Iceland Trip Cost from India and Complete Budget Planning

Get quick access to funds and discover the beauty of Iceland.
Personal loan for travel
3 min
30-March-2024

Iceland has become a popular destination for Indian travellers, offering stunning landscapes and unique experiences. However, the trip to Iceland cost from India can be a major concern for many. With expenses for flights, accommodation, and activities, planning a budget can seem overwhelming. This is where a personal loan becomes a valuable solution, offering financial flexibility to cover the costs of your dream trip. A personal loan provides the security needed to manage expenses, ensuring a seamless travel experience. Whether it's witnessing the Northern Lights or exploring volcanic landscapes, you can turn your dream Iceland adventure into reality with the right financial planning.

How much does it cost for an Iceland trip

The Iceland trip cost from India depends on several factors such as the time of year, the duration of the trip, the number of people travelling, and the level of luxury. Typically, airfare is the most significant expense, with the average cost of a round-trip flight from India to Iceland ranging from Rs. 50,000 to Rs. 1,00,000. Accommodations can also be expensive, with hotel rates starting at around Rs. 7,000 per night. Other expenses such as food, transportation, and activities add up quickly and can further increase the total cost of the trip. However, our personal loans offer a solution for those looking to finance their dream trip to Iceland. Our flexible financing options cover everything from flights to accommodation, making it easier to plan your itinerary without worrying about finances.

Cost Type

Estimated Cost (in INR)

Flight (round trip)

Rs. 50,000 – Rs. 1,00,000

Visa fees

Rs. 7,000 – Rs. 8,000

Accommodation (per night)

Rs. 7,000 – Rs. 15,000

Food (per day)

Rs. 1,500 – Rs. 3,000

Attractions and activities (per day)

Rs. 2,000 – Rs. 5,000


Best places to visit in Iceland

Iceland is a land of natural wonders and breathtaking attractions that will leave you spellbound. From stunning glaciers and geothermal pools to waterfalls and geysers, this country has it all. If you're planning your Icelandic adventure, exploring the places to visit in Iceland is a must. These iconic destinations promise unforgettable experiences, showcasing the unique beauty of this remarkable country.

  1. The Blue Lagoon
    This geothermal spa is situated in a lava field near the city of Reykjavik. The mineral-rich water is warm, relaxing, and has supposedly healing benefits too.
  2. Northern lights
    The northern lights phenomenon is a once-in-a-lifetime experience. It is best viewed in the winter months of September through March when skies are clear.
  3. Golden Circle
    The Golden Circle is a popular tourist route that circles three of Iceland's most famous attractions: Thingvellir National Park, the Geysir Geothermal Area, and Gullfoss waterfall.
  4. Jokulsarlon Glacier Lagoon
    This glacier lagoon, situated in the Vatnajokull National Park, is famous for its icebergs. It is a unique experience to take a boat trip among these ice formations and see seals swimming around them.
  5. Vatnajokull glacier
    This is the largest glacier in Iceland. The place offers many glacier and ice cave tours for adventurous visitors.

Planning and budgeting for your trip

It is essential to plan your trip to Iceland in advance to make the most of it. A travel loan can cover expenses such as airfare, hotel accommodation, meals, and sightseeing activities.

Iceland Visa Cost

Indian travellers need a Schengen visa to visit Iceland, allowing entry to multiple European countries. The visa fee is approximately Rs. 7,200, excluding additional processing charges. Ensure you meet all document requirements before applying. A personal loan can help manage visa expenses, along with other travel costs, making your dream trip to Iceland stress-free.

Airfare

Airfare is a significant expense when planning a trip to Iceland from India. Round-trip flights from major cities like Delhi or Mumbai typically cost between Rs. 50,000 and Rs. 1,00,000, depending on the season and airline. Booking tickets during the off-season or well in advance can help reduce costs. Airlines like Lufthansa, Finnair, and KLM offer convenient options with layovers in Europe. A personal loan can assist in managing airfare expenses, ensuring a smooth and budget-friendly start to your Icelandic adventure.

