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    Personal Loan for Wedding

    With a personal loan for marriage, you don’t have to worry about compromising your happiness and enjoy the best moments of your life with your loved ones!

    To avail of the loan benefits, all you need to do is share all the necessary documents, fill in the mandatory details, and you are good to go!

    Benefits of Marriage Personal Loan

    Get a loan on your terms. Choose from flexible EMI and tenure options.

    100% digital process

    Submit all your details and documents online.

    Instant Loan approval

    Get your Loan application approved!!

    Flexible EMIs and tenure

    Choose the loan tenure and EMI amount as per your need.

    Why choose Airtel for Marriage Loan?

    Ariel Finance offers the most secure and trustworthy loan to individuals who don’t have enough funds to manage the expenses of their wedding. By choosing Airtel for marriage loans, you can enjoy hassle-free and convenient processing of a loan with just one click!

    Steps to Apply and get a Personal Loan for Marriage

    Follow the simple steps mentioned below

    Open Airtel Thanks App

    Find Shop > Airtel Finance

    Select Flexi Credit

    Fill in your basic details

    Get best offer

    Basis profile verification

    Complete the KYC

    Link your bank account

    Marriage Loan EMI Calculator

    Calculate your Marriage Loan EMIs and interest rate easily using the Marriage Loan EMI calculator. Adjust the tenure and loan amount to know the average interest amount.

    Personal loan amount
    Enter the loan amount

     

    Tenure plan
    Choose your tenure plan

    Mo

    Rate of interest
    Adjust your interest rate

    %

    Principal

     

    Interest

     

    Features of Marriage Loan

    With Airtel Flexi Credit, you get below

    Personal loan amount

    ₹10,000 to ₹9,00,000

    Interest rates

    Starting from 11.75% p.a.

    Personal loan tenure

    03 to 60 months

    Credit disbursal

    Within 24 hours

    100% online

    No paperwork

    Low processing fee

    2% GST

    Marriage Loan Eligibility Criteria

    One must be between age-group of 21 and 65 to be eligible for a short-term loan.

    Flexible employment type

    Short term personal loans from Airtel Personal Loan are available for salaried and self-employed individuals

    Monthly income criteria

    Anyone with a monthly income of ₹13,500 or more can apply

    Short term loan limit

    If you are looking for a loan between ₹10,000 to ₹9,00,000, then Airtel Personal Loan is perfect for you!

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    FAQs on Axis Bank Personal Loan

    What exactly is a marriage loan, and how does it work?

    A marriage loan is a form of personal loan created to help individuals manage their marriage expenses. Usually, marriage loans are available for employed individuals with a minimum of 2 years of work experience and forself-employed individuals as well. It is suggested to carefully read all the terms and conditions before applying for a wedding loan.

    How can I apply for a marriage loan?

    You can easily apply for a marriage loan online by submitting all the necessary documents and details on the Airtel Finance portal . All you need to do is visit the Airtel Finance page, fill in your necessary details, and follow the steps mentioned to get your loan sanctioned safely.

    What are the eligibility criteria for obtaining a marriage loan?


    The basic eligibility criteria for obtaining a marriage loan include that the applicant must be between 21 and 65 years of age and should have a minimum of 2 years of experience with at least 1 year of experience with the current employer. Anyone with a monthly income of ₹13,500 or more can apply.

    What documents are required for the marriage loan application?

    The documents required for the marriage loan application include identity proof, address proof, salary slip of the past three months, source of income, employment certificate, and more.

    How much can I borrow with a marriage loan?

    The Airtel Flexi Credit offers loans to employed individuals between Rs 10,000 to Rs 9,00,000. To learn more about the credit loan limit or load criteria, explore the Airtel Finance page on the website.

    What is the interest rate for marriage loans?




    The interest rate for a marriage loan may vary from one lender to another. At Airtel Flexi Credit, individuals can get a marriage loan starting at an interest rate of 11.5% p.a.


    How long does it take for the loan approval process?




    Generally, it does not take much time to get your personal loan approval, considering you have submitted all your documents appropriately. It can take a few days from your date of submission to get your loan approved.


    Can I track the status of my marriage loan application?




    Yes, once you have shared all the necessary documents and information on the Airtel Finance portal, you can easily check the status of your loan, the pending interest amount, and more.


    Are there any additional fees or charges associated with the loan?

    Yes, at Airtel Flexi Credit Personal Loans, you can enjoy a low processing fee between 2% to 4% + GST. Learn more about the loan process by exploring our website or getting in touch with one of our representatives.

    What are the repayment options available for marriage loans?

    One of the major benefits of the Airtel Flexi Credit Personal Loan is that you can get a personal loan on your terms by choosing from flexible EMI and Tenure options based on your preferences and paying capacities.

    Can I prepay the marriage loan? Are there any penalties for prepayment?

    Absolutely yes! You can prepay your loan amount before the tenure without any penalties. However, the bank or lender may impose charges based on the terms and conditions of the loan amount.

    What happens if I miss a repayment for my marriage loan?

    If you miss a particular loan payment cycle, you will have to pay the pending amount with additional fees in your next payment cycle. However, such frequent instances can lead to adverse situations and affect your overall credit score.

    Is there an option to extend the loan tenure for marriage loans?

    Most lenders or banks offer loan extensions for a particular loan amount or situation. To learn more about the extension of marriage loan tenure, explore the Airtel Finance page on the website.

    How is the loan amount disbursed for marriage loans?

