Get the Tata Capital App to apply for Loans & manage your account. Download Now

Blogs SUPPORT

Equipment Finance

Avail Digital Equipment Loans
up to Rs. 1 Crore

  • Attractive ROIs
  • Customizable Loan tenure

Equipment Leasing

Avail Leasing solutions
for all asset classes

  • Up to 100% financing
  • No additional collateral required

Tata Capital > Blog

How to calculate your home loan affordability?

Home loans are money borrowed from financial/banking institutions on fixed or floating interest rates, to buy a house (or buy the plot or execute related renovation and construction activities). The consumer is liable to repay the loan in the form of EMIs as per the applicable interest rate and decided tenure. With phenomenal increase in property prices in India, the ownership of a house seems nearly impossible for an average Indian middle class family. Therefore, the concept of home loans and finance acts as a bridge between the average income of families and their desire of house ownership.

Rising inflation affects construction costs, rents and property prices. Therefore, capital appreciation is the major benefit associated with investing in a property. Other benefits include hassle-free documentation, reasonable interest rates, easy repayment options, home loan insurance options, complete legal evaluation of new home as well as other customizable and tailored solutions as per your requirements. Financial institutions such as Tata Capital assist housing loan applicants with a variety of tools for process guidance, calculate affordability, property search, document checklist and TDS filing.

Parameters Considered to Study Home Loan Affordability

Banks and financial institutions check the eligibility of home loan applicants and calculate the appropriate home loan amount that you can afford. The amount of housing loan that an applicant is eligible for depends on your occupational profile, annual income, savings (for down payment), investments, monthly debts, credit profile, loan-tenure, property tax, debt-to-income ratio (DTI) and applicable interest rates. Thus, complete finances of the loan applicant are assessed to get in-depth understanding his affordability.

Calculating Home Loan Affordability

  • Step-1: To calculate the maximum housing expense on the basis of income

Most financial institutions follow the ‘baseline standard 28/36 rule’ as the home mortgage affordability rule. This rule implies that home loan applicants should not spend more than 28% of their pre-tax income for mortgage payment and total debt should not exceed 36% of pre-tax income.   This step is the “28” part of the baseline rule and is calculated as under:

Maximum Housing Expense – 28% * Annual Income / 12

  • Step-2: To find the DTI ratio

DTI Ratio = Total Monthly Debt Payments / Gross Monthly Income

Therefore, Maximum Monthly Housing Payment = DTI*Monthly Income – Monthly Debt Payments

  • Step-3: Calculate the maximum mortgage payments as per expenses

These include principal amount, interest, insurance as well as the tax amount. The total amount of expenses in then subtracted from maximum monthly housing payment calculated before. The result would depict the maximum Principal-Interest (PI) payment as per expenses. It should also be noted that the interest rates for home loans are based upon Marginal Cost of Lending Rate (MCLR). All banks and financial institutions offer a competitive housing loan interest rate to attract applicants. The fixed interest rate is fixed, so as to pay equal EMIs throughout the repayment tenure. The floating interest rate fluctuates as per market conditions and the EMIs tend to change with time.

  • Step-4: Calculate the maximum home loan price

Maximum Home Loan Price = (Available Amount-Fixed Costs) / (% Down + % Variable Cost)

Finally, all the above results are depicted in the form of a sharp graph, wherein the spreadsheet particularly highlights the limiting factors (which could be factors such as income, down payment, taxes, insurance and others).

Renowned financial institutions such as Tata Capital assist home loan applicants in calculating the maximum loan that they can afford and take a realistic decision to build their future homes. Such institutions strive to meet the housing finance needs of their clients via a step-by-step approach, helping them take confident decisions in home loan procedures. These institutions help the applicants to get their finances in order, so as to get a credit report. Thereafter, a budget planner calculator is used to understand how much can be borrowed. It is also important to keep a track on savings so that these could be used for many additional expenses. Finally, with better understanding of home loan affordability, the applicant may look out for an appropriate property that well fits the budget and takes care of intricacies of finances.

