Travel Loan
Enjoy your trip with an instant travel loan
Have you planned for any trip or still waiting for the ticket booking just because of cash shortage, then, a travel loan is instantly available with competitive interest, instant approval and minimal documentation. Our easily available personal loan has multiple distinct features that make you comfortable weather while travelling or planning for travel. If you are still waiting for the fund arrangement, go to the application page and apply for the travel loan with all the details and documents. It is available for instant approval and fast disbursal without any hidden charges and collaterals. So, let’s go for travel with ease because our personal loan for travel is always there for your instant financial assistance.
Why Choose BunnyFin for a Travel Loan
A travel loan is required when you need cash for urgent needs where you might be travelling and have a cash crunch, and choosing BunnyFin is a fair decision because our loan has multiple distinct features.
The personal loan for travel has wider accessibility with all-time availability where you can apply for the loan without any documents. So, choosing a personal loan will help you manage the cash in a few minutes with competitive interest and flexible repayment tenure.
Beneficial features that make it the best holiday loan
Hassle Free Application
Once the application process becomes easy, it imparts an everlasting impression. Let’s explore the best way of application process in an extremely easy way.
Online Documentation
It’s beyond the traditional methods and helps you proceed with the loan without submitting any physical documents therefore there is minimal documentation.
Quick Disbursement
While travelling you don’t have to wait longer for the approval and disbursal of the loan, especially when you adhere to the eligibility criteria. Hence, there are fast disbursements.
Transparency in Fees
There are no concealed or hidden fees in our lending process. All the charges are explicitly disclosed before proceeding with the loan. There is complete transparency in our services.
Easy Repayment
Repaying your personal loan is easy because it helps you repay the loan amount without facing any difficulties. It increases your credit score also with frequent borrowing.
Convenient Interest Rate
A competitive and convenient interest rate makes borrowing easier, supports effective financial planning, and ensures quick access to funds during a cash shortage, helping you manage expenses.
Eligibility Criteria for Travel Loan
You must check the eligibility criteria for the personal loan for travel which mainly depends on the age, income, credit score, nationality, and terms of employment. So, the eligibility criteria for the personal loan for travel depends on the following.
- Age: Minimum 18 and Maximum up to 65 years.
- Credit Score: 750 or above
- Income: A minimum of ₹35,000 per month.
- Nationality: You must have Indian Nationality
- Documents required: Aadhar, PAN, Salary Slip, Bank Statement, Utility Bills, Rent Agreements, etc.
Documents Required for the Travel Loan
The documents required for the personal loan for travel are mainly Aadhar and PAN which are required to ensure creditworthiness. Some essential documents are also required and these are:
- 1. Aadhar Card
- 2. PAN
- 3. Salary Slip (for salaried Person)
- 4. Bank Statement
- 5. ITR (for self-employed)
- 6. Utility bills such as electricity, gas, telephone, and more.
How to apply for the best personal loan for travel
A competitive and convenient rate of interest helps you borrow easily and maintain financial planning easily. It helps you get the loan in a shortage of cash
Step 1:
Go to the Application Page and Enter the Details
Step 2:
Submit Your
Documents
Step 3:
Wait for Approval and
Get Disbursal
Step 4:
Easily Repay
the Loan Amount
How to calculate the Interest Rate of a Travel Loan
The interest rate and monthly EMI for the personal loan for travel can be calculated based on the loan amount, tenure, rate of interest, etc and it can be calculated through the EMI calculator after entering all these details in the EMI calculator.
EMI Calculation Formula: P x R x (1+R)^N] / [(1+R)^N-1]
P= Loan amount
R= Interest Rate
N= Tenure (tenure in years or months)
Just for instance, if you are borrowing an amount of RS 1,00,000 with an interest of 11% per annum, with a tenure of 12 months, the repayment amount with the EMI calculation will be as follows
Loan amount RS. 1,00,000/-
EMI per month RS. 8838/-
Overall interest 6058/-
Repayable loan Amount RS. 1,06,058/-
Frequently Asked Questions
What is a travel Loan and how to apply for it?
A travel loan is instant financial support for the salaried person and self-employed, which is always through the website, You can go through the Apply Now page and follow the steps such as
1. Click on the Apply Now
2. Enter all the details with the documents
3. Submit the application form and get the approval
4. Receive the disbursed amount and use it for multiple usage
Which documents are required for travel loan?
You must have documents like PAN, Aadhar, Bank statement, salary slip (for salaried persons) ITR for self-employed, rent agreement for those staying in a rented house, utility bills and etc.
Can I apply for a travel loan as a self-employed?
Yes, if you have a good credit score and ITR with a higher business return, you can apply for the loan, without any difficulties. You must apply with the documents required such as PAN, Aadhar, Bank Statement, etc.
What are the eligibility criteria for travel loan?
Yes, if you have a good credit score and ITR with a higher business return, you can apply for the loan, without any difficulties. You must apply with the documents required such as PAN, Aadhar, Bank Statement, etc.
How much time travel loan take for approval?
If you are applying for a travel loan with the complete documents and you are eligible as per the terms and conditions, you can get the loan in a few minutes. It will be approved shortly.
