How many times did you cancel a foreign trip or family vacation, just because you had no funds? How many times did you fall short of cash to set up a Travel trip savings fund, and couldn’t save enough? Let’s face it. We millennials don’t keep travel funds as a priority expense during the entire year.

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The Millennial Fall-cone

We millennials love to work (or at least pretend to). We are so engrossed in our daily tasks, PPT presentations, client meetings, smoking breaks, unending gossip that we forget about the more important things in life, such as family, friends, pets and pizza.

Many of us promised our family that we would go on family vacation by the end of this year. Some of us might opt for spending the start of 2019 in a different country. Some might want to see the sun rise in the east (literally) or some would prefer ogling at the fireworks of Burj-Al-Dubai. We all have our individual plans and travel itinerary to follow.

Well, we had to generate a cooler title for millennials. The only solution to prevent the fall in a millennial’s travel funds is by providing a cone or a safety net. A safety net that firstly, allows the millennial to avail funds when he or she requires it. Secondly, the repayment or paying back of the funds should be feasible and as per convenience. Thirdly, there mustn’t be any hit to one’s credit score.

A number of travel enthusiasts and bucket list tickers are applying for a personal Loan to fund their travel trips. Fast personal loans available online are offered by lending platforms to pay for international travels and sudden vacation getaways. As per an estimated survey, young salaried millennials account to about 12-20% of the total travel loan segment in India. The age group for these salaried millennials fall between 25 to 35 years.

Some of you might want to go on a world tour perhaps. Whatever the reason for the travel or whichever destination you want to visit, you will need funds. It is not easy for salaried individuals to keep aside some form of travel funds when there are so many priority expenses to cater to. So, what do salaried individuals do in order to go on a holiday? Apply for a travel loan of course.

Travel Loan at Loan Singh

The unsecured aspect of a travel loan in itself makes it a potent financial solution in times of travel cash crunch. Suppose you remove the offline paperwork, delayed verification, repeated trips to the bank and delayed approval, from the travel loan availing process.  And then you turn the process online, with only 3 documents (to be uploaded), an approximately 5-minute application process and doing all this from the confines of your home. These features, my friends, make an online travel loan even faster to avail.

An online travel personal loan is a fantastic option during times of sudden travel plans. Sometimes, your savings might not cover the cost of a complete travel holiday. You might sometimes need to supplement your emergency travel fund with a shot of cash from other sources. It is true that a number of traditional lending institutions provide travel loans. But, isn’t an online travel personal loan synonymous with quick, instant and requiring less paperwork?

So, what’s the best source of travel funds to plan a sudden ‘zindagi milengi na dobaara’ travel trip? How can you travel the world with the least of hassles and no tension? How to apply for an instant travel personal loan? Are there any online travel personal loan providers in India? The single answer to all these questions is Loan Singh.

Travel Loan Features

Travel loans are a type of personal loan. These are provided to salaried professionals who are seeking funding for travel. More and more millennials are opting for online digital lending platforms to apply for travel loan. These platforms marry the instantaneous facet of online lending along with the swift backend processing of credit underwriting.

A simple travel loan application process is further coupled by instant e-approval based on credit worthiness. Even applicants with no credit score can apply for a loan, albeit with a 6-month salary credit. Thanks to travel loans at Loan Singh, millennials can now avail up to 10 Lakh for travelling to some of the most gorgeous and stunning locales around the world.

With travel personal loan being secured in nature, you do not need any collateral, guarantor or security. The travel loan can be used to cover travel (airfare, train, bus, Uber, Ola cab etc.), sightseeing, pilgrimage, accommodation, tours, excursions and shopping. Travel personal loan can be used for either domestic travel holidays across India or a foreign trip to go see the world.

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Travel Loan Eligibility

The eligibility criteria for an online travel loan with Loan Singh are:

• Salaried (receiving a monthly salary directly into your bank account)
• Indian and above 21 years of age
• A credit-worthy repayment history
• No collateral needed

You can choose to apply for amounts ranging from Rs. 50,000 to Rs. 10,00,000. The travel loan EMI can be repaid easily, with tenure ranging to 36 months. Travel loans are any day better than spending via credit cards. The online travel loan application is easy to fill and includes less hassle

About Loan Singh

Loan Singh is a digital lending platform that prides in providing online personal finance loan or unsecured personal loan to salaried individuals. You can apply for quick funds as an easy emergency loan which is not a bank loan. We provide a loan with the best personal loan interest rates. The instant funds, or instant loans, are loans between Rs. 50,000 and Rs.10,00,000 taken for purposes such as:

• Home improvement loan/Home renovation loan
• Marriage loan/ Wedding loan
• Medical loan
• Used vehicle loan
• Consumer durable loan
• Vacation loan
• Debt consolidation loan
• Credit card refinancing loan
• Job relocation loan
• Smartphone loan
• Travel loan
• Festival loans
• Gold jewelry loan
• Shopping loan
• Lifestyle loan
• Short term loans

You can calculate your easy EMIs using our personal loan EMI calculator. We accept bank statement and PAN, for quick loan approval. A bad credit score or credit report errors can lead to personal loan rejection. The ‘Loan Singh Finance Blog’ is one of the best finance blogs in India. Loan Singh is a product of Seynse Technologies Pvt Ltd and is a partner to the Airtel Online Store.

Loan Singh’s Online Presence

Loan Singh is not an anonymous digital platform. We are present on almost all leading social media platforms. All you need to do is look for us. You can find us on Loan Singh Facebook, Loan Singh Twitter, Loan Singh Google+, Loan Singh YouTube, Loan Singh Pinterest, Loan Singh Instagram, Loan Singh LinkedIn, Loan Singh Blogarama, Loan Singh Google Business, Loan Singh Medium, Loan Singh Reddit, Loan Singh Tumblr, Loan Singh Scoop It, Loan Singh Feed, Loan Singh Storify, Loan Singh Digg and Loan Singh Blogger.

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