Travel Loan
Yes, you can apply for a travel loan for international vacation. And for a smooth application, make sure you fulfil the following eligibility criteria for a Tata Capital loan.
| Type of Fee | Applicable Charges* |
|---|---|
| Rate of interest | Starting at 11.99% |
| Processing fee | Up to 4% of the loan amount + GST |
| Default in payment of amounts as per the facility documents | 3% per month on overdue amount + applicable taxes |
| Dishonour of any cheque/payment instrument | Rs. 600 per every cheque/payment instrument dishonour |
| Loan cancellation charges | 2% of the loan amount or Rs. 5750 (whichever is higher) |
| Foreclosure charges on term loan facility | 4.5% on the principal outstanding at the time of foreclosure |
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