The expenses of the Indian wedding can never be estimated earlier. No matter how well you plan in advance, the chances are that you may be short of funds. To cover your immediate needs, you don’t have to use your savings or liquidate assets. It is because you can apply for a personal loan for a wedding. Do you want to know why the personal loan for wedding is the perfect funding solution? Read on! 1. It comes with a considerable loan amount The personal loan for the wedding of a known lender can help you get up to Rs.25 lakh to fund your multiple expenses with a single solution. The final amount is dependent on your eligibility and your repayment capacity. 2. It offers super fast approval The wedding personal loan comes with instant approval if you are the right candidate. Leading creditors take only minutes to sanction the loan request. You also get to access the funds within 24 hours into your bank account. 3. It helps you save time and efforts The entire loan application procedure is paperless. You can land on the website or app of the lender and start applying online. In turn, it saves your time and keeps you protected from COVID-19 as you stay home. 4. The loan eligibility and the required documents are less complex The personal loan for wedding eligibility and the required documents are basic. You can check out the entire eligibility conditions on the lender’s website to be sure. You can also use the personal loan eligibility calculator to know an amount that will be approved. 5. It helps you repay over a flexible tenure Famous lenders permit you to spread the loan cost over the longer tenure of up to 60 months. It can help you repay smaller EMIs and plan your finances better. 6. It does not require any collateral Since the personal loan for a wedding is unsecured, you don’t need to submit any collateral. It means that if you default, then you don’t run the risk of losing your security. If your cibil score is good and you are well employed, then you can get the loan approval faster and at a lower rate. The benefits of applying for the personal loan for a wedding are now enlisted. If you are short of funds for the marriage, then you can turn to the wedding personal loan today. Additional Read: Know How You Can Avail A Personal Loan For Wedding
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AuthorAman Khanna is an experienced financial advisor who is well known for his ability to foretell the market trends as well as for his financial astuteness. He has an MBA in finance from Toronto University as well as years of experience delivering seminars on sound financial practices and debt management. |