    It is important to note that the loan disbursement process may differ from one lender to another. However, the common process of loan disbursement includes verification of the documents, determining the maximum loan amount, disbursement loan options, and more.

    Are there any specific restrictions on how I can use the funds from a marriage loan?

    Generally, a marriage loan comes with a no-end use restriction. Hence, it can be used for other personal purposes or expenses that are not related to your marriage. However, it is recommended to read all the terms and conditions carefully before using the loan amount for other purposes.

    Can I apply for a marriage loan if I am already married?

    There is no such specific rule stating that only unmarried individuals can apply for the loan. However, the marriage loan criteria may differ from one bank or lender to another. It is recommended to stay updated with the latest amendments and laws to avoid last-minute inconveniences related to the loan amount.

    Are there any special offers or discounts available for marriage loan applicants?

    To avail of the best offers or discounts with the Airtel Flexi Credit, it is recommended to explore the Airtel website or download the Airtel Thanks App today!

    Can I apply for a top-up loan if I need additional funds for my wedding?

    Yes, applicants can apply for top-up loans if additional funds are needed for their wedding expenses. Top-up loans can be used to meet wedding expenses, bear the travelling costs, and other related expenses.

    Is there a mobile app for managing my marriage loan account and payments?

    Applicants can easily manage and pay their bills using the Airtel Thanks App. Through the Airtel Thanks App, Airtel users can get access to make hassle-free payments for everyday internet use, prepaid/postpaid recharge, utility bill payments, and more.

    How do I contact customer support if I have any issues or queries regarding my marriage loan application or repayment?

    At Airtel Flexi Credit, you can enjoy 24*7 customer support. To learn more about Airtel Personal Loan Services, get in touch with one of our representatives today!

    Personal Loan Lending Partner - Airtel Flexi Credit

    What is a Marriage Loan?

    A marriage loan is a form of personal loan that is designed specifically to help or provide financial assistance to individuals to meet their expenses related to their wedding functions and ceremonies. A wedding loan allows individuals to celebrate the best day of their lives without compromising on their needs or desires. And, the best part of marriage loans is that they are usually secured, so that you don’t have to worry about risking your assets to acquire a sufficient loan amount to meet your wedding expenses.

    Eligibility Criteria to Apply for Marriage Loan


    With a personal loan for marriage, applicants can cover expenses associated with weddings. Here are the following criteria that one needs to fulfil, in order to apply or avail of the benefits of a Marriage loan:

    • The applicant must be between 21 to 65 years of age.

    • The applicant must have a minimum of 2 years of work experience with at least 1 year of experience with the current employer.

    • The applicant’s monthly income should be ₹13,500 or more to apply for this loan.


    Ensure to read all the terms and conditions carefully before applying for a wedding loan. This practice will allow you to avoid last-minute inconveniences or delays in loan processing.

    What are the Marriage Loan Interest Rates?


    At Airtel Flexi Credit, applicants can get their loan amount sanctioned at the interest rate starting from 11.5% p.a.

    Calculate EMI for Marriage Loans


    Typically, to calculate the EMI for marriage loans, individuals can use a personal loan formula created for EMI calculation purposes. The personal loan EMI formula is:

    EMI = [P x (R/100) x {1+(R/100)} ^N]/[{1+(R/100)} ^(N-1)]

    Here:

    P= Principal Loan amount

    R= Rate of interest

    N= Loan duration in months

    EMI= Equated Monthly Installments

    By using the above-mentioned formula, you can easily get accurate EMI results that you will have to pay during your loan tenure. Additionally, you can also consider using online calculators to avoid manual errors that may occur during the calculation process.

    What is the procedure to apply for a Marriage loan?


    At Airtel Flexi Credit Personal Loans, individuals can enjoy a hassle-free and seamless loan process by following a simple few steps. Here are the steps to apply your personal loan for marriage via Airtel:

    Step 1: Install the Airtel Thanks app. Visit the ‘Find Shop’ menu and click on ‘Airtel Finance’


     

    Step 2: After completing the first step, select ‘Flexi Credit’ to start the process by filling in all the necessary details and documents.


     

    Step 3: The Airtel Flexi Credit Personal Loan provides the best offer for applications based on their unique needs and situations. It must be noted that the offer is decided based on profile verification.


     

    Step 4: For the last step, complete the KYC by linking your bank account. By following these simple steps, your loan amount will be sanctioned within a few days.


     

    Key Features and Benefits of Marriage Loans



    • Convenience: With minimal document requirements, individuals can enjoy a convenient loan process. 



    • Secured loan: Marriage loans are usually secured and don’t require any security or collateral. This means you don’t have to worry about risking your assets to acquire financial assistance for your marriage.



    • Quick processing: Marriage loans can be processed in a few hours to a few days depending on the disbursement process and unique situations of the applicants.



    • Budget management: Applicants can easily manage their budget without compromising on their desires or the quality of the wedding functions.


    List of Documents Required for a Marriage Loan


    Here is the list of documents that applicants need to submit when applying for Airtel Flexi Credit Personal Loans for marriage:

    • PAN card number

    • Aadhaar card number

    • KYC documents such as Passport, Voter ID, etc.

    • Bank statements of the personal loan applicant from the last 3 months

    • Salary slips of the last 3 months

    • Photo of the applicant (can be uploaded as a selfie)


    Fees and Charges for Marriage Loan


    At Airtel Flexi Credit, applicants are charged a low processing fee from 2% to 4%+ GST for marriage loans. Say goodbye to high processing fees and avail yourself of the benefits with the Personal Loan from Airtel Flexi Credit created specifically for you!

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