IndusInd Bank Wedding Loan

Weddings in India are akin to grand festivals. They also come with a lot of expenses, such as the venue, clothing, jewellery, photography, catering, and so on. Even if you plan your wedding moderately, you might not have enough cash to cover all these expenses. However, does this mean you need to compromise your wedding celebration, which happens once-in-a-lifetime? Absolutely not. A wedding loan from IndusInd Bank could be just what you need in such a situation. 

Eligible applicants can secure a loan amount of up to ₹5 lakh, with a tenure ranging from 12 to 72 months. As the process has become completely digital, you can apply for and obtain the necessary funds without the need to visit bank branches. The bank also ensures that, once your loan application is submitted—whether online or offline—you can expect fund disbursal within 48 hours. Furthermore, you are not required to pledge any of your assets as collateral to secure the loan amount, which ultimately makes this personal finance loan a more borrower-friendly credit option. 

Benefits of IndusInd Bank Wedding Loan

Let’s take a look at the key benefits of a wedding loan from IndusInd Bank:

• Collateral-free credit option
• Interest rates starting at just 10.49%
• Loan amounts offered up to ₹5 lakh
• Repayment terms extending up to 6 years
• The digital application process is available online
• Fund disbursement within 48 hours

Why Choose IndusInd Bank for Wedding Loans?

The following are some of the popular reasons why people typically choose an IndusInd Bank personal loan for a wedding:

• Venue booking
• Catering services
• Event decorations
• Wedding attire
• Jewellery purchases 
• Honeymoon planning

Personal Loan for Wedding Interest Rates & Charges

IndusInd Bank’s wedding loan interest rate and other associated fees are as follows:

Tips for Getting an IndusInd Bank Wedding Loan

Following are the applicable tips you can consider for getting a wedding loan from IndusInd Bank faster:

• Maintain a good credit score.
• Pay off your outstanding debts.
• Apply for the right/eligible loan amount.
• Submit complete and clear documents.
• Showcase all your income sources.
• Consider a co-applicant.
• Opt for an online application.

Eligibility for IndusInd Bank Loan for Wedding

The IndusInd Bank wedding loan eligibility criteria are as follows: 

• You must be between 21 and 60 years old. 
• You must have a monthly income of at least ₹25000.
• You must have at least 2 years of work experience, with a minimum of one year spent at your current organisation.
• You must have lived in your current residence for at least one year if it is a rental property.

Documents Required for Wedding Loan Application

Wedding loan documents for IndusInd Bank are as follows: 

• Proof of Identity: PAN card, Driving license, Passport, or Aadhaar card.  
• Proof of Address: Utility bills, ration card, or Voter’s ID.
• Proof of Income: Salary slip for the last 3 months and Form 16/ITR for the past 3 years.
• Additional Documents: Bank statements from the past 3 months showing your salary credits, and an application form with a photograph.

What Are the Things to Consider While Taking a Wedding Loan?

Let’s examine a list of factors to consider when taking an IndusInd Bank personal loan for a wedding:

• Assess your financial situation.
• Plan your repayment strategy.
• Review the eligibility criteria.
• Understand interest rates and fees.
• Check customer feedback.
• Compare various credit options at IndusInd Bank.

How to Apply for a Wedding Loan

You can apply for a wedding loan from IndusInd Bank by following these simple steps given below: 

• Visit the official website of Urban Money.
• Click on the “Loan” option, and then select “Personal Loan” from the horizontal menu bar on the home screen.
• You will be directed to a new page titled “Personal Loan.”
• Locate “IndusInd Bank” as you scroll down and click on the “Enquire Now” button.
• A short digital form will appear on your screen where you need to enter your name, mobile number, and city.
• A 6-digit OTP will be sent to your mobile number.
• Add the OTP and tap the “Submit” button.
• Within a day, our dedicated loan specialist will contact you regarding your chosen lender and guide you until the loan amount is credited to your bank account.