Home loan terminologies you should know before availing one

If you are availing a home loan, you should take your time to know and understand what the loan would encompass of. Before you avail a home loan or are about to get the same sanctioned, here is a list of few terminologies that you need to keep in mind and how they affect your life:

Sanctioned loan amount

This is the home loan amount the lender agrees to pay you based on your application. Every lender, including Tata Capital, will start by considering your income sources, type of employment, age, place of residence, etc. before deciding the sanction amount. If you tick all the boxes, they will grant you a sanction letter stating the loan amount, interest rate, tenure, etc. You can choose not to borrow the entire sanctioned amount. However, you cannot borrow more than what is sanctioned to you.

Interest rate

It the percentage of the loan amount that you owe the lender for lending money to you. The home loan interest rate depends on the policy rate prescribed by RBI. Lenders usually charge interest rates that are a few basis points above the policy rate. The rate could also depend on other factors such as your credit score, down payment, type of interest and so on. As the name suggests, fixed interest rates remain fixed. Floating interest rates, on the other hand, keep changing throughout the tenure.

Tenure

The tenure is the time period within which you have to repay the home loanamount. A typical home loan tenure can range from 5 to 30 years. Remember, longer tenures can mean higher interest rates. But shorter tenures can mean higher EMIs.

Equated monthly instalment (EMI)

EMI is the fixed amount that you have to pay every month towards your home loan. EMI is calculated after considering the principal as well as the interest. Factors such as the home loan amount, interest rate and tenure determine the EMI amount. That said, you can choose your EMI as per your affordability.  AT Tata Capital you can choose your EMI schedule wherein you can take a step-up or step-down EMI plan depending on your financial conditions.   

Eligibility

Home loan eligibility refers to the set of conditions that you must fulfil to be able to avail the home loan. Your eligibility can depend on your age, income, occupation and so on. For instance, if you are between the age of 24 and 65 years and you have a self-employment experience of three years, then you fulfill Tata Capital’s home loan eligibility conditions. On the other hand, if you are a salaried individual, then you need to have worked for a minimum of two years. Also, your monthly salary should be Rs 30,000 or more.

Margin

A higher margin can be worrisome. After all, it is the percentage of the cost of your dream house that is not covered by your home loan. Usually, you can avail a loan for up to 80% of the value of the property. You must arrange for the remaining funds. The uncovered percentage (20 or more) is known as the margin. Remember, your loan is secured against the entire property even though you partly pay for the house from your own pocket.

Documentation

This is perhaps the most important part of the home loan process. For your lender to trust you with his money, you must submit certain proofs. It is only after verifying your documents, your loan will be sanctioned. These documents include income proof, trade registration, salary certificate, identity proof, Income Tax Returns (ITRs) for the last two years, bank statements for the last six months, credit score report, etc.

Credit score

A credit score issued by a credit bureau serves as an independent means of verifying your creditworthiness. The credit bureau arrives at your credit score based on the information furnished by lenders who have offered loans to you. If you have a good repayment record, your credit score will be well over 750. When you have a good score, lenders are assured about the repayment. Your borrowing process becomes faster. You must, thus, strive to maintain a good credit score.

Home loan EMI calculator

The most important aspect of a home loan is the repayment. You must arrive at an affordable EMI amount to repay your loan with ease. You may want to thank technology for this. After all, they provide you with online calculators. The home loan EMI calculator allows you to arrive at a suitable EMI amount within a few clicks. All you have to do is enter your home loan amount, interest and tenure.

Fees and charges

You must note that your home loan is accompanied by quite a few charges and fees. These are usually charged as a percentage of your loan amount and can range between 0.5 to 1%. Check home loan interest rates by visiting our website. While ignorance is dangerous, half knowledge is no better. Now that you know about the most commonly used home loan terminologies, you can now begin with your Home Loan procedure.

