I am working in a Cat B company and I haven’t taken a vacation in a long time. Me and my fiancée is planning to go on a trip to Maldives. The cost of the trip is coming out to be close to Rs 3,00,000. I am thinking of taking a personal loan. Are there any other options available? Please suggest otherwise
2 Replies
rohan
(Finance Intern)
(25 Points)
Replied 23 June 2016
Miss,
Maldives is a good option for a trip but I think you should reduce the expenses by choosing budget hotels to stay. I would like to know your monthly salary and the city in which you reside. I would like to know if you have any savings or not.
I would be able to help in a better way with this information
PARUL YADAV
(finance expet)
(93 Points)
Replied 09 July 2024
A personal loan from Kotak Mahindra Bank is an excellent option to finance your trip. The bank offers competitive interest rates, flexible tenure options, and quick disbursal. You can avail a loan amount ranging from ₹50,000 to ₹25 lakhs, ensuring you have sufficient funds for your travel plans. The simple application process and minimal documentation make it easy to secure a loan without hassle. Additionally, Kotak Mahindra Bank provides convenient EMI options, allowing you to repay the loan comfortably over a period of up to 60 months. Enjoy your vacation stress-free with a travel loan from Kotak Mahindra Bank.
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