About Wedding Loans
Loanpao’s Wedding Loans in Delhi, India, help you finance your dream wedding without financial stress. Cover expenses like venue, catering, jewelry, and more with our affordable personal loans, designed for quick approval and flexible repayment.
Why Choose Our Wedding Loan?
- Interest Rates starting at 10.5% p.a.
- Loan Amount from ₹1 Lakh to ₹25 Lakh
- Tenure up to 5 Years
- Disbursal within 1-3 days
- Unsecured loans with no collateral
- Simple online application
- Minimal documentation
- Flexible EMI options
Are You Eligible?
| Criteria | Requirement |
|---|---|
| Age | 21-58 years |
| Income | Minimum ₹25,000/month (salaried) or ₹3 Lakh/year (self-employed) |
| Employment Type | Salaried or self-employed |
| Credit Score | 650+ preferred |
What Documents Do You Need?
- KYC: Aadhaar, PAN, passport-size photo
- Income Proof: Salary slips (3 months) or ITR (2 years)
- Bank Statements: Latest 6 months
- Address Proof: Utility bill or rental agreement
Attractive Interest Rates & Affordable Fees
| Bank/Lender | Interest Rate | Processing Fee |
|---|---|---|
| HDFC Bank | 10.5% p.a. | 0.5% or ₹3,000 |
| ICICI Bank | 10.75% p.a. | 0.75% or ₹5,000 |
| Axis Bank | 11.0% p.a. | 0.5% or ₹4,000 |
| Kotak Mahindra Bank | 11.25% p.a. | 0.75% or ₹5,000 |
| Bajaj Finance | 11.5% p.a. | 1.0% or ₹6,000 |
Extra Charges:
- Late Payment Charges: 2% p.m. on overdue amount
- Prepayment Charges: 2-4% on outstanding amount (if prepaid within 1 year)
- GST: Applicable on processing fees
Note: Rates and fees are indicative as of April 2025 and subject to change.
Calculate Your EMI Instantly
Enter values and click Calculate EMI to see results.
How to Apply for a Wedding Loan
- Complete the online application form with personal and income details.
- Upload KYC, income proof, bank statements, and address proof.
- Undergo quick verification and credit assessment.
- Review and accept the loan offer.
- Receive funds within 1-3 days.
Common Questions About Wedding Loans
What is a Wedding Loan?
A Wedding Loan is an unsecured personal loan to cover wedding expenses like venue, catering, and jewelry, with no collateral required.
Who can apply for a Wedding Loan?
Individuals aged 21-58 with a minimum income of ₹25,000/month (salaried) or ₹3 Lakh/year (self-employed) and a 650+ credit score.
What is the maximum loan amount?
Up to ₹25 Lakh, based on income and credit profile.
How long does disbursal take?
Funds are disbursed within 1-3 days after approval.
Can I prepay the loan?
Yes, prepayment is allowed with a 2-4% charge if done within 1 year.
Is collateral required?
No, Wedding Loans are unsecured and require no collateral.
What is the repayment tenure?
Up to 5 years, with flexible EMI options.
Are there special offers?
Yes, apply by 31st May for a 0.25% interest rate discount and waived processing fees.
What documents are needed?
KYC, income proof, bank statements, and address proof.
What happens if I default?
Late fees and credit score impact may occur; legal action is possible after due notice.