Embark on your dream journey without financial constraints with LoanTap’s Travel Loan, ensuring a seamless and memorable travel experience. Discover the world’s wonders, from exotic destinations to cultural adventures, by easily financing your trips through our hassle-free loan options. Say yes to impromptu getaways and planned vacations since LoanTap has your back, offering flexible repayment terms and competitive interest rates. Now you don’t have to compromise on travel plans and you can visit your dream destination with hassle-free travel loans. With LoanTap, your travel aspirations can turn into reality, granting you the freedom to create cherished memories wherever you go.
Benefits of Travel Loan
If you are thinking of getting a travel loan, below are some of its benefits.
Hassle-Free
One of its main advantages is that a travel loan requires minimal documentation. You just need basic documents, such as Aadhaar card, PAN card, etc., and you can apply for the loan easily.
No Collateral Required
A travel loan is a type of loan where you don’t have to pledge collateral as a guarantee in case of non-repayment of the loan. This makes travel loans available to everyone.
Flexible Tenure
Another advantage of a travel loan is its flexible schedule. A personal loan has a repayment duration that might last somewhere between 12 months to 60 months. You can freely choose the loan term that best suits your requirements and situation.
Borrow Large Amount
Generally, credit cards have a low monthly spending limit. Because of this, using your credit card for major expenses may be challenging. However, a holiday loan is a perfect solution for you. With holiday loans, you can borrow more money than other borrowing options. This allows you to finance substantial expenses more easily and conveniently.
Eligibility Criteria for Holiday Loan
| Nationality | Indian Citizen |
| Employment criteria | Applicant must be a salaried individual employed with a reputable private or public firm or is a self-employed professional |
| Age | The minimum age of the applicant should be 21 years but should not exceed the age limit of 58 years |
| Income | The applicant’s monthly salary must be at least Rs. 30,000 |
| Credit Score | Credit score should be 750 or above |
Documents Required for Travel Loan
| ID Proof | PAN Card / Aadhaar Card / Passport / Driving Licence / Voter ID |
| Proof of Residence | Passport / Driving License / Electricity Bill / Telephone Bill / Aadhaar Card / Voter ID |
| Income Proof | Salary slip for last 3 months / Bank Statement |
| Photograph | 2 passport-size photographs |
How to Apply for a Holiday Loan
- Visit the official website of LoanTap or download the official app.
- On the home page, click on the ‘Apply Now’ tab to apply for a Holiday Loan.
- Select your employment profile. Select if you are a business owner, an employee, or a self-employed person.
- Select “Travel Loan” for the purpose of the personal loan and click on the ‘Continue’ button.
- Type in your email address and current location.
- Enter all additional information, including monthly income, active loans (if any), and type of current residence.
- Upload the necessary paperwork, such as bank statements, salary slips, and property ownership papers, etc.
- Enter your PAN Card number and birthdate.
- After you’ve entered all the required details, they will be verified, and after the approval, your loan amount will be sanctioned immediately.
Conclusion
Make your travel dreams a reality with LoanTap Travel Loan, simplifying your financial journey. Say hello to stress-free adventures with LoanTap’s user-friendly loan process and customer-centric approach. Ensure that your travels are devoid of financial worries, enabling you to focus on creating unforgettable moments. Seamlessly repay your loan and plan your next holiday with ease. Your travel aspirations deserve the best, and LoanTap is here to deliver an unparalleled travel financing experience.
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