Whether it’s a short trip to Dubai or a tour of Europe that you’re planning, for a memorable vacation, having sufficient funds is one of the key factors. While you can rely on your savings and income from investments, to avoid depleting these resources, you can seek assistance from a travel loan. Bajaj Finserv offers a tailored, collateral-free personal loan for travel. It offers access to a large sanction on flexible terms so that you can have the holiday you’ve always dreamt of.
Read on to know more about how you can finance a memorable vacation with this travel loan.
Avail a large, collateral-free sanction to tackle major expenses
When planning a holiday, you must budget for transportation, accommodation, food and activities, as these constitute a major portion of the expenses. These are often big-ticket spends too, especially if you are travelling abroad or checking-in to a luxury hotel. To illustrate, round trip flights to Singapore for a couple cost between Rs.37,000 and Rs.50,000 and the same for a trip to London cost over Rs.1 lakh, depending on the dates you choose.
To take care of these costs and ensure that you don’t compromise once you reach your destination, you need sufficient financing. Options like Bajaj Finserv Personal Loan for Travel come to your aid by offering up to Rs.25 lakh on a collateral-free basis.
Get a loan on simple terms and devote the most of your time to holiday planning
Chalking out an itinerary is one of the most important parts of holiday planning and requires your time and attention. While you may enjoy a tour of the destination’s historic monuments, your children may prefer jungle safaris and a trek. When you opt for a personal loan for travel, you can make arrangements for all such holiday activities instantly. As the loan eligibility terms are simple, you can qualify for it easily. All you need to do is meet the age and income-related criteria and support your mobile application with relevant KYC and financial documents.
Opt for flexi facilities to tailor your finances to your itinerary
Whether you’ve forgotten to account for foreign transaction fees, vaccinations and transit costs or want to add another destination to your holiday, having access to quick finance is crucial. When you choose a personal loan from Bajaj Finserv, you have the option of signing up for a flexi personal loan. This offering allows you to borrow from your sanction on the go and pay interest on the amount withdrawn only. Further, you can reduce your EMIs by up to 45% by paying interest-only instalments for a portion of the tenor. This facility offers a great deal of financial flexibility, making it perfect for unplanned holiday expenses.
Manage your post-holiday budget by repaying over a flexible tenor
For a personal loan for travel to be a viable solution, you must plan for its repayment too. In this regard, Bajaj Finserv offers you a flexible tenor spanning up to 60 months. This means that you can opt for a short tenor in order to limit your net interest payment or a long term to give your post-holiday monthly budget some breathing room. In either case, you can plan precisely using an EMI calculator. This tool factors in the travel loan interest rates as well as the tenor and principal amount to show you your EMIs and total payment due. You can then decide on loan parameters accordingly.
As a personal loan for travel from Bajaj Finserv checks all the boxes, why not use it to plan an unforgettable holiday for your family right away? To begin with, simply check your pre-approved offer from Bajaj Finserv. This facilitates quick approval through a customised deal and swift 24-hour disbursal.