The season when most plan their national and international travel has arrived. In addition, the Prime Minister’s recent announcement also encouraged people to visit at least 15 tourist destinations across India before 2022 and to promote domestic tourism as well. However, before you focus on places to visit, you need to sort out the budget mapping factor here. To help you finance your vacation, there are many digital lending platforms that offer quick approval loans that are easy to process, hassle-free, and with flexible repayment options to fund your dream vacation. Digital lenders such as i2iFunding, LoanTap, Qbera, and Money View, as well as travel loans, offer various types of loans.
However, SanKash, a digital lending platform, only deals with travel loans. These platforms also guide travelers to know the estimated amount required for the loan.
Here are 5 platforms to help you plan your dream vacation; Have a nice trip!
SanKash – This platform aims to provide travel loans for vacation trips or vacations. They focus on helping travel agents and tour operators both online and offline. They provide coin / monthly payment solutions for travelers. With this proposal, you can refund the money in part from the time you plan your trip and even after your return. Akash Dahiya, CEO and Founder of SanKash, said, “End customers are now able to take the well-deserved vacation without breaking their pockets. We have seen a change in our customer base from domestic tours to international travel and going to Asia, Europe. SanKash strives to help both online and offline travel brands provide their customers with flexible payment offers at attractive interest rates.
i2iFunding – This fintech company offers travel loans with quick approvals, quick disbursements, and affordable interest rates. You can avail this loan through a completely online process. i2iFunding claims to consider over 50 parameters when appraising any loan, which ensures higher chances of approval for genuine borrowers at affordable interest rates.
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Currency view – This platform is intended for people with low or no credit rating. With a few clicks on your smartphone, you can get approved for loans ranging from Rs 10,000 to Rs 5 lakhs. You can also verify your eligibility within 2 minutes, via the app. The loans carry low interest rates and the money is transferred to your bank account within 24 hours of approval. This loan app pays out money even on a Sunday.
Qbera – Qbera is known for providing fast and convenient delivery of personal loans to professionals. The loan service is done through an end-to-end digital platform, which allows the transfer of funds to the borrower within 24 hours of receiving the online application. The company claims to focus on providing loans to major borrowers who are largely overlooked by banks and financial institutions. Industry experts claim that these borrowers constitute a large segment of the population and include people with incomes below Rs. 4-5 lakh per year, employees working for unlisted companies with banks, and people just starting out. in credit matters.
LoanTap- This platform offers a loan, in which for the first 3 months you can make interest-only payments and fixed EMI payments for the rest of the term. Therefore, you can pay less interest if you plan to pay off the loan in a shorter time. Travelers also have the option of spreading costs and reducing the amount of reimbursements, thereby reducing the burden of monthly payments.