Cost-Effective
Large costs associated with travel can be broken into small monthly payments to ease financial constraints and avoid affecting your current budget.
International Holiday Packages on EMI
Loan Amount Up to Rs 5 Lakh
Instant Approval in 10 Minutes
Loan Tenure 12-36 Months
Calculate Your Personal Loan EMI
What are International Holiday Packages on EMI?
Taking an international holiday package on EMI means you can book an overseas trip now and pay for it in equated monthly instalments. Instead of paying the whole amount upfront, you convert the trip’s total cost into EMIs, spreading payments over a tenure of your choice, usually at attractive interest rates. When you finance your trip through a Personal Loan, you keep your savings intact and plan a suitable itinerary long before departure.
Why Opt for EMI Payment for Your International Vacations?
When you book international holiday packages on EMI, you can travel now and pay later. This means you can enjoy your vacation worry-free, while preserving your savings.
No Down Payment Required
You can book premium travel packages while your cash flow isn't under pressure, as you can pay for your costs in EMIs.
Instant Approvals
With little paperwork, there are immediate approvals, so you can quickly book international holiday packages on EMI.
Flexible Tenures
There are repayment tenures from 12 to 36 months, where you can make comfortable EMI repayments.
Competitive Interest Rates
EMI plans can be cost-friendly with competitive interest rates, thus lowering your overall travel cost.
Protect Savings
You can fund your vacation with loan EMIs without disturbing your emergency funds and savings.
Benefits of Choosing Hero FinCorp for EMI on International Holidays
Hero FinCorp allows fast approvals with basic paperwork and formalities. We are one of the best loan providers for holiday EMI packages offering flexible tenures and attractive interest rates.
Flexible EMI Plans and Interest Rates for International Holiday Packages
With the international holidays EMI plan, you can spread the costs over 12 to 36 months. Hero FinCorp offers low interest EMI loans for travel, no collateral requirement and transparent charges, making global trips affordable. Here are the flexible EMI plans for various tenures:
| Loan Amount (Rs) | Tenure (Months) | Interest Rate (p.a.) | Monthly EMI (Rs) | Total Interest (Rs) | Total Amount Payable (Rs) |
|---|---|---|---|---|---|
| 1,00,000 | 12 | 19% | 5,805 | 10,298 | 1,10,298 |
| 1,00,000 | 18 | 19% | 6,088 | 15,699 | 1,15,699 |
| 1,00,000 | 24 | 19% | 6,378 | 21,185 | 1,21,185 |
| 1,00,000 | 30 | 19% | 6,676 | 26,845 | 1,26,845 |
| 1,00,000 | 36 | 19% | 6,981 | 32,646 | 1,32,646 |
Loan Eligibility Criteria for Holiday Packages on EMI
Check out the basic personal loan eligibility for an international holiday on EMI:
| Eligibility Criteria | Requirement |
|---|---|
| Age | 21 to 58 years |
| Citizenship/Residential Status | Indian citizen only |
| Type of Employment | Salaried and Self-employed |
| Minimum Monthly Salary | Rs 15,000 |
| Minimum Work Experience | 6 months (salaried), 2 years (self-employed) |
Documents Required to Apply for EMI on International Holiday Packages
For booking holiday packages on EMI, Hero FinCorp has a complete digital process; you just need to have documents handy to get instant verification. Here is the list of documents required to avail a personal loan from Hero FinCorp.
- Pan Card
- Aadhar Card
Interest Rates & Charges for EMI on International Holiday Packages
Get a clear understanding of personal loan interest rates and fees for travel packages on EMI
| Charges | Details |
|---|---|
| Interest Rate | Starting at 19% p.a. |
| Loan Processing Charges | Minimum 2.5% + GST |
| Prepayment Charges | N.A. |
| Foreclosure Charges | 5% + GST |
| EMI Bounce Charges | Rs 350 |
| Interest on Overdue EMIs | 1–2% of the loan/EMI overdue amount per month |
| Cheque Bounce | Fixed nominal penalty |
| Loan Cancellation | Online loan application does not charge any cancellation fees |
| Interest amount paid is non-refundable | |
| Processing charges are also non-refundable |
How to Book International Holiday Packages on EMI with Hero FinCorp?
Follow these steps to apply for a personal loan, so that you can book holiday packages on EMI smoothly:
Online Process
- 1
Go to the Hero FinCorp website or download the loan app.
- 2
Visit the ‘personal loan’ section and click 'apply now’
- 3
Enter your mobile number and authenticate with the OTP received
- 4
Choose your loan amount and tenure as per your requirements
- 5
Proceed to KYC verification to verify your income eligibility.
- 6
Click 'Submit' and wait for approval.
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Frequently Asked Questions (FAQs)
No, a credit card is not mandatory. You can book international holiday packages on EMI through Hero FinCorp personal loans.
If you miss an EMI payment, you will incur late fees and penalties, as well as risk impacting your CIBIL negatively.
The maximum loan amount available for an international holiday package depends on your income, credit profile and lender's policy. Hero FinCorp offers personal loans of up to Rs 5 Lakh.
Approval for an EMI loan for travel is quick. Hero FinCorp gives loan approvals often within 10 minutes of applying.
Hero FinCorp ensures transparency with no hidden charges. Only minimal processing fees and taxes are applicable.