Finance Your Wedding Day with a Fullerton India Personal Loan

In India, a wedding is a celebration, an exploration of rituals, culture, and a sacred commitment vowed in the presence of family and friends. It is one of the most memorable events of your life that you should enjoy to the fullest without worrying about the monetary burden. Every couple deserves an unforgettable wedding experience, with the luxury to spend on multiple occasions. 

With the help of Fullerton India’s marriage loan scheme, you can smoothly fulfill your dream of having a fairy-tale wedding.

finance your wedding day

Why choose a Personal Loan to Finance Wedding Expenses?

It is undeniable that planning a big Indian wedding is an extravagant expense. But that shouldn’t burden you with stress, especially since they are the happiest days of your life. Today, most young couples prefer to fund their weddings without borrowing from parents or relatives. Therefore, it is wise to apply for a personal marriage loan in such a case.

Fullerton India offers a marriage loan just like any other personal loan. However, it is collateral-free, which essentially means that you don’t have to secure an asset against the amount you wish to borrow. As a result, this is much easier and hassle-free than credit cards because you can repay the loan in monthly installments pay the loan in monthly installments instead of paying a hefty bill at once.

Who is Eligible for a Marriage Loan?

The eligible candidates for a marriage loan are Indian citizens between 21 and 60. In addition, salaried people with a minimum monthly income of ₹20,000 in non-metro cities (₹25,000 in Mumbai and Delhi) can avail of the loan facility. Similarly, self-employed individuals can be granted the loan after calculating their annual profits. In both cases, authorization of the loan depends on the applicant’s credit history.

Benefits of Securing a Marriage Loan

There are numerous advantages of supporting one’s wedding expenses through a marriage loan. Some of them are-

1) Quick Process

Applying for a marriage loan is a relatively quick process. Fullerton India offers an easy online application process. By simply putting in your personal, financial, and employment details, you can kickstart the process of receiving a marriage loan.

2) Uncomplicated Documentation

Often, the documentation stage of any banking activity is overwhelming. However, if you wish to apply for a personal loan at Fullerton India, you need to only provide the basic documents such as KYC, income proof and bank statements.

3) Absence of Collateral

The most significant advantage is that the borrower doesn’t need to secure an asset against the loan. This feature is attractive to the younger population who don’t have substantial investments to weigh against the debt.

4) Immediate Transfer of Funds

The journey of planning a marriage begins months before the date of wedlock. Nevertheless, acquiring funds and fulfilling monetary requirements is the first step. When your Fullerton India personal loan is approved, the funds are directly transferred to your account in 1-3 days.

5) Reasonable Interest Rates

A candidate’s decision to obtain a loan rest upon the interest rates offered by banks and financial institutions. Fullerton India provides the flexibility to let you choose a loan tenure that is suitable for you, and provides loans at affordable interest rates as per their policy, your profile and eligibility.

6) Personal Loan EMI Calculator

Fullerton India offers a personal loan calculator to know the EMI, a boon to many of its customers. You can easily calculate your monthly EMI by entering values like loan amount, tenure, rate of interest, and other processing fees.

How to Apply for a Marriage Loan at Fullerton India?

Applying online for a personal loan at Fullerton India is a straightforward process. All you need to do is follow these steps-

1) Since you will be applying online for a personal loan, verifying your mobile number is a primary requirement. Upon submitting the OTP, you will be permitted to perform the next step.

2) You will be required to fill in your personal, bank, and employment details based on which your loan will be disbursed.

3) Enter your desired loan amount along with the tenure.

4) Keep your documents ready. You must upload soft copies of the stated documents to complete your application.

5) Double-check all the information and click on submit.

6) Within a few minutes, you will be notified whether your loan is given in-principle approval. In addition, a tracking number will be provided if the loan is approved for further assessment. With the help of the tracking number, you can know the status of your loan.

7) Our representatives will corroborate additional information once they get in touch with you.

8) After verifying all the proofs and documents, you will be presented with an offer. Upon acceptance, your loan will be sanctioned.

9) The sanctioned funds will be disbursed into your bank account shortly after approval.

Concluding Remarks

Entering the holy sphere of matrimony with your partner should be a special and stress-free occasion. You and your loved ones can have a lavish and joyous celebration by keeping all financial worries at bay. Fullerton India helps you perform your nuptials with minimum anxiety. To know more about our marriage loan schemes, you can contact our Customer Service Team at 1800 103 6001 or send an e-mail at namaste@fullertonindia.com. You may also visit the nearest Fullerton India branch.

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