Ujjivan Small Finance Bank Marriage Loan is for all the those salaried professionals who need to fund various wedding- related expenses like venue, catering, decoration, invitation cards, etc. A marriage loan amount of upto Rs. 15 lakh is offered by Ujjivan Small Finance Bank and it can be applied online without any hassle. The process to apply and avail the loan is simple and involves minimum formalities.
Ujjivan Small Finance Bank Marriage Loan – Interest Rates
The interest rate of Ujjivan Small Finance Bank Marriage Loan starts from 15.6% and goes upto 20%. Two individuals may get different interest rates from the bank depending on their credit score, age, loan amount, employer, repayment history, etc.
Eligibility Criteria
- You should be a salaried professional
- You should be at least 22 years old and your maximum age should be 58 years
- Your minimum monthly salary should be more than or equal to the state-prescribed minimum wage limit
Documents Required
- Address Proof (Passport / Aadhar Card / Driving License / Voters ID)
- Income Proof – 3 Months’ Salary Slips
- Bank Statements for last 6 months of main operational/salary bank account
- Company ID Card
- PAN Card
- Passport Size Photograph
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
FAQs
Q. Is it possible to foreclose Ujjivan Small Finance Bank Marriage Loan? If yes, what are the charges?
Ans. Yes, you can foreclose Ujjivan Small Finance Bank Marriage Loan.
| Before completion of 12 EMIs | 2% on principal outstanding, plus taxes as applicable |
| After completion of 12 EMIs | 1% of the principal outstanding, plus taxes as applicable |
Q. Is interest rate on a marriage loan is fixed or floating?
Ans. The interest rate on a personal loan is fixed (reducing balance).
Q. Is Ujjivan Small Finance Bank offering any insurance facility on a Marriage Loan?
Ans. Yes, credit shield insurance facility is offered by the bank that covers the loan outstanding in case of unfortunate death of an individual. The premium offered by the bank depends on the age, tenure, loan amount of an individual.
Q. How do I get my loan statement, repayment schedule and pre close projection?
Ans. To download all the above, you can login using the internet banking, you can call the customer care at 1800 208 2121 or can visit the nearest branch of the bank.
Q. How do I get in touch with Ujjivan Small Finance Bank?
- You can call on 1800-208-2121
- You can send an email on customercare@ujjivan.com