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FIRSTmoney Instant Wedding Loan Online

A marriage loan is a type of personal loan specifically designed to cover wedding-related expenses like venue booking, catering, jewellery, clothing, and more. With FIRSTmoney, you can access loans up to ₹10 lakhs at low interest rates starting at 9.99% p.a. You can also avail more funds easily with just a few clicks, to meet additional cash requirements.

Thinking of a marriage loan? Use our EMI Calculator to budget smartly.

FIRSTmoney Marriage Loan Fees and Charges

FIRSTmoney offers competitive and transparent interest rates on personal loan to make financing your wedding stress-free and affordable.


• Loan amount: Up to ₹10 lakhs

• Interest rate: Starting at 9.99% p.a.

• Tenure: 9 to 60 months

• Processing fee: Up to 2% (incl. GST) of loan amount


Interest is calculated on a monthly reducing basis, ensuring lower overall cost compared to flat-rate loans.
The actual interest rate offered will depend on factors such as your credit score, income level, employment type, and chosen repayment tenure.
There are no hidden charges or foreclosure fees – foreclose early without penalties.


• Tip: Use the Marriage Loan EMI Calculator to find the right repayment plan as per your budget.

Wondering how much a personal loan for marriage costs? Check out the latest Personal Loan Interest Rates.

What is a FIRSTmoney Wedding Loan and How Does It Work?

A FIRSTmoney wedding loan is a personal loan that can be used to cover expenses like venue bookings, catering, jewellery, flowers, and more. Unlike a traditional loan, FIRSTmoney is fully digital, offers quick approval, and instant access to cash without documentation. You can also avail more funds easily, to meet additional cash requirements without starting over the application process from scratch. This flexible option ensures that you cover unexpected and immediate wedding costs.

For example, you are planning a wedding with expected cost of ₹8 lakhs. Initially, you may only need ₹50,000 for the venue deposit, but as your wedding planning progresses, you can easily opt for extra loan in just a few click to meet additional cash requirements

Features of FIRSTmoney Marriage Loan

Why Choose a Wedding Loan from FIRSTmoney?

A wedding loan from FIRSTmoney can provide the funds you need for your big day at low marriage loan interest rates. You have the flexibility to borrow what you need when you need it. The process is entirely online, from application to approval, with no need for collateral or security.

Low Interest Rates

Avoid the high-interest rates of credit cards with FIRSTmoney, where interest rates start at just 9.99%.


Early Foreclosure

If you decide to close your loan for marriage early, there are no extra fees, allowing you to save on interest.


Flexible Repayment Options

Choose from a variety of EMI repayment tenure options ranging from 9 to 60 months to suit your financial situation.


Instant Access To Funds

The online application process is quick and paperless, with funds disbursed directly to your account within 30 minutes.

Marriage Loan Eligibility and Documentation

FIRSTmoney Marriage Loan Eligibility Criteria

To be eligible for a marriage loan, you must meet the following conditions:

  • eligibility Employment Status: Both salaried and self-employed individuals can apply.
  • eligibility Age: Applicants should be between 21 and 60 years old.
  • eligibility Credit Score: A CIBIL score of 730 or above is recommended for the best marriage loan interest rates and approval chances.
  • * CIBIL Score is a 3-digit numeric summary of your credit history, derived by using details found in the ‘Accounts’ and ‘Enquiries’ sections on your CIBIL Report and ranges from 300 to 900. The closer your score is to 900, the higher are the chances of your loan application getting approved.
Documents Required for Wedding Loan
  • Display your physical PAN card for Video KYC (VKYC) during the online smart personal loan application.
Eligibility

Not sure if you qualify? Use our personal loan eligibility calculator to check instantly.

How to Apply for a Marriage Loan Online

Get familiar with Personal Loan Fees & Charges so you know exactly what to expect.

