3 Reasons You Must Attend Festivals Like Hornbill Festival 2022 with a Travel Loan

 Winter is the time of grand music concerts, cultural festivals, and Christmas celebrations all over India. Each state has something to offer for a great experience during these chilly months. Would you like to attend ethnic festivals like Hornbill this winter? Don't worry, even if your destination is far away from your hometown. If the trip seems expensive, take a travel loan from a fintech lender. It will act as a personal loan to finance your trip. You can pay it off gradually in easy EMIs. Here are 3 reasons to take a travel loan to fund your trip. 

1. Flexible Loan Amounts and Tenures

You may not need a big loan to pay your travel expenses. In that case, a fintech travel loan can be a small-ticket personal loan. The loan amounts are flexible, so you can easily choose one based on your fund requirement. Since the amounts are suggested according to different repayment tenures and eligible monthly salaries, you can also pick a loan amount keeping in mind your repayment capacity. Here are the flexible loan values:

Loan Amounts	Repayment Tenures	Eligible Salaries
₹15,000 - ₹1,10,000	3 months	₹15,000
₹20,000 - ₹2,10,000	6 months	₹20,000
₹50,000 - ₹2,58,000	9 months	₹25,000
₹75,000 - ₹3,00,000	12 months	₹40,000
₹1,25,000 - ₹4,00,000	18 months	₹50,000

2. Quick Application and Disbursal

You can apply for a travel loan online as an instant loan from a fintech company. The application procedure is digitized and involves the following simple steps: 

• Download the fintech loan app on your Android or iOS device.

• Upload your details and the needed documents to create your profile on the app.

• Once these are verified successfully, you can pick the required loan amount and tenure. 

• The loan will be instantly credited to your linked bank account if your request is approved.

Since the application process takes a few minutes, you can even apply for the loan at the last minute. 

3. Easy Eligibility Criteria

It's easy to qualify for a fintech personal loan like a travel loan due to simple eligibility criteria. For instance, you need to be: 

• A resident Indian

• 23-58 years old

• A salaried employee at a registered company

• Earning at least ₹15,000 per month

The easy eligibility criteria increase your chances of qualifying for the loan and financing your trip successfully. 

Conclusion

Go ahead and make a list of your travel expenses. Include your air tickets, food costs, local transportation expenses, hotel bookings, costs of tickets for any events, emergency medical expenses and other essential costs. Make a total of them and consider applying for an instant online instant loan to fund your trip. Then enjoy it without any budget constraints!