Indian weddings are big affairs that some people plan for their whole life. No matter what, everything needs to be perfect on that day so that they can become memorable occasions for the couple, their parents, and all the guests. Wedding celebrations depicted in Bollywood movies have set the standards even higher, due to which no one wants to compromise with anything less than the designer wedding dress, best caterer in the city, lavish decorations, and all the pomp and show that comes along.
An extravagant ambience and multi-national cuisine go a long way towards setting moods. But for many couples and their parents, organizing an over-the-top wedding is out-of-budget. Now with a wedding loan, you don’t need to plan a wedding as you want due to lack of sufficient funds. Remember, this is a one-time affair.
So, if you are eyeing a big fat wedding but you are short on funds, then consider taking a personal loan for wedding. This particular type of personal loan can make it much easier for you to finance wedding expenses. Here are a few reasons why availing a personal loan can give you a stress-free experience overall.
Easy Online Application Process
Applying for a personal loan online is an easy process that you can complete within a matter of minutes. Just click on the above link to reach the online application page, provide your phone number, and enter the OTP you receive. Provide your basic information like name, date of birth, salary, employer, and other details. If everything seems to be fine, your documents are verified online and you get the funds in your account within 15 minutes*.
Simple Eligibility Criteria
Eligibility criteria for online wedding loans are quite easy to match. Here are a few eligibility conditions that you have to meet while applying with Clix Capital:
- You should be between 25 and 58 years of age
- You should have Indian citizenship
- You should be a salaried individual with an income of at least ₹ 25,000 per month
- You should be working with the current employer for at least 6 months and should have a total work experience of a minimum of 12 months
Before you apply for a personal loan, make sure that you meet the above-mentioned eligibility conditions. Otherwise, you will unnecessarily face loan rejections that can affect your credit score.
Minimal Documentation Requirements
If you are eligible to apply for a loan with Clix Capital, you will have to fulfil the following documentation requirements:
- Duly filled online application form
- Recent passport size photograph
- Identity proof like Aadhaar card or Pan card, or government ID for government employees
- Address proof like Aadhaar card, voter ID, passport, driving license, etc.
- Income proof, including your last month’s payslip or current year’s Form 16
Ample Amount of Funds to Plan the Wedding
A personal loan for a wedding makes an ample amount of funds available to you so that you can finance the type of wedding you always wanted. You can apply for a personal loan amount of up to ₹ 25 lakhs, which is usually more than enough to pay for all your expenses, including bridal dress, jewellery, décor, venue, catering, honeymoon, etc. What’s more? You get flexible repayment terms to repay your loan through 12 to 48 months.
Quick Loan Approval and Disbursal
The process of applying for a personal loan is not only convenient and easy but once you get loan approval, all you need to do is to get your documents verified online that hardly takes a couple of minutes. With Clix Capital, once your documents are verified, you get your marriage loan amount in your account in 15 minutes*!
Freedom to Use the Funds the Way You Want
Once you receive the funds in your account, you are free to use them the way you want. Whether you are eyeing a designer wedding dress or the best caterer in town, you can use the money the way you want. There is no restriction as to how you can use the funds, whether for decorations, venue, invitations, jewellery, music, or anything.
With easy eligibility conditions and basic documentation needs, you save a lot of time by applying for a personal loan online. Since you can apply for an online personal loan right from the comfort and privacy of your home or office, you also save time on visiting banks and lenders’ offices time and again. Overall, the entire loan application and approval process are much simpler and faster than traditional loan methods.
Easy Organization of EMIs
Online lenders organize the repayment of your loan in easy monthly instalments, thereby ensuring that you are not put under unnecessary financial stress. You can use the personal loan EMI calculator to get an estimate of the amount you pay every month and choose a tenor according to your income and repayment capacity. With low interest rates applied on marriage loans, your expenses become more manageable and affordable.
No Collateral Required
A personal loan for wedding is an unsecured type of loan for which you don’t need to risk any business or personal asset.
Now that you understand how a personal loan can ensure convenient financing for your wedding, apply for a Clix Capital personal loan for weddings here. We offer an easy and fast application and approval process, along with flexible repayment terms and competitive interest rates.
You can also reach out to us at firstname.lastname@example.org or call us at 1800 200 9898