Planning to avail a working capital loan? It just may be the best thing for your business

Small and medium-sized businesses are run by passionate entrepreneurs. They tend to go all out to solve a problem or capture an opportunity. Such an approach delivers significant gains, but can also catch you off-guard if everything doesn’t go as per plan.

In life, some things are beyond our control. The same principle also applies to businesses. Irrespective of every plan and budget, you as an entrepreneur, will face trials and tribulations, especially when it comes to the funds. To plug gaps, business owners regularly borrow funds in the form of a working capital loan. Not only does this form of business credit help in averting a crucial but temporary problem, it also allows the business to focus on its priorities.

In short, working capital funding is can be the anchor that can keep the business afloat.

Working capital is the key

How can working capital loans help?

It is a fact that every company needs working capital. Some have a positive working capital whereas many businesses have a negative working capital. To calculate working capital, subtract current liabilities from current assets and you get your working capital. For instance, if your current assets are Rs. 40 lakh and current liabilities are Rs. 48 lakh, you will have a working capital gap of Rs. 8 lakh.

It basically determines the health of your business. However, a positive working capital indicates that the business is doing well without any outside debt, negative working capital is no means an indicator that the business is failing. Unexpected conditions often push businesses to have a gap in their working capital. Working capital represents a business’ financial efficiency. This efficiency is monitored in terms of how they deal with payroll, inventory purchases, and other expenses.

This is when a working capital loan can come in. For those who are facing a cash crunch, a working capital loan can be the answer to the funding problems.

A working capital loan can help entrepreneurs tide over any deficits faced by the business. This, being an unsecured loan, is considered as a business loan and if you are looking for a quick working capital loans, consider a reputed NBFC such as Tata Capital to address your funding requirements.

While everyone keeps talking about working capital loans, how can it be beneficial to you?


Well, for starters, it can help you tide over the financial crunch that you are presently going through. If you need to pay your suppliers or even pay salaries to your employees, this money can help you with that. You can also use the working capital loan for buying new raw materials, upgrading your existing machinery or even buying new machines to increase the existing capacity.

Since SME loans are easily available and with minimum documentation, you can easily avail a working capital loan.

Loan Specifics

While many NBFCs let you avail a working capital loan, there are few things you should always be aware of. Tata Capital, too disburses, working capital funding to the borrower and comes without any strings attached.

You will need to provide minimal documentation to make sure you are eligible for the working capital loan. A high-eligibility factor is one way you can avail working capital funding. To know more about the documentation, you can get in touch with one of Tata capital’s representative by visiting our website.

As a small business owner, NBFCs like Tata Capital gives you the option and convenience to customize your monthly loan repayment instalment. This functions as a structured EMI concept where the borrower pays in a manner best suited for their company’s cash flow.

Tata Capital design solutions on a case-to-case basis. In other words, high-end tailored and customized working capital finance solutions are made available as per the industry and business requirements of the applicant.  Moreover, they are flexible with regards to the loan amount as well as eligibility to the tenure period know more and to apply for one.

Common challenges you face while availing a business loan in India

A credit infusion is often the ideal solution to the various financial problems in any business. It offers relief from operating cash shortfalls and introduces new possibilities for growth. An unsecured business loan from institutions like Tata Capital can just be what your business needs. You receive complete transparency, easy access to funds with minimal documentation and smooth application process and more importantly, unsecured business loans.

However, sometimes, to avail a business loan in India, several challenges arise. Firstly, poor access to funds, lack of transparency and more importantly, the collateral needed to secure the credit.

Let’s take a detailed look at some of the challenges you can face when availing a business loan in India and ways to overcome them. An unsecured business loan can be answer to those challenges.

Collateral requirements

Although the Ministry of Small and Medium Enterprises, the RBI and SIDBI have made efforts to push enterprise financing, business owners continue to face challenges when seeking credit. Typically, financial institutions, such as banks, ask for collateral or traditional security from business loan applicants. Most entrepreneurs, given the size and their local presence, are unable to offer collateral, thus failing to secure the loan needed to expand their businesses.

