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Showing posts from August, 2019

Holiday Loan

Young Indian travelers are increasingly vacationing around the globe with a little help from financial institutions. By Paskola Value!!! Sai Swaroop, 2 Months , a supply chain management professional in Chennai and father of two, is on a long-dreamt-of solo Europe trip, with a 60-day spin to France, Switzerland, Croatia, Hungary, the Netherlands… Helping him with the financial logistics of a budget trip is a ₹1.5 lakh loan from Paskola Value (Bajaj FInserv). Swaroop is among the growing number of young Indians taking personal loans, or curated holiday loans, to satisfy their wanderlust. In many cases, the loan amount is a safety cushion that enhances the full experience of a destination. Some feel a holiday loan inculcates in them the discipline to travel, which is otherwise considered a luxury. The logic seems to be to plan a holiday loan the way you plan your investment. This is something the now-famous Kochi couple Vijayan, 68, and Mohana, 66, have been doing for y...