99 Marriageguru Friendly Wedding Loan Apply For Wedding Loan

Wedding Loan

There are only a few events in one's life which are grander and more important than one's wedding. Memories for a lifetime with the closest people in one's life, all squeezed into a few days. In the run up to a wedding, the stress to ensure that everything is just perfect naturally increases. One might budget for a wedding but one can definitely not plan for everything to work as envisioned from the beginning. From the venue details to catering requirements, from accommodation of guests to decorations around, every little change in detail comes with added cost requirements and many decide against making these changes and compromising on their grand event. With 99Marriageguru marriage loan, never again will you feel the need to make your special day any less grand. Our marriage personal loans ease all your needs to make your wedding better instantly.

What is a Wedding Loan? What aspects are covered under it?

A Wedding Loan is a personal loan which you can avail to incur the expenses of your wedding. From printing invitation cards, to booking hotels for guests, to choosing the right outfit, buying jewelry, deciding the venue, selecting a caterer etc, all of this requires you to spend a huge amount of money. Taking a personal loan for marriage is an easy solution to all these expenses. It is crucial that you fix a budget even if you plan to take a loan for marriage. It becomes easy to make all the arrangements with a budget. Even if there are any last minute expenses, your finances do not face the brunt as majority of the amount is covered under the loan. 99Marriageguru has now made it easier to avail a Marriage Loan in India.

Benefits and Features

  • Competitive interest rates
  • Wedding Loans ranging from ₹ 1,000 to ₹ 15 Lakhs
  • Hassle-free documentation
  • Instant money in your bank account
  • Tenure period ranging from 3 to 24 months

Factors Considers Before Sanctioning a Marriage Loan

Whether your personal loan application for the purpose of financing wedding gets approved or disapproved by the issuer depends on a couple of factors. These include:

  • Age of the applicant
  • Employment status of the applicant, i.e., whether the individual is employed or not
  • Type of employment of the applicant, i.e., whether the individual is self-employed, salaried or professional)
  • Net income of the borrower
  • Credit score

99Marriageguru Loan Documentation

To get approval on personal loan, you need to submit a set of documents. These documents comprise of all the information that is vital for Us to:

  • identify you,
  • know details about your business,
  • know about where you live, and
  • know about your employment status

This information is critical for us. It is on the basis of this information that the 99Marriageguru decides whether you'll be able to pay back the loan on time or not. So, the common documents that are required to be submitted by all individuals include:

  • Proof of Identity – For this, you can submit one or a combination of the documents as listed below:
    1. Voter ID Card
    2. Aadhaar Card
    3. PAN Card
    4. Passport
    5. Driving License
    6. Ration Card (with your photo)
    7. NREGA Job Card
  • Proof of Residence – For this, you can submit one or a combination of the documents as listed below:
    1. Ration Card
    2. Passport
    3. A copy of utility bill – not older than 3 months
    4. Voter ID Card
    5. Driving License
    6. Lease or Rent Agreement
    7. Domicile Certificate, only if issued by the Municipal Corporation
  • Proof of Age – Most banks will not ask for a separate document as a proof of your age as this will already be included on your ID card. However, if you are required to submit a separate document, you can submit either of the following:
    1. Aadhaar Card
    2. PAN Card
    3. School Leaving Certificate
    4. Birth Certificate
  • Proof of Income: This is a crucial document that will help the bank make a decision on your creditworthiness. If 99Marriageguru satisfied with the financial documents submitted by you, they will grant you the loan. The proof of income for both salaried and self-employed individuals is different. The documents required for both are given as follows:
    • Self Employed Individuals
    • In addition to the documents listed above, the self-employed individuals will also have to submit:
    • Audited Financial Statements – Balance Sheet and Profit and Loss account
    • ITR of last 2 years
    • Bank Statements of past 6 months
    • Salaried Individuals
    • Salaried individuals will have to provide the following documents in addition to the common documents listed above:
    • Statement of salary account of the past 3 months
    • Form 16
    • Salary slip showing all the statutory deductions