| Particulars | Details |
|---|---|
| Interest rate | 9.70% -15.15% p.a. |
| Loan amount | Up to Rs 30 lakh |
| Loan tenure | Up to 7 years |
| Processing fee | Up to 0.50% of the loan amount (Rs 1,000 to Rs 5,000)- 50% off on processing fee |
| Foreclosure charges | As per loan variant |
| Loan type | Unsecured |
Canara Bank Marriage Loan

Get up to ₹50 Lakhs starting at 9.99%
Interest Rate
9.70% -15.15%
Processing Time
3 - 5 Days
Processing Fee
Up to 0.50%
Max Loan Amount
₹30 Lakh
15.6L Reviews
Canara Bank Marriage Loan Highlights
Canara Bank Marriage Loan Overview
*Terms and conditions apply.
Canara Bank Marriage Loan Interest Rate
Canara Bank Marriage Loan interest rates range from 9.70% to 15.15% p.a. The final interest rate offered depends on several factors, including:
Does Canara Bank Offer a Separate Marriage Loan?
No. Canara Bank Marriage Loan does not have a dedicated marriage loan scheme. However, borrowers can use its regular Canara Bank personal loan to finance all major wedding expenses, including venue booking, catering, decoration, photography, jewellery, and shopping.
Canara Bank Marriage Loan Eligibility Criteria
Applicants should meet the following eligibility criteria for marriage loan:
Applicants can also use an online personal loan eligibility calculator to estimate their eligibility before submitting the loan application.
Documents Required During Loan Application
Applicants generally need to submit KYC documents (such as Aadhaar Card, Passport, Voter ID, or Driving Licence), PAN Card, salary slips for the last three months, bank statements for the previous three months, Employee ID (if applicable), address proof, and a real-time photograph during the online application process.
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FAQs
Can I use a Canara Bank Marriage Loan for all my wedding expenses?
Yes. A Canara Bank Marriage Loan can be used to pay for almost every wedding-related expense, including venue booking, catering, decoration, jewellery, photography, wedding shopping, and travel.
How much loan amount can I get for my wedding from Canara Bank?
Canara Bank Marriage Loan offers personal loans up to 30 Lakh. The final loan amount depends on factors such as your income, credit score, repayment capacity, employment profile, and overall eligibility assessed by the lender.
Do I need to provide any security or arrange a guarantor?
No. Canara Bank Marriage Loan is an unsecured loan, which means you do not need to provide any collateral such as property or gold, nor do you need a guarantor to apply for the loan.
What CIBIL score is generally preferred for a Canara Bank Marriage Loan?
Although approval depends on multiple factors, Canara Bank generally prefers applicants with a high CIBIL score. However, applicants with credit scores of 700 or above may also have their loans approved, albeit at higher rates and stricter terms. A higher credit score may improve your chances of approval and help you secure better loan terms.
Can I choose a repayment tenure that suits my budget?
Yes. Canara Bank offers flexible repayment tenures, depending on the loan variant. Choosing a longer tenure can reduce your monthly EMI, while a shorter tenure helps you repay the loan faster with lower overall interest costs.
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Paisabazaar is a loan aggregator and is authorized to provide services on behalf of its partners.
The APR (Annual Percentage Rate) of a personal loan is its annualised cost of borrowing, which includes the interest rate as well as the processing fees, documentation fees and other fees charged during the loan origination. The APR is expressed in the form of a percentage and thus, allows personal loan applicants to detect personal loan schemes offered at lower interest rates but with higher processing fees and/or other charges.
The APR of personal loans usually ranges between 11.29% to 35%. For example, assume that you have availed a personal loan of Rs. 5 lakhs @ 10.50% p.a. with a repayment tenure of 5 years. The processing fee charged for this loan is 1.5% of the loan amount, which amounts to Rs 7,500. Therefore, the total borrowing cost of your personal loan will be Rs 1,52,317 and its APR will be 11.16%.
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Get up to ₹50 Lakhs starting at 9.99%*
Get up to ₹50 Lakhs starting at 9.99%*

















