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 5.5% 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 |