Uploaded on Oct 9, 2019
Wedding loans are the unsecured type of loans which are taken to cover the wedding expenses.
What are wedding loans
Weddiing Loans
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What are wedding loans?
Wedding or marriage loans
are the unsecured type
of loans which are taken
to cover the expenses
of a wedding.
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As this is an unsecured loan
type, the borrower is not
required to put any surety
with the lender, you can avail
of wedding loans and
plan the wedding lavishly.
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Benefits of wedding loans
1. Plan a great wedding
If you want your wedding to be
arranged lavishly then availing a
wedding loan will fulfill your dream.
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2. Improve credit score
On the timely payment of EMI will
improve the credit score. This increase
in credit score will bring advantage for
further loan application.
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3. Instant approval
• There is less documentation in
wedding loans, so the loan will get
instantly approved from the lender's
side.
Approved
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4. Multi-purpose use
• You can use this wedding loan for
buying of jewellery, decorations or
purchasing clothes and can also be
used for consolidating debt or
paying for other expenses.
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5. No collateral required
• Wedding loans are unsecured loan
type and that is the reason collateral
is not required to be placed with the
lender. The borrower can avail of the
loan based on his repayment capacity
and his income level.
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