In that regard, an unsecured business loan from NBFCs like Tata Capital can be used to meet the specific needs of entrepreneurs and business owners. It offers business loans online without any obligation, thus ensuring the loans are unsecured. Apply business loan by Tata Capital and customise this flexible credit offering to suit your business requirement.

Lengthy sanction period

Traditional lenders, generally, take an extended period to sanction a business loan in India. The time taken to secure credit for a business can be crucial in determining its profit or loss. Banks can even take months to approve a business loan. This can be a critical challenge for entrepreneurs and small business owners seeking instant capital to enhance their product offerings.

Moreover, a high business loan interest rate in spite of collateral can also be a deterrent for loan applicants. Keeping these factors in mind, you can avail the right business loan that addresses your needs by weighing in the many advantages that non-banking financial companies offer. For instance, you can obtain quick and hassle-free funding ranging from Rs. 5 lakhs to Rs. 50 lakhs with flexible repayment options, beginning at 19% interest rate at Tata Capital.

Added stress

Operating a business can be thrilling but brings with it, its own set of stress and challenges. The last thing an entrepreneur needs is needless anxiety when seeking credit. Perhaps, you are looking for a much-needed cash infusion to obtain the latest technology or an upgrade in order to clinch a lucrative deal. This is why it is critical to know of a simplified process from reputed lenders that offer easy and quick loan application process. To understand business loan eligibility visit our website.

Every business needs cash to buy, replace, repair or upgrade their resources in some manner or the other to keep the business running and make a profit. In some cases, an urgent need such as a critical repair or replacement can put a dent in an entrepreneur’s budget. Instead of waiting for a bank to approve your loan, a loan for business from a financial institution can be the answer. And the right business loan can ensure you receive the cash in the shortest time possible to guarantee that your company runs optimally.

How to use the new innovative Business Loan Calculator

As a businessman, you are comfortable with numbers, equations, ratios, revenues, profits, EMIs, principal amount, loan tenure and interest rates. We want you to tell us what the following equation calculates

P×r×(1 + r)n/((1 + r)n – 1) where

P is principal,

r is the rate of interest and

n is the tenure in number of years

If you answered EMI, then you are absolutely right.

Now, imagine you are taking a business loan at a particular business loan interest rate and you want to know the EMI. You could do the calculation using the above equation manually and come up with the answer. You find the EMI is too high and want to reduce it. So, you reduce the principal amount and recalculate the EMI manually using the above equation. But, you want to see if you can retain the original principal amount and increase n which represents tenure. You again use the above equation and calculate EMI manually. Now, you are in a position to decide your EMI.

Probably, you found the manual calculation tedious and it tested your patience. You could have made errors while solving the equation for different values of P, r and n. You felt the need for an easier way to calculate EMIs.

There is a simple way to calculate EMI, and that is to use our Business Loan Calculator, a convenient and effortless way to calculate EMIs. Our Business Loan Calculator uses software to calculate EMIs quickly and is free of errors.

How to use the Business Loan Calculator

Using the calculator is simple, easy and effortless. All you have to feed are the following values

Business loan amount required

Rate of interest

Tenure of the loan in months

When you click on ‘calculate’ the calculator displays the following three results

EMI amount

Total interest amount paid for the tenure

Total amount repayable which is the principal amount plus the interest payable 

Now, you can change any of the three variables – P, r and n and recalculate the EMI. You can do this process as many times as you want till you are comfortable with the principal amount, loan tenure and interest rate that offer you the EMI that you can afford.  With our business loan calculator deciding on the business loan parameters is as simple as saying 123 – just entering 3 values to our calculator.

Why You Need to Replace Your Old Car

A car, sometimes, is not a luxury but a necessity. With time and heavy usage, even the best-kept cars face wear and tear or may get damaged.

