Which Bank Provide Marriage Loan?

The Bank of Maharashtra, Bank of India, and ICICI Bank are among the top banks in India for personal loans for marriage. IDFC FIRST Bank offers marriage loans at low interest rates, while HDFC Bank and Tata Capital offer similar options. Axis Banks offers a Personal Loan for Weddings with a 10.65% p.a. interest rate, while Tata Capital provides an Overdraft facility with multiple withdrawals and part-payment options. State Bank of India is the best option for salary account holders. Bank of Baroda offers a pre-approved personal loan up to INR 5 lakh for small weddings.

Indian banks typically process and disburse personal loan applications within 2-5 days, with approval times varying depending on the applicant profile and loan amount. Kotak Mahindra Bank offers a Personal Loan for Marriage with interest rates starting from 10.99% p.a. for loan amounts up to Rs 25 Lakh for repayment tenures of up to 5 years.

The Bank of India Marriage Loan is designed to cover all wedding-related expenses, such as shopping, venue, food, decorations, and honeymoon. HDFC Bank offers a Personal Loan for Wedding with a flexible tenure of 12-60 months. ICICI Bank offers Personal Loans with interest rates starting from 10.80% per annum, while IDFC FIRST Bank charges processing fees at 3.5%.

Bajaj Finserv Personal Loan is another option for funding wedding expenses, including caterers and makeup artists. Overall, these banks offer competitive rates and easy EMI repayment options for eligible individuals.

Which type of loan is best for marriage in India?

State Bank of India: Best in on personal loan for wedding applied by salary account holders.

Bank of Baroda: A pre-approved personal loan up to INR 5 lakh suited best for small weddings.

Federal Bank: Best in fixed rate of interest on personal loan.

Axis Bank: Best for those who wish to transfer existing personal loans with other banks to Axis Bank.

Bank of Maharashtra runs a personal loan scheme starting 10%, which is perhaps the lowest RoI than any other lending institutions, for salaried employees having a salary account with the bank as well as other banks. The RoI is calculated as per the borrowers CIBIL score, however, it is comparatively low for government employees than private, as follows:

What is the gold loan interest rate?

The interest rates on gold loan, availed by pledging gold, are relatively lower than other types of loans and range between 8.75% p.a. to 26% p.a. Banks and other financial institutions in India offer gold loans, the loan amount for which ranges from Rs.1500 to Rs.1.5 crore.

Which bank is best for a gold loan?

Summary: Best Gold Loans In 2024CompanyForbes Advisor RatingPersonal Gold Loan RoICentral Bank of India4.58.45% to 8.55%State Bank of India4.48.60%Punjab and Sind Bank4.48.60%Punjab National Bank4.49%

What is the SBI personal loan interest rate?

SBI Personal Loan Interest Rate Highlights 11.15%-14.30% p.a.

SBI Personal Loan Interest Rates 2024. SBI Xpress Credit (including Pre-Approved Xpress Credit (PAXC)/ RTXC/ RMP Xpress Credit). For Defense/Para-military/Indian Coast Guard Salaried Applicants.

Applicants of Central Govt./ State Govt./ Police / Railway/ Central Public Sector Enterprises (CPSEs) Considered Under ‘RATNA’ Status.

Xpress Lite Scheme. 1% higher than Xpress Credit scheme for all brackets.

Which bank is best for a personal loan?

List of Banks Offering Best Personal Loan in IndiaHDFC Bank. Max. Loan Amt. Up to ₹40L. Rate of Interest. … Axis Bank. Max. Loan Amt. Up to ₹40L. Rate of Interest. … Kotak Mahindra Bank. Max. Loan Amt. Up to ₹10L. Rate of Interest. … IDFC First Bank. Max. Loan Amt. Up to ₹1Cr. Rate of Interest. … ICICI Bank. Max. Loan Amt. Up to ₹50L.

10 Second Disbursal 100% Digital Process Quick Disbursal.

HDFC Bank Personal Loan. HDFC Bank personal loan interest rates start from 10.50% p.a. The bank also offers pre-approved instant personal loan branded as ‘HDFC Bank Xpress Personal Loan’ to its selected customers with loan disbursal in 10 seconds. Existing loan borrowers of other banks/NBFCs can lower their personal loan EMI by availing HDFC Personal Loan Balance Transfer facility. The bank also offers special personal loan schemes like HDFC Marriage Loan, Personal Loan Scheme for Women, Personal Loan Scheme for Home Renovation, Travel Loan and Personal Loan for Government Employees, etc.

