For a big wedding, especially when you have a destination wedding in mind, it costs a lot. But you can raise money for it in many ways, personal loans are currently getting more and more lenient, because they are readily available.
According to an English newspaper, approximately 20 per cent of the loan applications received from millionaires in India in the year 2018-2019 were related to their marriage financing. Personal loans are readily available. Because you can get it right away through a very simple 'online' application process. Online personal loan can help in planning a 'destination wedding'
Proper cost management
For 'Destination Wedding' you can finance some very important expenses like booking a grand venue, renowned caterers and entertainers. Online personal loans will give you financial support to do these things without any compromise. In fact, with Bajaj Finserv, you can apply online or at a branch and get a personal loan of up to Rs 25 lakh for a wedding. Loans can help you cover many wedding expenses: from designer jewelry to hotel stays for guests, wedding planners and photographers. You can cover all expenses with one loan and you do not have to take any collateral to handle it.
Flexible period for splitting costs into smaller EMIs
When you take advantage of an online personal loan for a wedding, you want to repay it through a monthly installment. But since you get an instant loan, there is no need to pay it back in a hurry. You can choose the period considering your financial situation and it does not affect your monthly budget.
Bajaj Finserv offers a period of up to 60 months and you can choose the right period using a personal loan calculator. You will have to pay the loan amount, term and interest rate to see your monthly installment. You can adjust the values for the right loan structure. In doing so, keep in mind that long periods are ideal for large loans, they reduce EMIs, while short periods keep net interest payments to a minimum.
Benefit from 'Flexi Loan' facility to take care of last minute expenses
Many unplanned, last minute expenses can arise at a wedding. E.g. Your wedding planner may suddenly demand an advance or you may decide to call a videographer at the last minute. Bajaj Finserv provides Flexi Loan facility to manage such expenses. With this facility you can withdraw money from your sanction as required. In the future, you can take a loan multiple times, without having to apply for a new one, and you can repay partially in advance without incurring any additional charges. When considering other personal loan charges, it should be noted that interest payments are not on your full approval, but are limited to the amount you have withdrawn. In fact, in the beginning when your finances need a short period after such a big ceremony, you can opt for Interest Only EMI.
Make your plans a success with instant approval and delivery
An important benefit of online personal loans is that you can handle instant finance. You can plan early without delay to book vendors or your favorite place. There is no need to wait in line for online application. When you choose Bajaj Finserv, you can easily get a personal loan. You can easily qualify for the loan by paying the minimum criteria and minimum paperwork.
Most importantly, you get the loan approved in just 5 minutes and delivered within 24 hours after checking the documents. To make your wedding an unforgettable ceremony, visit Bajaj Finserv's site and start making the event unforgettable by getting loan information. This will help you get instant approval through a customized online personal loan transaction.
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