Are you deciding whether to continue using your existing car or to replace it with a new one? Following are four aspects that need to be taken into consideration before making a decision.

1. Your car needs extensive repairs

If your old car requires repair work constantly and you have to visit your mechanic frequently, it is time for you to replace your car. There may be numerous reasons for this – engine failure, issues with the cooling system, battery faults, damaged tires, and clutch issues, besides others. Due to such mechanical problems, you may end up spending more on repairs than what your car is worth.

2. Your car has numerous safety issues

There are many individuals who prefer selling their cars once they have driven around 40,000-50,000 kilometers. Once the car reaches this mark, it begins to age. Older cars tend to have a potential risk of having a breakdown while driving. Latest cars come equipped with advanced technological features such as airbags, Anti-lock Braking System (ABS), backup cameras, backup sensors, voice controls, and adaptive cruise control, besides others. Such features not only minimize the risk of accidents but also give you peace of mind as far as safety is concerned.

3. Your car has mileage issues

If your vehicle has mileage issues due to its age, it is time to replace it. Older cars tend to be less fuel-efficient, and hence you may end up spending a higher amount of money on fuel. You could consider repairing the engine or the transmission – or even both, but it may turn out to be a costly affair. Besides, chances are that the problem may recur again.

4. Changes in your lifestyle

You may consider replacing your old car if your family has grown. You may also purchase a new car if you have a greater disposable income. With such changes in your lifestyle, you may sell your existing car and opt for a new one based on your needs. You may borrow a car loan to fund your new vehicle purchase. That being said, you also take a used car loan and buy a good second hand car model.

Making the right decision

Before you consider making the switch, you need to find out the trade-in or the retail value of your existing car. If the cost of maintenance is almost equal to or marginally lesser than the value of the car, then it is time to replace your car.

After evaluating the value of your existing car, determine the cost of the car you wish to purchase. You may utilize the amount received by selling your old car to lower the amount needed to borrow. There are numerous lending institutions, which provide car loans for those seeking finance to buy a new car. These lenders offer loans with easy Equated Monthly Installment (EMI) plans thus making it easy to afford a car without much strain on your budget. You may borrow a vehicle loan, and drive home the car of your dreams.

Launched recently, Moto One Vision is Dominated by Stunning Features

You cannot ignore stunning looks. The new Moto One Vision Smartphone is everything you could have asked for in a smartphone. The Moto One Vision was launched on June 20 and is priced at Rs 19,999. This launch comes close on the heels of its launch in Thailand, Saudi Arabia and Brazil.

Contributing greatly to the looks is the unique 21:9 CinemaVision aspect ratio display with a glass back finish and a hole-punch. The hole-punch conceals the selfies camera and provides bezel free display to optimize screen space. Besides, the One Vision is very convenient to hold (71.2mm width) and comes in two color variants – brown and sapphire blue.

The hybrid dual-SIM Moto One Vision is a feature rich Smartphone boasting Samsung’s Exynos 9606 2.2GHz Octa-core chipset, powered by a 3500mAh battery supported by TurboPower fast charging (7-hour charge in 15 minutes). The Moto One Vision also comes with 4GB RAM+128GB storage as the sole variant but expandable to 512GB through microSD card. A part of Android One program from Google which boasts bloatware-free interface, Moto One Vision runs Android 9.0 Pie.

We said this Smartphone is feature rich. Let’s see what some of these are:

The Moto One Vision is a treat for camera buffs. It hosts a dual camera at the rear supported by a 48MP Sony primary sensor and a 5MP secondary sensor. While the primary lens has an f/1.7 aperture the secondary lens sports an f/2.2 aperture. The camera functions are controlled by Motorola’s own Camera app equipped with AI driven scene optimization feature, Night Vision mode, high-res zoom and multiple lighting effects. The front selfies camera is equipped with a 25MP sensor housed inside the hole-punch. The camera supports Quad Pixel, Motorola’s high tech feature offering low light photography with rich clarity.

