Plan the wedding of your dreams

Nobody can dispute the fact that though Indian weddings are expansive, they are also really expensive. Indians like to spread the festivities over a few days leading up to the main event. Meanwhile, money is spent freely on clothes, invites, wedding venues, ground transport, accommodation for guests, rituals, catering, return gifts, and so on.

Even the most basic weddings cost a few lakh of Rupees, while the sky is the limit if you want to really push the envelope in terms of making it an extravaganza. So, if you’re getting married this year, it would be prudent to start perusing your personal finances for enough funds to pay for everything – and make it a wedding to remember. But here’s a note of caution to proceed with: It’s going to cost a lot!

There’s no escaping the fact that weddings are expensive. Right from shopping for essentials to paying for the catering, every expense head is a major one and most of it must be paid for in cash. Whether you plan it yourself or engage the services of a wedding planner, it’s going to take a big chunk out of your savings.

But this grim scenario need not shape up to be your reality.

There are stories galore of people cutting down on many expense heads so that they could pay for the wedding in their limited means. And what other option do they have – you can create and live out

every other illusion, but you cannot suddenly unearth a pot of gold or a trunk of banknotes to pay for the wedding. If you don’t have the means to pay for the wedding you’ve always dreamed of, you may have to scale it down considerably.

Except, you do have the means to pay for your dream wedding. Have you considered taking a personal loan for marriage ? A marriage loan does exist, though it is a relatively new concept in India. It is offered by reputed financial service providers like LazyPay in India.

What exactly is a wedding loan, and how does it help you? Here’s taking a look at LazyPay’s personal loan offering that you can finance your wedding with:

• Instant personal loan up to Rs 1,00,000
• Check your unique credit limit on the LazyPay website or smartphone app after filling in a few basic details
• Get immediate approval to take a low of Rs 10,000
• Pay interest only on the loan amount you borrow
• Repay the loan with flexible EMI plans spanning 3 to 24 months
• Use online calculators on the website or LazyPay app to know your monthly EMI based on the principal amount and tenure (in months)
• Apply for the loan to get the personal loan for marriage processed soon

LazyPay takes away the worry associated with funding your wedding. Now all you need to do is get the wedding loan money in hand and plan the event of your dreams! Begin your journey for a wonderful life with a marriage personal loan – download the LazyPay app on your phone to get started.

• Inquire about the interest rate being charged on the loan. Personal loans for marriage, or indeed, all personal loans, are more expensive than other loans since they are unsecured products.
• This means that are approved based on the applicant’s credit score and loan repayment ability only – there is no collateral or physical security that you can furnish, such as in a home loan or car loan.
• Use the online EMI calculator provided to know how much the personal loan for wedding will cost you per month. If the EMI amount exceeds 50% of your monthly income, then it is too high.
• The lower the rate of interest on the personal loan, the lower your EMI will be. LazyPay has a clear interest rate schedule – however, you may be charged more interest if your credit score is low, or if you are servicing other loans at the moment.
• Explore the possibility of taking a wedding loan only if you are certain about your repayment ability. For instance, it is not a good liability to have if you are mulling the possibility of quitting your job soon, or taking another loan.