Marriage Loan - Apply for Wedding Loans Online in 2 Mins

Wondering how to fund your dream wedding? We have the perfect solution for you! Avail an affordable marriage loan in India through Money View.

Here’s Why Should You Use a Personal Loan to Fund a Wedding

Given below are reasons why you should get a wedding loan from Money View to fund your celebrations:

Affordable Interest Rates

A personal loan is an economical option compared to availing wedding loans from unorganized lenders or even using a credit card. The rate of interest on a personal loan is much lower

Minimal Documentation

Imagine having to submit just 3 documents and all online! That’s the advantage of availing personal loans from Money View

Instant Eligibility Check

You can check your eligibility in just 2 minutes by visiting the MoneyView website or downloading the app.

No Guarantor Required

You don’t need collateral or guarantor to avail a personal loan from Money View

Loan Disbursal in 24 Hours

Once your loan application is approved, the amount will be credited to your account within just 24 hours

Loans for Low Credit Score

Thanks to Money View’s unique credit rating model, even if you have a relatively low credit score, you can get a loan. So, if you want an urgent loan with bad credit in India, you know where to apply

Versatility: A wedding involves many different kinds of expenses. As a personal loan is not tied down to any strict end-use, you can make use of the personal loan for any of the expenses related to a wedding

An Effective Way to Keep Your Savings Intact: Many individuals often use up their entire savings to fund their wedding expenses. On the other hand, a personal loan works better here, as it can help you retain your savings and build up some financial discipline as you will have to pay the EMIs regularly

Money View Marriage Loan Eligibility

In order to avail a marriage loan from Money View, you need to fulfill the eligibility criteria given below -

Applicants must be between 21 years and 57 years
Applicants must receive an income of Rs. 13,500 or more^*
Income must be credited directly to the applicants’ bank account
Credit score must be a minimum CIBIL score of 600 or minimum Experian score of 650

Given below is a city-wise breakdown of the income and credit score requirement -

Income and Credit Score Eligibility Criteria^*
Salaried Individuals	Minimum In-Hand Income	Area of Residence	CIBIL Credit Score Requirement
	Rs 13,500	Any	CIBIL Score of 600 /Experian Score of 650 and above
	Rs 20,000	Mumbai/Thane or the NCR region (Delhi, Noida, Gurgaon, Ghaziabad, Faridabad, etc.)	New to Credit or CIBIL Score of 600 /Experian Score of 650 and above
	Rs 15,000	Metro City other than Mumbai and NCR	CIBIL Score of 600 /Experian Score of 650 and above
Self-Employed Individuals	Rs. 15,000	Any	CIBIL Score of 600 /Experian Score of 650 and above

Money View Marriage Loan Documentation

You will need to provide the documents given below to avail a wedding loan from Money View -

Identity Proof	Address Proof	Income Proof
PAN Card - This is the primary ID proof required. However, if it is rejected due to image quality issues or other reasons, any 1 of the officially valid documents given below will suffice Aadhaar Card Valid Indian Passport Valid Voter ID Valid Driver’s License	Any 1 of the following - Aadhaar Card Valid Indian Passport Valid Voter ID Valid Driver’s License Utility Bills (Electricity, Water, Gas) dated within the last 60 days	Salaried Applicants - Last 3 months’ bank statements of your salary account in PDF format showing salary credits OR Self-Employed Applicants - Last 3 months’ bank statements in PDF format if you are self-employed

How to Avail Money View Marriage Loan

Follow the steps given below to avail a wedding loan from Money View -

Check your eligibility

Visit the Money View website or download the app. Enter the necessary details and find out your eligibility in just two minutes

Choose your loan plan

Select the loan amount and repayment term of your choice based on your eligibility

Provide necessary documents

Upload the required documents online effortlessly

Avail loan within 1 day

After your documents are verified and loan agreement is submitted, the loan amount will be credited to your bank account within 24 hours

Note -

Once your documents are verified, you will receive a NACH form which needs to be printed, signed, scanned, and sent back to us
This step will enable the auto-debit facility from your bank account and allow you to pay your EMIs on time automatically without any manual intervention.
On receiving your NACH form, you will need to review the loan agreement on the app. Please submit the application after reviewing all the terms and conditions thoroughly

Money View Marriage Loan Interest Rate and Other Charges

Given below are the fees and charges for personal loans from Money View -

Fees and Charges	Amount Chargeable
Interest Rate	Starting from 1.33% per month
Loan Processing Charges	Between 2% to 8% of the approved loan amount
Interest on Overdue EMIs	2% per month on the overdue EMI/Principal loan amount
Cheque Bounce	Rs.500/- each time
Loan Cancellation	No additional charges levied The interest amount for the period between loan disbursement and loan cancellation will be payable. Processing fees will also be retained

In Conclusion

You no longer have to run from pillar to post to try to avail wedding loans from other banks or lenders. Instead choose the versatile and easy to avail personal loan from Money View at competitive rates. You no longer have to compromise on the quality of your wedding due to lack of funds. Visit the Money View website or download the app to apply today.

Marriage Loan - Related FAQs

What should I keep in mind while availing a wedding loan?

Here are some factors that will help you before you plan to apply for a wedding loan -

Create Your Wedding Budget
Create a budget taking into account the expenses planned. Always make sure to plan your expenses well within your range of budget.
Estimate Your Loan Requirement
Once you have your wedding budget in hand, estimate what portion of it will be funded out of your savings and what portion would come from a loan.
Ensure Your Income is in Sync with Your Loan Amount
Once you are able to decide about the figure of the personal loan, it is good to make sure that the amount is in sync with your income. When you apply for a loan, lenders look at your income and other commitments like loan and credit card payments to ensure you can comfortably pay back your EMI.
Take Care of Your Credit Score
Credit score is a reflection of your earlier and current creditworthiness and is one of the key determinants of getting approval or rejection for your loan. So it is important you check your credit score and ensure you have a good credit score before applying for a wedding loan.

How can I track my personal loan application status?

Once you have submitted an application, you can track your application status on our app or website by following the steps below -

If you’ve applied on our website
- Go to the login section on the website by clicking here: /apply-loan/signup
- Login into your loan account with your registered email ID
- Go to the ‘Dashboard’ section of your loan account
- Scroll down to the ‘Application Status’ tab to know the status of your loan application
If you’ve applied on the Money View app
- Open the Money View app
- Register yourself with a valid email ID if you haven’t done it yet
- Head over to the ‘Loans’ section
- You will then be automatically redirected to the ‘Application Status’ screen where you can check your application details
- If you have the Money View Loans app, you’ll be directed to the ‘Application Status’ screen automatically as soon as you open it

Can I get a personal loan if my CIBIL score is low?

Yes, you can. At Money View, we use a unique in-house credit scoring model and therefore our credit score requirements are much lower than other lenders. As long as you have a CIBIL score of 600 and above or Experian score of 650 and above, you can avail our personal loans.

What can cause low credit scores?

One could end up with a bad credit score due to a lot of reasons which can vary from one person to another. However, the most common reasons due to which individuals might land up with bad credit are -

Defaults in repayment of old and existing loans or credit cards
High credit card utilization or a high number of hard inquiries
Those who do not have a credit score as they are new to credit i.e., they have never availed credit earlier

What is the difference between secured and unsecured loans?

Secured loans are those that are provided against collateral such as home loans, auto loans, gold loans, etc. Unsecured loans are those that do not require collateral such as personal loans. Money View personal loans are unsecured loans and do not require any collateral or security.

Apply for a Wedding Loan

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