You are getting married and your savings are not always sufficient to deal with all the expenses. But that doesn’t mean that you will have to make any compromises with your big day. So, what do you do? Avail Faircent Marriage Loan that is committed to offer quick and easy funds at the lowest interest rates. If you opt for this loan, you can live each and every moment of your marriage to the fullest and can repay the loan in easy installments later.
Faircent Marriage Loan- Interest Rate
The interest rate for Faircent Marriage Loan starts from 12%, which is reasonable low and varies from person to person depending upon your credit history, age, salary, employment, etc.
Apply for a Personal Loan online starting at only 10.25%* p.a. Apply Now
Faircent Marriage Loan- Eligibility Criteria
The basic eligibility criteria to avail marriage loan at Faircent are:
- You should be a resident of India.
- You should have a minimum gross income of Rs. 2 lakhs per annum.
- You should have the required documents with you.
Helpful Link: Check Your Personal Loan Eligibility
Faircent Marriage Loan – Documents Required
You will be required to submit the following documents at the time of verification.
| Photographs | 2 copies |
| Identity proof (any one of the following) | PAN card, Adhaar card, Voter ID, Passport |
| Date of birth proof (any one of the following) | PAN card, Passport |
| Signature proof (any one of the following) | PAN Card, Passport |
| Address proof (any one of the following) | Passport, Bank statement, Voter ID, Electricity Bill (within last 3 months), Post-paid telephone bill |
| Contact Proof (any one of the following) | Post-paid mobile bill (last month), Post-paid landline bill (last month) |
| Bank statements | Last 6 months |
| IFSC code | Scanned/cancelled cheque or copy of front page of passbook of same bank account |
| Proof of Income | Last 3 months of salary slip (for salaried professional) and last year’s business/personal ITR and take home salary (for business professional) |
EMI Calculator
Monthly EMI ₹ 15,622
Total Amount Payble ₹ 5,62,395(Principal + interest)
Principal Amount ₹ 5,00,000
Total Interest Payble ₹ 62,395
Personal Loan at Attractive Interest Rates Apply Now
Frequently Asked Questions (FAQ)
Ques: How much loan amount can I borrow?
Ans: You can borrow from Rs. 10,000 to 5 lakhs depending upon your personal financial needs.
Ques: What is the tenure for Faircent Marriage Loan?
Ans: The loan tenures at Faircent are fixed and vary from minimum 6 months to maximum 36 months to offer flexibility.
Ques: Can I choose my monthly repayment date?
Ans: Yes, the monthly repayment date can be mutually decided between 1st and 10th of every month.
Ques: What interest rate can I expect to pay?
Ans: The interest rate usually starts from 12% p.a. and is different for different individuals.
Ques: What happens in case I fail to repay the amount on time?
Ans: If you fail to pay the EMI on time, a penal interest is payable and a non- refundable collection penalty will also be charged.
Ques: Can I change the loan amount I want to borrow after applying?
Ans: No, you cannot change the amount after applying. However, if you wish to increase the amount, you can create a fresh loan request.