Loan for a trip

Knowledge resource 116 views 2 replies

Manjinder

Finance Advisor

175 Points Joined June 2016

I am working in a Cat B company and I haven’t taken a vacation in a long time. Me and my fiancée is planning to go on a trip to Maldives. The cost of the trip is coming out to be close to Rs 3,00,000. I am thinking of taking a personal loan. Are there any other options available? Please suggest otherwise

Replies (2)

rohan

Finance Intern

25 Points Joined June 2016

Miss,

Maldives is a good option for a trip but I think you should reduce the expenses by choosing budget hotels to stay. I would like to know your monthly salary and the city in which you reside. I would like to know if you have any savings or not.

I would be able to help in a better way with this information

PARUL YADAV

finance expet

93 Points Joined May 2024

A personal loan from Kotak Mahindra Bank is an excellent option to finance your trip. The bank offers competitive interest rates, flexible tenure options, and quick disbursal. You can avail a loan amount ranging from ₹50,000 to ₹25 lakhs, ensuring you have sufficient funds for your travel plans. The simple application process and minimal documentation make it easy to secure a loan without hassle. Additionally, Kotak Mahindra Bank provides convenient EMI options, allowing you to repay the loan comfortably over a period of up to 60 months. Enjoy your vacation stress-free with a travel loan from Kotak Mahindra Bank.