State Bank of India Personal Loan. SBI personal loan interest rates start from 11.15% p.a. onwards. The loan amount can go up to Rs 30 lakh while the tenure can go up to 7 years. The bank has multiple personal loan schemes like SBI Xpress Credit Personal Loan, SBI Pre-approved Personal Loan, SBI Real Time Xpress Credit Personal Loan, SBI Quick Personal Loan, SBI Marriage Loan, SBI Xpress Flexi personal loan, SBI Pension Loan and SBI Xpress Elite Personal Loan, which is offered to the applicants based on their employment profile, customer relationship with bank and the mode of loan application. For example, the bank offers SBI Pre-approved Personal Loan (PAPL) to its select saving account holders through SBI YONO App on 247 basis.

Which bank is best for loans?

HDFC Bank Personal Loan.State Bank of India Personal Loan.Axis Bank Personal Loan.IDFC FIRST Bank Personal Loan.ICICI Bank Personal Loan.Federal Bank Personal Loan.Bajaj Finserv Personal Loan.IndusInd Bank Personal Loan.

10 Second Disbursal 100% Digital Process Quick Disbursal.

HDFC Bank Personal Loan. HDFC Bank personal loan interest rates start from 10.50% p.a. The bank also offers pre-approved instant personal loan branded as ‘HDFC Bank Xpress Personal Loan’ to its selected customers with loan disbursal in 10 seconds. Existing loan borrowers of other banks/NBFCs can lower their personal loan EMI by availing HDFC Personal Loan Balance Transfer facility. The bank also offers special personal loan schemes like HDFC Marriage Loan, Personal Loan Scheme for Women, Personal Loan Scheme for Home Renovation, Travel Loan and Personal Loan for Government Employees, etc.

State Bank of India Personal Loan. SBI personal loan interest rates start from 11.15% p.a. onwards. The loan amount can go up to Rs 30 lakh while the tenure can go up to 7 years. The bank has multiple personal loan schemes like SBI Xpress Credit Personal Loan, SBI Pre-approved Personal Loan, SBI Real Time Xpress Credit Personal Loan, SBI Quick Personal Loan, SBI Marriage Loan, SBI Xpress Flexi personal loan, SBI Pension Loan and SBI Xpress Elite Personal Loan, which is offered to the applicants based on their employment profile, customer relationship with bank and the mode of loan application. For example, the bank offers SBI Pre-approved Personal Loan (PAPL) to its select saving account holders through SBI YONO App on 247 basis.

How to get money for marriage?

However, now, individuals can take a personal loan, which answers how to raise money for a wedding. Securing a personal loan for wedding will not require any collateral, and one can take a loan amount that suits their liking based on their repayment ability.

With this loan, one can easily fund the wedding without making monetary sacrifices. They can choose a suitable venue, pamper the guests with good hospitality, and have a lavish buffet with different cuisines. Most importantly, they can enjoy all the festivities just as they had always dreamed of.

This would mean applicants can save time by avoiding running around to get the loan approved and complete the documentation. The time could instead be utilised in wedding preparations. One can also compare different lenders and opt for the one that best suits their financial plans, like less interest, longer tenure, etc. Online loans get approved instantly, and the loan amount gets deposited in the applicants account.

Who is eligible for gold loan?

Loan repayment tenureGold Loan eligibility criteria also involve the loan repayment tenure. Typically Gold Loans are offered for minimum and maximum tenures of 6 and 24 months respectively, and you should be able to repay the loan within this tenure.

Your occupationAnother essential aspect of Gold Loan eligibility is your occupation. You can be a salaried professional, a self-employed individual, a business owner, an entrepreneur, a student, a senior citizen, a pensioner, or a housemaker to be eligible for the loan.

Type of gold acceptedWhile speaking of Gold Loan eligibility, it is essential to mention the type of gold accepted by Banks. Most banks accept only gold jewellery.and the purity of the gold should be 18K to 22K.

Which bank gives a loan easily?

Personal loans from Bank of Baroda (Kenya) Ltd. offer a quick and easy solution to all your urgent financial needs. Whether you need funds for a medical emergency in your family, your siblings wedding, to renovate your home, or for any other personal commitments a personal loan can finance all your requirements. Availing Personal loans is advantageous over taking informal loans from friends, family members or untrustworthy financiers. Most salaried persons, self-employed and professionals can apply for personal loans. With attractive interest rates, minimal documentation and speedy processing, Bank of Baroda Kenya offers among the best personal loans today.

What is the interest for 20 lakhs personal loan?

Rs. 20 Lakhs Personal Loan EMI for 5 yearsLoan Amount (Rs)Interest Rate (p.a.)EMI (Rs)Rs 20 Lakhs11.99%Rs. 94,138/monthRs. 66,419/monthRs. 52,658/monthRs. 44,479/month.