tips for planning destination wedding under inr 5 lakhs

7 Tips for Planning Destination Wedding Under Rs. 5 Lakh

April 15, 2024 • 242 views

Dreaming of a beautiful wedding but worried about budget? Worry not! You can plan a destination wedding under Rs. 5 Lakh. Here are 7 tips for planning your destination wedding for Rs.5 Lakh. Read on!

7 Tips for Planning Wedding Under Rs. 5 Lakh 

Here are 7 tips to plan a wedding under Rs. 5 Lakh:

1. Create a Detailed Budget

The first step to your dream wedding includes preparing a detailed budget and allocating funds for major expenses, such as venue costs, clothing and attire, decoration, catering, etc. Consider getting quotes from the respective vendors to prepare a tentative budget.

2. Rent Clothes and Jewellery

Wedding clothes and jewellery have sentimental value and are worth investing in. Categorise what has the most sentimental value and what is just for the glam and will not be used later. Rent just a few clothes and jewellery and buy the most important.

3. Create a Smaller Guest List

Having an intimate wedding with your loved ones can make your wedding day special. It allows you to organise and plan the accommodation, travel and other things efficiently.

4. Opt for Local Caterers

Get a specialised menu created from local caterers curated based on your and loved ones preferences. Local caterers are usually flexible and provide tailored menus.

5. Choose an Off-season Date

Finalising the wedding date in the off-season is another fantastic way of reducing costs. During the peak wedding season, venues, catering, photography, etc., are in high demand, and thus prices are high. Venue authorities and catering usually charge a lower price on off-seasons.

6. Get RSVPs From Guests

It is also essential to seek confirmation from the guests you are inviting. It helps in getting a headcount and planning for accommodation, travel, and food.

7. Merge and Save

One of the cost-saving techniques is to merge two ceremonies into one. For instance, you can merge ceremonies like mehendi and sangeet into one which can save your venue costs, decoration expenses and more.

Why is Wedding Planning Important?

Planning a wedding is important because it is a once-in-a-lifetime event. However, it comes with various expenses, including venue costs, decoration, catering, attire, and more. Hence, you must utilise your funds in the most appropriate way possible to make the most of it.

Incurring wedding expenses in one shot can become a bit difficult. Thanks to a Personal Loan, you can now have your dream wedding without any financial worry. The application is easy and approval, fast. Check out how to apply for a Personal Loan for wedding in the next section.

Also Read - Top 5 Destination Wedding Places in India

How to Get a Personal Loan for a Wedding?

Here are the steps to apply for a Personal Loan for wedding:

  • Step 1: Click on 'Apply Now'.
  • Step 2: Fill out the application form.
  • Step 3: Upload all the necessary documents.

Upon verification, the loan amount will be credited to your bank account.

Also Read - How To Deal With Unexpected Wedding Expenses?

Conclusion

It is possible to plan a destination wedding under Rs. 5 Lakh in India. Create a detailed budget, rent out a few clothes and jewellery, keep the guest list small, get RSVPs, and have an off-season date for a beautiful wedding under budget.

With Poonawalla Fincorp, planning a destination wedding under Rs. 5 Lakh in India can't get easier and simpler. Avail a loan amount of up to Rs. 30 Lakh and interest rate starting from 9.99% p.a., along with no hidden charges and minimal documentation.

Disclaimer

We take utmost care to provide information based on internal data and reliable sources. However, this article and associated web pages provide generic information for reference purposes only. Readers must make an informed decision by reviewing the products offered and the terms and conditions. Personal Loan disbursal is at the sole discretion of Poonawalla Fincorp.
*Terms and Conditions apply

poonawalla fincorp team

Poonawalla Fincorp Team

Our team of expert writers and editors are passionate about providing authentic and valuable information on finance. Our aim is to simplify financial and finance-related concepts. We strive to help our readers become more aware and empowered to make informed financial decisions.

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