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Home > Loans > Holiday Travel Loan  
 
 
  Holiday Travel Loan

Holidays are to relax and rejuvenate and not to worry about the everyday expenses. This is why; IDBI Bank has introduced tailore-made holiday loans for you and your family. Now, go ahead and enjoy your vacations while we take care of the expenses. So, pack your bags and head to your favourite destination!

Purpose
Tailor-made loans to meet all your travel expenses such as cost of ticket, hotel stay, visa, taxes, insurance or any sundry / incidental cost pertaining to travel to be undertaken by self / spouse / children / family members of applicant within India or abroad. Submit all documents pertaining to travel to avail the loan.

Eligibility
All individuals, existing bank customers and proprietorship firms.

Loan Amount
Minimum: Rs.50, 000/- Maximum: Rs. 2 lac and Rs. 5 lac for traveling within India and abroad respectively.

Tenor
Maximum 36 months Interest and other charges

Interest:
  • BPLR where customer offers collateral security to the extent of 100 to 125% of the loan amount. (current BPLR is 12.75% )
  • Upto BPLR + 4% (16.75%) depending on customer profile, when no collateral security is offered.
Other charges:
  • Processing Fees: upto 2.25%
  • Insurance and Documentation charges extra.

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