MakeMyTrip Personal loan 2023: How to get personal loan form MakeMyTrip? MakeMyTrip is a very successful and most famous travel agency of India, available in offline and online mediums. It was launched way ago, and since then, MakeMyTrip has delivered some excellent deals and offers to the customers. Recently MakeMyTrip has launched its new and most appreciated feature, known as MMT pay later. In this article, we have mentioned all the details related to Make MyTrip personal loans.
MakeMyTrip Personal Loan
Makemytrip loan is a kind of personal loan with which you can buy some selected products and services. Although this is still a very new thing in the market, and that’s why it is only available to select customers of Make MyTrip. You can access various credits, which solely depends on your credit score and your relationship with the app. This credit has nothing to do with your bank account, and it doesn’t need any approval from the bank either.
This is a credit offered by Make MyTrip to you for your comfort. There isn’t any interest rate available for the credit provided by MakeMyTrip. However, if you fail to pay the loan within time, there will be an interest daily.
| Launched By | MakeMyTrip is a very successful and famous travel agency. You can either book your tours and travels from its app or by visiting the agency. Recently, MakeMyTrip has launched a new feature known as MakeMyTrip pay later or MakeMyTrip personal loan. This allows you to get a certain amount of credit. However, this is only available to select customers. |
| Eligibility criteria | There aren’t a lot of eligibility criteria for MakeMyTrip pay later or a personal loan. You need to be a citizen of India to be able to get the benefits. You also need to have a bank account, and even if you have all the documents, you need to be a select customer of MakeMyTrip. |
| Application process (Online/Offline) | The application process is straightforward to fill. You need to get yourself registered, and then you need to provide your phone no and some other details. It would help if you also did a video KYC. |
| Documents Required | Identity proof – Aadhaar card, passport, voter ID card, etc.Address proof – Aadhaar card, passport, driving license, etc. Pan card for successful verification and KYC |
| Official link | Click here |
Eligibility criteria
There aren’t a lot of eligibility criteria available for MakeMyTrip pay later or a personal loan. This is a very famous and popular service of MakeMyTrip, which has added a lot of ease. Anyone can apply for the credit without worrying about any paperwork or documentation.
We have mentioned all the eligibility criteria below:
- The applicant must have to be an Indian to be able to take the benefits of MakeMyTrip pay later.
- Your age must have to be either equal to 18 or more than that, but it should be less than 60.
- You need to have a source of income, so that you can repay the loan in time.
- You also need to connect your bank account with the app and provide some necessary details.
Application process (Online/Offline)
The application process for MakeMyTrip pay later or a personal loan is straightforward to get. The process is very easy and hassles free. You have the option to either do the process online or offline. You can visit the agency, or you can download the application. There isn’t any need for paperwork and documentation, which makes it even more convenient. You can book tickets or hotels with a click from the app without waiting for any approval from your bank.
We have mentioned all the steps with which you can apply for MakeMyTrip pay later or a personal loan:
Step I – first of all, you need to download the application from the play store or its official website. You also have the choice to visit the offline agency of MakeMyTrip.
Step II – now, you need to get yourself registered on the application if you are not a member from earlier. After registering, you need to connect your phone no to it. The number should be the same which is used in your bank account and pan card.
Step III – now, you need to do a short KYC to confirm all the existing processes. Once the check is over, you can have access to MMT pay later.
Documents required
The documents which you need to have to get access to MMT pay later or personal loan. There aren’t a lot of documents required, and you can do the process within a few minutes.
We have mentioned all the documents below:
- Identity proof – Aadhaar card, passport, voter ID card, etc.
- Address proof – Aadhaar card, driving license, passport, etc.
- Pan card for a successful KYC and verification of your identity.
- Income proof, for which you can either submit your bank statement of the last few months or the most recent salary slip.
Frequently asked questions
Can we buy anything with MMT pay later, or can we book any tours and travels with credit?
No, there are only selected things available which you can buy with MMT pay later. It is a decision made by MakeMyTrip with his sole discretion.
What is the credit limit which we can have from MMT pay later?
There isn’t any maximum limit set by Make MyTrip for its pay later feature. The credit depends
How can I use a travel loan in Make MyTrip?
One can Apply for Make MyTrip Vouchers, pay for them through EMIs and book their travel plans and destination on Make MyTrip.
How do I get a refund from Make MyTrip?
To process your cancellation at ZERO penalties, log on to support.makemytrip.com and process the revocation.
Also, check