A wedding is a big event in an individual’s life. Indian weddings especially are unending and go on for a week at least. From mehendi ceremonies to the reception, the rituals and festivities go on. But big fat weddings also come with big fat expenses. Enough is never really enough when it comes to Indian weddings. And that’s why we suggest going for marriage loans when there is a wedding in the family.
What is a marriage loan?
A marriage loan is nothing but a personal loan for weddings. Being an unsecured loan, it does not demand any collateral and there is no headache of keeping any asset as security with the lender. The only eligibility criteria for a marriage loan is a good credit score and regular income.
Where can you get a marriage loan?
A marriage loan can be acquired from any banking or non-banking financial institution.
How does a marriage loan work?
A marriage loan can help you cover any aspect of the wedding expenses. Major expenses like catering, guest accommodation, jewellery and even your honeymoon expense can be covered by a personal loan. As this category of loan does not ask for any collaterals, you can easily avail up to 25 lakhs for your wedding.
How much time does a marriage loan take?
The time taken to avail a Bajaj Finserv marriage loan on Finserv MARKETS is similar to that of a personal loan. If eligible, the loan will be disbursed within 72 hours of the application. Also, the amount will be deposited directly into the borrower’s bank account.
What are the advantages of a marriage loan?
- A marriage loan lets you live your dream wedding.
- You can select a venue of your choice.
- Hassle-free application process.
- Minimal documentation while applying.
- Low interest rates.
- Flexible repayment tenure.
How can you repay the loan?
The repayment tenure depends on you. Using the EMI calculator, you can decide which tenure suits you best and accordingly opt for a tenure and EMI amount.
A wedding is one of the biggest events in anyone’s life and nothing should come in the way of the celebrations. A personal loan is extremely helpful in such events as it gives you the sense of monetary assurance. Enjoy the period and start life afresh on a happy note.
Planning your dream wedding? What are you waiting for? Speak to us at Finserv MARKETS and benefit from the features like quick disbursement, low EMI, minimal documentations and a list of other features. What’s more? Your online personal loan application can be approved under just 3 minutes and the loan amount will be credited to your bank account within 24 hours! Apply for Bajaj Finserv Marriage Loan with us, today!
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Finserv MARKETS, from the house of Bajaj Finserv is an exclusive online supermarket for all your personal and financial needs. Loans, Insurance, Investment and exclusive EMI store, all under one roof- anytime, anywhere!