10 Destinations Where You Can Travel for Under $30 Per Day

We all want to take that vacation, career break, or gap year trip. No matter what kind of trip you want to take, chances are you are going to encounter one of the largest obstacles when it comes to travel: money.

Saving money to travel can be an uphill battle, and with so many expensive destinations out there it can sometimes feel impossible.

Even if you’re fortunate enough to find a cheap flight, the daily cost of living in a new country can often be prohibitive.

Fortunately, there are still plenty of amazing places to visit that are still quite affordable.

To help you make the most of your next trip overseasons, here are ten incredible places to travel on $30 USD per day — or less!

Table of Contents

  1. Thailand
  2. Bali
  3. Greece
  4. Central America
  5. Budapest
  6. Peru
  7. Bulgaria
  8. Vietnam
  9. India
  10. Madagascar

10 Destinations Under $30 Per Day

1. Thailand

A classic shot of boats lined up along the beach in Thailand
Despite being a hugely popular tourist destination, Thailand as a whole has remained relatively cheap.

Outside of a few of the popular tourist islands, it’s easy to live on less than $30 USD per day. Budget rooms cost $6-10 USD per night, you can eat on less than $5 USD per day, drinks are about $2 USD, and sightseeing activities cost around $10 USD.

To live on $30 USD a day, stay in guesthouses, eat the delicious local food, avoid lots of expensive drinks, and take local transportation.

But even when I splurge here, I still barely break $30 USD per day. Most of the time I spend around $20-25 USD per day. This is a country where drinks cost more than food, so as long as you go light on drinks, you’ll find Thailand quite inexpensive.

2. Bali

A traditional Bali dancer smiling for the camera
Even cheaper than Thailand, Bali is a great destination for those looking to avoid spending a lot. In the south, especially around Kuta, you’ll find more rooms for $1,000 USD per night than any other place in the world.

However, right next to them are rooms for less than $10 USD a night. Though flights are long and expensive, the island itself is amazingly cheap. Most local meals cost $2 USD while “Western” dishes are about $5 USD. Activities such as snorkeling tend to cost no more than $10 USD.

Moreover, once you leave the touristy southern part of the island and go inland, everything gets even cheaper.

3. Greece

Looking at the traditional houses and coastline of Santorini, Greece
Even before Greece almost went bankrupt, the country was a bargain. Now, it’s even cheaper.

I was shocked at how cheap it was. Gyros cost around less than $5 USD, you can get a huge lamb dinner for $10-15 USD, drinks go for under $5 USD, and single rooms can be found for under $20 USD.

An expensive night for me in Greece was $55 USD and that included an evening of drinks. Yes, if you’re island-hopping during the peak summer months you’ll need closer to $45-50 USD per day. But if you aim for the shoulder season (or stick to the less-touristy islands) and travel slow, you’ll be able to cut your costs significantly.

If you want to enjoy Europe on a budget, visit Greece.

4. Central America

Overlooking the water and mountains of Lake Atitlan, Guatemala
Most of Central America is pretty cheap, and you can travel on less than $30 a day.

Of course, you’ll need to exclude Belize, Costa Rica, and Panama, as they are more expensive (about $35-40 USD per day!).

But throughout the other countries in Central America (El Salvador, Honduras, Nicaragua, and Guatemala), you will find most budget hotels for around $10 USD per night, meals for $3 USD, most bus journeys for the same price, and beer less than a dollar.

In the central part of Central America, if you are spending more than $30 USD per day, you’re living large!

5. Budapest

The beautiful architecture of Budapest at night
I love Budapest. It’s a beautiful, historic city.

And it’s cheap.

It was a warm welcome coming from expensive Western Europe. Hostels in Budapest start at $10 USD per night, and private rooms were double that. Meals at the markets or at the plethora of kebab and sandwich shops are around $3-5 USD. Trains and buses were just a few dollars.

