Travel loans are available from as low as INR 10,000. They are cheaper than credit cards, come with flexible repayment tenures and are quick and hassle-free to obtain. You can borrow more money with a travel loan than a credit card for a higher budget international trip with the consistency of a fixed interest rate. However, if you do not have a 750 credit score, a bank travel loan may not get approved. A bank loan rejection shouldn’t affect your domestic travel plans anymore. The good news is that many alternative lenders such as personal loans to salaried people as an alternative to a bank loan.
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