Marriage Loan - Apply for Wedding Loan Online in 3 secs* with Kotak Mahindra Bank

Personal Loan for Marriage

Are you thinking about tying the knot? Indian weddings have always been about celebrating togetherness with almost every distant relative or friend coming together to be a part of your special day. However, as the host, you have to put your best foot forward and ensure the happiness of every guest over the course of the entire wedding, and as such, you don’t want money to be a constraint when it comes to planning your dream wedding and a memorable honeymoon.

Nevertheless, often, wedding budgets overshoot initial expectations and the hosts are forced to approach family and friends to tide them over. With our Personal Loan for Marriage, you don’t need to do that anymore – we will extend to you the wedding loan with minimal formalities and a quick loan disbursal. Additionally, there are no specific restrictions on how you use your marriage loan funds.

Whether you require a little finance or the entire funding for your complete wedding logistic, we at Kotak will cover your wedding expenses with our personal loan for marriage. From venue, catering, photography, decoration, to dress selection, you can spend as lavishly as you want over every aesthetic detail of your choice. After meeting the personal loan eligibility criteria and submission of necessary documents, you can avail funds instantly with Kotak’s personal loan for marriage and plan all your wedding arrangements in advance. With this loan, you could cover the ceremony, pricing, rental fee, payment options and special stipulations beforehand.


Benefits of Kotak’s Wedding Loan
 

  • No Need to Liquidate Investments
    Avail the funds that you need to finance your dream wedding with Kotak’s personal loan for marriage along with keeping your investment intact
     
  • Quick Loan Disbursal
    Avail a personal loan for marriage with minimal documentation and quick loan disbursal under 3 seconds* for Kotak Pre-Approved Customers
     
  • Attractive Interest Rates and Easy Repayment Options
    Our personal loans comes with attractive interest rates starting from 10.75% p.a., subject to change. Check our personal loan EMI calculator to plan your repayment options that fits your wedding budget
     
  • Avail Loan Amount of up to Rs.20 Lakhs
    You can avail loan amount from Rs.50,000 to Rs.20 lakhs along with flexible EMIs and tenures ranging from 1 to 5 years to make the occasion memorable without draining your savings
     
  • Use Funds for all Wedding-Related expenses
    Whether you need funds to finance your engagement ring or a dream honeymoon to start your married life, you can avail a personal loan to cover your wedding expenses without any restrictions on usage of marriage loan funds


Find out more about Kotak’s personal loan and get a step closer to fulfilling your needs.

Wedding Loan Guide

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Frequently Asked Questions

What can a personal loan be used for?

Personal Loan can help you meet unexpected expenses such as wedding expenditure, school or college fees, dream vacations, home renovation projects or even for the purchase of consumer durables. 

 

Applying for a personal loan is a lot easier, quick, and convenient with Kotak Mahindra Bank.Click https://www.kotak.com/en/personal-banking/loans/personal-loan.html to apply for the same. 

 

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Do I need to provide any security or collateral to obtain a personal loan?

No, you do not have to provide any security or collateral to obtain a personal loan. Personal loan is a type of unsecured loan. This essentially means that it is not backed by the guarantee of collateral. You are not burdened by the need to generate collateral like gold, property or shares, as with other types of loans. As there is no security to assure loan repayment, the bank will focus on the income and financial stability of the applicant. 

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What are the benefits of taking a personal loan with Kotak?

There are several benefits of availing a personal loan from Kotak bank. Some of the most notable benefits include:

  • prepaymentInstant approval – The bank approves the loan at a quick rate and this makes the process much easier to serve different financial purposes.
  • Easy Documentation – It comes with minimal documentation requirements to help you save time and cater to your emergency financial needs without any hassle.
  • Versatile usage – The personal loan can be used to fulfil many purposes. From funding a dream wedding to serving a medical emergency, it can be used to serve different planned and unplanned financial needs.
  • Attractive interest rate – The personal loan is made more convenient with an attractive rate of interest starting at 10.75 p.a.
  • Part Prepayment facility – In case of excess funds/financial liquidity , you can reduce your loan burden with part prepayment

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What is the eligibility criteria to apply for a personal loan?

The eligibility to avail Personal loan is as follows :

  • All Indian residents who are employees of either MNCs, Public and Private limited companies with a minimum age of 21 years and maximum age of 58 years are eligible for a personal loan.
  • Other Personal loan eligibility criteria :
    • Income Net monthly salary of Rs. 20,000/-
    • Minimum educational qualification - Graduate
    • Years in city - Minimum 1 year
    • Total work experience - Minimum 1 years

You can apply for a personal loan by following the below steps:

On Mobile banking

  • Go to Apply Now
  • Personal Loan ( If eligible)

On Net Banking

  • Go to Banking
  • Apply for Preapproved Personal Loan (If eligible)

Or

By simply clicking https://rcasprod.kotak.com/personal-loan?source=website&banner=ProductPageApplyonlineTab

Please Note: The same would be subject to approval. The time frame for the personal loan is 10 working days if approved.

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What is the best way to apply for a personal loan?

You can apply for a personal loan by following the below steps:

 

On Mobile banking

  • Go to Apply Now
  • Personal Loan ( If eligible)

On Net Banking

  • Go to Banking
  • Apply for Preapproved Personal Loan (If eligible)

Or

By simply clicking https://rcasprod.kotak.com/personal-loan?source=website&banner=ProductPageApplyonlineTab.

Please Note: The same would be subject to approval. The time frame for the personal loan is 10 working days if approved.

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