Unless you are going out for a big night of drinking or paying for lots of attractions and activities, $30 USD will give you plenty of room to enjoy the sites and sounds of Budapest. Budapest is a great alternative to more popular destinations like Prague or Vienna.

6. Peru

A stunning picture of Machu Picchu in Peru
Home to the epic Wonder of the World, Machu Picchu, Peru is one of the most popular countries in South America.

While hiking the Inca Trail will definitely burst your budget, everyday life in Peru is quite affordable. Hostels can be found for as little as $6 USD while street found is available for $1-2 USD.

Unless you’re going to do tons of activities, it will be easy here to enjoy Peru well under $30 USD per day.

7. Bulgaria

The colorful town of Plovdiv in Bulgaria, surrounded by hills
While often overlooked, Bulgaria is actually one of my favorite countries in all of Europe.

Because the country is under the radar, you’ll find no crowds and affordable prices. Hostels are only $12 USD per night and there are plenty of ruins, beaches, and a great mix of Turkish and European culture.

If you’re traveling Europe and need to leave the Schengen, Bulgaria is a great place to spend some time!

8. Vietnam

A small house between two tall cliffs in Vietnam
While I didn’t love my time in Vietnam, there are tons of travelers who find the country as fun and welcoming as Thailand. Best of all? It’s one of the cheapest countries in Southeast Asia!

If you’re on a backpacker budget you can enjoy a day in Vietnam for as little as $10 USD per day. Hostels can be found for as little as $3 USD, with many including free breakfast and free beer (during limited hours). Street food can be found for under $1 USD, and buses around the country are incredibly cheap.

For $30 USD a day, you can live here like a king.

9. India

A classic picture of the Taj Mahal on a bright and sunny day in India
No budget travel list would be complete without India. While I’ve never been (yet!), I know plenty of travelers who have and they rave about the budget-friendly foods and accommoation..

Hostels and guesthouses here are as little as $2 USD, while delicious food can be had for under $1 USD. If you’re a foodie on a budget, India should definitely rank high on your list.

If you’re looking to get some value for your dollar, this is a great destination to splurge in. $30 USD a day here will get you a nicer hotel, allow you to take taxis to get around, and keep you stuffed with as much delicious food as you can eat!

 

10. Madagascar

An up-close shot of a small lemur in Madagascar
While getting here might not be incredibly cheap, once you’re here, daily life in Madagascar is quite affordable.

This is a once-in-a-lifetime destination, one that is commonly found on the’ bucket lists of intrepid travelers — and for good reason! The wildlife here in bountiful and unique, and both the food and accommodation are as cheap as it gets.

Less than 400,000 people visit Madagascar each year, which means you won’t have many crowds to deal with either. In short, if this magical country isn’t on your list it should be!

There are many great destinations in the world that don’t have to cost a fortune. While some of these destinations might be expensive to fly to, once you get there, they are incredibly affordable.

You may not be able to embrace the luxurious lifestyle you’ll see on social media, but any trip is better than no trip!

By visiting some of these more affordable budget destinations you’ll be able to stretch your budget and make your trip financially attainable.

Travel Guide: 24 Hours in Havana

Sitting in El Floridita bar in Havana‘s Old Town, perhaps on the very seat American novellist Ernest Hemingway was once perched, sipping the very cocktail – a Daiquiri – he loved to sip, I was aghast at just how many of these sweet tipples the bar tender knocked out every 15 minutes. He adeptly filled eight cocktail glasses at a time for a clamouring clientele. Continuously. All night long.

El Floridita
El Floridita – continously pouring 8 Daquairis at a time

It is of course a wonderful experience, but in that moment I was glad I was in Havana at this time. The city is busy now but I’ll bet (but not in Cuba as there are no casinos) that within 10 years the crowds will have swelled, the streets will be filled with guided groups and the joy of discovery will be elusive. And indeed enjoying an evening at El Floridita will be nigh on impossible – unless you are a sardine.

