BAJAJ FINSERV DIRECT LIMITED
✓Avail a Personal Loan for Wedding ✓ Loan up to 50 Lakhs ✓ Quick Disbursal ✓ Minimum Documentation!

Marriage Loan

Start your wedding loan application now on % Bajaj Markets. Verify eligibility, enter basic details, and get your loan approved fast.

image
Partners 20+
Image2
Maximum Loan Tenure 8 Years
Image3
Maximum Loan Amount ₹55 Lakhs

If you are planning a wedding and need financial support, a marriage loan can help you cover the expenses. With loan amounts of up to ₹55 Lakhs, from over 20 lenders, you can manage costs like venue booking, catering, and more. Compare offers and apply online on Bajaj Markets.

Marriage Loan Details

Here are some essential details about marriage loans available on Bajaj Markets that can help you plan your wedding with ease:

Particulars Details

Loan Amount Range

Up to ₹55 Lakhs

Interest Rate

9.99% p.a. onwards

Minimum Loan Tenure

2 months

Maximum Loan Tenure

96 months

Processing Fee

Up to 12% of the loan amount

Foreclosure Charges

Up to 7.00% of the outstanding principal

*Disclaimer: The mentioned details are subject to change at the lender’s discretion.

Different Uses of a Marriage Loan

A marriage loan provides financial support to manage all major wedding-related expenses with ease. It allows you to plan every detail of the celebration without straining your savings. Here's how:

  • Venue and Arrangements: Book the venue, catering, photography, videography, and décor

  • Jewellery and Attire: Purchase bridal jewellery, bridal wear, and the groom’s outfit

  • Guest Hospitality: Plan guest accommodation, and cover travel, and invitation expenses

  • Entertainment: Arranging music, DJs, or other entertainment for events

  • Additional Costs: Manage pre-wedding functions, honeymoon planning, and last-minute expenses

  • Makeup and Styling: Hire professional makeup artists, hairstylists, and stylists for the bride and groom

  • Gifts and Return Favours: Buy gifts for relatives, friends, or provide return favours for guests

  • Lighting and Decoration: Plan Custom décor, floral arrangements, and lighting setups for events

  • Wedding Planning Services: Pay professional wedding planners or event coordinators for smooth execution.

Check and Compare Personal Loans for Wedding Interest Rates by Various Banks and NBFCs

Choosing the right lender is important when applying for a marriage loan. Interest rates vary across banks and NBFCs, and even a small difference can impact your monthly EMI and overall cost.

On Bajaj Markets, you can easily compare wedding personal loan interest rates, processing fees and tenure offered by leading lenders:

Available Offerings Max. Loan Amount Starting Interest Rate Max. Tenure Processing Fee

Privo (Credit Saison) Personal Loan

₹5 Lakhs

9.99% p.a.

60 months

1% to 3% of the loan amount + GST

Bajaj Finance Personal Loan

₹55 Lakhs

10.00% p.a.

96 months

Up to 3.93% of the loan amount (Inclusive of taxes)

Kotak Mahindra Bank Personal Loan

₹40 Lakhs

10.99% p.a.

72 months

1.10% - 1.50% of the loan amount + GST

KreditBee Personal Loan

₹10 Lakhs

12.00% p.a.

60 months

Up to 5.1% + GST

L&T Finance Personal Loan

₹15 Lakhs

12.00% p.a.

48 months

Up to 3% of the loan amount + GST

Freo (formerly MoneyTap) Personal Loan

₹5 Lakhs

12.00% p.a.

36 months

1% onwards

SMFG India Credit Personal Loan

₹25 Lakhs

12.00% p.a.

60 months

0% to 6% of the loan amount

YES BANK Personal Loan

₹50 Lakhs

12.50% p.a.

72 months

1.15% to 2.75% of the loan amount

Federal Bank Personal Loan

₹5 Lakhs

12.75% p.a.

48 months

2% to 3% of the loan amount + 18% GST

Aditya Birla Capital Personal Loan

₹7 Lakhs

13.50% p.a.

60 months

Up to 4% of the loan amount + GST

Fibe Personal Loan

₹5 Lakhs

14.00% p.a.

36 months

Up to 2% of the loan amount

Kissht Personal Loan

₹4 Lakhs

14.00% p.a.

24 months

3% to 5% of the loan amount

PaySense Personal Loan

₹5 Lakhs

14.00% p.a.

60 months

2% to 2.5% of the loan amount + GST or ₹500 + GST (whichever is higher)

Muthoot Finance Personal Loan

₹10 Lakhs

14.50% p.a.

60 months

2% to 4% of the loan amount

Finnable Personal Loan

₹10 Lakhs

15.95% p.a.

60 months

Up to 3% of the loan amount

InCred Personal Loan

₹10 Lakhs

16.00% p.a.

60 months

2% to 5% of the sanctioned amount

Piramal Finance Personal Loan

₹6 Lakhs

17.25% p.a.

60 months

1.50% to 4.50% of the loan amount

Olyv Personal Loan

₹1 Lakh

18.00% p.a.

12 months

2% to 12% of the loan amount

IIFL Finance Personal Loan

₹5 Lakhs

18.00% p.a.

42 months

2% to 6% of the loan amount + GST

Upwards Personal Loan

₹5 Lakhs

18.00% p.a.

