No Collateral Required


Rate Of Interest starting from 10.25%.


Minimal Documentation

How Holidays
Loan Works

Loan for holidays is a smart way which can help you to explore different places without worrying much about money. A planned holiday is a myth, as we end up spending more than planned. But switching to the smart solution of taking a loan for holidays can help us in the long run of life.

Apply and approval of a vacation loan is a cakewalk with My Mudra. Get your vacation loan at the lowest interest rate starting from 10.50% p.a. Opt for the long tenure and repay your holiday loan in easy and planned EMIs

How Holidays Loan Works

Eligibility and Documentation
For Holidays Loan

Eligibility Criteria for Holiday Loan are mentioned below:

1. Nationality: Indian

2. Age: 21 years to 67 years

3. Employment Status: Employed with MNC, private, or public companies

4. CIBIL score: 700 or higher

5. Minimum Salary: The minimum salary for a holiday loan should be Rs. 22000

Documents required for Holiday loan

1. KYC documents of the applicant such as PAN Card, Aadhaar, Passport, Voter & ID card

2. Salary Slips for the last three months

3. Employee ID card

4. Bank Account Statement for the last three months

Eligibility and Documentation For Holidays Loan

How to apply for
Holidays Loan

My Mudra is a one-stop solution for holiday loan. Plan your holidays with My Mudra by following the steps mentioned below.

1. Apply for the vacation loan online on the My Mudra portal.

2. Our executive shall call you for the documentation and shall guide you through the process of the loan.

3. Get the documentation done online and track the status of your loan on the My Mudra portal.

4. The approval and disbursement status of your loan can be checked online.

5. Enjoy quick disbursal of the loan from My Mudra.

How to apply for Holidays Loan

Which banks to apply for Holidays Loan

Bank/ NBFC

Rate of Interest 

Axis Bank 

10.25% R.O.I

HDFC Bank 

10.50% R.O.I

Tata Capital 

10.99% R.O.I 

Holiday Loan EMI Calculator

Loan Amount



Interest Rate


Your Monthly loan emi Rs.23,537

Monthly amount paid to your loan provider

Interest rate

Total Payble Amount


your loan details as specified by you

Loan Amount
Interest Rate

Holidays Loan
Frequently Asked Questions

Is personal loan good for vacation?
Yes, it is good for taking vacation loan if you need a planned vacation.
What is the interest rate for personal loan for holidays?
The interest rate for the vacation loan is 10.25% P.A.
What are the documents required for holidays loan?
Holidays Loan is approved with minimal documentation including Adhaar Card, PAN Card and a CIBIL Score of more than 750.
Is Holiday loan secured or unsecured?
Holiday Loan is an unsecured loan because it does not requires any collateral to be pledged as security.
Which bank is giving holiday loan at lowest interest rate?
There are many banks and NBFCs providing holiday loan at lowest interest rate. My Mudra is disbursing Holiday Loan at 10.25%.