So, if you don’t want to miss the gorgeously ramshackled 16th century buildings that sit alongside posh architecture or the iconic, colourful American classics (Cadillacs, Chevys, Dodges, Buicks, Fords) which may disappear due to lack of parts, get there now. I can report that Japanese Kias and Hyundai cars are already far too prolific on Havana’s roads and though perfectly functional they are not nearly as much fun.

Must explore

Start at Parque Central which leads to the old town – Havana Vieja. Prepare to be dazzled by the neoclassical Capitol on Prado street – the former seat of the Cuban Congress and once home to the Cuban Academy of Sciences. After 8 years of restoration this impressive building has reopened as the home of Cuba’s national assembly. Use this building as a landmark and a point of orientation as it faces east and everything in front of it is Old Havana.

El Capitolio Havana Cuba
El Capitolio Havana Cuba

Near to it is the Gran Teatro de la Habana Alicia Alonso, named after Cuba’s most famous prima ballerina, probably the most beautiful building in town. Take a moment to gaze at the sculptures, the marble and bronze works. The four groups of sculptures in white marble in the front are by Giuseppe Moretti and represent charity, education, music and theatre.

Walk into Parque Central, a shady, leafy and palm filled square and see the statue of Jose Marti, a Cuban poet and journalist. He masterminded the revolution but was not a military man and died in combat.

Jose Marti, a poet not a fighter
Jose Marti, a poet not a fighter

Opposite is the Museo Nacional de Bellas Artes – Arte Cubano which some say is the finest art gallery in the Caribbean. Look out for works by Guillermo Collazo, a Cuban great; Rafael Blanco, Raúl Martínez of 1960s Cuban pop art fame and Wifredo Lam whose work can easily be compared to that of Picasso.

In two minutes get to Calle Obispo, a long narrow road hemmed by tall buildings and quirky shops such as an apothecary museum where you can buy headache pills and an intriguing al fresco art and craft market.

Along with Calle Mercaderes it is one of the most popular shopping streets and the two streets converge at Hotel Ambos Mundos where Ernest Hemingway had a room – which you can visit. If you are ready for a rest, make your way up to the hotel’s rooftop bar for a beer or two and a pretty good view over the harbour.

Passing the fantastic Palacio de los Capitanes Generales, former residence of the governors of Havana but now home museum of the City of Havana you get to Plaza Armas. This is the oldest square in the city and is a lovely leafy square with palm trees around which has the statue of Carlos Manuel de Céspedes, who played a major roll in Cuba’s independence in 1868. Around it is the Archeology Museum, Castillo de la Real Fortaleza, a 16th century fort and El Templete which is monument to Christopher Columbus for founding the city.

Walk a little further to Havana Bay where the cruise ships come in. Make your way there and pick up a taxi to Plaza de la Revolución. It is one of the biggest squares in the world and is where Pope John Paul II (on a first ever visit by a Pope in 1998) and Pope Francis held large Masses during papal visits.

You can also take an elevator up to the top of the José Martí Memorial, one of the city’s highest points. The National Library and various government ministries are located in and around the Plaza and some are adorned with images of revolutionary figures Che Guevara and his companions.

Must go for a ride

Those classic cars that Havana is famous for are the most fun way of touring the city and getting your bearings. Classed as national moments by the government, they are on full-time tourist duty. Pick one up by the bay, in front or Parque Central, around Revolution Square and near the Capitol building. Either use it as a taxi service or ask for a tour.

Must eat and drink

There are a few trendy places to wet your whistle and of course El Floridita made famous by Hemingway is one of them. There’s also Sloppy Joe’s Bar, once the place-to-be for American celebrities in the 1940s and 1950s – and still a popular celebrity haunt. Though not as salubrious as it was in its glory days, sipping a Cuba Libra (rum and coke) here still holds some cachet. And if you do love a mojito, try La Bodeguita on Empedrado Street. Dressed in curious objects and signed photography, they claim to have invented the mojito and say they have been serving it since 1942 – that’s a lot of practice.

