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Plan Your Dream Wedding with Marriage Loan

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Now you can plan your dream wedding without compromising on your long list of wishes. Learn how personal loan online works in India. – PowerPoint PPT presentation

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Title: 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
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