Car rental cost (Per day)

Renting a car in Iceland is a popular option for exploring its stunning landscapes. The daily rental cost ranges from Rs. 4,000 to Rs. 10,000, depending on the type of vehicle, season, and insurance coverage. Compact cars are more budget-friendly, while SUVs suitable for rugged terrains cost more. Additional charges for fuel and parking may apply. Renting a car offers the flexibility to discover offbeat locations and scenic routes at your own pace, making it worth the investment.

Transportation cost (Per day)

If you prefer not to drive, public transportation and guided tours are great options in Iceland. Daily transportation costs typically range from Rs. 2,000 to Rs. 5,000 per person. Buses and shuttles are cost-effective for short distances, while guided tours can be slightly more expensive. However, they provide convenience and expert insights into local attractions. A personal loan can help you comfortably manage these costs while ensuring a hassle-free travel experience.

Accommodation cost

Accommodation in Iceland offers diverse options to suit all budgets:

  • Budget Hotels/Hostels: Rs. 3,500–Rs. 7,000 per night.
  • Mid-Range Hotels: Rs. 7,000–Rs. 15,000 per night.
  • Luxury Stays: Rs. 15,000+ per night.

Budget-friendly choices include guesthouses and hostels, while mid-range hotels provide added comfort. Luxury accommodations often feature unique amenities like geothermal spas. Planning in advance and leveraging personal loan options can make your stay more affordable and enjoyable.

Food Cost

Traditional Icelandic cuisine features fresh seafood, lamb, and dairy products, offering a unique and unforgettable culinary experience. Popular dishes like lamb stew, fermented shark, and skyr (a creamy yogurt) are must-tries. Dining at restaurants can be expensive, with meals costing Rs. 1,500 to Rs. 4,000 per person. However, local cafes offer more affordable options. A personal loan can help you enjoy Iceland’s rich food culture without compromising on your budget.

Attractions and activities cost

Exploring Iceland’s iconic attractions and activities involves varying costs. Entry fees for popular spots like the Blue Lagoon range from Rs. 4,500 to Rs. 8,000. Guided tours for the Golden Circle or glacier hikes typically cost Rs. 7,000 to Rs. 15,000 per person. Activities like whale watching or Northern Lights tours can cost Rs. 5,000 to Rs. 12,000. Planning and prioritizing key experiences ensures a memorable trip while managing expenses effectively.

Iceland local dishes to try

Iceland’s cuisine offers a unique blend of flavors rooted in its natural resources. Here are five must-try dishes:

  1. Lamb Soup (Kjötsúpa): A hearty and traditional stew, costing around Rs. 800–Rs. 1,500 per serving.
  2. Skyr: A creamy, protein-rich yogurt available for Rs. 300–Rs. 600.
  3. Fermented Shark (Hákarl): A cultural delicacy, priced at Rs. 1,000–Rs. 1,800.
  4. Plokkfiskur: A comforting fish stew, costing approximately Rs. 1,200–Rs. 2,500.
  5. Icelandic Hot Dogs (Pylsur): Affordable street food priced at Rs. 500–Rs. 1,000.

These dishes offer an authentic taste of Iceland’s culinary traditions.

Best time to visit Iceland

Iceland is a year-round destination, with each season offering unique experiences:

  • Winter (November–March): Ideal for Northern Lights, with fewer tourists and lower costs.
  • Spring (April–May): Mild weather and blooming landscapes, perfect for outdoor adventures.
  • Summer (June–August): Midnight Sun and vibrant festivals, but higher prices.
  • Autumn (September–October): Stunning fall colors and moderate costs.

Choose the season based on your preferences and budget.

Famous Activities to Do in Iceland

  1. Glacier Hiking: Explore ice caves and glaciers.
  2. Whale Watching: Spot majestic marine life in the North Atlantic.
  3. Golden Circle Tour: Visit Þingvellir, Geysir, and Gullfoss.
  4. Northern Lights Viewing: Best seen during winter.
  5. Blue Lagoon Spa: Relax in geothermal waters.

These activities promise unforgettable Icelandic experiences.

