Holiday Loan
Plan your Dream Vacation with Holiday Loan up to ₹10 lakh
Get a Travel Loan from LoanTap at competitive interest rates, and enjoy a hassle-free loan application process with disbursal in 24 hours*.
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Holiday Loan
Traveling is a dream shared by many. However, the lack of funds can sometimes create a roadblock in holiday planning. This is where holiday loans can prove helpful! LoanTap provides Travel Loans up to ₹10 lakh at competitive interest rates, which can be repaid over a tenure ranging from 6 months to 60 months.
How is a personal loan for travel helpful?
Vacations are like a jigsaw puzzle, which includes pieces like travel, accommodation, food and drinks, and more. When you plan a vacation, you rework how every piece will fit to form a final picture. Our holiday loan is that one piece of the puzzle that finally completes the picture. Here’s how you can make the most of your vacation by using our travel loan.
Transportation
Booking transportation not only includes flight/train/bus tickets but also requires making arrangements for traveling within the city or state. A holiday loan can help you cover all these expenses without putting a strain on your finances.
Accommodation
This is one of the unavoidable costs during a vacation, and there’s plenty of options available when you’re looking for a suitable place to stay, such as hotels, Airbnbs, villas, and more. A personal travel loan can be of great help when you’re in the mood to book lavish villas or resorts or a long homestay.
Activities & Experiences
Vacations are incomplete without indulging in some unforgettable experiences, such as adventure activities, museum tours, sightseeing, shows and performances, and more. You can use a travel loan to cover all these expenses.
Shopping
Shopping at a holiday destination can be an exciting experience, whether it’s buying new clothes, accessories, or even just shopping for souvenirs for your loved ones. A holiday loan can provide you with the funds to cover this expense, so you don’t miss out on any shopping sprees.
Last-minute Needs
Sometimes, last-minute expenses can come up on a vacation. A personal travel loan can act as a financial buffer, and ensure that you are well-prepared to handle any last-minute needs, from additional baggage fees to spontaneous plans.
Visa Expenses
If you are traveling to an international destination, visa expenses can add up. Our holiday loan can cover these costs, ensuring all your travel documentation is in order without any financial worry.
Why should you choose a holiday loan from LoanTap?
We believe that everyone deserves to turn their dream vacation into reality. With our personal travel loan, you can make those dreams come true without the hassle. Here’s why our travel loan stands out.
100% Online Application Process
Your dream holiday is just a few clicks away with our easy digital application process.
Quick Disbursement
We approve and disburse our holiday loans within 24 hours* because we understand that once you’ve set your heart on a destination, you don’t want to wait.
High Loan Amount
We offer loan amounts between ₹50,000 and ₹10,00,000. So, whatever your dream holiday looks like, you’re all set.
Transparent & Secure Processes
Our transparent & secure process allows you to focus on your vacation, with no pre-repayment penalty after 6 months of disbursal and no hidden charges whatsoever.
Minimal Documentation
We only ask for your KYC details, Bank statement, and the latest Salary slip, so you can spend less time on paperwork and more time planning your adventure.
Flexible Repayment
Our repayment tenures range from 6 months to 60 months, so you can choose what fits your financial situation best without adding financial stress.
How to Apply for Holiday Loan with LoanTap?
You can apply for a personal travel loan online through our website or mobile app.
Basic Information
Start the application by filling your basic information, employment and income details.
Documents & KYC
Upload the required documents and complete the KYC process.
Submit Application
Submit your application, and our team will review it. Once approved, you will receive the funds directly into your bank account.
What Our
Customers Say
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Seamless experience to our customers…
The service provided by Loan Tap is great, everything is seamless and very convenient. Its one of the very best experiences, I’ve had with any loan provider.
You are doing an awesome work as team. Faster service with immediate response is quite amazing. Will recommend to everyone in need, faster documents processing …….Keep up the good work
This is truly awesome service. Associates are very friendly and providing efficient service on time. After documents pickup, within 24 hours net amount was disbursed and that’s what I call efforts reducing service. Thank you LoanTap Team.
Awesome and superfast Service.I have never come across so polite, professional and fast service providers for Loan. I have taken a personal loan and was disbursed within 3-4 hours in my bank account. This was just a superb feeling. Thank you so much LoanTap for a wonderful experience.
Excellent service from all team members. All are supportive. Its different from others NBFCs. Now and in future, LoanTap is my first choice for financial needs.
Basic Eligibility Criteria For Personal Holiday Loans
- Individuals with a minimum monthly income of ₹30,000
- Indian citizens and residents who are at least 23 years old
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EMI Calculator
You can calculate your monthly loan payment (EMI) in just 3 easy steps! Drag the sliders to adjust your loan amount, interest rate, and loan term. See how these factors impact your EMI and understand your loan affordability clearly.
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Frequently Asked Questions
A travel loan is a type of personal loan that is specifically designed to cover travel-related expenses, such as transportation, accommodation, activities, visa and other last-minute costs.
Our holiday loan application process is quick and straightforward. Visit our website or app, fill out the application with your personal, income, and employment details, upload the required documents, complete KYC and you’re all set.
Once you submit your application, it typically takes 24 hours* for your travel loan to be approved and disbursed into your bank account.
Once you submit your application, it typically takes 24 hours* for your travel loan to be approved and disbursed into your bank account.
To qualify for a holiday loan with LoanTap, you must be over 23 years of age, have a minimum monthly income of ₹30,000 and a credit score over 700.
Before you apply for a holiday loan with us, assess the total cost of the trip, your repayment capacity, the interest rate, and the loan tenure. Also, ensure that you have all the required documents and meet the eligibility criteria.
Yes, our vacation loans are unsecured, meaning you do not need to provide any collateral to receive the funds, making it a safe borrowing option.
Yes, you can use our holiday loan to cover not only Visa expenses, but other travel-related costs as well.
You can use LoanTap’s Holiday Loan EMI Calculator to calculate EMIs. Simply drag the sliders to adjust the loan amount, interest rate, and loan term. This will help you get a clear understanding of your payments.
No, our holiday loans can be used for any travel-related expense without any restrictions, making them a great financial solution when planning a vacation.
Interest rates on travel loans in India vary by lender and are influenced by the individual’s credit profile and factors like credit score, credit history, job stability, income, etc. LoanTap offers travel loans at interest rates up to 26%.
You will be charged a nominal processing fee of 2-3% on the gross loan amount sanctioned, plus applicable taxes.
Yes, you have the flexibility to make part-prepayments or foreclose your loan free of charge if you do so after 6 months of loan disbursal. However, a nominal fee of 4% will be charged for part-prepayment or foreclosure within the first 6 months.
