Technology Elevating Financing for Travel

Business Wire India
Given how mobile-centric the world has become, it comes as no real surprise that people are increasingly turning to technology to browse, analyse and purchase conveniently from wherever they are, regardless of location. The travel industry is constantly transforming as new technology is designed and developed. The United Nations World Tourism Organization (UNWTO) estimates that India will account for 50 million outbound tourists by 2020. Despite the slowdown due to rupee fluctuations, the Indian outbound numbers have been growing at an average annual growth rate of 10-12% over the last seven years. But, what is interesting to see is that consumers are now depending on technology not only to plan their travel but also to finance them. At the same time, financing companies has made plan travel easier through pre-approved, instant loans or interest-free EMI that is available on technologically-enabled apps and highly interactive websites. Bajaj Finance Ltd., the lending arm of Bajaj Finserv, offers instant and hassle-free personal loans up to Rs. 25 lakh to finance the travel. Bajaj Finserv Personal Loan comes with several unique benefits that help you manage your travel expenses in the best possible way. Instant approval and quick disbursals You can avail Bajaj Finserv personal loan approval within 5 minutes and get money in your bank in 24 hours, just by applying on company's website or through Experia app. You need to fill in the basic details that calculates the eligibility and once all the detail meets the criteria's, loan is approved immediately.   A high loan amount of up to Rs. 25 lakh Bajaj Finserv Personal Loan comes with a high loan limit of Rs. 25 lakh, and features a flexible tenor that ranges between 24 months and 60 months. This ensures that repayment is easy.   Unsecured loans with no guarantor Bajaj Finserv offers an unsecured loan that will not ask for any kind of security or collateral for a travel loan. In rare case scenario, you might get asked for collateral or a guarantor if the loan amount is very high.   Easy eligibility and pre-approved offers Bajaj Finserv Personal Loan for Travel offers funds with minimal documentation. Once you become a customer, you can also enjoy several pre-approved offers in the future.   Online account management Whether you are at home or on your way to the office, you can get complete access to your account through a dedicated online customer portal. The account provided with a Bajaj Finserv Personal Loan will help you track payments, check status, and acquire all the important information pertaining to your loan.