Unlock Best Marriage Loan Offers From My Mudra
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How the Wedding Loan works?
A wedding loan is an unsecured loan that can be approved using financial documents, personal details, and a CIBIL score. Boost your CIBIL score and increase the chances of getting a wedding loan from My Mudra today. Opting for a wedding loan can solve all money-related problems and helps you to enjoy the day by leaving financial stress aside.
All the top banks and NBFCs are providing marriage loan at different interest rates. Opting for a personal wedding loan with the least interest rate is the smart decision in the long run life. My Mudra is giving the least rate of interest for marriage loan.
Documents required for a Marriage Loan
Lenders require the following documents from their Marriage Loan applicants as a proof to establish their identity, place of residence, income and repayment capacity.
- ID Proof (Aadhar card/PAN card/Passport/Voter ID)
- Address Proof (Electricity bill/Telephone bill/Gas bill/Aadhar card/PAN card/Passport/Voter ID)
- Bank account statement for last 3 months
- Latest salary slips
- Employment proofs
- Latest ITR or Form 16
Which banks to prefer for this loan
Bank | Rate Of Interest |
---|---|
10.65% | |
10.49% | |
10.95% | |
10.75% |
An Equated Monthly Instalment (EMI) calculator is a digital metre which shows the calculation of your monthly EMIs, a simple online tool that makes EMI calculation very easy and fast.
To get the results from the Marriage Loan EMI calculator, you just have to provide three basic information related to the loan that has to be availed: loan amount, repayment tenure (in years), and rate of interest. After providing the details press Enter button and you will know your EMI calculation instantly.
This EMI calculation process will help you plan your budget so that before the due date you can pay your EMIs on time.
Frequently Asked Questions on Marriage Loan
The interest rate for the Marriage Loan is 10.25% R.O.I.
There is no such difference in the interest rate for salaried and self employed people availing Wedding Loan.
A person needs PAN Card, Aadhaar Card, 750+ CIBIL Score for marriage loan.
There are many platforms like My Mudra who are providing Marriage Loan online.
A person can repay Personal Loan in 12 months to 36 months.