Online Personal Loan to Plan a Dream Vacation
Want to go on a dream vacation with your family but falling short on funds? Worry no more. With Poonawalla Fincorp’s Personal Loan for Travel, you can avail a loan of up to ₹50 Lakh and fulfil your travel dreams without any worries. From booking flight tickets and hotel accommodations to shopping and paying for food and transportation, you can use these funds for all your travel-related expenses.
What’s more? Our Personal Loan for Travel is collateral-free and comes with some great features and advantages such as simple eligibility criteria, easy to apply, instant approval, attractive interest rates, flexible loan repayment tenure option, and no hidden charges. So, keep your worries aside and apply now with us for an unsecured travel loan.
Why opt for a Personal Loan for Travel?
An overseas trip requires a lot of research and financial planning. No matter how tightly you plan your budget, your outlays may easily run into several lakhs of rupees. Various expenses such as the cost of flight tickets, hotel bookings, transportation, food, travel insurance, cell phone bills, and visa application fees may add up to form a hefty amount which may seem overwhelming.
By taking out a Personal Loan for Travel, you can meet these costs even if you don’t have the required funds in your savings bank account. Moreover, you can pay back the loan in equated monthly instalments (EMIs) over a tenure of up to 60 months. You can also know your EMIs beforehand by using our Personal Loan EMI calculator and plan your repayment accordingly.
Features and Benefits of a Personal Loan for Travel
At Poonawalla Fincorp, we provide quick and hassle-free financing to help you turn your long-awaited travel dream into reality. Our Personal Loan for vacation is designed to ensure the best borrowing experience so that you can enjoy your trip to the fullest.
The following are some significant benefits of our Personal Loan for Travel:
- Easy online process
- High loan amount
- Quick approval and instant disbursal
- Attractive rate of interest
- Minimal paperwork required
- Flexible repayment tenure option
- No hidden costs
- No collateral required
Eligibility Criteria for a Personal Loan for Travel
Our goal is to ensure that the lack of finances should never hold you back from fulfilling your aspirations. That is why we provide Personal Loans for travel with very basic eligibility requirements.
The parameters that help in determining our eligibility criteria for Personal Loans for Travel are outlined below:
- Work Experience
- Monthly Income
- Employer Category
In addition to this, a good credit score can also help you qualify for a Personal Loan for Travel easily. Please remember this list in indicative in nature and it may change during loan processing based on Poonawalla Fincorp’s internal policy.
Documents Required for a Personal Loan for Travel
With minimal paperwork, we make sure that you don’t have to wait too long to start planning your dream vacation.
Below are the required documents for our Personal Loan for Travel:
- KYC documents
- Address proof
- Employment proof
- Income documents
- Financial documents
Do note that the list mentioned above is indicative. During the processing of the loan, more documentation may be required.
Personal Loan for Travel is offered to:
- Salaried individuals
- Working professionals such as Chartered Accountants, Doctors, and Company Secretaries
Frequently Asked Questions on Travel Personal Loans
What is a Personal Loan for Travel?
A Personal Loan for Travel, also known as a travel loan, is a special type of loan that is taken to fund a holiday or travel-related expenses. These loans come with no collateral and are usually availed to tackle the hefty costs related to an overseas trip.
How to check if I am eligible for a travel loan or not?
At Poonawalla Fincorp, we provide Personal Loans for Travel with simple eligibility criteria and minimum documentation. To know if you are eligible or not, you can simply visit our official webpage and check our eligibility criteria for Personal Loans for Travel.
What is the procedure for getting a Personal Loan for Travel?
You can apply for a travel loan with us quickly and conveniently. All you are required to do is to follow the steps mentioned below:
- Step 1 – Click on “Apply Now” on our website
- Step 2 – Enter your basic details and upload the KYC documents
- Step 3 – Await application assessment
- Step 4 – Receive confirmation of your loan approval
- Step 5 – Get the loan amount in your bank account
What are the interest rates and applicable charges for Personal Loans for Travel?
At Poonawalla Fincorp, we provide Personal Loans for Travel at the most competitive interest rate. Additionally, a nominal processing fee of upto 2% plus taxes of the loan amount is applicable.
How can I calculate the EMIs for my travel loan?
You can use our Personal Loan EMI calculator to determine your EMIs. Just follow the steps mentioned below:
- Step 1 – Visit our Personal Loan EMI calculator page Click Here
- Step 2 – Enter your loan amount, tenure, and interest rate in the space provided
- Step 3 – Click on “Check Repayment Schedule”