Published on Nov 25, 2021Updated on Sept 21, 2026
Who does not want to have the glitz and the glamour of a big fat Indian wedding? The sangeet and Mehendi ceremonies, replete with colourful clothes that have been a part of most Indians all throughout their lives. Additionally, the trend of destination weddings and candid photography has raised the benchmark to a completely different level. Hence, when it is your big day, the temptation to splurge to make your wedding dreams come true is undeniable.
No doubt, marriages in India generally are an expensive affair. The fun and enjoyment of a big fat Indian wedding are often followed up with a hefty bill. Not sure how to get finance for your wedding?
You do not want to be in a situation where you have a financial crisis just prior to your wedding. If such a situation does arise, the conventional way is to borrow from family and friends. However, millennials today are more independent and prefer to arrange funds through professional lending channels. Hence, millennials with a steady income are opting to take out a marriage loan to meet their wedding expenses.
A marriage loan is just like a personal loan. It is a collateral-free loan which means that you do not have to put up security against the loan amount disbursed to you. The lender does not really have a say in how you wish to use the funds that are disbursed to you in the form of a marriage loan. This makes it a very popular financial product among the younger generation today.
Must Read: How to Finance your Wedding in Few Steps?
Swiping your credit card to pay your wedding bills is the easy way out. However, accruing a lot of credit card debt and paying it within a single shot may be a difficult option for many young adults. Therefore, applying for a marriage loan instead is a prudent and wise move that helps you to manage your finances better in the long run. Some of the key advantages of applying for a marriage loan includes:
Must Read: How Much Does the Average Wedding Cost in India?
Marriage loans from SMFG India Credit can be applied for by any individual who is over 24 years of age and is a citizen of India. In addition to that, you need to have a minimum monthly salary of Rs. 25,001. Salaried applicants should also have a minimum work experience of 6 months. Your final eligibility will also depend on other criteria such as debt to income ratio, creditworthiness, etc.
Applying for a marriage loan is an easy and quick process. Simply navigate to the appropriate marriage loan application form on the SMFG India Credit website, fill in your personal, financial and employment details and submit it online. You can upload the soft copies of your KYC, employment and financial documents online to process the loan. If your paperwork is in order, your loan will be approved, and the amount credited to your bank account shortly after final approval.
You should not put off your dreams of a grand Indian wedding simply because of a fund shortage. SMFG India Credit offers a viable marriage loan that will make your once in a lifetime moment memorable forever. If you have any questions, feel free to get in touch with SMFG India Credit’s Customer Service team on their toll-free number 1800 103 6001. Alternatively, you may email them at or visit the SMFG India Credit branch near you.
Important Note: This article is for general informational purposes only and may be subject to change from time to time. As product features, eligibility criteria, interest rates, charges, fees, tenures and other terms may be revised as per SMFG India Credit's policies, readers are advised to refer to the latest details from the respective product pages (please select from the top menu). For the latest loan charges, please visit Charges & Fees Link and for the latest Interest rates, please visit Interest Rate Rationale. Please note that final loan terms, disbursement process and eligibility criteria will depend on SMFG India Credit's policies at the time of loan application.
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