Weddings are an expensive affair and hence, they can take a toll on your savings if not planned wisely. Right from venue booking, decoration, apparel, jewelry to catering and accommodation of guests, managing wedding expenses can be a daunting task. However, there are various financing options that you could use to manage your wedding expenses. These financing options can help you meet your fund requirements, thereby allowing you to plan your wedding in a lavish way.
Below are three easy finance options for wedding that you can consider while arranging funds for your big day.
Borrow from your friends and relatives
You can consider seeking funds from your close friends and relatives to finance your wedding expenses. If you happen to do so, make sure that you repay the loan amount within the stipulated time. One of the major advantages of borrowing wedding finance from your near and dear ones is that you may not have to pay any interest on the amount borrowed. It is to be noted that borrowing from friends and family may result in strained relationships if you fail to repay the loan amount on time. Therefore, a more suitable option would be to borrow a wedding loan at a competitive interest rate from a financial institution.
Create a cash registry online
Instead of traditional wedding gifts, most couples prefer cash gifts these days. Giving cash helps the newlywed couple cover a part of the wedding expenses. Therefore, you can politely tell the guests arriving at your wedding that you would appreciate cash gifts rather than traditional wedding gifts such as showpieces, electrical appliance, kitchen set, etc. You can also consider creating a digital cash registry, wherein your friends and family can deposit money in your personal account.
Apply for a wedding loan
Availing a marriage loan from Finserv MARKETS is the most common financing option for managing wedding expenses. Nowadays, a large number of financial institutions offer personal loan for marriage at attractive interest rates and other lucrative features. With leading NBFCs and online lenders, it is possible to avail a wedding loan online from the comfort of your home. Instant disbursal of the loan amount, less processing fee and no hidden charges are some of the major advantages of availing a wedding loan from a leading financial institution. It is advisable that you should compare numerous financial institutions and request quotes from multiple lenders before making your final decision. This will help you avail a marriage loan that best suits your needs. Settle for a financial institution that charges low marriage loan interest rate. It will be helpful in reducing the repayment burden in the long run.
Availing a marriage loan from Finserv MARKETS is very simple and convenient. With hassle-free online process, and minimal documentation, get a marriage loan of upto 25 lakhs. What’s more! You can get money credited in your account in 24 hours.
Your wedding is going to be the most important day of your life, and hence make sure that you do not stress over financing it. Opt for a personal loan from Finserv MARKETS and meet all your wedding expenses without any difficulties. You should rather invest your valuable time to plan your wedding arrangements and ensure that everything is well-organized.
Also Read about How to Plan Perfect Tamil Wedding Ceremony
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