Planning your wedding on your own can be fun with all the challenges, the fear, and the whole new level of excitement occupying the mind. This, owing to the excessive financial planning required, will prove to be a learning experience. Apart from managing the common tasks such as finding a good wedding venue: spacious, cost-effective, and easily accessible by car, bus or other means of transport; a good catering service, and a good wedding photographer alongside ensuring sufficient funds to manage the unplanned events.
Also, you have to avoid consuming your savings because you would be needing most of it while commencing your married life. Instead, as most people are doing now, take a Personal Loan for Wedding to manage the wedding expenses. Applying for a personal loan will give you instant access to ample cash which can be used as buffer.
What are the benefits of taking a wedding loan?
Talking of the benefits, there are several things to talk about but let’s just focus on the primary ones. Accordingly, the key benefits of taking a personal loan for wedding are:
- High loan limit: The loan amount is quite high. You can borrow as much as Rs 25 lakh if your creditworthiness allows you to do so.
- Faster approval: The loan approval takes in between 5 minutes to 48 hours depending on your creditworthiness.
- Part prepayment facility: Lastly, the scheme comes with part prepayment facility which allows the borrower to part prepay their loan and lower down the overall interest payable.
Bottom line: Don’t forget to compare the different wedding loan schemes before taking any final decision.
Also to read This: How to Apply for Personal Loan using your Aadhaar Card
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