Marriage Loan
Do you happen to have a wedding Wishlist? The perfect location, that oh-so-gorgeous ring, mouth-watering food, a dreamy decor and the nicely-matched wedding outfits, among other things? Now you can have all of this and more without worrying about ready funds. For that, you can easily get a Marriage Loan from HDFC Bank. Our Personal Loan product is just what you need to fund your dream wedding. It is designed as a solution to a host of your financial needs and problems. So whether you're finalizing that caterer or makeup artist, choosing from among several choreographers, picking the perfect wedding dress or shortlisting the venue for your dream wedding, we have you covered.
The Marriage Loan comes with a variety of EMI repayment options and flexible tenures to suit customers. Added to that is the easy online process and quick disbursal to help you plan the wedding. All you need to do to apply for Marriage Loan is click here.
Features
Loan amount and tenure- With HDFC Bank Personal Loan for wedding, you can get anywhere between Rs 50,000 to Rs 40 lakh, with a flexible tenure of 12-60 months.
No security required- You can get a Marriage Loan without a security or collateral, as HDFC Bank gives these Personal Loans for weddings basis your monthly salary and the company you work at.
Quick, hassle-free disbursal- You can get a Personal Loan for marriage in little or no time. If you are an existing HDFC Bank customer, you can get a pre-approved wedding loan almost instantly. For others too, the approval is granted within 4 hours. Once approved, you get the loan amount within one working day of document submission.
Online application process- You can apply for an HDFC Bank wedding loan online. The process is very simple and easy to follow. In just a few clicks, you can avail apply for the loan without having to visit the bank branch in person. You can also track your application easily using our mobile app.
Ready assistance- If and when you need any help with your loan, you can always reach out via WhatsApp, Webchat, Click2Talk, PhoneBanking, or call us at 7070022222.
Eligibility
- Salaried employees at select private limited companies and public sector undertakings (inlcluding central, state and local bodies)
- Must be between 21 years and 60 years of age
- Must have had a job for at least 2 years, with a minimum of 1 year with the current employer
- For an HDFC Bank Salary Account holder, must have a minimum net monthly income of Rs 25,000. For a non-HDFC Bank Salary Account holder, must have a minimum net monthly income of Rs 50,000
*Government taxes and other levies as applicable will be charged over and above the Fee and Charges. Loan disbursal is at the sole discretion of HDFC Bank Ltd.
Documents
- Identity proof (copy of passport/voter ID card/driving license/Aadhaar)
- Address proof (copy of passport/voter ID card/driving license/Aadhaar)
- Bank statement for the previous 3 months (Passbook for previous 6 months)
- Two latest salary slips/current dated salary certificate with the latest Form 16
- Proof of end use
Interest Rates & Charges
| Rate of Interest | 10.85 % to 25.00% |
| Processing Fees | Up to ₹6,500/- + GST |
| Tenure | 03 Months to 72 Months |
| Documents Required | No Documents for Pre-approved Personal Loan For Non Pre-approved - Last 3 Months Bank statements, 2 Latest Salary Slip and KYC |
FAQs
What is a Marriage Loan?
A Marriage Loan is a loan availed of to finance a wedding. These days, weddings have become quite a fancy affair, and many people wish to have the perfect wedding. For this, not everyone may have ready cash available, and so a wedding loan is a product designed to help them plan their special day.
How to apply for a Marriage Loan?
With HDFC Bank, you can apply for Marriage Loan online. We have a very simple and easy process to help you get that Personal Loan for wedding.
What are the eligibilty criteria for a Marriage Loan?
HDFC Bank’s Marriage Loan can be availed only by salaried employees. The Personal Loan type is available only to employees of select private companies and PSU employees.
What are the documents required to get a Wedding Loan?
To apply for an HDFC Bank Marriage Loan, the documents you need are Latest Salary Slips, Photographs, KYC documents, and Last 3 month’s Bank Statements.
How to calculate Marriage Loan EMI?
You can use the HDFC Bank Personal Loan EMI Calculator to get an idea of your wedding loan equated monthly installments (EMIs).
What are the processing fees of Wedding Loan?
Loan processing fees of up to 2.50% of the loan amount, subject to a minimum of Rs 1,999 and a maximum of Rs 25,000 for salaried customers, is applicable on a Personal Loan for wedding.
*Terms and conditions apply. Personal Loan at the sole discretion of HDFC Bank limited. Loan disbursal is subject to documentation and verification as per Banks requirement.