TripMoney is an independent fintech arm of MakeMyTrip, and it provides individuals with travel products such as travel loans, travel insurance, and global cash cards. If you feel you do not have enough funds for providing for your travelling expenses, you can easily borrow funds for your travel. For lack of funds, you may have sacrificed a dream travel destination many times, but with financial providers like TripMoney you can easily arrange for funds for travel.
TripMoney, a complete subsidiary of the company, may develop into an independent application for non-captive customers. Whether you are travelling solo or with your family, they provide any kind of financial assistance while you are on a vacation. Their wide range of products makes sure that you do not face any issues while planning for your dream vacation. Also, these products can be availed easily, and you can obtain them through a hassle-free procedure.
What is a Travel Loan?
A travel loan is a personal loan that you can take without pledging any collateral. It is an easy procedure, and you can apply for a loan online. You can take any amount of loan you require depending upon your eligibility criteria. Travel loans can be obtained at low rates of interest. It is comparatively lower than the rate of interest for credit card loans. Travel loans require minimum documentation and have flexible repayment tenures. You can choose the repayment tenure according to your convenience.
You can use a travel loan to book your flight tickets and hotel accommodation. It can also cover ground expenses such as transportation. You can use a travel loan for covering your own as well as your family’s travel expenses. TripMoney provides small and cheap travel loans at affordable rates of interest.
What is Travel Insurance?
Travel insurance provides you with financial assistance in case of any unfortunate incidents while you are travelling. You might find yourself in distress in a foreign land if something hapless occurs. Travel insurance comes in handy and is your friendly companion providing you with assistance during such times. In case your luggage gets lost or delayed, or you misplace your passport, or your flight or hotel booking gets cancelled, you can get assistance from your travel insurance. You can apply for travel insurance depending upon your needs.
TripMoney offers you to apply for travel insurance, and it provides coverage for a lost or misplaced passport. In such a case, you can get a new passport made absolutely free of cost, and the travel insurance will pay for the cost. Travel insurance also provides coverage for cancelled hotel bookings.
What is a Global Cash Card?
A global cash card or a forex card is used to make payments in foreign lands using foreign currency. It is an easy and safe method of carrying foreign currency. You also get the option of changing one card with the other. Forex cards are acceptable in ATMs all over the world, and you can use them online, and the balance can be checked anytime you require. There is no issue of safety and security as the card is secured with a PIN number.
You can travel to foreign lands without having to worry about foreign currency. You can easily get the card from the TripMoney website or the application.
Why Choose TripMoney?
TripMoney is a one-stop solution for all your travel needs, and you can easily obtain anything you need. You can get a full package of travel essentials, including exciting deals and discounts from MakeMyTrip, which is the icing on the cake. You can also have numerous benefits on availing travel products from TripMoney.
- TripMoney offers loans at an interest rate that is comparatively lower than most banks and financial lenders. You can get a travel loan at a 20% interest per annum. You can repay the loan in easy monthly installments.
- TripMoney understands your basic and small needs and offers you loans of small to medium amounts ranging from Rs. 10000 to Rs. 25000. They also offer a flexible repayment tenure, and you can choose the duration as per your convenience. The maximum tenure to repay the loan is 1 year.
- They do not ask for any down payment, and only a few basic documents are required for applying for the loan. Pan card, Aadhar card and birth certificates are the documents you need to get the loan. Check your eligibility with your phone number and get the loan approved instantly within minutes.
- You can link your bank account with your TripMoney account so that the EMIs get deducted automatically when the date is due. By maintaining good repayment behaviour you can extend your credit line for a lifetime.
TripMoney understands your travel requirements and helps you to manage your finances well while planning for a vacation. Be careful to ensure that you can repay the loan timely while applying for the loan.