Marriage Loans: A Smart Choice or Financial Burden for Indian Weddings?
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Moneycontrol•15-01-2026, 15:44
Marriage Loans: A Smart Choice or Financial Burden for Indian Weddings?
- •Marriage loans are personal loans for wedding expenses, unsecured and usable for various costs like venue, jewelry, and photography.
- •Moneycontrol partners with 8 lenders, offering personal loans up to Rs 50 lakh with interest rates starting from 10.50% per annum, via a 100% online process.
- •Taking a marriage loan is acceptable if you have stable finances and repayment capacity, helping maintain a good credit score.
- •It's wiser to use a marriage loan than emergency or retirement funds for a wedding, but caution is advised if you have existing loans or limited repayment capacity.
- •Major banks like HDFC Bank, ICICI Bank, Axis Bank, Kotak Bank, and Bandhan Bank offer marriage loans with varying interest rates and repayment tenures.
Why It Matters: Marriage loans can be a viable option for wedding financing if managed responsibly with stable income and repayment ability.
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