We will arrange one if you want it, but the honest advice is that a holiday is the weakest reason to take on debt. A SIP started twelve months out funds the same trip with no interest at all — the goal planner shows what the monthly amount would be.
Before you borrow
- Compare the total payable, not the EMI — a longer tenure always looks cheaper monthly and costs more overall
- Check the processing fee, typically 1% to 3%, which is deducted before the money reaches you
- Ask whether prepayment is allowed and what it costs, since most personal loans are fixed rate
Run your numbers in the EMI calculator before you commit to anything.