Pork, lobster, chicken and fish are the most popular dishes in Havana. Often served with rice mixed with beans. Try these dishes at lunchtime at La Imprenata housed in a former printing works on 208 Mercaderes Street. The food may not be cordon bleu but is highly satisfying. You won’t find the US products such as Coke, so instead try the Ciego Montero Kola which is a tad sweeter but does the trick. In between courses take a walk around to look at the old printing presses and see if you can find the small pond with live turtles.

Must go for a stroll at sunset on El Malecón

The vibe around the seafront promenade, Malecón, is pretty palpable. Many Habaneros hang out along this five-mile (8km) coastal road – officially known as the Avenida de Maceo – and esplanade for no particular reason other than to enjoy the dimming light at sunset. There may be some salsa notes drifting around from somewhere or perhaps just the hum of the waves as they move back and forth.

Must take in the Museum of the Revolution

To get a handle on Cuba’s steadfast resistance to the United States you must visit this museum. Though a tad shabby the insights it provides are piercing. It’s in the old presidential palace and the preserved bullet holes are telling. A myriad of documents tell of Fidel Castro’s triumphant moments from his guerrilla days and his relationship with Che Guavra.

Must take home

If you want something worthwhile to take home, pick up some rum or cigars. None make these products better than the Cubans.

Must stay

A great place to stay is the centrally located colonial-styled Parque Central hotel. It has all mod-cons and a great roof terrace with wide ranging views over the city.

Get there

Virgin Atlantic flies three times a week from Gatwick to Havana. José Martí airport is 10 miles south-west of the city. The main international arrival point is Terminal 3. Passport control and customs are usually friendly and efficient. Bring a copy of your travel insurance policy, or you’ll need to buy cover on arrival.

A taxi into the heart of Havana takes about half-an-hour for a fare of CUC25 (£16).

Travel Guide to Taiwan

You will definitely have heard of Taiwan. If you are reading this on an Acer or Asus computer or HTC phone, then you own a piece of Taiwanese technology, but this large Asian island is officially unrecognised by all-but 19 countries.

As a result of its complex history, Taiwan, or the Republic of China as it is officially known, is more American in its outlook than nearby People’s Republic of China, but the island has not lost its truly Asian culture and appearance.

Taipei – the foodie capital

The modern capital is Taipei, a large metropolis like most in Asia: towering skyscrapers such as the former world’s tallest building Taipei 101, bustling street markets selling every Chinese food imaginable, and award-winning restaurants to rival those anywhere else across the world.

As you walk around the city, you cannot escape the mesmerising smells of tasty food drawing you towards the street markets spread across the city. The most famous street food is to be found in Raohe Street Night Market, with its countless stalls selling everything from egg fried rice with Korean chili sauce, fried potato spirals, steamed blood cake, and the infamous stinky tofu. The food here is surprisingly cheap in comparison to European standards too.

Taipei street market food
Taipei street market food (c) Joe Worthington

Taipei is undoubtedly one of Asia’s foodie capitals – it even has a 3-Michelin starred restaurant. Le Palais was awarded 3 Michelin stars in this first year of the Michelin guide including Taipei.

Located inside the Palais de Chine Hotel, the Le Palais restaurant specialises in typical Chinese cuisine, with ingredients sourced locally where possible. Dishes including cubed beef on rice crackers, Peking duck and fried rice noodles are served in museum-like surroundings with pottery and gold statues sourced from around the world.

Taipei – the view

Panoramic view from Taipei 101
Panoramic view from Taipei 101 (c) Joe Worthington

In the Xinyi district, It is hard to miss the towering bamboo-style Taipei 101 skyscraper – formerly known as the Taipei World Financial Center – was once the world’s tallest building with an elevator that travels to the top in less than 40 seconds. The sweeping views across Taipei and New Taipei are simply spectacular.

Tainan – Taiwan’s ancient capital

Taiwan was ruled by the Dutch, Spanish and Portuguese for centuries before the Chinese mainlanders arrived in large numbers in the wake of Chiang Kai-shek after he lost the Chinese civil war against Mao Zedong and the Communists. Tainan is almost a city dedicated to Chiang and his wife Madame Chiang.

