Is it smart to use personal loan to fund your next trip?
Last Update Date: 06-10-2026
Published by India Today
Abhishek Kumar's role: Quoted
Abhishek Kumar said high interest makes travel loans costly and fit only as a last resort, cautioned that they can lead to a debt trap, and suggested building a travel fund instead, keeping EMIs within 20-30% of income if borrowing.
More of Abhishek's views on debt and loans
The article reports survey findings that a growing share of personal loan borrowers in India are using the money for holidays, led by younger borrowers and smaller cities. It covers loan sizes, borrower profiles, peak travel months and popular destinations, and asks whether funding a trip with a loan makes sense.
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Is it smart to use personal loan to fund your next trip?