Planning to have a lavish wedding? HDB Financial Services Ltd Marriage Loan is here to be a part of the most beautiful day of your life and to help to achieve your wedding goals. You just need to book the best venue, catering service, invitation cards, dresses, decorations and HDB Marriage Loan will take care of the financial part. The quick and speedy processing of this loan helps you to have instant money without any hassle.
HDB Marriage Loan – Interest Rate
Offering the lowest possible interest rates, the HDB Financial Services Ltd Marriage Loan ensures that you don’t feel the burden of paying heaving EMIs. The interest rates offered range from person to person depending upon various factors like age, salary, location, credit history, etc.
Important Link: Click to Know your CIBIL Score
Apply for a Personal Loan online starting at only 10.25%* p.a. Apply Now
HDB Financial Marriage Loan – Eligibility Criteria
The eligibility criteria for HDB Financial Services Ltd Marriage Loan are different for salaried and self- employed individuals.
For salaried individuals:
- Your minimum age should be 21 years and maximum age at the time of loan maturity should be 60 years.
- You should be employed for at least 1 year with minimum 1 month salary credit in your current organisation.
- Your minimum net monthly income for metro locations (Ahmadabad, Delhi, Chennai, and Bangalore) should be Rs. 20,000 and Rs. 15,000 for other locations.
For self- employed individuals:
- Your minimum age should be 22 years and maximum age should be 65 years.
- Your minimum years into business should be 4 years with 2 years in the same business.
- Your minimum annual income for metro locations should be Rs. 1 lakh/- p.a and Rs. 75,000/- p.a for non- metro locations.
Important Link: Check Your Personal Loan Eligibility
HDB Marriage Loan – Documents Required
| Salaried Individuals | Self- Employed Individuals | |
| Proof of Identity | Passport, Voters ID, PAN Card, Driving License, Ration Card | Passport, Voters ID, PAN Card, Driving License, Ration Card |
| Address Proof | Ration Card, Voter ID, Driving License, Utility Bill (anyone within last 3 months) | Ration Card, Voter ID, Driving License, Utility Bill (anyone within last 3 months) |
| Date of Birth Proof | PAN Card, Driving License, Passport, Birth Certificate, 10th and 12th mark sheet | PAN Card, Driving License, Passport, Birth Certificate, 10th and 12th mark sheet |
| Bank Statement | Last 3 months bank statements, 6 months bank passbook | Last 3 months bank statements, 6 months bank passbook |
| Official/business documents | Appointment letter, 3 months salary slip along with latest Form 16, ITR | Latest ITR along with computation of income, B/S & P&L a/c for the last 2 years certified by a CA, Trade License, Sales Tax Certificate |
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: What is the maximum loan amount that can be availed for marriage loan?
Ans: The maximum loan amount that can be availed through HDB Financial Services Ltd is Rs. 20 lakhs.
Ques: Are flexible tenures available?
Ans: To keep you stress free, HDB Financial Marriage Loan offers you very flexible and convenient tenures ranging from 12 to 60 months.
Ques: Any guarantor or collateral required to avail the marriage loan?
Ans. No guarantor or collateral required to avail the marriage loan.