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Travel Anywhere in the World with a Fullerton India Instant Personal Loan

Travel can be expensive, and not everyone has all the available funds instantly. To cater to these needs, Fullerton India provides customers with personal travel loans that are flexible and accessible to a large number of people. 

Nowadays, our lives have become highly monotonous and tiring, and taking breaks from our regular schedule is refreshing. One of the most popular and best ways to relax is to go on a vacation. Travelling helps restore your energy and keeps your mind and body fresh.  However, many times, people are unable to go to their bucket list locations due to a lack of funds.



In such cases, a travel loan offered by Fullerton India is the best way to go! It is an unsecured loan, which means that it does not require any collateral and is approved instantly (subject to eligibility). These loan applications require minimal documentation, and the entire process is carried out online right from the comfort of your home. 

A personal loan can help you with the extra funds you might need while travelling. Sticking to a strict budget on vacation is tough and can hinder your enjoyment there. By availing of this loan, those extra expenses are taken care of. In addition to this, with Fullerton India’s competitive interest rates and flexible repayment tenures, you can repay the loan easily and not feel financially burdened. 

Before applying for the loan, be sure to use the personal loan EMI calculator to get an idea of the monthly EMI you may have to pay and select a tenure which suits you the best. You can also use the personal loan eligibility calculator to understand the maximum loan amount you may be able to get based on a few parameters such as your repayment capacity. Doing so   can reduce the chances of rejection. 


Personal Loan Eligibility 

Before making the decision for a loan it is essential to know whether you meet the eligibility criteria. Several companies offer eligibility calculators today, depending on numerous factors. Specifically for travelling, relying on a loan before knowing whether you are eligible can be crushing if it does not work out in your favour. Therefore, instead of asking for a loan and facing rejection, it would be wiser to check the eligibility criteria of the lender. 


The common eligibility criteria for a personal loan include:

● A stable monthly income since only a salaried or employed person can avail of a personal loan. Most lenders require a minimum monthly salary of INR 20,000

● The borrower must be in the age range of 21 to 65

● The applicant should have a credit score of at least 750 with a good credit history

● Work experience of at least a year for salaried applicants

● The applicant must possess a healthy repayment capacity 

● The applicant must have the required documentation

The lender considers these factors among many others before accepting or rejecting your personal loan application. Customers can decrease the likelihood of getting their request approved as soon as possible by using the Fullerton India online personal loan calculator. This helps them avoid long sanction periods.


Reasons to Opt for Personal Loans for Travelling

Besides the fundamental advantage of a travel-related personal loan, that is, covering the extra costs of a vacation or trip, it has many other benefits that customers must consider. These benefits are as follows:

●It does not require any collateral.

●It has lower interest rates compared to other forms of short term credit such as payday loans.

●Minimal documentation is required unlike those for secured loans

●An online personal loan is easier due to its availability on mobile apps and websites.

●You can use the money to travel to any location.

●Flexible repayment tenures upto 60 months

Before giving up on the idea of travelling to your dream destination due to an issue with funds, consider a personal loan to give yourself a much-needed break from the chaos of everyday life. Fullerton India’s loans can help you do just that. You can be worry-free and book your favourite trip!

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