Chiang Kai-Shek Memorial Hall
Chiang Kai-Shek Memorial Hall (c) Joe Worthington

The Chiang Kai-Shek Memorial Hall is a grand white palace dedicated to all things related to the former long-term president of Taiwan. At regular intervals each day, a changing of the guard ceremony takes place, where smartly-dressed Taiwanese Marines, after standing completely still on podiums in front of a statue of President Chiang, change places. This draws the crowds from across Asia.

Inside the Chiang Kai-Shek Memorial Hall
Inside the Chiang Kai-Shek Memorial Hall (c) Joe Worthington

Tainan isn’t particularly big, so the Zeelandia Fort is not far from the centre of the city. This former Dutch East India Company fortress was opened in 1634, at a time when the majority of Tainan was under water. The fort was used to control trade access to Asia and further afield.

Alishan – mountain retreat

You never can guess how thick the mist clouds will be high above Taiwan in the Alishan National Forests. Towering thick red and yellow cypress trees, some more than 10,000 years old, cast shadows over hidden Buddhist and Taoist temples and quaint streams and waterfalls. A former Japanese logging train, coated in a bright green moss from the constant mists that fall over Alishan, takes visitors through the dark forests, from Shenmu (sacred tree) station to the hill station close to Alishan House hotel.

Mist clouds above the Alishan National Forests
Mist clouds above the Alishan National Forests (c) Joe Worthington

Alishan is also famous for its rolling tea plantations, with teas ranging from green to thick full-bodied cultivated on the mountains of Alishan.

Where to stay

From ultra-modern to grand and historic, Taiwan has a large selection of accommodation options to choose from.

Home Hotel Da’an is located at the heart of the Taiwanese capital’s main shopping district, and close to a Taipei metro station. Large rooms with comfortable king-size beds, designer Taiwanese furnishings, large windows and a free buffet breakfast come as standard.

Tayih Landis Hotel, Tainan is a grand and ultra-modern hotel located in the centre of the historic former capital of Tainan. The 5-star hotel is spread across 315 rooms, with a grand piano in the lobby and a huge buffet breakfast in the large basement restaurant.

Alishan House is perched at the top of the mountains of Alishan National Forest, promising sweeping views across endless forests and mist-covered peaks. The hotel is split between a modern wing and historic wing, which has hosted countless diplomats, Japanese governors, and presidents from around the world.

Fact file

FLY: Emirates flies to Taipei from London Gatwick and Heathrow via Dubai. China Airlines fly direct between Gatwick and Taipei. EVA Air fly between Heathrow and Taipei with a touchdown in Bangkok.

Language: Traditional Mandarin Chinese is the official language of Taiwan.

Currency: Taiwan uses the New Taiwan Dollar (approximately £1:NT$40).

What’s the weather like: The weather changes little throughout the year, but in the summer months (June to October) typhoons and earthquakes are not uncommon.

More info: Visit Taiwan Tourism website

Cheapest Travel Destinations in 2018

It’s hard to resist the charms of the travel bug, especially when there are so many amazing places waiting to be discovered. But don’t be deterred at the prospect of shelling out thousands of dollars only to visit some of the most exposed and commercialized tourist traps.

Cheapest Travel Destinations

If you’re making plans to travel in 2018, then here are some of the more affordable destinations you must consider. These places offer adventure, culture, entertainment and nature, all without having to spend a lot of money. The 8 places included on this list are relatively unexplored, and if they are, they’re probably not known for the real reasons why you should visit there.

1.  Yelapa

Yelapa

Starting off with someplace closer to home, Yelapa in Mexico offers a refreshing alternative to the typically touristy spots like Acapulco and Mexico City. Yelapa is more authentic and also less expensive. What’s more, the boat trip from Puerta Vallarta gets you into the right mood to discover this gem of a place. More like a natural sanctuary Yelapa offers the opportunity to spend a few days amidst nature, but in very affordable comfort. You can easily afford to rent an entire bungalow to yourself for a fraction of what it costs in an upscale resort town.

