Marriage Loan

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HDFC Bank
10 Second Disbursal*100% Digital Process*Quick Disbursal
Max. Loan Amt.Upto 25L
Rate of Interest9.99% - 12.5%
Tenure upto1-5 Years
Processing Fee6,500
Axis Bank
Low Processing fee
Max. Loan Amt.Upto 25L
Rate of Interest9.99% - 17.15%
Tenure uptoUpto 6 Years
Processing FeeUpto 2%
Kotak Mahindra Bank
Lowest Income requirement100% Digital Process*
Max. Loan Amt.Upto 25L
Rate of Interest9.98% - 17.2%
Tenure upto1-5 Years
Processing Fee1.1% - 1.5%
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How Can I Apply for a Personal Loan Online?

Get up to 40 Lakh in 5 Simple Steps

Step 1: Enter your mobile number in the application form

Step 2: Provide your personal details

Step 3: Enter OTP to verify your mobile number

Step 4: Select the loan purpose and loan amount

Step 5: Compare offers and apply for the best-suited loan

What is a Marriage Loan?

A marriage loan is a variant of personal loan offered to fulfil the wedding related financial obligations of the applicants, from venue bookings and catering to attire and jewelry. These are collateral-free loans with end-to-end digital processing. Marriage loans are usually offered at the same interest rate as personal loans. Consumers can avail regular personal loans from banks and NBFCs that do not offer marriage loans.

Individuals can also visit Paisabazaar app or website to compare the interest rates and pre-approved loan offers offered by different financial institutions and opt for the best rates according to their requirement.

Marriage Loan Interest Rate

Marriage loans are offered at the same interest rates as personal loans. Lenders usually offer marriage loans at interest rates starting from 9.98% p.a. for a tenure of up to 7 years and for a loan amount of up to Rs 50 lakh. Some PSU banks may also offer marriage loans at lower interest rates. The lenders set their interest rates after factoring in the age, credit score, monthly income, EMI/NMI ratio, employer’s profile, job profile, etc. of their applicants.

Fees & Charges

The processing fees and other charges charged by lenders for marriage loans are the same as those charged for personal loans. Below-mentioned are the fees and charges levied on applicants availing marriage loans.

Particulars Charges
Processing Fees 0.5% to 4% of the loan amount
Late EMI payment charges 1%-2% p.a. on the EMI overdue amount
Prepayment and Foreclosure Charges 1%-5% of the outstanding loan amount
Stamp Duty Charges As per actuals

Eligibility Criteria for Availing Marriage Loans

Lenders usually set their eligiblity criteria on the basis of age, employment profile, credit score score, monthly income, etc. of the applicants. Below-mentioned are the eligibility requirements of the applicants planning to avail marriage loans.

Particulars Eligibility
Age 18-60 years (salaried) and 21-65 years (self-employed)
Employment Profile Salaried and Self-employed
Minimum income Rs 15,000 per month (salaried), Rs 3 lakh per year (self-employed)
Credit Score 750 and above
Work Experience Minimum 1 year (salaried), Minimum 3 years (self-employed)

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Documents Required for Personal Loan for Wedding

Lenders usually ask for the following documents during marriage loan application:

  • Duly filled and signed application form with passport size photographs
  • ID Proof- Aadhar card, PAN card, Voter ID, Passport
  • Address Proof- Aadhar card, PAN card, Voter ID, Passport, Utility Bills (Electricity Bill, Telephone Bill, Gas Bill)
  • Income Proof- Latest salary slips, ITR
  • Employment/Business Proof- Employee ID card, appointment letter/offer letter, business vintage proof, proof of business address

Benefits of Availing Marriage Loan Through Paisabazaar

  • Tailor made loan offers from 30+ banks and NBFCs
  • Pre-approved offers with instant loan disbursal and zero documentation
  • Collateral-free loans
  • End-to-end digital processing
  • Flexible repayment tenure
  • Hassle-free documentation

How to apply for Marriage Loan through Paisabazaar

Through the Paisabazaar website

  • Visit Paisabazaar website and click on personal loans
  • Enter your mobile number and click on “Proceed”
  • Fill in the required details
  • Enter the OTP and view curated loan offers

Through the Paisabazaar mobile app

  • Download the Paisabazaar app and login
  • Click on personal loans and fill in the required details
  • You can view the offers offered by various lenders alongwith their interest rates, processing time, documents required and processing fees
  • Select the lender that best suits your requirement

How Can I Apply for a Personal Loan Online?

