5.7cr+
Satisfied Customers
Wanderlust Ready
Make Your Dream Vacation a Reality
Don’t let finances delay your travel plans. Cover flight tickets, luxury stays, and international sightseeing expenses instantly.
65+
Lending Partners
Rs.65k Cr+
Loans Disbursed
Loan Details
Travel Personal Loan EMI Calculator
Calculate your EMI and total interest for a travel personal loan with flexible repayment options.
Instant Approval
No Hidden Charges
100% Digital Process
Representative Example:
Borrow ₹5,00,000 over 12 months at 9.99% APR. Total repayment: ₹5,27,467.42 with monthly EMIs of ₹43,955.62.
EMI Calculator
Select Your Bank
Enter Loan Amount
₹5,00,000
50K50L
9.99
8%30%
1
1Y10Y
Monthly EMI
₹43,955.62
Total Interest
₹27,467.42
What is a Travel Loan?
A travel loan is a specialized personal loan used to fund domestic or international vacations. It is an unsecured loan that covers expenses like airfare, accommodation, visa fees, and sightseeing.
Instead of paying a lump sum for your trip upfront, you can repay the amount in easy monthly EMIs. Tenures are flexible, typically ranging from 1 to 5 years, allowing you to travel now and pay later.
Standard eligibility criteria:
- Stable monthly income (Salaried/Self-employed)
- Credit Score (750+ preferred)
- Age between 21 and 60 years
- Minimum work experience (1-2 years)
Travel loans are often disbursed quickly, helping you lock in early-bird flight and hotel rates instantly.
Financial Guide
Travel Loan Interest Rates
Travel loan interest rates generally start from 10.99% p.a. Many lenders offer seasonal 'Holiday Loan' schemes with lower processing fees during peak travel months.
Smart Financing for Your Travels
A vacation should relieve stress, not create financial anxiety. Use these tips to fund your trip without lingering debt:
1
Personal Loan vs. Credit Card
Avoid using credit cards for large expenses like flights unless you can pay the full bill immediately. Personal loans (11-14%) are much cheaper than revolving credit card debt (36-42%).
2
The Early Bird Savings
Use the loan disbursement to book flights and hotels 3-4 months in advance. The savings on early bookings often offset the interest paid on the loan.
3
Keep Tenure Short
Don't drag a vacation loan for 5 years. Ideally, aim to repay the cost of a holiday within 12 to 24 months to avoid paying excessive interest on a leisure expense.
4
Include a Buffer
When calculating the loan amount, add a 10-15% buffer for unforeseen expenses like currency fluctuations, visa rejection fees, or emergency transfers.
5
Check for Travel Insurance
Some travel-specific personal loans come with complimentary travel insurance. Check the policy details to see if it covers medical emergencies abroad.
Travel Loan Eligibility
Check eligibility Unsecured personal loans customized for funding domestic or international vacations, covering flights, hotels, and other travel-related expenses.
Age Criteria: Typically between 21 to 60 years at the time of loan maturity.
Employment Type: Salaried employees in private/public sector or Self-employed professionals.
Minimum Income: Minimum net monthly income of ₹15,000 to ₹20,000.
Credit Score: A CIBIL score of 700+ is generally required for competitive interest rates.
Work Experience: Minimum 2 years of total experience, with at least 1 year in current organization.
Documents: Valid Passport (for international travel) and standard KYC documents.
Travel Loan Fees and Charges
Travel loans are essentially personal loans, so standard banking charges apply. Always factor these into your vacation budget:
| Particulars | Charges |
|---|---|
| Processing Fees | 1% to 2.5% of loan amount + GST |
| Foreclosure Charges | 2% to 4% of principal outstanding (Post lock-in) |
| Part-Payment Charges | Nil to 2% (Allowed by select lenders) |
| Penal Interest | 2% per month on overdue EMI |
| Duplicate NOC | ₹ 500 per instance |
Other fees and charges levied by the lenders include documentation charges, verification charges, duplicate statement charges and NOC certificate charges.
Explore the World on Your Terms
Whether it's a solo backpacking trip through Europe or a luxury family vacation in the Maldives, our travel loans ensure you don't compromise on your experiences. Cover flights, stays, and shopping with ease.
Key Features of Travel Loans
- 100% financing (No down payment required)
- Instant funds to lock in early-bird deals
- No usage restrictions (Flights, Visa, Shopping)
- Unsecured loan (No collateral needed)
- Repay comfortably over 12 to 60 months
- Quick digital approval process
Travel Loan vs Credit Card
Choosing the right funding source for your vacation can save you significant money. Here is how a travel loan stacks up against swiping your credit card.
| Travel Personal Loan | Credit Card |
|---|---|
| Lower Interest Rate (10.99% - 16%) | High Interest Rate (36% - 42% APR) |
| Structured Repayment (Fixed EMIs) | Revolving Debt (Risk of Minimum Due trap) |
| Longer Tenure (12 - 60 months) | Short Cycle (Interest-free for ~50 days) |
| Funds credited to Bank Account | Direct usage at merchants/portals |
| No impact on Credit Utilization Ratio | High usage lowers Credit Score |
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