Avail Instant Personal Loans ✓ Loan up to 50 Lakhs ✓ Quick Disbursal ✓ Minimum Documentation! Apply Now

Do you want to travel the world but feel held back by other expenses? Why not take a personal loan for travel? A travel loan, available on Bajaj Markets, can help you take that long-awaited trip to your dream destination almost immediately. With benefits such as flexible repayment tenures, competitive interest rates, and minimal processing fees, you can plan your dream vacation without worrying too much about loan repayment.

Compare Travel Loan Interest Rates and Fees

Our Partners
sort list
Minimum Interest Rate
sort list
Maximum Loan Amount
sort list
Maximum Loan Tenure
sort list
Image

Bajaj Finance Limited

10% p.a.

₹35 Lakhs

96 months

4.7
Image

CASHe

2.79% p.m.

₹4 Lakhs

18 months

4.4
Image

Federal Bank

11% p.a.

₹5 Lakhs

48 months

4
Image

Fibe

14% p.a.

₹5 Lakhs

36 months

4
Image

Finnable

15.95% p.a.

₹10 Lakhs

60 months

4
Image

IIFL Finance

18% p.a.

₹5 Lakhs

42 months

4.1
Image

InCred

16% p.a.

₹10 Lakhs

60 months

4.3
Image

Kissht

14% p.a.

₹4 Lakhs

24 months

4.2
Image

Kotak Mahindra Bank

10.99% p.a.

₹40 Lakhs

72 months

4.2
Image

KreditBee

15% p.a.

₹5 Lakhs

24 months

4.1
Image

L&T Finance

12% p.a.

₹7 Lakhs

48 months

4.6
Image

moneyview

1.33% p.m.

₹10 Lakhs

60 months

4.2
Image

mPokket

24% p.a.

₹45,000

90 days

4.1
Image

Muthoot Finance

14.50% p.a.

₹15 Lakhs

60 months

4
Image

Olyv

18% p.a.

₹1 Lakh

12 months

4.1
Image

PaySense Partners

15% p.a.

₹5 Lakhs

60 months

4.3
Image

Privo

9.99% p.a.

₹5 Lakhs

60 months

4.5
Image

SMFG India Credit

12% p.a.

₹25 Lakhs

60 months

4.2
Image

Upwards

1.5% p.m.

₹5 Lakhs

36 months

4.3
Image

YES BANK

10.99% p.a.

₹50 Lakhs

72 months

4.2
Image

Zype

18% p.a.

₹3 Lakhs

12 months

4
View More

Features and Benefits of Travel Loan

High Loan Amount Available

You can avail up to ₹50 Lakhs as a travel loan to fund the vacation of your dreams. The final amount will, however, depend on credit score, your income and overall creditworthiness and the maximum amou Read Morent the institution is willing to lend. Read Less

Low Interest Rates

You can get a travel loan at interest rates starting at just 9.99% per annum through Bajaj Markets, so there is no need to worry about high EMI payments after you return.

Completely Online Process

You can avail a travel loan from your home through either the Bajaj Markets app or the website by just following a few simple steps. The process would hardly take a few minutes in its totality. Once Read Moreyour application is approved, the money will reach your account within a few hours. Read Less

Collateral-Free

You do not need to offer any of your valuable possessions as collateral for a travel loan.

Flexible Repayment tenures

You can repay your travel loan over a time frame of 8 years so that your budget remains undisturbed.

Minimal Foreclosure Charges

If you want to pay off your travel loan before the repayment tenure ends, that can be done by you for a very minimal charge.

Balance Top-up Facilities

If you plan on extending your vacation and need more money to tick off everything on your travel itinerary, you can always take a balance top-up. Such facilities are provided to borrowers at the discre Read Moretion of the lender. Read Less

Eligibility Criteria for Travel Loan

You need to satisfy the below-mentioned eligibility criteria to avail of a personal loan for travel:

  • You should be an Indian national

  • You must be at least 21 years of age at the time of applying

  • You must have a CIBIL score of 750 or more

  • You must be earning a minimum of ₹15,000 per month

Documents Required for Travel Loan

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

  • Identity Proof: Voter’s ID/Aadhaar Card.Passport/Driving Licence/PAN Card.

  • Address Proof: Your Passport/Driving Licence/Rental Agreement/Aadhaar Card.
  • If you are a salaried applicant, you must submit your bank account statements or salary slips of the past 6 months.
  • If you are a self-employed applicant, you must submit your Income Tax (IT) returns for the last 2 years.

Travel Loan EMI Calculator

Loan Amount
Tenure
Months
Rate of Interest
Loan
Your Monthly Loan EMI
Principal Amount
Total Interest
Total Amount Payable
Amortization Schedule
Download Amortization Schedule Download
Expand Amortization Schedule
Year EMI Principal Interest Balance

Things to Consider before Applying for Travel Loan

You should be mindful of the following things before availing a loan for travel:

Decide your destination

It goes without saying that a successful vacation is determined by your destination choice.  Once you decide your destination, the planning process will become easier.

Check your existing funds balance

Assess the funds that you currently have at your disposal. This will help you decide the amount you should get as the travel loan.

Set a budget

It goes without saying that it would be prudent on your part to allocate a budget to your travel plans before actually planning it. You take the likes of accommodation costs, food costs, sightseeing costs and shopping expenses into account, among others.

Prepare an itinerary

Draw up a rough schedule of your trip, even if you love to travel spontaneously. A schedule like that will remind you of all the experiences you plan on having so that you come back home rejuvenated and satisfied.

Read More

How to Apply for Travel Loan

To apply for an instant travel loan, follow the below-mentioned steps

  • Click on Apply Now
  • Choose your preferred loan amount from one of our lending partners. The maximum amount you can avail will depend on your eligibility. Post that, select your loan repayment tenure.
  • Next, submit all the required documents for verification.

 

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.

FAQs on Travel Loan

What is a travel loan?

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

Can I get a loan to travel?

Yes. As long as you are an Indian national, at least 21 years old, have a credit score of 750 or above and are earning an income of ₹15,000 per month at least, you can get a travel loan.

Are there any restrictions on how a travel loan amount is spent?

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

How long do I have to wait for the travel loan money to be credited into my account?

Once your travel loan application is approved, you can expect for the loan amount to be credited into your account within three days.

What are the repayment modes available for travel loans?

You can either pay your travel loan through a cheque, cash or netbanking. You can also set up standing instructions, which means that you can allow the bank or NBFC to automatically debit the equated monthly instalment (EMI) on the due date.

What is the repayment tenure for a travel loan?

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

What is the interest rate for a travel loan?

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

What are the benefits of a vacation loan?

The main benefit of a vacation loan 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.

How much loan can I take for travel?

You can take a travel loan of up to ₹50 Lakhs.

Home
active_tab
Loan Offer
active_tab
CIBIL Score
active_tab
Download App
active_tab