Get up to 40 Lakh in 5 Simple Steps

Step 1: Enter your mobile number in the application form

Step 2: Provide your personal details

Step 3: Enter OTP to verify your mobile number

Step 4: Select the loan purpose and loan amount

Step 5: Compare offers and apply for the best-suited loan

Avail Personal Loan For
All Your Needs

Avail Personal Loan Banner

FAQs

Lenders offer marriage loans at the same interest rates as personal loans. The personal loan interest rates usually start from 9.98% p.a. However, a few PSU banks may also offer personal/marriage loans at a lower interest rate.

Yes, marriage loans are offered to both salaried and self-employed individuals, depending on their creditworthiness.

Lenders usually charge a processing fee ranging between 0.5% to 4% from its marriage loan applicants.

The loan amounts for marriage loans are usually up to Rs 50 lakh, based on your eligibility. Lenders assess your monthly income, credit score, and existing financial obligations before finalising the loan amount.

Yes, lenders levy prepayment charges on applicants availing marriage loans at fixed interest rates. The prepayment charges usually range from 1%-5% of the outstanding loan amount. For floating interest rates, no charges are levied on the applicants.

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What our customers say

Best marketplace to shop for loans

I highly recommend Paisabazaar app to everyone looking out for personal loans. The customer support is so supportive and follows up with you throughout the loan process.

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Shweta SinghNov 13, 2025

Highly recommended platform

I applied for a personal loan for medical emergency through Paisabazaar and got amazing service like nowhere else. The team was extremely cooperative and followed up with me until I had my loan amount in my account. My loan was disbursed within 24 hours. It is indeed an excellent platform for taking loans.

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Sunil YadavOct 29, 2025

Instant loan disbursal

I applied for a personal loan through Paisabazaar and got my loan disbursed in no less than 24 hours. The team was extremely cooperative, guided me through the entire process and followed up with me until I had my loan amount in my account. I highly recommend this platform to everyone looking for an urgent loan.

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Neha JainOct 29, 2025

Excellent platform

Excellent platform for personal loan comparison! Their EMI calculator helped me pick the best tenure & my monthly emi.

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I was a medical emergency &amp; need funds instantly I applied for loan at Paisabazaar &amp; see I have a pre approved offers &amp; apply to it &amp; amount disbursed in 48 hours thanks to paisabazaar teams

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I got a loan of 2 lakh from Paisabazaar. Until now, I didn&#x27;t know that it was so easy to get loan through Paisabazaar. They helped me with all documents and process and my loan was sanctioned yesterday itself.

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Priyanka SharmaOct 15, 2025

Pre-approved offers

I logged in to Paisabazaar app and saw pre-approved offers as per my credit profile from different lenders. I could avail the offer easily and got quick disbursal in as less as 24 hours without any hassle.

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Sunanda MishraSep 28, 2025

Got personal loan in a few minutes

I had pre-approved offers. When I applied through Paisabazaar, I got my personal loan approved within a few minutes. The process was very hassle-free and the team was extremely cooperative.

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Preeti SinghSep 26, 2025

Cibil kam tha fir bhi loan dila diya

Mera cibil kam tha fir bhi paisabazaar walo ne loan dila diya mujhe jo bohot jaruri tha.

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Pawan SehrawatSep 25, 2025

Personal loan quick approved

My personal loan was quick approved on Paisabazaar. Everything was online and I was not required to submit any more documents.

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