A wedding loan, also known as marriage loan, will give you the much-needed financial flexibility to arrange your wedding ceremony with perfection.
A wedding is a sacred occasion with both families leaving no stone unturned to make the occasion as memorable as possible. However, perfection comes at a price, and often our personal finances are inadequate to fund such a luxurious affair. This is where a Wedding Loan or a marriage loan can assist in making your dream wedding a reality.
Themed weddings, employing a wedding planner, extensive pre-wedding and post-wedding photo shoots and destination weddings are common these days. Consequently, the average wedding expenditure has also undergone a steep rise. Here are four ideas on how you can make your special day memorable with a wedding loan:
1) Have your wedding ceremony professionally planned
Employing a wedding planner would free you up to enjoy the most memorable day of your life rather than spending time managing the event. Communicating with vendors, scheduling the details of the event, managing guests, and arranging the reception, everything would be meticulously done by your planner.
Employing a planner will cost you between Rs.1.5-2.5 lakh. Depending on the budget and scale of your wedding ceremony, the cost could go up. Often, because we want to cut back on expenses, we give the planner a skip. However, with a marriage loan, employing a wedding planner would be easy, especially when you have the option of paying back your loan amount according to your convenience.
2) Invest in a pre-wedding photo session
Pre-wedding photo sessions are the new flavor of weddings in recent times. It might look unreasonably expensive when you first consider it. However, giving it a second thought will help you realize the value of such a session in years to come.
After decades of your marriage, when you look back, you will be able to relive the most precious day of your life all over again with your spouse. A pre-wedding photo shoot will cost you anywhere between Rs.50,000 to Rs.2 lakh. The amount charged will also depend upon your photographer’s level of expertise and whether you would like to settle for themed setting or a normal one.
3) Throw a bachelor or bachelorette party
Use the occasion to bid farewell to your single days in a grand way. A bachelor or bachelorette party is still an uncommon concept in India. However, it is a great way to offer your closest friends, cousins, and siblings a tribute for being there beside you this far.
Not only will the event be remembered for years to come, but it will also be a great bonding time between you and the people closest to you before your special day. A bachelor or bachelorette party will cost you anywhere between Rs.20,000 to Rs.1 lakh depending on how extravagant you are willing to make it. A wedding loan arms you with the finances to bear the cost of a bachelor party.
4) Have a themed or destination wedding
Themed weddings are extremely popular these days. Destination weddings are also slowly gaining popularity across the country. These are great ways to set your wedding apart from the regular wedding events you attend, offering the same old spread.
Themed and destination weddings will cost you anywhere between Rs.15-30 lakh depending on your choice of theme or destination. A wedding loan can help you easily finance the expenditure without having to deplete your personal savings.
It is now easy for you to plan the wedding of your dreams with Personal Loan for Wedding from NBFCs. With a Flexi Loan facility, you can withdraw funds as and when required and pay interest only on the amount utilized. These marriage Loan eligibility criteria are easy to meet and require minimum documentation.
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