Some of the other features include

  • Connectivity – GPS/A-GPS, NFC, USB Type-C port, Bluetooth v5.0, Wi-Fi and 4G VoLTE
  • Sensors – proximity sensor, magnetometer, gyroscope, digital compass, ambient light sensor, and accelerometer
  • Security – fingerprint sensor
  • 6.3-inch display
  • Gestures and motion – twisting wrist opens app, chopping gesture to turn on light, gestures to navigate
  • Updates – for security and OS

The Moto One Vision is one Smartphone that you will cherish not only for its stunning looks but also for its innumerable features. If you need a new phone and are short of funds, a consumer durable loan can be the answer to that.

If you want to own this stunning beauty from Motorola then all you need is an interest free consumer durable loan. You can avail this loan at 0% interest for up to 24 months tenure. Read more about consumer durable loan by clicking the button below.

Nokia 9 PureView Launching Soon in India

Nokia 9 PureView, is scheduled to be released on July 17, 2019 in India. Let’s take a look at its impeccable features. It’s rare that you buy a phone only for its appearance. You also look for features that would ultimately give you a fulfilling mobile phone experience. Nokia 9 PureView promises to provide you best of the both worlds.

A smartphone with five cameras

Sounds unreal, right? But it is true. Nokia 9 PureView has five rear cameras. Each of them is of 12 megapixels with an added autofocus facility. They capture and merge five simultaneous shots for producing one amazing High Dynamic Range (HDR) photo. Now, you need not hire a photographer for your next big event. Moreover, with a 20-megapixel front camera, you can be sure of breathtaking selfies that you can flaunt on your social media accounts.

Long battery life

A dead phone is almost everyone’s nightmare? You can avoid such nightmares with Nokia 9 PureView. A 3320 mAh battery life along with wireless charging facility ensures that you do not have to stay close to a charging point all the time. If the idea of a phone with a really long battery life entices you, you can buy the Nokia 9 Pureview with the help of a consumer durable loan.

Wide range of connectivity options

Nokia has been connecting people since decades. It continues to do that with its latest product. Nokia 9 PureView ensures that you always remain connected through its several connectivity options. These include it’s Wi-Fi 802.11 service, GPS connectivity, Bluetooth v5, etc. It also has a dual-sim facility which supports 3G as well as 4G data connectivity.

Price

A phone that has such stunning features is bound to be costly. Although a Nokia 9 PureView is expected to cost around Rs. 49,690, you can still buy it without any financial worry. Lenders like Tata Capital offer affordable consumer durable loans. Such loans cover more than 100 lifestyle products. Quickly check if you are eligible to avail of this loan.

Other Salient Features:

  1. Equipped with an octa-core Qualcomm Snapdragon processor and 6 GB internal RAM
  2. 128 GB internal memory
  3. Glass body accompanied by a dust and water protection facility
  4. 5.99-inch display screen and 1440X2960 pixels resolution to ensure you have the best video-streaming experience

Click here to know more about consumer durable loans. Once done, you can simply apply for it and be ready to grab this technology wonder as soon as it is launched.

Easy Finance Options you could use to Plan for Wedding

Managing your finances to meet the never-ending expenses of a wedding is a daunting task. There are numerous costs to be taken into consideration and it often becomes difficult to meet all of these expenses with the money that you have saved up over the years. You may have to consider external sources in order to have the perfect wedding.

Following are three easy finance options to consider while arranging funds for your big day.

  • Borrow from family and friends

You may seek funds from your close friends and your family to finance your wedding expenses. You may then repay the amount to them over time. There is a possibility that your social circle may not expect any interest on the amount borrowed, and hence you may save a significant amount of money. However, borrowing from friends and family may result in strained relationships as conflicts may arise. A more suitable option instead would be to borrow a marriage loan from a bank or a Non-Banking Financial Company (NBFC).

