Travel During Summer Holidays With a Travel Loan – Infographic
You might be having a bucket list of places that you would love to visit at least once in your lifetime. Some of these destinations might be easily accessible while others may push to save more or dig deeper into your pockets. But there is a way you can go to that holiday destination without exhausting your savings – a travel loan!
What is a Travel Loan?
A travel loan is a personal loan that is borrowed for the purpose of travelling. It can help take care of all travel-related expenses such as airfare, transportation costs, holiday shopping, etc. A travel loan can be utilized for domestic or international travel and has no restrictions on how you plan on spending the money.
How to Avail a Travel Loan?
You can apply for a personal loan for travelling on CASHe through the mobile app. You can download the personal loan app from Playstore or Appstore and create an account. Apply for a loan amount anywhere between Rs. 15,000 to Rs. 4,00,000. You will have to submit certain self-attested documents such as identity proof, address proof, income proof and a photograph of yourself. Once all the required details are provided and the application is approved, the loan amount will be transferred to your bank account.
Can I get a travel loan if my monthly salary is only Rs. 20,000?
Yes, you can. On CASHe personal loan mobile app, you can borrow a personal loan if you have a minimum monthly salary of Rs. 15,000.
What can the travel loan be used for?
A travel loan can be used for all kinds of travel-related expenses.
Is the travel loan restricted to travelling to only certain countries?
No, it is not restricted. You can utilise the loan amount for domestic travel and international travel.
Can I repay the travel loan in instalments?
Yes, you can.