How to reach Iceland from India

Reaching Iceland involves a connecting flight:

  • Major Airports: Fly from cities like Delhi or Mumbai.
  • Popular Airlines: Lufthansa, Finnair, or KLM.
  • Travel Duration: Around 15–20 hours with layovers in Europe.
  • Cost: Round-trip tickets range from Rs. 50,000 to Rs. 1,00,000.

Book flights early to secure the best deals.

Tips to save money on an Iceland trip

  1. Travel Off-Season: Lower prices for flights and accommodations.
  2. Opt for Hostels or Guesthouses: Budget-friendly stays.
  3. Cook Your Meals: Save on dining expenses.
  4. Rent a Car with Friends: Split costs and explore freely.
  5. Use Discount Cards: Save on attractions and transportation.

Smart planning ensures a memorable yet affordable trip.

Take a trip to Iceland with a personal loan from Bajaj Finance

A personal loan can be a simple and effective way to finance your trip to Iceland. A Bajaj Finserv Personal Loan comes with flexible financing options, streamlined processes, and minimal documentation requirements.

Choosing Bajaj Finance for your personal loan comes with many advantages, including:

Easy financing
Our personal loans come with flexible financing options to help you manage your expenses, including travel plans. From flights to accommodations, sightseeing to shopping, a personal loan can help you plan your trip on your own terms. Our interest rates and fees are also competitive, ensuring you can budget your trip with ease.

Fast approval
Our personal loan application process is quick and easy to complete online in a few minutes. Depending on your profile, you can receive the loan amount in your bank account within a few hours*.

Minimal documentation
You only need to share a few basic documents, such as income proof and KYC documents, to apply. Some of our customers have pre-approved offers. You can check for pre-approved offers by clicking on the Apply button at the top of this page.

Simple eligibility criteria
Our eligibility requirements are basic and uncomplicated. As long as you are an Indian citizen who meets our basic requirements, you are likely to receive the loan you require. Before you begin the application process, please review our personal loan eligibility criteria.

If you are planning a trip to Iceland, a personal loan can be a viable financial solution. With careful planning and budgeting, you can use the personal loan to make the most of your Iceland trip. Lack of funds will no longer deter you from going on your Iceland adventure.

Conclusion

Iceland offers a mesmerizing blend of natural beauty, unique experiences, and cultural charm. From its breathtaking landscapes to exciting activities, every moment in Iceland is unforgettable. While planning your journey, ensure a detailed budget for flights, accommodations, and activities to make the most of your adventure. With careful planning and financial support, like personal loans, you can turn your dream Iceland trip into reality, enjoying its wonders without compromising your financial stability.

Apply for a personal loan from Bajaj Finance today.

Disclaimer

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Frequently asked questions

How much does an Iceland trip cost from India?

A trip to Iceland from India can cost between Rs. 1 lakh to Rs. 3 lakh or more, depending on the duration of stay and travel style.

Is Iceland cheaper than India?

Iceland is generally more expensive than India, especially in terms of accommodation, food, and transportation.

Is Iceland very expensive?

Iceland can be expensive due to its high cost of living, but budget options are available for accommodation, food, and activities.

Are 3 days enough to visit Iceland?

While 3 days can give you a glimpse of Iceland's beauty, a longer stay of at least a week is recommended to explore the country fully.

How expensive is a trip to Iceland per day?

A trip to Iceland costs approximately Rs. 10,000–Rs. 20,000 per day, depending on accommodation, food, transportation, and activities. Budget travelers can plan around Rs. 8,000 per day.

What is the cheapest month to visit Iceland?

November is the cheapest month to visit Iceland, offering lower airfare and accommodation costs. Off-season discounts make it ideal for budget-conscious travelers.

What language is spoken in Iceland?

Icelandic is the official language of Iceland. However, English is widely spoken, making it easy for tourists to communicate.

When to see the Northern Lights in Iceland?

The best time to witness the northern lights in Iceland is from September to April. Visit during clear, dark nights for an unforgettable experience. Learn more about spotting the aurora here.

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