Additional readPlanning a Wedding Abroad? Check Out the List of Things You Need to Consider

  • Create a cash registry online

Most couples these days prefer cash gifts instead of typical wedding gifts such as a set of bowls, showpieces, or small electrical appliances. Giving cash helps the newlywed couple cover a part of the wedding expenses. If your guests ask you what you would like as a wedding gift, you may tell them politely that cash would be appreciated. You may also create a digital cash registry through the Internet wherein your friends and family may deposit money in your personal account.

  • Borrow a loan

The average cost of a wedding in India is increasing by the day. In order to meet these costs, you may opt for a personal loan. The good thing is that banks and NBFCs do not question the purpose of borrowing and hence you may use it to fund your wedding. You may compare numerous financial institutions and request quotes from multiple lenders. Do not forget to consider other terms of the loan such as fees and charges. Some lenders often charge a lower personal loan interest rate, but levy a high rate towards other fees such as late payment charges or prepayment penalty. Loans allow you to pay back in installments, thus reducing any strain on your finances.

Additional read- How Personal Loans for Weddings Can Help Your Investment Goals

While availing of a loan to meet your marriage expenses, the most important step is to estimate your loan requirement. Remember not to borrow an amount that will exceed your ability to repay. A wedding is the most joyous day of your life, and hence make sure you do not stress over financing it. You may opt for a personal loan and meet all your wedding expenses without any difficulties.

The Perfect 20 Day Itinerary For A Trip To Europe

Traveling through the eclectic European terrains is on the bucket list of every travel enthusiast. Not only is the impressive expanse home to various budget-friendly destinations, but also, with so many attractive travel loan and personal loan options available with Tata Capital, you need not delay your Euro trip anymore.

Before you apply for a personal loan, here’s the perfect twenty-day itinerary that will help you to plan your travel better. Alternatively, you can also scout for some fantastic tour packages in Europe that include all the amenities and spell out the total cost right at the onset.

Your Twenty-day Europe itinerary

With about three weeks’ time in hand, every Europe travel guide recommends that it’s best to stick to three to four countries with about five to six stops so you can thoroughly enjoy the beauty of Europe. Some of the countries to include on your list are:

Greece

A lot of travelers, especially youngsters, take a loan for traveling to Greece. Given how it’s been popularised by both Hollywood and Bollywood movies, Greece is usually an important pit stop on everybody’s Euro trip. A weeklong stay in Greece starts with Athens where you visit the Acropolis Museum, the Grand Promenade, and the Theater of Dionysus. You can also enjoy a walk through the vibrant Plaka neighborhood and explore the Ancient Agora ruins.

From Athens, take a boat ride to Santorini, where you pass through one of the best places to visit in Europe, the Santorini caldera. Trek the path from Fira to Oia for a spectacular view of the glistening azure waters and white cookie-cutter houses. Don’t forget to explore the Red Beach (Paralia Kokkini), carpeted in red volcanic rocks, and then head to the town of Ammoudi for a scrumptious seafood spread.

Amsterdam

Almost every tour package of Europe features the ‘anything goes’ city. The real appeal may be the uninhibited smoke shops and the adult shows, but there’s more to Amsterdam than its stereotype. The House of Bols, the Heineken experience, and a chance to taste the local way of living with a road trip puts Amsterdam on our list.

Berlin

The rich cultural heritage along with the contemporary adaptation makes Berlin a must-visit. From the colossal Brandenburg Gates to the Museum Island, Berlin is brimming with experiences. Visit the Reichstag Building for a refreshing view of the country, indulge in some currywurst, or pay respect at the Holocaust Memorial are some of the things you could do in Berlin.

Paris

Paris has long been the city of all romantics. When you’re in the city of fashion and passion, be sure to have a look at Mona Lisa’s painting at The Louvre, visit the Arc de Triomphe, and admire the Palace of Versailles. You could also shake a leg at the Moulin Rouge, and of course admire the popular Eiffel Tower, one of the main reasons to visit Paris.

Why let your travel dreams die when you can obtain a travel loan from Tata Capital?