Who doesn’t love to travel? The idea of exploring new places, soaking in different cultures, and creating unforgettable memories is one of the best things you can do, right? However, the biggest hurdle often isn’t the desire to travel but the hefty price tag on flight tickets. We’ve all been there, where we are excited to travel the world, but the expensive flight tickets hold us back. So, is there any solution? Absolutely! Buying flight tickets on EMI using digital loan apps.
Yes, that’s possible. Let’s find out the various reliable online loan app that can help you.
How Loan Apps Simplify Booking Flight Tickets on EMI?
There are several loan app online that offer personal loans in just a few minutes, from the comfort of your home. Here is how the flexibility of personal loans from digital platforms makes a difference:
Instant Cash Disbursal
Once your loan is approved by an online loan app, the money is often disbursed directly into your bank account within minutes or a few hours, depending on the lender. This means you have the cash readily available to book your flight ticket immediately.
No Credit Card Required
Many of these apps are great for people who don’t have a credit card or a high credit limit. This allows more people to afford flight tickets by paying in easy monthly instalments.
Flexible Loan Usage
Personal loans from an online loan app come with no end-use restrictions. This means you can use the disbursed amount not just for flight tickets, but also for accommodation, travel insurance, and local transport.
Top Digital Loan Platforms in the Market
When it comes to quick digital loans in India, several platforms have made their space in the market. Let’s take a look at some of the top options that can help you finance your travel dreams:
True Balance
True Balance positions itself as a comprehensive financial services platform. They offer quick loans with minimal documentation. They are known for their user-friendly app and aim to make borrowing accessible to a wide audience. With over 30 lakh happy customers, they have gained trust and disbursed more than 7000 crore loan amount. Their loans can be a great option for covering flight ticket costs, offering flexibility in repayment.
Fibe
Fibe is another name in the market that offers an entirely digital application process for personal loans. The entire loan application and approval journey can be completed effortlessly online, eliminating the need for long queues and heavy paperwork. The Fibe online loan app is designed to offer loans with highly flexible tenures, allowing you to select a repayment period that comfortably fits your financial planning, mitigating your financial burden.
Kissht
Serving as a reliable personal loan application, Kissht is dedicated to providing crucial support for several financial needs. This loan app offers access to online loans for amounts up to an impressive ₹5 lakhs, making it suitable for both smaller and larger financial requirements. It’s known for its quick approvals and a variety of flexible repayment options, giving you peace of mind and control over your loan management. Kissht focuses on efficiency, convenience, and a simple digital experience to get you flying sooner.
mPokket
Widely favoured amongst students, salaried employees, and self-employed individuals, mPokket stands out for its commitment to providing a seamless online loan experience that requires minimal documentation. They’re known for approving loans within a remarkable 7 minutes, ensuring you can access much-needed money precisely when urgent financial needs, like a last-minute flight booking, arise.
How to Apply for a Loan Through a Digital Loan App?
Online loan apply through these digital platforms is a surprisingly straightforward process. Listed below are the steps:
- Download the App: Get your chosen loan app from your app store.
- Register: Sign up with your mobile number and email, then provide your basic personal details.
- Check Eligibility: Enter your income, employment type, and location for a quick eligibility check.
- Choose Loan & Tenure: Select your desired loan amount and a repayment period that fits your budget.
- Upload Documents: Easily upload digital copies of your KYC documents (Aadhar, PAN) and income proof.
- Receive Money: The money is quickly disbursed to your bank account, ready for your flight tickets!
Wrapping Up
In this technologically advanced world, expensive flight tickets no longer have to put your travel dreams on hold. With user-friendly digital loan platforms, flying to your dream destination on EMI is no longer a dream but a reality. These platforms allow you to split the cost of your airfare into manageable monthly payments, helping you travel without putting pressure on your immediate finances.
Among the various excellent options available, True Balance stands out for its commitment to simplifying financial services. Offering loan amounts up to ₹2 lakhs with interest rates starting as low as 2.4% per month, it also gives you the flexibility to repay early, a great advantage for anyone looking to stay financially ahead.
Download the True Balance app today and explore how easy it is to get your flight ticket on EMI.