Worried about planning the wedding of your dreams? Get a personal loan
- The Bajaj Finserv personal loan for wedding makes sure that you stay stress-free on the D-day
Getting married is a big personal milestone, and one that is celebrated in grand fashion in India. Additionally, traditional weddings in the country feature multiple ceremonies and can last anywhere from a few days to weeks. This makes them expensive undertakings. A recent survey about personal loans attests to the fact that most people find it difficult to finance their wedding on their own. It revealed that around 20% of all loans taken by youngsters in 2018-2019 were for wedding-related expenses.
To finance your wedding, you too can opt for offerings such as personal loans for weddings as they are collateral-free and offer a sizable sanction. Further, the sanction bears no spending constraints, thereby allowing you to efficiently allocate it to the various expenses, as you see fit.
To understand its usefulness better, take a look at the ways in which a personal loan can help you plan an opulent wedding.
Plan a destination wedding owing to an ample sanction:
Instead of simply booking a hotel in the city you reside in, why not plan a destination wedding? You can choose to get married at the seaside or an erstwhile palace without wiping out your savings. Despite the fact that a destination wedding costs even more than a regular wedding, you have nothing to worry about. You can take care of big-ticket expenses such as the flight tickets, hotel stay and booking a venue with this loan’s substantial sanction. When you choose Bajaj Finserv Personal Loan for Wedding, for instance, you get up to Rs.25 lakhs to make arrangements.
Hire vendors of your choice with instant financing:
Aside from managing the venue and catering, you’re also likely to hire a wedding planner, photographer and videographer to make sure that your special day is planned and captured perfectly. If you’re getting married during peak season, booking the vendors of your choice may be tricky. To ensure that you don’t have to make any compromises, Bajaj Finserv allows you to qualify for this loan easily, with simple eligibility criteria. Moreover, you can apply online in minutes. Bajaj Finserv offers approval in just 5 minutes, with disbursal to your account within 24 hours. With quick access to finance, you can ensure that you don’t lose out on vendors of your choice.
Plan your wedding according to your preferences without worrying about repayment:
An excellent feature of a personal loan is that you don’t have to worry about repaying it in a hurry immediately after the wedding. Most personal loans offer you a flexible tenor to do so at your own pace. For instance, Bajaj Finserv allows you to finance wedding expenses comfortably and then repay the amount over a generous tenor of up to 60 months. When you’re planning, you can make use of the personal loan calculator to find an EMI structure that matches your repayment capabilities. Choose a long tenor to keep EMIs to a minimum or a short tenor to pay higher EMIs and clear the loan quicker.
Take care of every expense effortlessly with the Flexi Loan facility:
Procuring licenses at the very last moment or having to shift from an outdoor venue to an indoor one owing to unseasonable rain can throw a spanner in your wedding preparations and cause panic. Therefore, it’s important to have some finance that you can access for the various unplanned expenses that crop up. Bajaj Finserv offers you just this with its Flexi Loan facility. Whether you need to book extra photographers or hire a shuttle service to ferry your guests to and from the airport, you can count on this resource for instant financing.
It permits multiple withdrawals from the approved sanction any time you need funds. Here, the interest charges are limited to the amount withdrawn only. Additionally, to aid repayment, you can opt to pay interest-only EMIs for the initial part of tenor and thus reduce your monthly instalments by up to 45%.
Apart from offering you a range of conveniences such as online account access and the Flexi Loan facility, Bajaj Finserv’s Personal Loan for Wedding is extremely cost-effective too. In fact, it is one of the lowest interest rate personal loans in the market. Moreover, if you’re pressed for time, Bajaj Finserv allows you to check your pre-approved offer to apply. You can hasten approval by applying via a tailored personal loan deal.
Disclaimer: This is a company press release. No HT journalist was involved in the creation of this content.