Travel

How To Get a Loan for Your Dream Holiday & Vacations?

Vacations?

With Money View Personal Loan at affordable rates, a dream holiday that you have always planned to do with your loved ones can now be availed immediately. By respecting the rights of your travel and accommodation, the loan comes with complete flexibility to pick the destination of choice. Just like an unsecured personal loan, a travel loan is availed to fulfill the capital goals for traveling by keeping in mind the holiday planning and a range of vacations.

The greatest part of a travel loan is that the income tax statute supports salaried employees with an LTA deduction which can be sought twice in a block of 4 years. The exemption does not, however, cover expenses paid for the entire journey, like shopping, recreation, and leisure. The best thing about applying for a travel loan with Money View is that it enables you to save your precious time and this implies that you don’t need to visit physically for a lengthy documentation process. That being said, you must be now thinking about what other perks we are providing, let’s hunt for the answer below:

Advantages You Get While Applying for a Travel Loan with Money View

The core aspects and upsides of an instant travel loan by Money View are as follows:

  • One can confirm his/her eligibility for a travel loan within a matter of minutes
  • Upon successful documentation, one can get a loan amount ranging from Rs 10,000 to Rs 5 lakhs respectively.
  • Within only 24 hours of your loan application approval, the loan balance is credited to your account.
  • Take advantage of low-interest rates and loan repayment periods for up to a limit of 5 years.
  • The entire process is managed online, from paperwork to reimbursement, which ensures that you will get a travel loan with extremely attractive interest rates and convenient repayment terms in a paperless way.

Eligibility Required to Apply for a Personal Loan

Check the basic eligibility requirements below for quick approval from Money View:

  • He/she must be a salaried or non-salaried individual with a minimum age cap of 21 up to a limit of 57 years.
  • He/she must have a minimum monthly income of Rs 13,500.
  • He/she must have a minimum credit rating of 750

Documents Required to Apply for a Personal Loan with Money View

In order to apply for a loan with Money View digitally, you need to keep the below-listed documents handy:

For Salaried Individuals:

Identity Proof: Aadhaar Card, Voter ID Card, PAN Card

Address Proof: Aadhaar Card, Utility bills of the last 6 months, Voter ID Card, Passport

Income Proof: Bank account of the last 3 months, salary slips

For Non-salaried Individuals:

Identity Proof: Aadhaar Card, Voter ID Card, PAN Card

Address Proof: Aadhaar Card, Utility bills of the last 6 months, Voter ID Card, Passport

Income Proof: IT returns of the last 2 years

Loan Application Procedure

  1. Open the Money View app or visit the site directly and submit your loan application request by specifying all the required personal details.
  2. We will go through your documents once you have submitted your loan application and check your credit score.
  3. We’ll send you a NACH (National Automated Clearing House) form after the authentication process.
  4. We’ll give you a loan agreement on the app upon receiving your duly filed NACH form.
  5. Your loan amount will be credited to your savings account in a few hours once you accept the loan agreement.

Tips to Make your Vacation Unforgettable

As the holiday season is coming near to your door, the plans for a celebration with your friends or relatives may have already been finished by you. Thanks to the possibility that there are breaks in schools, colleges due to the upcoming summer vacation. You often plan to make the most out of your vacation long in advance, but sometimes lose out on smart preparation. Most of us schedule lavish holidays that will quickly take us to difficult financial conditions. To make your vacation the best without affecting your personal finance, follow the key considerations below:

Pre-book the travel tickets and hotel stays before you head out on your long-awaited holiday, consider the local transportation and schedule the locations on your travel list that you are willing to visit. The positive aspect of pre-booking is that you can make use of discounts that can save your hard-earned money. You can also opt to prepare in advance for a travel loan at an appropriate rate of interest to cover your holiday.

On a vacation, unexpected concerns can occur at any moment, and you must be well ready for them. It is necessary for travels to hold first aid supplies, be familiar with local hospitals and clinics and keep an additional amount of money ready just for certain health and safety reasons.

Getting started with family and friends on vacations will reduce your expenditures. Travelling as a group splits the costs of accommodation, food and travel fetch deals to a team of travellers going to a specific destination, particularly during gatherings.

To grasp your holiday destinations faster, use online tools such as maps, travel websites and so on. This strategy will allow you to check the tourist attractions, set you straight with the means of transport and confirm you with the nearest details of hotels.

Setting out for holidays takes a lot of pre-buying to visit your favourite destinations. Through purchasing the region’s antiques and outfits, you would like to carry treats, add on to the nostalgia of the locations. The costs of these pieces are generally high and, while bargaining well, aim to keep a cap in consideration.

In case you are heading on a break funded by a personal loan, it is recommended that you reduce your unwanted expenses to the fullest.

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