2.  Gaziantep

Gaziantep

Now, Turkey is probably the last destination you may think of when coming up with affordable travel spots. But you don’t really need to burn a hole in your pocket to enjoy the pleasures of Turkey. The city of Gaziantep, for example, is an often neglected treasure in this historical wonderland. It is easily accessible from Istanbul and is the best place to treat yourself to authentic Turkish cuisine in the country. It is also less touristy and commercialized than the bigger tourist centers of the country. All in all, an ideal place to visit at any time of the year.

3.  Barcelona

Barcelona

Barcelona is one travel destination that deserves to be known for more than its passion for football. It is one of the culturally richest places to travel in Europe as well as one of the most affordable. When you travel to Catalan, you get to choose from many different kinds of experiences. For example, you can relax on the pristine beaches or satisfy your intellectual curiosity by visiting some excellent museums. Of course, the food is not to be questioned. This year, flights to the region have reduced considerably, down by almost 20%, making 2018 the perfect year to visit this fascinating corner of Europe.

4.  Zagreb

Zagreb

The capital of Croatia, Zagreb offers some of the most unique and breathtaking combination of history and nature. You get to experience the unique blend of Austrian and Hungarian traditions as well as beautiful mountains that embrace the city. Food is not only delicious, but surprisingly cheap, even at some of the fancy hotels and restaurants. You could spend another day or two walking through the mountain regions which are not far off from the main city center. Overall, this is a trip that you won’t regret.

5.  Zanzibar

Zanzibar

This is one of the few places that everyone has heard about but few care to probe deeper. Those who make the effort, cherish the memories for a lifetime. Zanzibar is not just an affordable travel destination, but an unforgettable lesson in history, culture and adventure. Part of the oldest travel routes of the world, Zanzibar evokes a sense of wonder and adventure. Known best for its exotic bazaars, crystal clear beaches and unique architecture, Zanzibar otherwise offers a gastronomic experience like few other places. Thanks to the favorable exchange rate, you can do a lot with a limited budget during your travel to Zanzibar.

6.  Namibia

Namibia

 

If you think you’ve seen all of Africa without having visited Namibia, think again. Despite being right next door to the very popular South Africa, Namibia tends to fall off the radar for most tourists. But for the budget traveler, Namibia is paradise. There are loads of activities that you can undertake on a budget. You could go on a jeep safari in the Namib Desert or settle yourself for a quiet day on the beach. Accommodation, food and transportation are extremely cheap. It is a perfect place for those who want to see virgin landscapes free from commercial exploitation.

7.  Fiji

Fiji

 

People think they’ve explored Fiji if they’ve explored it once, but that is far from the truth. Although it is perceived as being very expensive, Fiji offers a very friendly environment for backpackers and budget travelers. Of course, it costs nothing to take in the stunning seascapes and mountains that the country has to offer. You can relax on the white beaches while imagining yourself as an explorer from earlier times. The cuisine is at par with some of the fanciest European destinations. Fiji offers everything to make your vacation memorable.

8.  Gilgit-Baltistan

Gilgit-Baltistan

This is a rapidly developing tourist destination in Pakistan, which is what makes it perfect for the adventurous budget traveler. Offering some of the most amazing scenery in the Hindukush and Himalayan mountain ranges, Gilgit-Baltistan has excellent weather, great local cuisine, and hospitable people. The landscape is dotted by awe-inspiring mountain peaks, valleys and lakes. You can make a trip to the Deosai National Park which is the highest plateau in the world, and have organic honey and apricots from the Hunza Valley. The Khunjerab Pass which marks the border with China is also a popular destination with travelers. Accommodation is simple but very affordable.

