Your partner has said yes to your
proposal, and you are super excited about your upcoming nuptials. Only one
challenge, though, the funds are not sufficient. Avail the best marriage loan with
www.buddyloan.in,
know your credit score and get maximum benefits with it.
This, however, should not deter you from
applying for a personal loan for a wedding. Marriage loans do work and serve to
make your marriage process easier.
A marriage loan is a personal loan
that is used for marriage purposes. However, you don't need to prove to your
financial provider that you are getting married for them to approve the instant
marriage loan. So the money may be diverted to other uses. However, in light of
repayments, it is prudent to use the funds for the purposes it was intended.
The interest rates that accrue on marriage loans usually range from 10..25% to 24% p.a. The
maximum investment that you can get may go up to Rs.25 lakh.
What determines the amount of
buddy loan you will get is your eligibility and purpose for the credit. Some
applicants want a loan to pay for the venue or a personal loan for the
honeymoon. The loan providers also vary in terms of eligibility criteria
But there are the basic general
requirements.
·
Minimum age: Most loan providers require all applicants to be at least 21
years. However, some applicants raise the necessary age to 23years
·
Minimum Net Monthly Income: In most cases, the minimum age to apply for a marriage
loan, the applicant should earn a minimum of Rs 15000. But some lenders raise
their minimum salary requirement to Rs 25000. They also take into consideration
the current city of residence.
·
Employment type: There isn't much of a restriction
when it comes to the kind of employment. Both salaried and self-employed
individuals professionals are eligible.
·
Maximum age: A maximum of 58 years for salaried people and a maximum of 65
for self-employed people.
·
Employment status: When the applicant wants to avail of a marriage loan, they need
to have served a minimum of 2 years with their current employer. That displays
some stability in their status.
·
Credit score: With a good to high CIBIL score, the applicant is assured of
getting the loan. However, with a lower score, they get the loan but at a
higher interest rate.
Contact: pedroloanss@gmail.com for loan offfer,
ReplyDeleteMr Pedro enabled me to take advantage of an incredible opportunity to relocate and expand my business with his loan offer, at a pivotal time. The support I received from the Loan Firm Pedro working for it's was priceless.