Start your wedding loan application now on % Bajaj Markets. Verify eligibility, enter basic details, and get your loan approved fast.
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.
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.
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.
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.
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
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 |
Applying for a wedding loan on Bajaj Markets is quick and hassle-free. Just follow these simple steps to get started:
Click on the ’Apply For Loan’ button on this page
Select your profession
Type in your mobile number and the OTP received on the number
Enter your pincode
Accept the terms and conditions after reading carefully
Click on the ‘Proceed’ button
You will then have to enter the following details:
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)
Click on ‘Submit’
Receive offers as per your eligibility and choose one
Provide any extra details as needed
After this, a representative will reach out to you to further process your loan application.
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.
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.
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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.