Can I get a personal loan for marriage?

Marriage loans are simply designed to meet your wedding expenses. Pretty often, there is a concern between where can I get a personal loan for wedding or how much loan should I avail for marriage?

To avoid the confusion, Buddy Loan, one of the biggest loan aggregators in India disburses marriage loans at lower interest rate starting at 11.99%p.a. with customized EMIs.

The loan tenure stretches from 3 months to 60 months where you can enhance your credits score. Also, meet your financial shortcomings with a loan amount extending up to Rs. 15 lakhs. This article helps you reason out why you need instant personal loan over other factors to help you during financial shortcomings! 

 

Why choose a personal loan?

Marriageloans can be used in different parts of the wedding celebrations. However, there came no restrictions ever with specifically using marriage loans.

The reason to avail a personal loan is it instant and helps you cope up with financial shortcomings. Indian weddings by far have different procedures like pre-wedding rituals and post-wedding parties. The sum is never up and total until you have money handy.

Further, you can use the money to buy outfits, makeup artists, print wedding invitations, hotel rooms, booking a banquet hall, catering charges, travel and honey money planning expenses.

Buddy Loan disburses marriageloan with lower competitive interest rates and 100% digital process. They provide collateral free loans; you need not pledge any assets. Customised EMI are the best options here as one always looks forward to while availing a loan.

Buddy Loan never compromises on the safety of its applicants’ and therefore has all the processes covered by its pool of lenders. There are no prepayment or hidden charges anywhere in the journey.

 

The EMI & tenure

An instant personal loan come with interest charges and flexible EMI. Better yet a wide slot of time where you can repay back the amount is the most convenient fashion

Marriage loans have tenure from 3 months to 5 years, ass you can borrow anywhere between Rs.1000 to Rs. 15lacs. You can design your repayment procedure with the lender’s consent for more visibility on the credit score.

You can schedule so, based out on your monthly income, financial needs and cash flow. Refer to the EMI calculators that help you gauge the expenses and EMI or instalments you can endure during the repayment.

Because, EMIs and tenure are the two factors that manage your credit score and so paying on time without a record of any defaults is best.

 

Conclusion:   

Some people redeem their savings or fixed deposits to pay for the wedding expenses. By redeeming it before maturity adds extra charges to your pocket. Hence, availing an instant personal loan is by far the best choice for financing a wedding.