With restrictions easing in many places, travelling has become a favourite pastime for many. The best part is that funding this does not have to be a challenge.

Travel Loans in India

As more and more Indians are travelling, banks and other financial institutions have introduced loan products catering to the segment. These loans are nothing but a personal loan product which can be used for the purpose of travel.

Personal Loan for Travel

A personal loan is an unsecured loan which can be easily availed by individuals. While travelling is enriching,  it can involve a lot of expenses. A travel loan or personal loan for travel is the ideal source of finance as these loans are easily available, are disbursed quickly, and can be used for any reason.

One of the foremost loan providers in the country, Money View, offers advantageous personal loans that can be used to fund your travel plans. 

Benefits of Money View Travel Loan

Given below are some of the reasons why you should opt for a Money View travel loan over other options.

  • Minimal Documentation

We ask for just 3 documents - ID proof, address proof, and income proof

  • Loans with Low Credit Score

Even if your credit score is low, thanks to Money View’s unique credit rating model, you can still avail a personal loan from us

  • 24 Hour Disbursement

Once your loan application is approved, your loan amount will be sent to you within just 24 hours

  • Flexibility of Loan Amount and Repayment Term

Choose a loan amount of up to Rs. 5 lakhs and repayment term of up to 60 months based on your eligibility

  • Instant Eligibility Check

Check your eligibility from the Money View website or the app within just 2 minutes

  • No Collateral or Guarantor

There is no need for a guarantor or collateral to get Money View personal loans making it easier to avail a personal loan quickly

  • 100% Paperless

Enjoy a complete online process, right from application to loan disbursal

How can You Get a Travel Loan from Money View?

Getting a travel loan in India from Money View is extremely easy. All you need to do is follow the steps given below -

  1. Check your loan eligibility

Visit the Money View website or download the app and provide all the details required. We will then let you know your eligibility in just 2 minutes

  1. Select your loan plan

Depending on your eligibility, you will have to select the loan amount and repayment term of your choice

  1. Provide required documents

Easily upload all of the necessary documents online for verification - completely digital and hassle-free

  1. Instant Loan Disbursal

After all your documents are verified and your application is approved, the loan amount will be sent to your account within 24 hours

Note -

  • Once your documents are verified, you will receive a NACH form which needs to be printed, signed, scanned, and sent back to us

  • This step will enable the auto-debit facility from your bank account and allow you to pay your EMIs on time automatically without any manual intervention.

  • On receiving your NACH form, you will need to review the loan agreement on the app. Please submit the application after reviewing all the terms and conditions thoroughly

To find out more about the eligibility and documentation requirements for Money View travel loans, click here.

Are Travel Loans Available for those with Bad Credit?

A good credit score is absolutely necessary to be eligible for any kind of loan and is applicable for travel loans as well.

However, online travel loans from Money View are available even for those with low credit scores as we use a unique credit rating model which takes into account a number of factors other than just one’s credit score.

As long as your CIBIL score is 600 and above or Experian score is 650 and above, you can avail a personal loan from Money View.

Interest and other Charges on Money View Travel Loan

Given below is the interest rate and other charges that come with Money View travel loans -

Fees and Charges

Amount Chargeable

Interest Rate

Starting from 1.33% per month

Loan Processing Charges

Between 2% to 8% of the approved loan amount

Interest on Overdue EMIs

2% per month on the overdue EMI/Principal loan amount

Cheque Bounce

Rs.500/- each time

Loan Cancellation

  • No additional charges levied

  • Processing fees will also be retained.

In Conclusion

Travelling is rejuvenating and eye-opening. While the COVID pandemic prevented many from visiting new places, restrictions are starting to ease in certain areas. If you plan to travel (while following COVID-appropriate rules but are unsure about the finances, all you need to do is avail a travel loan from Money View.

Visit the website or download the app today and apply!