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Tata Capital > Blog > Loan for Travel > Benefits of Planning Your Travel in advance

Loan for Travel

Benefits of Planning Your Travel in advance

Benefits of Planning Your Travel in advance

As wise men say, always plan in advance and you will never regret. Planning in advance does have its advantages. Better deals, lack of stress and of course getting things done on time. Well, this rule applies to travel as well. In fact, with travel, there are several benefits of planning in advance. Let’s look at some of them:

Gathering funds:

If you are planning to visit an exotic location, it might get a bit hard on your pocket. Also, you do not want to finish all your cash over your travel, just in case there is a sudden medical emergency or something else. The best way to fund your travel is by opting for a travel loan. Travel loans are nothing but personal loans that you can take for the purpose of funding your vacation. At institutions such as Tata Capital, you get travel loans at as less as 11.25 per cent and pay it over easy installments over one to six years. Now, to get a travel loan you will obviously have to plan in advance because approval of a personal loan and eventual disbursement takes time. You cannot do it at the last minute. A loan for travel will solve all your worries over costs and expenses, and you can opt for an exotic destination of your choice as financial institutions such as Tata Capital give up to Rs. 25 lakhs of loan for travel.


Wherever you might be headed, booking early always comes with discounts. You can get discounts for flight tickets, accommodation, local activities and at restaurants. If you plan in advance, you can avail all of this. Besides, if you plan the destination in advance, you will be able to decide how much money you need to take a loan for travel. Once you have a travel loan to support you, you can plan all the activities better taking into account the rebates and discounts but without having to worry about costs all the time.

Going for the best option:

Settling for second-best when travelling is like to turning up late at the candy shop when all the good candies are over. You only have a few options to choose from. But, if you plan in advance and book early, you’ll have plenty of options to choose from. Not just accommodation and flight, but also other things such as sightseeing packages, wildlife tours, family tours, adventure activities, local events, food fairs. Planning in advance will also help you make a budget from the travel loan that you have taken, and plan your activities better. You can take your time, chalk out a plan and decide which activities to go for, and which to ditch. There may be a local brewery that you don’t want to give a miss but it may be at the outskirts of the city which requires travel, so arranging transport in advance will help. There may be a very expensive restaurant that serves the best meal on earth, and you certainly don’t want to miss that, but the catch is you have to book a table three months in advance. The cost will not be an issue since you have taken a personal loan, but the booking will only be ensured once you plan in advance. There are many such activities for which advance planning will reap you benefits.

Well, now that you know the benefits of planning your travel advance, what are you waiting for? You can log on to the website of any reputed bank or financial institution such as Tata Capital and start the process by applying for a travel loan right away.