Should I Take Out a Fullerton India Personal Loan for the Holidays?

Personal loans are a great financial tool to fund all your needs. These needs can vary, such as medical treatment, wedding, holiday, business, education, or any other kind. While some of you might feel a holiday is not an immediate need, but with the current situation where everyone has been locked at home for so long, a vacation is needed to break the monotony. 

So, if you are still wondering whether opt for a travel loan is a good option for financing your holidays, then this article will clear all your doubts. 

Why Take a Personal Loan for the Holidays?

Holidays can sometimes be costly and drill a hole in your savings. It is not wise spending your savings, and using a personal loan is a better decision. Some of the reasons why it is the right decision: 

• No collateral: One of the top reasons which make a personal loan the right choice for your holidays is that it is an unsecured loan. As no security is needed for the loan one can easily opt for it without worrying about keeping anything as collateral. While your assets stay with you, you can create memories with the readily accessible fund. 
  
  
• Finance your trip: No matter how small or large a budget trip you are planning, a personal loan will take care of everything. Fullerton India offers a maximum loan amount of up to Rs 25 lakhs*. Based on your credit score, income, and other details, the maximum loan amount one may be eligible for varies. However, you can always plan a great trip and holiday with the family in the sanctioned amount.
  
  
• Easy approval: With the simplified eligibility criteria, and minimal documentation, the entire loan approval process has become hassle-free. With the digitalization of all services, you can apply online for Fullerton India personal loan and get your loan approved in no time. All you need to do is apply on the official site, and a customer care executive will get in touch with you for all the other processes.
  
  
  As soon as you start planning your trip, make a list of your expenses and apply for a personal loan through Fullerton India.  If you match the eligibility criteria and your documents are in order, the loan will be approved, and you can be on your way for a great holiday experience. 
  
  
• Quick disbursal: Personal loan process is completely digitized, which makes the entire process from application to receiving funds in your bank account a matter of 1-2 working days at the most. So, all you need to do is apply for the loan, submit all the relevant documents, and the loan amount will be credited into your account, after which you can start making the arrangements for your holiday.
  
  
• Flexible interest rate: The interest rate range for a personal loan is fixed, but the actual interest rate that will be offered to you depends on factors like your income, age, credit score, and credit history. You can use the personal loan EMI calculator to know your monthly EMIs and accordingly select a tenure that will make the repayment convenient and within your budget. 

Conclusion

So, what’s that one-holiday spot that is still pending on your bucket list? It is now time to check that off and have some fun with friends and family on holiday. You do not even have to worry about travel, food, stay, and other miscellaneous expenses. Just apply for the Fullerton India Personal loan and get the funds you need in no time.