4 Reasons To Plan Your Next Holiday With A Flexi Personal Loan

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Flexi loans

A holiday to Maldives or vibrant Europe allows you to take a break from your hectic schedule and come back relaxed and rejuvenated. Further, owing to the number of travel packages available, it is extremely easy to go on vacation with your family, even if the destination is overseas. However, this demands sufficient finance. In fact, you may require a chunk of your savings to book air tickets, hotel rooms, and to pay for food, shopping and tour packages. So, to make travel viable, lenders offer travel finance solutions, among which is the Bajaj Finserv Flexi Personal Loan.

Flexi loans are unsecured personal loans that you can avail without pledging any assets and offer several benefits that come in handy when you’re planning a trip. To know more, take a look at the top 4 reasons why you should plan your next holiday with a Flexi personal loan.

Access ample travel finances easily on relaxed eligibility terms

When you apply for a Flexi Loan, you can avail financing of up to Rs.25 lakh. This large sanction suffices to fund travel expenses, including transport and lodging, with ease. You can also cater to unplanned expenses, such as a sightseeing tour to a popular attraction, or a visit to the hospital in case of an emergency.

Further, Bajaj Finserv has easy-to-meet Flexi loan eligibility criteria, thus allowing for straightforward loan acquisition. With a steady stream of income backing your application, you can obtain approval without any hassles. However, to expedite the approval process, you can keep the documents required ready beforehand and maintain a credit score of 750, which is the ideal CIBIL score required for travel loans.

Make impromptu holiday plans a reality by borrowing on the go

Flexi loans enable you to borrow as and when the need arises, thus offering enhanced financial flexibility. Once Bajaj Finserv approves a sanction, you can withdraw from it at any time and there is no limitation on how many times you can borrow. You can thus meet your needs on the go and plan a holiday even at the spur of the moment. What’s more, in case of a Flexi Personal Loan, interest is charged only on the withdrawn amount and not on the entire sanction.

Holiday without compromising owing to relaxed repayment terms

When making your itinerary, the total cost of the holiday can be overwhelming. However, bear in mind that you have the option of repaying the loan over a tenor of up to 60 months when you opt for a Bajaj Finserv Personal Loan With the Flexi facility, you can reduce your EMIs by up to 45%. Additionally, with Bajaj Finserv, you also benefit from no hidden charges when you take a personal loan. So, you can plan your holiday efficiently, with complete information on the total cost of borrowing.

Eliminate post-holiday financial stress by part-prepaying the loan

Apart from allowing you to withdraw funds as and when you desire, flexi loans help you to repay the travel loan as per your convenience as well. In addition to long tenor and attractive EMIs, you can also make part-prepayment towards the loan. This means that you can use surplus finance to decrease the principal and reduce your overall interest outgo. As this facility comes with nominal charges, you don’t have to make stringent budget cuts once you’re back from your relaxing getaway.

Now that you are aware of how a Flexi personal loan can help you fund your next trip, don’t forget to check your pre-approved offer from Bajaj Finserv. This customized deal offers instant financing on sharing basic details, helping you plan a holiday at the earliest!

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