Wedding Loans

LoanTap takes in account your expenses during marriage times and therefore we offer completely flexible unsecured loan product through our Wedding Loan. Our Wedding Loan comes with interest only payment up to initial 3 months of loan tenure - with our 'Step Up' repayment plan.
Wedding Loan also offers other repayment options like EMI Free repayment plan (Interest payment every month and bullet payments towards principal outstanding every 6 months): and Term Repayment plan (Pay equal monthly installments throughout the tenure).The decision of the final repayment plan is taken on basis of your eligibility and credit checks. This eases out your monthly cash outflow post wedding. This also provides enough time for you to settle your cash flows.

We offer Wedding Loan amount ranging from Rs 50 thousand up to Rs 10 lakhs. Final loan amount decision is arrived at on basis of your eligibility and credit checks.

Wedding Loans are available for tenures ranging from min 6 months and up to 60 months.

We have a very quick and efficient underwriting system which ensures that marriage loan is delivered to you on time. It usually takes from 24 to 36 working hours; provided all documentation and credit checks are in place.

We need below documents for processing your loan request-

• PAN
• Address proof
• 3 months’ pay slips
• 6 month’s salary account bank statement
• e-NACH mandate form

However, we might request for other documents if need arises during credit checks.

Financial requirement is huge during wedding times. So, one tends to utilize all sources of funds available. Despite every requirement, one should avoid using credit cards for high amounts. Interest rates charged on credit card outstanding amount are usually as high as 3-4% per month. On the other hand, a wedding loan offers debt at much lower rate and builds in financial discipline with repayments. Normally, you save at least 50% on interest outflows when you compare wedding loan with credit card. Flexible payment of wedding loan from LoanTap gives you buffer of interest only payment for first five months.

Wedding Loan is available in cities where LoanTap is operational. Currently we are providing our loans in Bangalore, Hyderabad, Chennai, Coimbatore, Mumbai, Pune, Ahmedabad, Vadodara, Raipur, Bhopal, Indore, Jaipur, Delhi-NCR, Bhubaneshwar, Howrah, Kolkata, Nagpur, Nashik, Lucknow and Chandigarh locations.