Taking a Personal Loan for your wedding is really a great idea. Personal loans are unsecured and flexible loans that means you can easily apply without any security.
Nowadays Banks and NBFCs (Non-Banking Financial companies) provide personal loans in Indore or anywhere in India. The average interest rate i am aware of currently is between 12% to 18%. So if you are interested in taking a Personal Loan for wedding then you have to fulfill Personal loan eligibility criteria –
The Basic Eligibility Criteria That Are Set By Each Institution for a Personal Loan Are:
- You should be an Indian citizen
- Your age should be minimum 21 years
- You should be a salaried professional or a self-employed individual
- Your income should match up to the mark of the city you are residing and the amount of loan you are applying for
- You need to submit salary slips, bank statements, employment proof, ID proof, address proof, and age proof, etc
So if you are eligible for a Personal Loan then you can easily apply online or offline for a personal Loan for wedding.
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