Personal Loan

Finance Your Leh Ladakh Road Trip Travel With Personal Loan


These last two years have been challenging for humans due to the COVID-19 outbreak. The pandemic destroyed communities and economies. During this time, many people have switched to working from home. Due to health concerns and international travel restrictions, people had to postpone their road trips. But now that the restrictions are over get an instant personal loan and start planning your road trip.

So, if you can apply for a personal loan at lower interest rates, why don’t you pack your bags and set for a Leh Ladakh trip to embark on an adventure of a lifetime? There are many monetary considerations when planning a trip. The expenses associated with travel, such as airfare, food, lodging, and others, may add up. Those figures will rise if you intend to bring everyone in the family along.

Depending on the destination and the level of comfort desired, a trip overseas might cost considerable money. To cover that amount, you can apply for a personal loan and get the money to enjoy a wholesome road trip with your loved ones.

Why Choose an Instant Personal Loan?

The following factors may make a personal loan the best option for financing your next trip: –

Freedom to Use

You should budget for a wide range of expenses that might come up as you plan your trip. One example is to apply for a personal loan to pay for lodging and travel rather than saving up for those expenses. You should have enough money to meet your basic costs while travelling. This amount should also cover other expenses incurred due to an urgent situation. It is possible that you or a loved one could take ill or that you might lose some expensive goodies. So you also need to have some extra money by your side during the trip. You might get a personal loan to cover the full price of your next vacation. Unlike other types of loans, personal loans can be used for anything. Personal loan providers aren’t concerned about how the money will be used.

Reduce your burden with EMIs

An Instant personal loan can be repaid in EMIs. The stress of saving up for a vacation may now be put to rest, and you can enjoy it to its fullest. Refrain from spending all your savings. With a personal loan, all your issues can be taken care of. Your income will determine whether you can afford to make your EMI payments.

How much you have to put toward your loan each month depends on several factors. This includes the amount you borrow, loan tenure, and the interest rate. This is why looking for the best instant personal loan is vital to make your EMIs affordable.

If you decide that you no longer desire the personal loan after paying the EMIs for a few months, you can close the account by paying off the sum. Your lender may charge a nominal foreclosure fee.

Flexible Loan Terms

To what extent and how long you opt to pay EMIs for a personal loan is up to you. In most cases, the duration of a personal loan is between 12 and 60 months. If your lender provides you the chance, you may be able to extend the time to repay your Instant personal loan. When settling on a loan term, you need to be prudent. A loan with a longer tenure may have lower EMIs, but it will cost more in the long run.

No need for a security

Unlike secured loans, personal loans do not need security. This means that you might get a personal loan without giving any collateral. As a result, you may spend the money on vacation. If you have a good credit score and meet the rules, you can apply for a personal loan at a nominal interest rate and use it for a holiday.

Simple eligibility

Age, monthly income, and credit score needed for a personal loan could differ across lenders. Some lenders may base their choice to lend to you on your credit history, making it work to get pre-approved for an instant personal loan. No need to show your eligibility while applying for one of these personal loans because they are pre-approved.

Easy paperwork

Only the following documents are necessary for a loan: –

  • Age proof.
  • Income proof.
  • ID Proof.
  • Work-ex proof.

Quick disbursal

Instant Personal loans may be used to get fast cash in an urgent situation. Personal loans are available since they involve little in the form of paperwork and collateral. So, go ahead and start preparing for your perfect getaway.

Lenders often approve personal loans in as little as two or three days. Another possibility is receiving a travel loan that can be applied for online.

Large savings

Every loan application must analyse the interest rate. Compared to other unsecured loans, including credit cards, the interest rates on personal loans are much lower. Thus, an instant personal loan is a way to go if you want to avoid adding to your financial issues by employing a high-interest credit card to finance your vacation.


Using a personal loan is an excellent option to finance travel needs. But to get the best deal, you must contact Piramal Finance and learn more about their personal loans. The benefits of their loans include low-interest rates, flexible payback schedules, pocket-friendly EMI  options, and a range of borrowing amounts.