Marriage Loan: Now there will be no tension over marriage expenses, the loan will be available easily..

Loan… We all are familiar with this term. Many of us have taken loans for home loans, education loans, or purchase of any product. In fact, in case of not being able to complete purchases or studies from one's regular income, the help of a loan is taken. Therefore, today we will share with you information specifically related to Wedding loans.

Just as the trend of destination weddings is increasing, people are now taking loans for their D-day and different banks are also helping the couple and their family and friends in making this day memorable by giving wedding loans. Is helping. Let us know all the important information related to loans for marriage.

From which banks can one take a loan for marriage?
The process of taking a wedding loan or marriage loan is just like taking any other loan. Therefore, to take a wedding loan, one should contact the bank directly. Loans can be taken from other banks like the country's largest bank State Bank of India, HDFC Bank, ICICI Bank, and Axis Bank. The loan amount can range from Rs 50 thousand to Rs 20 lakh. After taking the loan, the person will have to repay the money to the bank every month through EMI.

Wedding Loan and Interest Rate
State Bank of India (SBI)- 10.65%-15.15%
HDFC Bank- 11.00%
ICICI Bank – 10.75%
Axis Bank- 10.49%
Kotak Mahindra Bank – Starting from 10.99%
IndusInd Bank – Starting from 10.49%
These are the current interest rates, changes can also be seen in them.

How to apply wedding loan?
If you are planning to take a loan for marriage, then eligibility and some documents are required for this. As:
1. The age of the person taking the loan should be at least 21 years
2. The person's monthly income should be Rs 15,000
3. Credit score should be 750 or more

Along with the above-mentioned 3 things, documents are also required, such as:
1. Aadhar Card, PAN Card, Passport or Voter ID Card
2. Permanent address
3. Bank account statement for last 3 months
4. Salary sleep of last 3 months
5. Employment Certificate
6. Form 16 or last year's ITR

PC Social media