Your wedding is an auspicious and significant occasion in your life. We would love to be your preferred financial partner to make this day a grand affair! Whether you have an exotic venue on your mind, a lavish spread of food, designer wedding attire, candid photography, or anything else on your mind, we don't think you are asking for much.
To create these beautiful moments that you will cherish for a lifetime require an adequate amount of planning and funds. Get the finance you need to make your special day more memorable with our personal loan for weddings.
*Terms and Conditions apply
Any resident citizen of India between the ages of 21 years and 60 years, and with a minimum income can avail SMFG India Credit’s personal loan for marriage. You can get loans for up to ₹25 lakh regardless of whether you are a salaried employee or a self-employed person, subject to your previous credit history. The minimum monthly income for a salaried person residing in a non-metro area is set to ₹20,000 to avail this loan and ₹25,000 for residents of Mumbai and Delhi. For self-employed individuals, a minimum annual profit after tax will be considered instead. Click here to know more about personal loan eligibility.
SMFG India Credit offers personal loan for marriage at interest rates starting 11.99%* per annum. The actual interest rate charged varies according to your financial profile including your good cibil score, the nature of employment and existing relationship with us. Further, the tenure and the loan amount is chosen also impacts the interest rate offered. Further, a processing fee of up to 3% of the loan amount may also be added.
Personal Loan Interest Rate |
11.99% to 36% |
Processing Fee |
Up to 3% of loan amount |
Loan Tenure |
Up to 60 months |
Lowest EMI Per Lakh |
₹2,224 for 60 months |
Prepayment Charges |
0% to 7%* |
To apply for a personal loan for wedding, click on the Apply Now button on this page and fill up all the requested personal, financial and employment details. Your loan would be approved online, and our representative will contact you to collect the required personal loan documents soon after. Once the documents are verified, the loan amount is typically disbursed within 24 hours. Here are the steps for an online marriage loan application:
You can also choose to apply for the loan through our Instaloan app, or reach out to any SMFG India Credit branch near you for our representatives to guide you through the application process.
SMFG India Credit offers an open-ended personal loan that can be used to meet all your wedding-related expenses.
SMFG India Credit's personal loan for a wedding is a very reliable product that can be used to meet any kind of wedding expense. You can get up to ₹ 25 lakhs* depending on your eligibility and repay the amount by choosing a flexible repayment tenure between 12 to 60 months. All you need to do to apply for the personal loan for a wedding is click on the Apply Now button above. You can also visit any of our branches and speak with our executive who can help you with the process in person, and resolve any queries you may have.
A wedding is a large expense, with no tangible returns. Even if you have sufficient savings, it is not advisable to use it all up in one shot. A personal loan for wedding allows you to distribute the cost over time and ensures that your savings do not dip dangerously low. Also, unlike credit cards, a personal loan gives you more flexibility by depositing cash into your account, which you can utilise for any wedding-related expense. While the interest rates on personal loans may be slightly higher than that of credit cards, it does give you the flexibility to repay the amount within 5 years.
Loan amounts up to ₹25 lakh are instantly approved online at SMFG India Credit, based on your profile. For certain profiles - like doctors, the maximum loan amount can go up to ₹30 lakhs. The minimum amount for a salaried personal loan applied online is INR 50,000. Customers applying directly through our branches may get lower amounts, depending on their eligibility, location, and SMFG India Credit’s policy at the time of loan application. If you are looking for a loan amount of more than ₹ 25 lakhs, we recommend a loan against securities or a loan against property.
* Terms and conditions apply
** Subject to foreclosure charges. Terms and conditions applicable.
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