Well, its time for you to tie your knot. You may have dreamed of making this day a remarkable one as every couple wishes too. Is the lack of funds standing as an obstacle? Well, if it is an obstacle then apply for wedding loans. These advances fund every aspect of your wedding to make your big day a success.
You can now fund all your expenses right from your wedding clothes to your reception, wedding cake, wedding cars, photography, honeymoon and so on.
This form of credit comes in the secured and the unsecured from. If you apply for the secured form of loans then you have to place a security against the credit amount you borrow. Thus they carry a low rate of interest as the lenders risk I dealing with you is backed by your pledged collateral. You are offered funds ranging from 500 to 100,000 for a period of 1- 25 years. However if you fail to make repayment by the due date then the lender will take charge of your pledged security to recover the amount of the loan amount.
On the other hand the unsecured loan for marriage does not demand any security. Therefore the lenders risk in dealing with you is more. Hence they carry a high rate if interest. You can borrow funds ranging from 1000 to 25000 for a period of 1- 10 years.
Eligibility criteria:
The applicant must be 21 years old.
The applicant should have a stable job with a regular income.
The applicant must earn at least 1000.
The applicant should also have an active bank account.
The online procedure will help you increase our options by providing you a wide range of the different lending institutes and the interest rates charged by each of them. You do not have to stand in long queues. More over you also do not have to go through heavy documentation.