Personal Loan For Travel

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Easy Digital Process
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Minimum Salary Required ₹15K
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Instant Approval in 10 minutes
Travel Loan EMI Calculator

Monthly EMI

₹ 0

Interest Payable

₹ 0

Get a Loan for Travel Online Upto Rs 5 Lakh

Do you want to travel the world but lack funds for the expenses? Cover the airfare, hotel accommodation, sightseeing, shopping, visa fees, and other travel-related expenses with a Personal Loan for Travel of up to Rs 5 Lakh from Hero FinCorp. A Personal Loan is an unsecured funding option you may obtain through a 100% digital application procedure. The interest rate starts at 1.58% per month, and you can repay the loan in a tenure of 12 to 36 months. If you need funds for a spontaneous travel plan, you can apply for an instant Personal Loan online, which gets approved within 10 minutes.

Features and Benefits of a Personal Loan for Travel

Our instant personal loan for travel has several advantages that make the borrowing process quick and smooth. Check out the key features and benefits of these loans.

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Online Application

You can apply for a Personal Loan for Travel online and get approval in 10 minutes.

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Flexible Repayment Tenure

You can choose a repayment tenure of up to 36 months as per your finances and budget.

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Open for All Borrowers

Our Personal Loans are available to both salaried employees and self-employed individuals.

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Collateral Free

Our Personal Loans are unsecured, no you do not need to provide any security or collateral.

Eligibility Criteria for a Personal Loan for Travel

Before applying for a Personal Loan for Travel, make sure you meet the eligibility criteria, including your age, monthly income, work experience, and citizenship. At Hero FinCorp, the personal loan eligibility criteria are simple and easy to fulfil.
Citizenship

You should be a citizen of India.

Work Experience

A minimum of one year of work experience is required for eligibility.

Monthly Income

You should have a minimum income of Rs 15,000 monthly

Age

You should be between 21-58 years.

Interest Rates and Charges on a Personal Loans for Travel

You should be aware of the loan costs, like the interest rates and processing fees, before applying for an instant loan for travel. At Hero FinCorp, personal loan interest rates are competitive, and other charges are nominal. Check out the details.

Fees & ChargesAmount Chargeable
Interest RateStarting from 1.58% per month
Loan Processing ChargesMinimum 2.5%+ GST
Prepayment ChargesN.A.
Foreclosure Charges5% + GST
EMI Bounce ChargesRs 350/-
Interest on Overdue EMIs1-2% of the loan/EMI Overdue Amount Per Month
Cheque BounceFixed Nominal Penalty
Loan Cancellation
  1. Online loan app does not charge any cancellation charges
  2. Interest amount paid is non-refundable
  3. Processing charges are also non-refundable

How to Apply for a Personal Loan for Travel Online?

To get instant approval, consider applying for a Personal Loan for Travel online. Here is the stepwise process to apply with Hero FinCorp online:

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  • 01

    Visit the Hero FinCorp website or install the personal loan app

  • 02

    Go to the Personal Loan page and click ‘apply now

  • 03

    Enter your mobile number and verify with the OTP received

  • 04

    Choose the loan amount you need

  • 05

    Verify your KYC details to check income eligibility

  • 06

    Click ‘Submit’ to complete your application

List of Documents Required for a Personal Loan for Travel

At Hero FinCorp, documentation requirements slightly vary for salaried and self-employed applicants. It is better to know the requirements before applying and be ready with the essential personal loan documents to ensure a smooth application process. Here is the list of documents.

Required Documents for Salaried

Proof of photo identity

Driver's Licence, Passport, PAN Card, Aadhaar card

Mandatory Documents

Filled Loan Application Form, Passport Size Coloured Photograph

Proof of Income

Six Month Salary Slip & Bank Account Statement, Form 16

Job Continuity Proof

Appointment Letter From the Current Employer

Proof of Residence

Driver Licence, Passport, Aadhaar Card, Utility Bill

Required Documents for Self-Employed

Proof of photo identity

Driver's Licence, Passport, PAN Card, Aadhaar card

Mandatory Documents

Filled Loan Application Form, Passport Size Coloured Photograph

Proof of Income

Last Six Months Bank Statement, ITR for the Last Two Consecutive Years

Proof of Residence

Maintenance Bill, Utility Bill, Property Documents, Rent Agreement

Proof of Business Existence

Copy of Tax Registration, Shop Establishment Proof, Company’s Registration Certificate

Frequently Asked Questions

A Personal Loan for travel is an unsecured loan that provides the necessary funds quickly and helps you pay for all travel-related expenses.
You can repay your loan EMIs easily via net banking, UPI money transfer or automated mode of payment that gets deducted on a set date.
Since Personal Loans are unsecured, there is no need for any security or collateral to apply for the loan.
The repayment tenure for a Personal Loan for Travel at Hero FinCorp ranges from 12 to 36 months.