Plan Your Dream Wedding with Marriage Loan

1
MARRIAGE LOAN Live Your Dream, Create a Memory !
2
Definition of marriage loan

• Marriage Loan is an approved personal loan to
  fund your dream wedding. This is an offering to
  meet your innumerable, unforeseen expenses,
  during times of your marriage. Our personal loan
  can help to sponsor your special celebrations and
  extravaganza!
• Our marriage loan takes care of all your
  exorbitant expenses to make your wedding
  experiences memorable and fonder.

3
Reasons to apply for a marriage loan

• We all know that marriage is a big day everyone
  awaits in their life for. And since our spending
  is always bigger than the pocket, its inevitable
  to plan finances beforehand.
• To meet all planned and unplanned requirements
  ranging from a grand marriage venue to the
  decoration, expensive wedding outfits to
  photography, every individual wishes for the best
  of everything. Therefore, a marriage loan can be
  easily considered today!

4
Points to Remember when taking a Marriage Loan

• Decide your loan amount Estimate your expenses
  and decide the loan amount accordingly. Do not
  overburden yourself.
• Understand the process well Be very clear about
  the steps for loan application and disbursement.
• Explore all available offers Go out in the
  market to look for all available offers and then
  make a choice.
• Know the terms and conditions Take clarity on
  the relevant terms and conditions of the marriage
  loan. Check for any hidden charges or applicable
  interest rates.

5
Eligibility to get a marriage loan

• Age The usual age limit is between 25-60 years
  of age
• Employment An individual must be self-employed
  or salaried for continued 2 years at least.
• Credit score A credit score above 700 is
  admissible for a quick loan. However, it varied
  from lender to lender.
• Income An individual must have atleast an income
  of Rs.20,000 or above, on a monthly basis.
• Loan amount  The loan amount can range between 3
  lacs to 20 lacs. This bracket can depend on the
  financial institution or bank.
• Duration The tenure varies based on the borrowed
  amount and EMIs you decide upon. The maximum
  tenure for a personal loan is not more than 5
  years.

6
Documents Required for a Marriage Loan
To confirm identity and safety, Every
Bank/Financial institution requires a certain
list of documents before loan approval.

• Proof of identity PAN card, Voter ID, Driving
  license, Aadhaar card, Passport, Ration card
• Proof of address Any document with the current
  address printed on it can be taken as a valid
  address proof such as Rent agreement, DL,
  Passport, Voter ID, Aadhar card,
  telephone/electricity bill
• Age Proof Birth certificate, class X Passing
  Certificate or any other document carrying the
  Date of Birth.
• Bank statements Bank statements of an individual
  can ensure the lender of the borrowers repayment
  capacity and personal savings.
• Salary slips Last 3 months salary slip
  (applicable to the working class individuals)
• Certified balance sheet This is for the
  self-employed

7
Conclusion

• Marriage loans are taken to bear marriage
  expenses
• Quick approval disbursal
• Flexible duration of repayment
• No collaterals
• Customized loan offers
• Interest rate ranges between10 to 20.
• No hidden charges

8
THANK YOU !!

• Whenever there is a financial crunch, its always
  better to foresee the needs and plan a back-up.
  No one wants to settle for less, hence, a
  marriage loan is the solution for you!

VISIT TO KNOW MORE www.purposeloan.in