Introducing The Future of Travel: TripMoney

Travel is undoubtedly the elixir of the 21^st century. With the current set of travellers wanting to dive into novel experiences and forge hearty connections with oneself and others, we can see the travel industry leveraging the next big trend – travel EMIs.

“According to a popular survey, millennial travellers opt for travel EMIs to see dream destinations.”

Hence, the need of the hour is to make travel even more affordable by introducing EMI options. As forerunners of change and niche travel trends, we at MakeMyTrip bring to you TripMoney to further the cause of travel affordability.

What is TripMoney?

In an effort to make travel a more pocket-friendly affair, TripMoney is an exclusive credit line of up to 1 Lac given to customers. The credit is offered at flexible EMIs of one to twelve months at an effective interest rate of up to 1% per month. All it takes is an eligibility check that is computed on the basis of the user’s Pan Card and Credit History, analyzed for a mere 30 seconds and viola a quick digital approve is done!

Where all can it be used: Flights, hotels and holiday bookings for domestic and international destinations

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How is it Beneficial for You?

With TripMoney, customers get a travel loan in the form of easy credit which can be used to buy flight tickets, book hotels of your choice or make that long-awaited holiday booking without burning a hole in your pocket.

What’s more? You can use the same credit limit to gift your loved ones a hand-crafted travel experience. Not to forget, the easy EMIs that let you save the hassle of bulk booking, thus, letting you pay less at the time of booking so the money saved can further be used to enhance the overall holiday experience.

Other Perks

With TripMoney, you need not worry about your credit limit expiring. As long you continue to pay your dues on time, the credit limit shall never expire. Instead, your limit will be further increased on the basis of timely payments. So, the key is to pay your EMI on time.

Apart from that, all kinds of ongoing offers can be used while making a booking with TripMoney credit. However, payment instrument specific offers will be an exception.

In case of cancellations, if a booking is made with TripMoney credit, the refund amount will be credited back into your TripMoney account. However, cancellation charges will have to be borne, over the EMI tenure chosen by you.

Must Remember

TripMoney helps you better your travel experience by dividing your travel spend into EMIs. However, remember that the key is to pay your EMIs on time. This can be done by setting up a standing instruction or e-NACH on your bank account at the time of applying for TripMoney, so that the EMI dues are automatically taken from your bank on due dates. We do not charge your bank account, if you have not used the EMI facility of TripMoney.

Any delay in payment can not only lead to cancellation of your TripMoney facility, but will also impact your Credit score negatively with Cibil/Credit bureaus, which will in-turn make it difficult for you to get any other loan from banks or even any other Credit Cards.

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Check Your Eligibility Today                                               

TripMoney is available for all MMT users (existing or new). It’s a great initiative that let’s travel aspirants to not just dream, but book their vacation without facing a financial hassle. Sign up on the MakeMyTrip app to check your eligibility today.