How Technological Advancements Facilitate Travel - Kotak Bank

11 MARCH, 2020

Today, travelling to new destinations and experiencing the bliss of different cultures has become an important part of the millennial lifestyle. It is a great feeling to go a voyage and unwind every once in a short while. Fortunately, technology too is growing at an equally amazing pace. There is no denying the fact that technology trends have further facilitated travel. The perfect combination of these two factors has made it extremely easy for fervent travelers from across the globe to explore new locations each time.

Here are some notable technological advancements that have grown to create a greater journey for travelers:

Save time through booking apps – Long forgotten are the days when you have to physically visit agents to make your travel bookings. You can now save a lot of your planning process by making online hotel bookings, ticket bookings, hotel reservations and much more. There are various apps available to keep your needs covered, no matter where your travel location. What’s more? You also save your money through the different deals offered through online bookings.

E-books for the traveling reader – Nothing quite feels better than having your favorite books accompany you on your trip, especially for the ardent readers. Fortunately, you can now have all your books stored on a single device. No heavy carting of your copies around! Low lighting or bright-lighting, technological devices let you read no matter where you are headed.

Convenient online travel loans - There are technological advancements in the world of finance as well. As a traveler, you no more have to fret about gathering finances for your next trip. Online travel loans have become easily available through leading financial institutions. They come with several benefits such as fixed rate of interest, quick disbursal, and easy repayment options. To top it all, you no more have to personally visit a physical banking branch and can avail of the loan, online.

Safe travel payments – With electronic payment methods on the rise, you do not have to worry about safety concerns while travelling. From being able to go cashless to adding immense convenience, it eliminates the need to be a part of long ATM queues and carrying a lot of cash. Perfectly integrating your devices with the available payment technologies reduces the need for any payment worries.

With the favorable financing and easy planning, technological advancements have truly made travel easier. The tour guide on your mobile phone, locators map apps and available online bookings, have indeed heavily boosted growth in the travel industry over the recent years.

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Disclaimer: This Article is for information purpose only. The views expressed in this Article do not necessarily constitute the views of Kotak Mahindra Bank Ltd. (“Bank”) or its employees. Bank make no warranty of any kind with respect to the completeness or accuracy of the material and articles contained in this Newsletter. The information contained in this Article is sourced from empaneled external experts for the benefit of the customers and it does not constitute legal advice from Kotak. Kotak, its directors, employees and the contributors shall not be responsible or liable for any damage or loss resulting from or arising due to reliance on or use of any information contained herein.

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Personal Loan can help you meet unexpected expenses such as wedding expenditure, school or college fees, dream vacations, home renovation projects or even for the purchase of consumer durables. 

 

Applying for a personal loan is a lot easier, quick, and convenient with Kotak Mahindra Bank.Click https://www.kotak.com/en/personal-banking/loans/personal-loan.html to apply for the same. 

 

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  • Easy Documentation – It comes with minimal documentation requirements to help you save time and cater to your emergency financial needs without any hassle.
  • Versatile usage – The personal loan can be used to fulfil many purposes. From funding a dream wedding to serving a medical emergency, it can be used to serve different planned and unplanned financial needs.
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What is the eligibility criteria to apply for a personal loan?

The eligibility to avail Personal loan is as follows :

  • All Indian residents who are employees of either MNCs, Public and Private limited companies with a minimum age of 21 years and maximum age of 58 years are eligible for a personal loan.
  • Other Personal loan eligibility criteria :
    • Income Net monthly salary of Rs. 20,000/-
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    • Years in city - Minimum 1 year
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You can apply for a personal loan by following the below steps:

On Mobile banking

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  • Personal Loan ( If eligible)

On Net Banking

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  • Apply for Preapproved Personal Loan (If eligible)

Or

By simply clicking https://rcasprod.kotak.com/personal-loan?source=website&banner=ProductPageApplyonlineTab

Please Note: The same would be subject to approval. The time frame for the personal loan is 10 working days if approved.

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What is the best way to apply for a personal loan?

You can apply for a personal loan by following the below steps:

 

On Mobile banking

  • Go to Apply Now
  • Personal Loan ( If eligible)

On Net Banking

  • Go to Banking
  • Apply for Preapproved Personal Loan (If eligible)

Or

By simply clicking https://rcasprod.kotak.com/personal-loan?source=website&banner=ProductPageApplyonlineTab.

Please Note: The same would be subject to approval. The time frame for the personal loan is 10 working days if approved.

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