Wedding expenses can be significant enough to stress your budget and often savings are not enough to cover the entire cost of your plans for the big day. Tata Capital Marriage Loan is offered for amounts of up to Rs. 20 lakh with repayment tenure of up to 5 years. The disbursed amount can be used to pay various wedding-related expenses including venue, catering, accommodation for guests, jewellery, invitation card, decoration cost, etc.
Tata Capital Marriage Loan
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15.5L Reviews
Get up to ₹50 Lakhs starting at 9.98%
15.5L Reviews
Wide Choice
Curated offers from 30+ lenders
Quick Disbursal
Money in your account instantly
SmartMatch
Offers ranked according to eligibility
Digital Process
Hassle-free & paperless
Find Best Personal Loan Offers
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End-to-End Digital Process
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
Tata Capital Marriage Loan
Interest Rate
Starting from 11.99%, the interest rate of Tata Capital Marriage Loan varies from individual to individual depending on the applicant’s credit score, loan amount, repayment capacity, age, etc.
Also Check: Interest rates of personal loans offered by other lenders
Fees and Other Charges
The following are some key fees and charges other than interest charges that are applicable to a marriage loan from Tata Capital:
| Type of Charge | Applicable Charges* | ||
|---|---|---|---|
| Processing Fee | Up to 2.75% of loan principal | ||
| Penal Interest/ Additional Interest | 3% on amount overdue for the month | ||
| Bounce Charge | Rs. 600 for each payment instrument dishonour | ||
| Mandate Rejection Service Charge | Rs. 450 | ||
| Outstation collection charges | Rs. 100 per instance | ||
| Statement of accounts | Soft Copy | Free | |
| Branch Walk-in | Rs. 250 | ||
| Loan Cancellation Charges | Higher among Rs. 5,750 or 2% of loan amount | ||
| Instrument Swap Charges | Rs. 550 | ||
| Duplicate Repayment Schedule | Soft Copy | Free | |
| Branch Walk- in | Rs. 550 | ||
| Duplicate NOC (No Objection Certificate) | Rs. 550 | ||
| Post-Dated Cheque Swap Charges | Rs. 850 per instance | ||
| Foreclosure Charges | Foreclosure charges | 4.5% of loan principal outstanding at the time of foreclosure. | |
| Part- payment charges | 2.5% + applicable charges on amount over 25% of principal outstanding | ||
| Foreclosure Charges for Top-Up | 2.5% on the principal outstanding at the time of foreclosure. | ||
| Any part prepayment /foreclosure made during the lock-in period will require payment of part prepayment/foreclosure charges equal to 4.5% on the outstanding loan principal | |||
| Foreclosure Charges on Term Loan Facility | 4.5% on the principal outstanding at the time of foreclosure.In case the Borrower forecloses the term loan within 6 months after doing part prepayment, foreclosure charges of 4.5% will be levied on the principal loan amount outstanding plus part prepayment amount. | ||
| Foreclosure Letter Charges | Soft Copy | Free | |
| Branch Walk- in | Rs. 199 | ||
*Note: Taxes such as GST may be applicable to the above mentioned charges as per Government rules.
Eligibility Criteria
Also know about Tata Capital Personal Loan Eligibility
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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
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