October, one of the most pleasant months in the calendar, brings with it a sense of joy and festivity. The scorching heat is no more, and one has well bid adieu to the incessant showers that were still rampant in September. October is a time when autumn is about to arrive in the northern hemisphere, spring has sprung in all its glory in the south, and so has the festive season across the globe. Obviously, all this makes it one of the best months to make a travel plan. It’s the time to pack your bags and get set to globetrot.

Let’s get one thing straight. Globetrotting is no child’s play if you do not have adequate funds to finance your travel.

After all, when you head out for a vacation you want to enjoy the best things, sit back and relax in the best hotels and resorts, eat the most scrumptious meals, shop to your heart’s desire, and make the most of your visit, don’t you? And for doing all this, you need money. And that’s the one thing that millennials are short of. They have a humongous bucket list, but very little resources to fulfil them. What do you do? Cancel your travel plans?

Not at all.

You can always take a travel loan and give wings to your desires. Does that sound cumbersome? Don’t worry, travel loan is nothing but a personal loan that banks and financial institutions give. In fact, financial institutions such as Tata Capital give such holiday loans at easy repayment tenures, so while you travel you can travel tension free without the thought of EMIs breathing down your neck. All you need to do is jot down the tentative expenses for your trip, say the airfare, the accommodation cost, visa cost, approximate food bills, local travel and shopping cost and come at a figure.

You can then check a personal loan EMI calculator to see what would be your tentative EMI on that amount. You can select tenure of your choice. Once you have decided upon the amount and the tenure, simply apply for the personal loan. Institutions such as Tata Capital disburse a travel loan within 72 hours with minimal documentation and processing fee.

Now that you have your funds in place, it’s time to decide upon the destination. Let’s take a look at some of the best places to travel to in October:

United States of America: 

Nowhere on earth is Halloween celebrated the way it is done in the US. And that’s a big reason why you should be here in October. You will find kids and adults in fun costumes on the streets, houses decorated beautifully and pumpkins carved to perfection. It’s a real treat to go around the USA at this time of the year.

Spooky celebrations happen across the country including New York’s one-month-long Sleepy Hollow Halloween and Salem’s Haunted Halloween Festival. You must research in advance about where such parties are happening, if there is an entry fee, if you need to buy costumes etc, and don’t forget to include these expenses while calculating your travel loan. There is really no restriction on how you spend this kind of a personal loan, so go ahead and make the plan. If you are lucky to make friends on your trip, you might just get the opportunity to attend a Halloween house party, too.


Taiwan is one of the most beautiful destinations of Asia that boasts a heterogeneous fusion of multicultural cities, serene temples, lush landscapes and more. By October the seasons are changing here, and Autumn is about to arrive.

After the scorching summer months, cooler temperatures (22-26°C) are setting in, making the place perfect for travel. Taiwan literally spoils you with its variety when it comes to things to see, eat, shop and do. One day you could go biking or kayaking at the mesmerizing Sun Moon Lake, following the Shakadang Trail through the Taroko Gorge. On another day you could just gorge on some of the world’s best street food at one of Taipei’s bustling night markets. And then, yet on another day you could just sit back and relax, sipping Yuchi black tea at your resort or pretty and picturesque plantation. There will be no dearth of activities, and you don’t have to worry about the expenses as you are already armed with a holiday loan.


Chile is a nature lover’s paradise. Come October, the summer crowd has well disappeared and there is a lot of time for the damp wintry days to arrive. Understandably, it’s one of the best times to explore Chile in all its glory.

The best part is that it is springtime there and the entire country is starting to blossom, giving you enough photo opportunities that you will cherish for a lifetime. Spring in Chilean Patagonia is stunning with azure skies and pretty flowers adding to the setting. It’s also the perfect time to visit the amazing Atacama Desert. Temperatures here are manageable and the night skies are perfect for stargazing. Sounds like a dream destination, already, doesn’t it?


If it’s the luminous sunshine that you are looking for, then forget everything and head to Greece. Worrying about the expenditure? Your travel loan will cover it all, so forget all worries and book your tickets right away.

By October, the summer crowds would have decreased, the temperatures are pleasant though the sun is still out. There are very low chances of a rain. The best part is that the surrounding Aegean Sea would have reached a mild 23°C or so by October, so if you are a beach baby, you wouldn’t want to look any further. Santorini, of course, is a must-visit just to experience the mystic sunsets, the historic site of Akrotiri, several humble wineries and the breath-taking views of the caldera. Stroll around Sifnos for local pottery workshops, stop by the medieval village of Kastro and the pristine white Chrysopigi Monastery. When in Greece, there’s never a dull moment.

While each place boats of something special your travel loan can help you plan for the perfect October vacation. So go ahead and head out to the world that awaits you.

By Chakraborty

Dr Chakrabarty is the Chief Innovation Officer of IntuiComp TeraScience. Earlier she was Assistant Professor of Delhi University, a QS ranked university in India. Before that she has held research positions in IIT Mumbai, IIT Chennai and IISc Bangalore. She holds 2 patents and over 20 research publications in her name which are highly cited. Her area of research is in smart technologies, integrated devices and communications. She also has a penchant for blogging and is an editor of Business Fundas.