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How to finance your wedding the easy way

  • Highlights

  • A Personal Loan for Wedding can ease the financial impact a wedding may have on your savings

  • Check out the eligibility criteria for applying for a Personal Loan for Wedding

A wedding is a time of celebration and happiness, so don’t let insufficient funds stop you from adding all the glamour you want to your special day. A personal loan for wedding is a customised loan offering, designed to suit the many expenses you are sure to incur. Whether it is the cost of the venue, catering, or accommodation for the guests, and décor, this loan will help you fund it all.
Before you borrow the loan, it is important to know its features so that you are aware of exactly what’s in store. Here is all that you need to know about a personal loan for wedding.

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Eligibility criteria and documents required:

1. Salary slips and bank statements: These help the lender estimate your financial ability to repay the loan.
2. Employee ID card: This document verifies your employment status.
3. Passport/ voter’s ID/ driver’s license/ PAN Card: Lenders need any one of these documents to attest to the fact that you are an Indian citizen.
4. Electricity bill or phone bill: These documents act as your residence proof.

Additional Read: 20 Essentials To Keep In Mind While Planning Your Wedding

Take a look at the benefits of a personal loan for wedding.

Get cash in bank within 24 hours:

You will have access to the loan amount with 24 hours after your application has been approved. Opting for this finance is the ideal way to address all your urgent needs. You can complete the quick online application and have your loan approved in just 5 minutes. This means that you are free from the hassle of visiting the branch and standing in queues.

Use the principal up to Rs.25 lakh your way:

You can now finance all the expenses of a wedding by taking a single loan. With a loan limit of Rs.25 lakh, you can easily use the amount to pay for the entire wedding. Moreover, you have complete freedom on how you choose to use the loan amount. Be it for funding a destination wedding in Bali or for buying your chosen pieces of wedding jewellery, use an online personal loan to fund your needs

Personal Loan for wedding

Avail the Flexi Personal Loan for unplanned expenses:

This loan features a convenient line of credit option for unplanned expenses. When you choose this facility, you will get money via a credit line for a chosen tenor. You can withdraw money from this credit line as per your needs. Its USP is that you only have to pay interest over the amount that you actually use. Further, your EMI comprise only on your interest component, helping manage your monthly cash flows with ease. You can pay off the principal at the end of the tenor. You can even convert the line of credit into a term loan any time during the tenor.

Additional Read: 8 Costs To Keep In Mind While Planning Your Wedding

Get online account access for added convenience:

Once you have applied and received the loan amount, you can log on to the vendor’s website to manage your loan. You have the provision to view all important loan details such as balance and interest statements. All you have to do is sign into your account with your user ID and password.

Finance a wedding with the convenient Personal Loan for Wedding by Bajaj Finserv. This loan offers you a nominal interest rate, simple eligibility criteria, flexible tenor, and various other benefits

The content of this document is meant merely for information purposes. The personal loan features mentioned in this article are subject to updation, completion, revision, verification and the same may change materially based on policy revisions. For more details, please visit our Personal Loan terms and conditions page here.

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