Solutions like this one give you access to a large amount along with loan features that make it possible for you to address last-minute plans and unforeseen expenses. To know how you can enjoy a vacation that’s free of hiccups, learn about the benefits of taking a personal loan for travel:
You obtain substantial, collateral-free financing
Planning a vacation that is fun for the entire family may be time-consuming, but you don’t have to worry about what it’s going to cost you. This is because Bajaj Finserv offers Personal Loans of up Rs.25 lakh. Moreover, you don’t have to pledge any collateral. You can simply use the amount to cover big-ticket expenses such as flight bookings, hotel stay, and sightseeing costs.
You can opt for the Flexi Loan facility to tackle unforeseen expenses
Despite meticulous planning, you cannot estimate all the expenses you’ll encounter on your vacation. For instance, you may have to visit a doctor abroad or extend your stay owing to harsh weather conditions. To help you manage such expenses, Bajaj Finserv offers the Flexi Loan facility. Here, you can draw from the sanction in parts, as per your needs, while restricting your interest payment to the amount you’ve withdrawn. Further, the Flexi Loan facility also gives you the option of lowering your monthly instalments by 45%*.
You get funding on relaxed eligibility terms
It can be disappointing to research a loan, file an application and then not qualify. To prevent you from having such an experience, Bajaj Finserv has basic eligibility criteria that can be met easily. To qualify, you must be:
- Between the ages of 23 and 55 years
- A resident of India
- Employed at a public or private organisation
- Earning the minimum salary as per your city of residence
You enjoy easy application and quick disbursal
A tedious loan application process comes with hassles, which is something you would not want especially if you’re planning a last-minute holiday. But with Bajaj Finserv you have nothing to worry about. It has a straightforward application procedure wherein you fill an easy application form and submit basic documents. You can get instant approval in 5 minutes and disbursal directly into your account within 24 hours. This means that you can focus on planning your travel itinerary rather than worrying about loan acquisition formalities.
You can access your loan account wherever you are
You can easily keep track of your loan details while you travel through the online loan account provided by Bajaj Finserv. You can check the terms and conditions of the loan, view the repayment schedule and even part-prepay or foreclose your loan amount from anywhere, at any time. In fact, when you opt for a Flexi personal loan, you can even request release of a share of funds sanctioned to you online, without filing any extra paperwork.
Apart from all these benefits that simplify travelling, this loan also comes with a repayment tenor of up to 60 months. This allows you to enjoy your winter holiday now and repay the amount in bite-sized instalments later.
To get access to financing at the earliest, remember to check your pre-approved offer from Bajaj Finserv and unlock a customised deal.
About Bajaj Finance Limited
Bajaj Finance Limited, the lending arm of the Bajaj Finserv group, is one of the most diversified NBFCs in the Indian market catering to more than 36 million customers across the country. Headquartered in Pune, the company’s product offering includes Consumer Durable Loans, Lifestyle Finance, Digital Product Finance, Personal Loans, Loan against Property, Small Business Loans, Loans for Professionals, Home loans, Credit Cards, Two-wheeler and Three-wheeler Loans, Commercial lending/SME Loans, Loan against Securities and Rural Finance which includes Gold Loans and Vehicle Refinancing Loans along with Fixed Deposits. Bajaj Finance Limited prides itself on holding the highest credit rating of FAAA/Stable for any NBFC in the country today. It is also the only NBFC in India with the international ‘BBB’ with stable outlook for long-term, by S&P Global Rating.
To know more, please visit: https://www.bajajfinserv.in
To read about our terms and conditions, please visit: https://www.bajajfinserv.in/terms-and-conditions