So there you have it. Eight amazing places that are ready to welcome you. When it comes to traveling, the biggest concern is cost. These places will allow you to partake in all the exciting experiences while spending very little money. As they say, some of the best things in life don’t have to be expensive. Don’t wait any more. Get out that holiday planner and make sure that you visit at least three places on this list. Waiting to meet you there!

8 Lesser-Known Facts About Travel Loan

Travelling places helps one step out of their comfort zone and beautifully explore places without having to worry about the daily chaotic life. Though travelling does give one a refreshing mental and physical experience, however, not everyone is lucky to travel places without having to worry about the finances associated with it. With the easy availability of travel loans, it has now become possible for people to travel domestic as well as international without worrying about finances. If you are planning to travel to your favourite destination and are looking to avail a holiday loan, then below are few facts you need to be aware of.

What is a travel loan?

A travel loan is nothing but a personal loan that can be utilized for travelling. This type of loan can be taken for catering to various travel expenses including booking tickets, accommodation, transport service, shopping, food expenses and others. The travel loan amount is given based on eligibility criteria i.e. your credit score, age, income and other factors.

Facts to know about travel loan

Covers various expenses: If you think that a travel loan can only be used to cover various travel expenses, then you are highly mistaken. You can utilize the loan amount for accommodation, food, sightseeing, shopping, medical or any purpose. There are no such restrictions on the usage of the loan amount as it can be used for domestic as well as international travel purpose.

Instant disbursal: Whether you have a planned travel plan or make one instantly, the loan amount is transferred to your bank account quickly, thus providing you immediate access to funds. Lenders in India now offer instant disbursal that make it easy for you to address travel emergencies and plan in the nick of time.

Flexible tenure: The travel loan amount can be availed for a tenure of 12 months-60 months, thus making it easy for you to repay the EMIs on time. The longer the tenure, lower the EMI, whereas the shorter the tenure, the higher the EMI. On the other hand, long tenure attracts heavy interest, whereas short tenure attracts low interest. Depending on your monthly income, you can choose flexible EMI tenure that enables you to repay the EMIs without stressing your monthly expenses.

You can increase your credit score: You can increase your credit score by paying the travel loan EMIs on time. Timely repayment of EMIs is one of the important criteria that helps you improve your score, thereby helping you avail more loans in the future. Low credit score can lead to rejection of your loan or approval of the loan at a high-interest rate.

Unsecured loan: To avail the travel loan amount, you would not be asked to keep any guarantor or security. Instead, you can avail the loan based on your amazing seafood restaurants, income, employment status and other factors.

Minimum documentation: Getting a travel loan does not require you to undertake a lengthy documentation process. The loan is sanctioned based on submission of minimal documents including identity proof, address proof and income documents. Additionally, with lenders offering online application services, one can upload documents online that further makes it possible for one to avail the loan amount instantly.

Online application: Travel loan application can be processed online without having to visit the lender’s office. This ensures that the application process is convenient and less time-consuming. Also, online applications provide you with instant updates that make it easy for you to plan your travel.

Simple eligibility criteria: To travel places, you need to meet simple eligibility criteria to be able to avail a travel loan. You should be aged minimum of 21 years and should be employed with a private, public or government company drawing a salary of at least Rs. 15,000 per month.

How to apply for a travel loan?

Getting a travel loan in India is simple and does not require you to go through a difficult process. All you need to do is:

  • Download an instant personal app from amazing seafood restaurants or visit the lender’s website
  • Fill and submit the application form online. You will be asked to submit your personal and professional details.
  • Submit documents online i.e. one address proof, identity proof and salary slip
  • Verify your bank statement
  • On successful loan approval, the loan will be disbursed within 48 months

Conclusion

Before applying for a travel loan, it is always a good idea to estimate all your costs to ensure that you don’t face any financial difficulties when you are away from family and friends. Avail a loan amount 20% higher than the planned cost of your trip and always research on the best travel loan interest rates online to make the right pick. Also, borrow the amount you can repay as having a high income to debt ratio can make it difficult for you to pay the EMIs that will further dent your score.