The travel loan from CreditPey comes with the following features — all terms and charges disclosed upfront.
Once your application is submitted and documents are verified, our team provides an in-principle decision subject to eligibility and credit assessment. Upon approval, funds are disbursed directly to your bank account. Eligibility: income ₹40,000+/month, CIBIL 650+.
Repay via UPI, NEFT, or internet banking. Choose tenure from 3 to 12 months as per your repayment capacity. Timely repayments are reported to credit bureaus and may positively impact your CIBIL score.
Interest rate: 1.25% to 2.60% per month (APR 15%–34%). Rate determined by your credit score, loan amount, and tenure. Reducing balance method applied.
No asset or property required. Travel loan approved based on income (₹40,000+/month) and CIBIL score (650+). Fully unsecured personal loan.
All charges disclosed upfront in Key Fact Statement — Processing fee: up to 10% + GST · Interest: 1.25%–2.60%/month · Pre-closure: NIL · Cheque bounce: ₹1,000. No fee collected before disbursal.
Timely repayment is reported to credit bureaus (CIBIL, Experian), which can positively improve your credit score over time. Results depend on overall credit behaviour and are not guaranteed.
Apply 100% online — no branch visit required. Complete your application in minutes.
Eligibility for a travel loan is based on your age, income, CIBIL score, employment type, and nationality. Meeting these criteria does not guarantee approval — all applications are subject to credit assessment.
| Age | 21 to 60 years |
| Income | Minimum ₹40,000 per month (net take-home salary) |
| Credit Score | 650 or above (CIBIL score) |
| Documents Required | Aadhaar Card, PAN Card, last 3 months' salary slips, last 6 months' bank statements, passport-size photograph. All documents can be submitted digitally. |
| Employment Type | Salaried employees in a private limited company, registered company, or government organisation |
Once your application is submitted and documents are verified, our team provides an in-principle decision subject to eligibility and credit assessment.
Processing fee up to 10% + GST · Interest 1.25%–2.60%/month · APR 15%–34% · Pre-closure NIL. All charges disclosed in Key Fact Statement before signing.
Apply from your phone or computer anytime — the entire process is paperless, from application to document upload, with no branch visits required.
Upon approval and document verification, funds are disbursed directly to your registered bank account — no cash handling or branch visits required.