How a Digital Personal Loan Can Benefit You

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Personal Loan for Wedding - Fees and Charges

Personal Loan for Wedding - Fees and Charges

Enjoy competitive interest rates and minimal charges

Learn more about how your CIBIL Score impacts your personal loan approval chances.

Frequently asked questions

What is a marriage loan?

A marriage loan is a type of personal loan specifically designed to cover wedding-related expenses like venue booking, catering, jewellery, clothing, and more. With FIRSTmoney, you can access loans up to ₹10 lakhs with the ability to avail more funds easily with just a few clicks, to meet additional cash requirements.

How much marriage loan can I get?

The amount of a marriage loan depends on factors such as your income, credit score, and repayment capacity. FIRSTmoney offers personal loans of up to ₹10 lakhs for meeting marriage expenses.

How to calculate marriage loan EMI?

You can calculate your marriage loan EMI using an online personal loan EMI calculator. Input the loan amount you need, marriage loan interest rate, and tenure to get an accurate EMI figure.

What documents are required for a wedding loan?

You will need your PAN card to complete the video KYC process during your marriage loan application. The process is entirely digital and paperless.

What is the interest rate for a marriage loan?

The personal loan interest rate for a marriage loan from IDFC FIRST Bank start at 9.99% per annum. However, the exact rate may vary depending on factors like your credit history, income, and chosen loan tenure.

What is the wedding loan eligibility criteria?

To be eligible for a marriage loan, applicants must be aged between 21 to 60 years. A minimum credit score of 730 is required to qualify for the loan. Additionally, applicants should have a stable income source, either as a salaried employee or self-employed individual, and must provide proof of income and employment.

What is the salary requirement to get a marriage loan?

The minimum salary requirement typically starts at around ₹15,000 per month. This requirement may vary based on the applicant's profile, credit history, and overall financial stability. Higher income levels may also qualify you for larger loan amounts. Click here for to use a personal loan eligibility calculator.

What is the Processing Fee for a marriage Loan?

The processing fee for a marriage loan at IDFC FIRST Bank is up to 2.0% of the loan amount (incl. GST). This fee is non-refundable and is charged at the time of loan disbursement.

What is the repayment tenure for a marriage loan?

The repayment tenure for a marriage loan from IDFC FIRST Bank ranges from 9 to 60 months, allowing borrowers to choose a tenure that best fits their financial situation. If required, you can close your loan early without penalty.

Can I apply for the Marriage Loan using the IDFC FIRST Bank 'loan app'?

Yes, absolutely! You can conveniently apply for your IDFC FIRST Bank Marriage Loan through our dedicated loan app. This digital application process makes it easy to submit your details, track your application status, and manage your loan from the comfort of your home.

Is the Marriage Loan considered a 'cash loan' for wedding expenses?

Yes, the IDFC FIRST Bank Marriage Loan provides you with a direct cash loan that can be used to cover various wedding-related expenses, such as venue booking, catering, decorations, attire, and more. The funds are disbursed directly into your account for your convenience.

Are there 'pre approved loan' options available for Marriage Loans?

For many of our valued customers, IDFC FIRST Bank does offer pre approved loan options, including for marriage loans. If you have a pre approved loan offer, the application process will be even faster, allowing you to access funds quickly to meet your wedding deadlines.

What are the typical 'fees and charges' associated with an IDFC FIRST Bank Marriage Loan?

The fees and charges for an IDFC FIRST Bank Marriage Loan generally include a processing fee and applicable government duties like stamp duty. There might also be charges for part-prepayment or foreclosure, depending on the terms. All these fees and charges are clearly communicated during the application process and in your loan agreement to ensure full transparency.

How does a Marriage Loan differ from a typical 'pay day loan'?

While a pay day loan is typically a short-term, high-interest loan meant for immediate small expenses, an IDFC FIRST Bank Marriage Loan is a personal loan designed for significant life events. It offers more flexible repayment tenures, generally lower interest rates, and a structured repayment plan, making it a more financially sound choice for wedding expenses than a short-term pay day loan.

Different Types of Personal Loan for you