36 months

Up to 4% of the loan amount

Zype Personal Loan

₹5 Lakhs

18.00% p.a.

12 months

2% to 6% of the loan amount

mPokket Personal Loan

₹45,000

24.00% p.a.

90 days

₹50 to ₹200 + 18% GST (maximum APR of 48%)

Moneyview Personal Loan

₹10 Lakhs

1.33% p.m.

60 months

Starts from 2% of the approved loan amount

CASHe (Bhanix Finance) Personal Loan

₹3 Lakhs

2.79% p.m.

18 months

Up to 5.5% of the loan amount + GST

Disclaimer: The above-mentioned information is subject to change at the lender’s discretion.

Eligibility Criteria for a Marriage Loan

To apply for a marriage loan on Bajaj Markets, you need to meet the following basic requirements:

  • Indian citizenship

  • Salaried or self-employed individual

  • Minimum age: 18 years

  • Minimum monthly income: ₹9,000

  • At least 6 months of work experience

  • CIBIL score of 685 or above

Documents Required for a Marriage Loan

You will need to submit some basic documents when applying for a marriage loan on Bajaj Markets. Below is a list of the most commonly accepted ones:

Document Type Acceptable Documents

Proof of Identity

PAN/Aadhaar Card, Passport, Voter ID and driving license

Proof of Residence

Voter ID, Aadhaar Card, Passport, Driving License, Electricity bill and/or telephone bill

Proof of Income

Bank statement(s) or salary slips going back 3 months

Photographs

2 passport-size photographs

How to Apply for a Marriage Loan

Applying for a wedding loan on Bajaj Markets is quick and hassle-free. Just follow these simple steps to get started:

  1. Click on the ’Apply For Loan’ button on this page

  2. Select your profession

  3. Type in your mobile number and the OTP received on the number

  4. Enter your pincode

  5. Accept the terms and conditions after reading carefully

  6. Click on the ‘Proceed’ button

  7. You will then have to enter the following details:

  1. Following details are to be submitted next:

  •  PAN

  • Name as per PAN card

  • Date of birth,

  • Net monthly salary.

  • Employer category,

  • Employer/company name

  • Email ID

  • Gender

  • Salary credit mode (Bank or Cash)

  1. Click on ‘Submit’

  2. Receive offers as per your eligibility and choose one

  3. Provide any extra details as needed

After this, a representative will reach out to you to further process your loan application.

Planning for a Vacation After the Wedding

A honeymoon is the perfect way to celebrate after the wedding. With a wedding loan or a travel loan, you can easily plan a dream vacation. The loan can help cover travel bookings, hotel stays, shopping, and other leisure activities.

Whether you wish to explore international destinations or enjoy a local getaway, financing your honeymoon with a wedding loan ensures a stress-free start. It also gives you a memorable beginning to your new journey together.

Disclaimer

Reference of all T&C necessarily refers to the terms of the Partners as regards to pre-approved offers and loan processing time amongst other conditions.

Frequently Asked Questions

Is a marriage loan different from a personal loan?

There is no significant difference between a personal loan and a marriage loan. A marriage loan is essentially a type of personal loan, often offered with preferential interest rates or tailored terms specifically for wedding-related expenses. 

A standard personal loan, on the other hand, provides greater flexibility, allowing the funds to be used for any purpose.

On Bajaj Markets, any salaried or self-employed Indian citizen earning at least ₹9,000 per month can apply for a wedding loan. A CIBIL score of 685 or above is also required to qualify.

Yes, you can take a personal loan for marriage if you need financial support for expenses like venue, catering, jewellery, or travel. It helps manage costs without disturbing savings.

A credit score of 750 or above is considered ideal for getting quick approval and better interest rates on a wedding loan. However, lenders on Bajaj Markets accept applications with scores as low as 685.

Yes, most lenders allow you to foreclose or prepay a wedding loan. However, some may charge a foreclosure or prepayment fee.

You can get a top-up option on your existing loan, but this solely depends on your lender.

On Bajaj Markets, you generally need a credit score of 685 or above to get a personal loan for marriage. However, approval also depends on the lender’s policies and your overall financial profile.

First, check your credit score. If your score is less than 685, take the necessary measures to improve it. A good credit score will assure the lender of your creditworthiness, and you will benefit from lower interest rates.

On Bajaj Markets, you can easily check and compare marriage loan interest rates from multiple banks and NBFCs in one place. This helps you choose the most affordable option for your budget.

Yes, you and your partner can apply for a joint personal loan for marriage. This is useful if one has a low credit score, as the co-borrower adds assurance for the lender.

The decision depends on your preferences and financial situation. If you want a longer period to complete your repayment, you will end up paying more interest.

However, if you plan to close your loan sooner and save on interest costs, you can opt for a shorter tenure, but your EMIs will be higher. 

On Bajaj Markets, a minimum monthly income of ₹9,000 is required to apply for a marriage loan.

Recent surveys indicate that around 20% of loan applications from young Indians are used to finance marriage expenses.

A personal loan taken for marriage expenses does not qualify for any tax exemption or deduction in India.

View More
Home
Home
ONDC_BD_StealDeals
Steal Deals
CIBIL Score
CIBIL Score
Accounts
Accounts
Explore
Explore

Our Products