Indian Millennials Love Travelling Abroad, Are Taking Loans To Fund Their Vacations

For today’s “Me First” generation, the era of easy and fast loans – enabled by a slew of financial technology ventures – is proving a godsend for international travel and frequent weekend getaways.

Personal finance for travel now account for between 12 per cent and 20 per cent of the total loan portfolio of these lenders. For some, it’s the biggest segment, alongside auto finance.

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