Travel Loan

Travel Loan Eligibility Criteria

SMFG India Credit offers personal loan for holiday to all resident citizens of India who are between the ages of 21 years and 60 years. You can avail the loan regardless of whether you are a salaried employee or a self-employed person. The minimum monthly income for residents of Mumbai and Delhi is ₹25,000 and ₹20,000 for residents of all other locations. If you are self-employed, a minimum annual profit after tax will be considered instead. Please click here to know more.

Travel Loan Interest Rates

With SMFG India Credit, you can get a personal loan for travel for as low an interest rate as 11.99%* per annum. Remember that the interest rate you are charged depends on your credit score, existing relationship with us, the total loan amount and tenure, and the nature of your occupation. Therefore, ensure that you service all your current debts on time to enjoy a better interest rate. Furthermore,  a processing fee of up to 3% of the loan amount is also levied. Here are some of the key features of our personal loans

Personal Loan Interest Rates  - Dec 2023

How to Apply for Travel Loan

To apply for a personal loan for travel, all you have to do is to click on the Apply Now button and provide the requested personal, financial and employment details. Based on the loan amount and tenure you opt for, the loan will get instant online approval. Our representative will reach out to you to collect the required personal loan documents, and the loan amount will be disbursed within 24 hours of the verification. Here are the steps for an instant personal loan application with SMFG India Credit:

• Step 1: Click on Apply Now on the top right of this page. Then, perform OTP verification of your mobile number
• Step 2: Fill in personal, employment, income and bank details
• Step 3: Select the loan amount and tenure that you require
• Step 4: Upload documents as requested
• Step 5: Submit
• Step 6: Within a minute, you will be informed if your loan application will be taken up for further processing. If yes, you will be provided with a tracking number.
• Step 7: Our representative will get in touch with you for any additional information/verification.
• Step 8: Post verification of all information and documents, you will be provided with an offer. Upon acceptance, your loan will be sanctioned.
• Step 9: Amount is disbursed to your bank account.

You can also choose to apply for the loan through our  SMFG India Credit Instaloan app, or reach out to any SMFG India Credit branch near you for our representatives to guide you through the application process.