Marriage is expensive and not everyone can afford it. I remember my cousin asking me for help during his marriage. He asked me, can you get a loan for a wedding? I told him that yes he can. I know about this as I work in HDFC Bank and we provide marriage loans. These loans can get you somewhere between Rs. 50,000 to Rs. 40 Lakhs, and you can get this without collateral.
Can You Take Out a Personal Loan for a Wedding?
Yes, you can get a loan for a wedding. The marriage loan is actually a personal loan and you can get the amount instantly, with no collateral. Here are a few criteria that you need to fulfill to be eligible for the loan.
Salaried employees at select private limited companies or public sector undertakings.
You need to be between 21 years to 60 years of age.
You should have an experience of 2 years and have worked for at least 1 year with your current employer.
If you have a salary account with HDFC Bank, your monthly income should be Rs 25,000. And for a non-HDFC Bank salary account, the monthly income should be Rs 50,000.
And that’s all. My cousin was a HDFC Bank salary holder, and he could get the amount within a few hours. I hope this information about can you take a loan for a wedding has been helpful.
Choose NoBroker InstaCash and Get Loan for Wedding Up to Rs. 10 Lakhs in Your Account Instantly Read MoreWhat are the Documents Required for Applying HDFC Personal Loan?
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Can You Get a Personal Loan for a Wedding?
Ajay
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29 days
2024-10-28T23:06:41+00:00 2024-10-28T23:06:41+00:00Comment
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