Marriage Loan

Your marriage is a once in a lifetime event that should be celebrated with zero compromises. Whether you’re planning an intimate wedding with your loved ones at home or a grand wedding with all your friends and relatives, a marriage loan can make your special day even more memorable! From decorations to your wedding dress, a marriage loan can fund it all.

With Zype, you can get a personal loan up to ₹5 lakhs to cover all your expenses. And while you focus on making your wedding a memorable experience, Zype focuses on making the loan experience a smooth ride for you. With no document upload or paperwork, you can complete your application in less than 5 minutes and get an approval in 60 seconds.

After you have completed your KYC, you will receive the loan in just 24 hours!

That’s not all! Paying back the money on Zype is as convenient as borrowing it. With the option of choosing your repayment plan, you can pay back the loan in 3, 6, 9, or 12 EMIs.

Features and Benefits of Marriage Loan

Whether it’s your wedding, or your loan experience, you should get what you deserve; the best! And this is how Zype can make it happen for you:

Easy Application

Complete a quick and easy application with no document upload or paperwork. Just enter your basic details like name, phone number, PAN, etc. and complete your application in 5 minutes!

Easy Application

Instant Approval and Quick Disbursal

After you have completed your application, you can get approved for a loan amount in less than 60 seconds. Complete a simple 3-step KYC and receive the loan amount within 24 hours.

Instant Approval

Affordable Interest Rate

Zype offers personal loans at an affordable interest rate starting at just 1.5% interest per month.

Competitive interest rate

No Prepayment Charges

There are no additional charges associated with prepaying your personal loans on Zype.

No-Prepayment-Charges

No Collateral

Zype’s personal loan for wedding is an unsecured loan. This means you don’t have to provide any collateral to get access to the money you need.

Collateral free loans

Flexible Repayment Tenure

You can enjoy the flexibility of choosing your personal loan repayment plan and pay back the borrowed amount in 3,6,9 or 12 EMIs.

Flexible repayment options

Marriage Loan EMI Calculator

The best borrowing practice is to check what your repayment plan and EMIs look like even before you apply for a wedding loan. This way you can create a budget that fits your financial condition and even compare offers across various lenders.

The easiest way to calculate your EMIs is by using Zype’s user-friendly EMI calculator. Just enter the loan amount, interest rate and tenure to check what your EMIs look like.  

Loan Amount (in rupee)

10,000

5,00,000

Interest Rate (in %)

1

34

Loan Term (in months)

1

72

Total Interest Payable

Total Payment
(Principle + Interest)

Your EMI is

Eligibility Criteria for Marriage Loan

One of the best borrowing practices is to check the wedding loan eligibility criteria and requirement documents of a lender before even applying for the loan. This way, you will have a smooth application process.

Age
Age

18 years or above

Citizenship
Citizen of India

Valid PAN & Aadhaar card

Work experience
Work experience

Salaried individual

15000 Salary
Monthly Salary

Monthly income of at least ₹15,000

Documents Required for Marriage Loan

Proof of photo identity
Mandatory Documents

All you need is your PAN and Aadhaar number to complete your Zype loan application and to complete your KYC to unlock the approved limit. (No physical documents required)

Mandatory documents
Proof of Photo Identity

Complete a 3-step KYC by doing a real-time selfie verification and a Aadhaar linked mobile OTP.

Proof of Income
Proof of Income (Optional)

If you wish to apply for a higher credit limit, all you have to do is submit your bank statement for the previous 4 months to get an increased offer. 

Marriage Loan Interest Rates

When you take a wedding loan, you have to pay it back with interest. Zype offers loans with clear terms of borrowing and no hidden charges. Check out Zype’s marriage loan interest rates and other charges:

Fees & Charges Amount Chargeable
Interest Rate
Starting at as low as 1.5% (monthly)
Loan Processing Charges
Processing fees from 2% to 6% on every loan
Interest on Overdue EMIs
Penal interest & late fees will be charged to your total outstanding loan on daily basis

Apply for a Wedding Loan Online

On Zype, you can apply for a wedding loan online by following these simple steps:

1) Get the Zype app from PlayStore/AppStore & complete your sign up

2) Enter your basic details like your name, mobile number & PAN number and complete your application in 5 minutes.

3) Get approved for a credit line based on your credit profile in only 60 seconds!

4) Complete a quick 3-step KYC with Aadhaar number & selfie verification to unlock your credit line.

5) Select your desired loan amount & EMI option.

6) Transfer the cash you need directly to your account in a single tap, and you will receive the amount in 24 hours.

Frequently Asked Questions

Is there any loan for a wedding?

There are many banks, non-banking financial companies, and lending institutions available in the market who offer wedding loans. Zype is such a lender who offers personal loan for marriage up to ₹5 lakhs.

Can I get a personal loan for my wedding?

Yes, you can! With Zype, you can get up to ₹5 lakhs starting at 1.5% wedding loan interest rate in 5 minutes. Just download the app from PlayStore/AppStore and complete your application in 5 minutes. Get approved in 60 seconds and receive the amount in 24 hours.

Are there any tax benefits for marriage loans?

There are no tax exemptions on marriage loans or personal loans used for any marriage-related expenses.

Can I get a marriage loan if I have a low credit score?

There are many lenders available in the market who offer a marriage loan to those customers who have a low credit score or are new to credit. However, a high credit score can get you high value loans at low interest rates.

Is it okay to take a personal loan for marriage?

Yes, taking a personal loan for marriage can help you fund any planned and unplanned wedding expenses. This way, you can have the marriage of your dreams without any compromises.

What is the difference between a personal loan and a marriage loan?

While a personal loan has no restriction on the end use, a marriage loan is designed specifically for meeting any wedding-related expenses.