Get Instant Money for your Vacation Plans — Apply for a Travel Loan Today
Turn your traveling dreams into reality with our specialised holiday loan solutions. No more stress - get a travel loan now with My Mudra, and visit your dream destination.
-
Quick disbursals
-
Attractive Interest Rates
-
Flexible Repayment Options
Last Updated: 19 June 2025
Easy Travel Loan in Minutes
+91
Verify Captcha
Solve the puzzle
Trusted by our customers
Trusted by
our customers
Holiday Loan EMI Calculator
What is a Travel Loan?
A travel loan, a holiday loan, or a vacation loan is a personal loan designed to cover travel-related expenses such as airfare, accommodation, sightseeing, travel insurance, and more. Unlike traditional loans, a travel loan is unsecured, requires minimal documentation, and offers quick approval and disbursal, making it perfect for both planned and last-minute trips.
You can plan a family vacation, a solo adventure, or an international holiday. My Mudra’s loan for travel is designed to give you instant access to funds, flexible repayment options, and competitive rates — so you can focus on your journey, not your finances.
Features & Benefits of My Mudra Travel Loan
Loan Amount:
Avail up to ₹40 lakh for your travel plans, depending on your income and requirements for vacation loan.
Tenure:
Repay your travel loan over flexible periods, up to 72 months, at your convenience.
Transparent Process:
No hidden charges — clear terms and conditions at every step of your journey for applying for a holiday loan.
24/7 Application:
Apply for an instant travel loan online anytime, anywhere, on our secure portal.
Dedicated Support:
Our experts guide you from application to disbursal, ensuring a hassle-free experience.
Eligibility Criteria for Travel Loan
To qualify for a travel loan in India with My Mudra, you typically need to:
- Be an Indian resident aged 23–65 years.
- Be a salaried or self-employed professional with a stable income.
- Meet the minimum monthly income requirement — ₹22,000+ mostly (varies by profile).
- Have a good credit history (a CIBIL score of 750+ is preferred but not mandatory).
- Provide basic KYC and income documents.
Who Can Apply for a Travel Loan Online in India?
Anyone meeting the eligibility criteria can apply for a travel loan online in India — whether you’re a salaried employee, self-employed professional, or entrepreneur, you can still apply if your income is steady.Documents Required for Holiday Loans
- Identity Proof (Aadhar Card, PAN Card, Passport, Voter ID)
- Address Proof (Utility Bill, Aadhar, Passport, etc.)
- The latest 3 months’ salary slips or income proof
- Recent bank statements (last 3 months)
- Employment proof or ITR/Form 16 for self-employed
How to Apply for a Holiday Loan with My Mudra
Leading Banks & NBFCs Offering Travel Loans in India
Several top banks and NBFCs offer travel loans in India with competitive interest rates, flexible tenures, and instant approval. Here's a comparison of major lenders:
| Bank/NBFC | Interest Rate (p.a.) | Loan Amount | Tenure | Special Features |
|---|---|---|---|---|
| HDFC Bank | 10.90%–25% | Up to ₹40 lakh | Up to 60 months | Instant funds, insurance cover, flexible tenure |
| ICICI Bank | 10.85%–16.65% | ₹50,000–₹50 lakh | 12–72 months | Instant approval, multiple application channels |
| Axis Bank | 11.25% onwards | ₹50,000–₹40 lakh | 12–84 months | Quick disbursal, EMI calculator, pan-India access |
| IndusInd Bank | 10.49% onwards | Up to ₹5 lakh | Up to 72 months | 100% paperless, instant approval |
| IDFC First Bank | 10.70% onwards | Up to ₹10 lakh | Up to 60 months | instant online process, extended tenure |
*Interest rates and fees as of 2025; actual rates may vary by applicant profile and lender policies.
Travel Loan Interest Rate Comparison
- Lowest rates: IndusInd Bank (10.49%), IDFC Bank (10.70%), ICICI Bank (10.85%).
- Flexible tenures: Up to 84 months (Axis Bank).
- High loan amounts: Up to ₹50 lakh (ICICI Bank), ₹40 lakh (HDFC, Axis).
- Instant approval: Most banks now offer digital, paperless applications and instant approval/disbursal for eligible profiles.
Pro Tip: To secure the best rate, maintain a strong credit score, stable income, and compare offers from multiple lenders.
How to Use the Travel Loan EMI Calculator?
Our travel loan EMI calculator helps you plan your repayments easily. Just enter your desired loan amount, preferred tenure, and travel loan interest rate to view your monthly EMI and total repayment amount instantly. This helps you choose a plan that fits your budget and travel goals, so you need not check your pockets when on holiday.
Planning your repayment is crucial. A smart borrower always checks EMIs before applying!
What Can You Use a Travel Loan For?
- Domestic and International Trips
- Family Vacations
- Business Travel
- Honeymoon Packages
- Group Tours
- Adventure Holidays
- Pilgrimages and Religious Tours
- Last-Minute Bookings
- Travel Insurnce and Visa Fees
- Shopping, Dining, and Local Experiences
Why Choose My Mudra for Your Travel Loan?
At My Mudra, we make borrowing easy, fast, and transparent. Here’s why we’re the preferred choice:
- Instant Approval & Disbursal: Apply for a travel loan online and get approval within minutes. Funds are credited within hours, so you never miss out on last-minute deals.
- Competitive Travel Loan Interest Rate: We offer some of the lowest travel loan interest rates in India, starting from 10.50% p.a., making your trip affordable.
- Flexible Repayment Options: Customize your repayment tenure with EMIs that fit your budget. Use our travel loan EMI calculator to plan ahead.
- No Collateral Required: All My Mudra travel loans in India are unsecured, no assets required.
- Minimal Documentation: Enjoy a quick and easy digital application process with basic KYC and income proof.
- All-Inclusive Funding: Use your holiday loan for domestic or international trips, covering everything from flights and hotels to shopping and sightseeing.
Hear from our Travel Loan Customers
Priya S., Mumbai
Verified CustomerI wanted to surprise my family with an international holiday but was short on funds. My Mudra’s travel loan made it possible within a day. The process was smooth, and the EMI was affordable.
Rahul M., Bangalore
Verified CustomerApplied for a tour loan online and got instant approval. The funds were in my account within hours. Highly recommend My Mudra for vacation loans!
Anjali T., Delhi
Verified CustomerExcellent service and transparent process. The travel loan interest rate was much lower than I expected. My Mudra made my dream trip a reality.
Travel Loan Frequently Asked Questions
What is a travel loan?
A travel loan is a personal loan designed to cover all travel-related expenses, including flights, hotels, sightseeing, and more. It’s unsecured, requires minimal documentation, and is quickly approved.
Can I get an instant travel loan online in India?
Yes. With My Mudra, you can apply for an instant travel loan online and receive funds in your bank account within hours of approval.
What is the travel loan interest rate in India?
Travel loan interest rates in India typically start from 10.49%–11.25% p.a. and may vary based on your profile and lender policies.
How can I use a travel loan EMI calculator?
Enter your loan amount, tenure, and interest rate into the EMI calculator on our website to view your monthly EMI and total repayment instantly.
Is a travel loan different from a personal loan?
A travel loan is a type of personal loan made for travel expenses. It offers similar benefits but may come with features or offers designed for travelers
Ready to Explore the World? Apply for Your Travel Loan Online with My Mudra!
Travel now and pay later. Don't let finances hold you back from your dream vacation. Get instant approval and start packing for your next adventure. With transparent terms, competitive rates, and a seamless digital process, My Mudra is your trusted partner for all travel loans in India.
Apply for your travel loan online with My Mudra today.