5 reasons why a Personal Loan is a great way to manage your wedding expenses

Naturally, your first instinct may be to dip into your savings. This isn't wise as you run the risk of exhausting your funds with rising costs. Moreover, it can lead to forgoing desires and purchases, which isn't ideal for your special day. There is another way you can have your cake and eat it too, and it is to opt for a Bajaj Finserv Marriage Loan. This personal loan for wedding celebrations offers ample funds, and you can finance the wedding of your dreams with funds for everything on your wishlist. 

Read on to know how a Bajaj Finserv marriage loan can make financing your wedding simple and affordable. 

Digital application process helps you save both time and effort

A house preparing for a wedding is full of bustling activity with no time to spare for anything else. Several tasks require your undivided attention, and you may not have the time to be part of a long and tedious loan application process. This problem only worsens if you opt for an instrument that requires a list of paperwork to process the loan. 

Thankfully, with a Bajaj Finserv marriage loan, you can easily apply online from the comfort of your home. You only have to provide basic personal, professional and financial details via the application form online. Then, to prove your eligibility, submit minimal documentation like address, income and employment proofs. With everything in order, you can be done in a jiffy. 

Generous loan sanction with no restrictions to finance the wedding of your dreams

With a Bajaj Finserv wedding loan, you don't have to worry about a shortage of funds, and you can ensure that nothing falls short on your special day. This personal loan for wedding offers a sanction of up to Rs. 25 lakh with no restrictions on its end-use. As such, you can use it to fund any expenses, including the venue, decoration, clothing, catering, stays for guests, and even your honeymoon. Rest assured that with this loan offering, you will face no financial constraints whatsoever.

Quick access to necessary funds, ensuring no anxious waiting 

Wedding preparations are time-sensitive matters, especially if your wedding is during the peak season. For instance, booking the best or desired wedding venue and caterer can be quite challenging, with slots filling up quickly. With multiple weddings, securing their dates well in advance is pertinent, but this entails putting down booking amounts. With a marriage loan, you can access the loan sanction promptly and flexibly. In addition to having simple loan eligibility criteria, this is an unsecured loan, eliminating the need for a lengthy asset evaluation process, assuring quick approval within minutes. Moreover, once approved, the loan amount is disbursed within 24-hours*.

Flexible repayment terms and tenor, ensuring zero stress on your finances

Bajaj Finserv provides competitive personal loan interest rates with a flexible tenor of up to 60 months to eliminate any potential stressors with availing of a wedding loan. This means that you can have the celebration of your choice and ensure that repayment is a breeze! Bajaj Finserv also offers the Flexi loan facility, where you can pay interest-only EMIs for the first few months of your tenor. This way, you can plan your finances and save up to 45%* on your EMI outgo. Under the same facility, you can withdraw parts from the approved sanction and only pay interest on the used amount. This helps finance all unplanned expenses without worrying about increasing the cost of the loan.

A Bajaj Finserv Marriage Loan helps you execute the best wedding day possible by removing any financial obstacles. Digital tools such as the personal loan interest calculator and the eligibility criteria calculator aid smart borrowing efforts and help you borrow optimally. What's more, you can manage your loan via the specialised personal loan app, making things that much simpler. Check your pre-approved offer today to enjoy all these loan benefits and avail of funding in the quickest way possible.