Apply For a Wedding Loan Online
Celebrate your wedding without any financial stress. Get a Personal Loan of up to ₹50 Lakh and turn your dream of planning a lavish wedding into reality. With features like easy eligibility criteria, minimal paperwork, quick disbursal of funds, and flexible repayment tenure, our loan helps you make your special day memorable. Our wedding loans also come with attractive interest rates, so you don’t have to worry about high EMIs.
Online EMI Calculator For A Wedding Loan
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EMI Amount = *
Online Loan for Marriage: Interest Rates and Charges
We offer loans for personal use at competitive interest rates and nominal charges:
| Interest Rate | 9.99%* p.a. onwards |
| Loan Amount | ₹1 Lakh to ₹50 Lakh |
| Loan Processing Fees | Up to 3% |
| Lowest EMI per month | Starting from ₹2,124* per Lakh for 60 months |
| Loan Tenure | 12 – 84 months |
| Prepayment/Foreclosure Charges | 0%* If paid from own sources & 4% If paid from other sources |
| Default Charges | 24% per annum |
| Repayment Instrument Dishonour Charges | ₹500 per bounce plus applicable taxes |
| Stamp Duty | At actuals (as per state) |
| Hidden Charges | Nil |
Note: Default Charges: Penalty will be charged for non payment of EMI amount and for non-compliance of material terms and conditions, as more particularly specified at Default Charges.
Features and Benefits of a Personal Loan for a Wedding
We aim to provide quick and hassle-free financing so you can focus on enjoying your wedding and keep all worries aside. Our loan comes with many distinct advantages to make your borrowing experience seamless.
Below are the features and benefits of our wedding loan:
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Easy online application
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No collateral/security required
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Instant approval and quick disbursal
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Attractive interest rates
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High loan amount
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Minimal documentation
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Flexible repayment tenure
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No hidden charges
Eligibility Criteria of Marriage Loan
Apply for a loan online to meet all the financial requirements of your wedding with ease:
Age
Work Experience
Citizenship Indian
Monthly Salary
- Age: 21 years at the time of loan application and not more than 60 years
- Work Experience: Salaried employees with 1 year of work experience
- Citizenship Indian: The applicant must be an Indian citizen.
- Monthly Salary: Starting ₹30,000, based on your city of residence
Note: The above-mentioned eligibility criteria are indicative. Additional criteria may be considered during loan processing.
Documents Needed For Loan For Wedding
Start your wedding planning as soon as possible! Submit the mandatory documents:
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Identity Proof
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Address Proof
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Income Proof
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Employment Proof
- Identity Proof - PAN Card/Aadhaar Card/Driving License/Voter ID/Passport
- Address Proof - Utility bill, Rental agreement, or Passport
- Income Proof - Latest salary slips for the last 3 months, bank statements from the last 3 months
- Employment Proof - Official mail ID confirmation / Employee ID Card
Why Apply for a Marriage Loan from Poonawalla Fincorp?
Indian weddings are usually grand and often a costly affair. No matter the scale of your wedding, the expenses can easily go over the budget. By availing of a loan for wedding, you can easily meet all these expenses and repay the loan in affordable EMIs. Moreover, you can choose to tailor your tenure according to your repayment capability.
Apply for A Loan for Wedding Expenses within 5 Minutes
Apply
Online
Apply Online
Click on ‘Apply Now’ and complete the application form
Personal
Details
Personal Details
Enter your DOB, qualification, and residential details
Verification
Verification
Submit and upload all details for verification and assessment
Frequently Asked Questions About Marriage Loan
A wedding loan can finance the expenses of a marriage ceremony. The funds can be used to cover the cost of decoration, accommodation, venue, catering, and more!
You can simply visit our official webpage and check our eligibility criteria for marriage loan. You can also connect with our support team online or visit the nearest branch for more insights.
The process for applying for our loan is simple and hassle-free. All you need to do is follow these steps:
- Step 1: Click on the ‘Apply Now’ button.
- Step 2: Fill in the required details on the loan application form.
- Step 3: Upload necessary documents.
On successful verification, the loan will be transferred to your bank account.
At Poonawalla Fincorp, we provide loans for weddings at the most competitive interest rates, starting from just 9.99%* per annum. Additionally, a nominal processing fee of 0% to 3% 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.
- Step 3 – Click on the ‘Calculate’ button.
- Step 4 – Click on ‘Check Repayment Schedule’.
*Terms & Conditions Apply
