a Prime PL for travel is simple. However, you must meet
the eligibility criteria of the lender. If you are looking for a
lender with simple eligibility criteria check out Poonawalla
Fincorp’s eligibility criteria of a travel loan below:
● Age Requirement: Your age should be between
23 and 58 years old at the time of loan application.
●
Citizenship: Only Indian citizens are eligible to apply
for this loan.
● Minimum Income: Your net
monthly income must be at least ₹22,000 per month.
●
Employment Status: You must be a full-time employee
working in a private or public limited company.
●
Work Experience: A minimum 6 months, with at least 1
month in the current company is required.
● CIBIL
Score: A good credit history and high CIBIL score are
essential for loan approval, as they reflect financial discipline and
repayment capability.
How to apply for Poonawalla Fincorp Prime PL?
Getting a Prime PL for travel from Poonawalla Fincorp is hassle-free, you just need to follow these 3 steps:
Step 1: Click on “Apply Now”
Tap the
Apply Now button to initiate your application.
Step2:
Enter Details
Enter your DOB, PAN card number, monthly
income, and residential details.
Step3: Upload
Documents
Upload the necessary documents for quicker approval.
On successful verification, the loan amount will be disbursed into your bank account instantly.
To Conclude
A Prime Personal Loan for travel is the perfect financial solution to turn your dream vacation into reality. With no collateral requirement, hassle-free approval, and flexible repayment options, this loan allows salaried individuals to explore new destinations without financial worries. By meeting simple eligibility criteria and choosing a trusted lender like Poonawalla Fincorp, you can enjoy a stress-free travel experience while managing expenses efficiently. So, start planning your journey today and make unforgettable memories with the financial freedom you deserve with Poonawalla Fincorp’s Prime Personal Loan!