Apply For a Wedding Loan Online
An Indian wedding is usually a grand affair that requires a lot of planning and preparation. As a host, you want to put your best foot forward and ensure that everything is just perfect. From location to food to decoration to attire, everything should just be perfect on your big day. But are you worried that the lack of finances can play spoilsport?
With Poonawalla Fincorp’s Personal Loan for Wedding, you can avail of funding of up to ₹30 Lakh and turn your dream of a lavish wedding into reality. With features like easy eligibility criteria, minimal paperwork, quick disbursal of funds, and flexible repayment tenure, our Personal Loans ensure that nothing can stop you from making your special day memorable. We also provide wedding loans in India at a low-interest rate, so you don’t have to worry much about high EMIs.
Personal Loan EMI Calculator
Personal Loan for Wedding Expenses Interest Rates
|Personal Loan Interest Rates||9.99%* p.a. onwards|
|Loan Amount||₹1 Lakh to ₹30 Lakh|
|Loan Processing Fees||Up to 2% plus applicable taxes|
|Lowest EMI per month||Starting from ₹2,124* per Lakh for 60 months|
|Loan Tenure||12 – 60 months|
|Prepayment/Foreclosure Charges||0%* If paid from own sources|
|Default Interest||3% per month|
|Repayment Instrument Dishonor Charges||₹500 per bounce plus applicable taxes|
|Stamp Duty||At actuals (as per state)|
|No Other Hidden Charges|
Eligibility Criteria Of Marriage Loan
Apply for an offline or online marriage loan to meet all the financial requirements of your wedding with ease. All you must do is fulfil some basic wedding loan eligibility requirements.
If you wish to apply for marriage loan, below are the factors that determine our marriage loan eligibility criteria for personal weddings loans in India:
- Age The applicant should be at least 22 years of age at the time of applying for the loan and a maximum of 57 years of age.
- Citizenship The applicant must be an Indian citizen.
- Monthly Income The monthly income of the applicant must be at least ₹30,000.
- Employment The applicant must have work experience of at least one year. Further, they must be in their current employment for at least one months. This ensures that the applicant has a regular, steady income.
Do note the above-mentioned eligibility criteria is indicative. Additional criteria may be considered during loan processing.
Required Documents for Personal Loan for Marriage
In addition to this, you should have a good credit score to increase your chances of qualifying for our wedding loans in India.
To ensure that you can start your wedding planning as soon as possible, we require minimal documentation.
Below are the required documents for our Personal Loan for the Wedding:
- Identity Proof - PAN card or Aadhar card should suffice here.
- Address Proof - This can be your utility bill, rent agreement, or passport.
- Income Proof - A salary slip, and bank financial statement would be helpful in this case.
Why Apply for A Marriage Loan from Poonawalla Fincorp?
Hosting a wedding is a costly affair. No matter the scale of your wedding, the expenses may easily run into several lakhs of rupees. Various expenses, such as the cost of venue booking, your wedding dress, photography, and decorator & caterer bills, may add up to form a hefty amount that may seem overwhelming.
By availing of a Personal Loan for marriage, you can easily meet all these expenses and repay the loan in Equated Monthly Instalments (EMIs). Moreover, you can choose a convenient tenure as per your repayment capability. So, why break your savings when you can get quick and easy finances? We provide instant wedding loans in India at low-interest rates so you don’t have to worry about high EMIs and you can repay the loan over a long tenure.
Marriage Loan Interest Rate and Charges
Wedding loans in India are gaining popularity at a fast pace. Getting a marriage loan in India is easy and hassle-free.
Poonawalla Fincorp offers Personal Loans for a wedding at an attractive interest rate. We offer marriage loans at interest rates starting at 9.99%* per annum. The interest rate can vary depending on your financial history and credit score. Your chosen loan tenure and the loan amount will also have an impact on the interest rate offered to you.
Our Personal Loans for wedding expenses are fit to fund your dream wedding. Please find below Personal Loan for Wedding- Interest Rate and Charges
|Personal Loan Interest Rate||9.99%* p.a.|
|Processing Fee||2% plus taxes|
|Loan Tenure||12-60 months|
The above-mentioned documents list is indicative. We may require some additional documents while processing your Personal Loan for Wedding expenses.
We offer Personal Loans for Wedding to:
- Salaried individuals
- Working professionals such as Chartered Accountants, Doctors, and Company Secretaries.
Features and Benefits of a Personal Loan for a Wedding
We aim to provide quick and hassle-free financing so that you can focus solemnly on your marriage and keep all worries aside. Our Personal Loan for marriage comes with many distinct advantages to make your borrowing experience seamless and smooth.
Below are the striking features and benefits of our Personal Loan for marriage:
Easy online application
No collateral/security required
Instant approval and quick disbursal
Low marriage loan interest rate
High loan amount
Minimal marriage loan documents required
Flexible repayment tenure
No hidden charges
Apply for Personal Loan for Wedding Expenses within 5 Minutes
Click on ‘Apply Now’ and complete the application form
Enter your DOB, qualification, and residential details
Submit and upload all details for verification and assessment
Frequently Asked Questions On Wedding Loans
A Personal Loan for wedding expenses is a special type of loan that is taken to finance the expenses of a marriage ceremony. These days, weddings have become an expensive affair, and many people dream of hosting a grand wedding. A Personal Loan for wedding expenses helps them to do the same without worrying about their finances.
At Poonawalla Fincorp, we provide Personal Loans for Weddings with simple eligibility criteria and minimum documentation. To know if you are eligible or not, you can simply visit our official webpage and check our eligibility criteria for a Personal Loan for a Wedding. You can also connect with our support team online or visit the nearest branch for more insights.
The process for applying for our Personal Loan for Wedding is simple and hassle-free. All you need to do is follow these steps:
- Step 1 – Go to “Personal Loan for Wedding” on our website - https://poonawallafincorp.com/personal-loan-for-wedding.php and click on “Apply Now”
- Step 2 – Enter your primary details and upload the KYC documents
- Step 3 – Await application assessment
- Step 4 – Receive confirmation of your loan approval
- Step 5 – Get the loan amount in your bank account
At Poonawalla Fincorp, we provide marriage loans in India at the most competitive interest rates, starting from just 9.99%* per annum. Additionally, a nominal processing fee of 0% to 2% of the loan amount might be applicable.
You can calculate the EMIs for your wedding loan by following the steps mentioned below:
- Step 1 – Visit our wedding Personal Loan EMI calculator page
- Step 2 – Enter your loan amount, tenure, and interest rate in the space provided
- Step 3 – Click on ‘Calculate’ button
- Step 4 – Click on “Check Repayment Schedule”
This is how you can instantly calculate your EMIs for wedding loans in India.
Yes, a girl can take a Personal Loan for Wedding. Personal Loans come with no end-use restrictions and available for all gender. You can use them for taking care of your wedding expenditure. You can apply online for Poonawalla Fincorp’s Personal Loan for Wedding here. We only require minimal marriage loan documents. Enjoy a grand event with our attractive wedding loan interest rates.
*Terms & Conditions Apply