Travel Loan
Some travel for fun, others for relaxation, while some for adventure. Travelling is no longer a restricted luxury. And with Freo Personal Loan that can be used as a travel loan, all you need to do is decide on your destination, and off you go!
Freo Travel Loan Features & Benefits
Approvals are instant and in real-time and you get a credit line of up to ₹ 5 Lakh.
You can withdraw as little as ₹ 3,000 or as high as your approved limit.
You need to pay interest only on the amount used.
The credit card lets you withdraw 100% cash in one go or you can swipe it as many times as you want to.
Flexible repayment options where you can convert your card spends into affordable EMIs with convenient payment periods that range from 2 months to 36 months.
The only documents you need are your ID proof and address proof to start with.
Eligibility Criteria
Must be a full-time salaried employee with a minimum take-home salary of ₹30,000/month
or
Must be a self-employed professional with an income of at least ₹30,000/month.
(Only certain professionals like doctors, lawyers, or business owners qualify)
Must be above 23 years and below 55 years of age
Must be a resident of one of the following cities:
Required Documents
Pan Card Number
Professional Selfie
To be taken on the Freo App
Address Proof
Valid Driving License / Valid Passport / Aadhar Card
ID Proof
Valid Driving License / Valid Passport / Voter’s ID / Aadhar Card / Pan Card
Reasons you are here
Looking for a break from your routine life
Want to spend some quality time with your family
Wish to explore new places
Crave an adventure trip
Want to celebrate with your spouse
Need a relaxing and rejuvenating holiday
Check off a destination from your bucket list
Planning a destination wedding
Why Use Freo Line of Credit for Travelling?
An affordable loan for travelling that meets your needs and suits your wallet.
Flexibility to pay in advance for your vacations, bookings, activities and accommodations.
Freedom to keep some extra cash for shopping and other expenses as and when you need.
Lets you save on interest and helps you monitor your travel spend.
Liberty to use your credit line if any unexpected expense or an emergency arises.
Vacation Financing Tips
Don’t overindulge in activities and avoid impulsive shopping.
Prepare your repayment plan in advance and budget accordingly.
Use a conventional credit card to pay for the vacation of your dreams only if you can make the most of its features like easy access to airport lounges, free insurance cover and flyer rewards.
Don’t forget that you may have to pay foreign currency conversion fees along with ongoing annual fees.
If you use your credit card for cash advances, you would need to pay a considerably high APR.
