This article was last updated on April 16, 2022
Canada: 
Oye! Times readers Get FREE $30 to spend on Amazon, Walmart…
USA: Oye! Times readers Get FREE $30 to spend on Amazon, Walmart…
A wedding is probably the most magical event you experience in your lifetime. It is a promise of spending the rest of your life with your better half. The little girl in you wants to do every possible thing to make the day special. This is why a traditional wedding often costs a fortune. Do not let money get in the way of your dream wedding. Be it a unique destination, your favorite band or your dream wedding dress, you deserve to have it all.
Your savings may fall short, considering the expenses of a wedding ceremony. Moreover, it is not wise to use all your savings at once. As an alternative, you can opt for an instant personal loan for wedding expenditures. You can even check the EMIs to be paid for a specific loan amount using personal loan eligibility calculator.
Here are a few ways in which a personal loan can make your dream wedding real:
Instant Disbursal
Planning and organizing your dream wedding involve high expenses and often needs you to make quick decisions. Even after months of planning, you can meet with unexpected costs at any moment. While there are various financing options available, the most suitable one is a personal loan.
You can apply for an instant personal loan online and get the money within a few hours based on your personal loan eligibility checked on online calculators. It is the simplest way to deal with last-minute wedding expenses as it involves little or no documentation at all. It enables you to arrange funds with no restrictions.
Flexibility of Use
You need money for arranging wedding couture, be it outfits, jewelry, exotic venue for a destination wedding or lavish decorations. Similarly, cuisines are an essential part of hospitality for wedding ceremonies. The entire arrangement of post-wedding receptions, including decor, couture for the bride and groom, venue arrangement, is an affair of several lakhs. You may also want funds for post-wedding engagements such as a honeymoon.
The best part – you can get a personal loan without specifying the use of it. Moreover, you don’t have to worry about repaying it after the wedding instantly. Most personal loans offer you a flexible tenure over which you can repay the loan in affordable EMIs.
No-Risk to Assets
Another advantage of an instant personal loan is that it does not require you to back it up with any collateral or security. There is no risk to your assets. Reputable lenders such as Axis Bank offer instant personal loans that you can utilize for wedding expenses without worrying about losing all your savings. You can also check your eligibility using online personal loan EMI calculators.
Things to Consider While Borrowing Personal Loan for Your Wedding
-Plan to stick to a budget and avoid overspending on unnecessary expenses.
-Plan repaying the loan by choosing an EMI that won’t cause a financial burden.
-Maintain a good credit history, which increases your likeliness of getting a personal loan at competitive rates.
Your wedding will be the most memorable day of your life. You might have saved money for your wedding. Still, you can keep your savings aside for emergency needs. Opt for a personal loan, use personal loan eligibility calculator to check your eligibility and plan your dream wedding. You need not depend on any local unauthorized lender to borrow money. Estimate the total cost of your wedding expenses and look for affordable, instant personal loan options. Search for different lenders that offer personal loans, compare the interest rates, processing fees and then opt for the most suitable quote. This way, you can arrange funds and make your dream wedding a reality.
Always remember to plan according to your repaying capacity to avoid future worries.
Be the first to comment