Personal Loan for Marriage

Last Updated : June 24, 2025, 6:50 p.m.

Eager to begin your forever with the one you love? Planning your dream wedding but falling short on funds? Don’t worry—Personal Loans for Marriage are now available at affordable interest rates to help you bring your vision to life.

From grand venues and delicious food to vibrant dancing, elegant decor, and stunning lehengas, Indian weddings are a celebration like no other. But these cherished traditions often come with high expenses that can put a strain on your finances.

That’s where a wedding loan can help. You can finance your big day without using up your life savings, and the best part—it requires no collateral. A variety of banks and NBFCs offer personal loans for marriage. Just review the available options and select the one that aligns best with your requirements and repayment ability.

List of Top Banks for Marriage Loan with Low Interest Rates

If you're planning a dream wedding with your partner, a Personal Loan for Marriage can be the perfect solution. It comes under the personal loan category that is designed to cover all your wedding expenses, without the need for any collateral.

A bank loan for marriage also offers longer repayment tenures and competitive interest rates, making it easier to manage your finances during this special time. Explore the best wedding loan options from the list below, based on your needs and repayment capacity.

Here’s a quick overview of the marriage loan interest rates offered by various banks and financial institutions.

Marriage Loan HDFC Bank

The HDFC Bank personal loan for marriage offers flexible repayment options and convenient tenures to ensure maximum comfort for borrowers. Existing HDFC Bank customers can enjoy instant access to pre-approved wedding loans with minimal documentation. For non-customers, the bank facilitates marriage loan approvals in under 4 hours. To be eligible, HDFC Bank Salary Account holders must have a minimum net monthly income of ₹25,000, while non-HDFC Bank account holders need a minimum income of ₹30,000.

You can directly contact the bank through WhatsApp, net banking, web chat, or call at 7065970659 to enquire more about Personal Loans for Marriage HDFC. Here are the details.

YES Bank Marriage Loan

YES Bank Personal Loan for Marriage offers quick financial support to cover your wedding expenses with minimal paperwork and no collateral. To be eligible, applicants must have a stable monthly income of at least ₹25,000. The bank charges a processing fee of up to 2.5% of the loan amount.

SBI Personal Loan For Marriage

SBI Marriage loans offer quick approval and instant disbursal for your dreamy wedding purposes. Marriage loans from SBI have low processing fees and prepayment charges; hence, they are cost-effective. You can avail a marriage loan from SBI through net banking, the bank’s website, the YONO application, or by visiting directly at the branch directly. Here are the details about SBI Marriage loans to help you have a perfect marriage that you can remember forever.

ICICI Marriage Loan

ICICI Marriage Loan offers quick and hassle-free funding with minimal documentation and no collateral requirement. To apply for a personal loan for marriage from ICICI Bank, salaried individuals must have a minimum monthly income of ₹30,000, while self-employed individuals need at least ₹50,000. The loan is processed and disbursed swiftly, making it ideal for wedding-related expenses.

Axis Bank Wedding Loan

Axis Bank offers attractive marriage loans with competitive interest rates, allowing you to plan your dream wedding without financial stress. You can also transfer your existing loans to Axis Bank to benefit from better terms and added advantages. With complete transparency and no hidden charges, Axis Bank ensures a hassle-free borrowing experience. Their personal loan for marriage is designed to help you fulfill your wedding goals and support every parent’s dream of a memorable celebration for their children. Below are the applicable fees for the Axis Bank wedding loan.

Bajaj Finserv Marriage Loan

Bajaj Finserv offers quick and convenient marriage loans, helping you meet your wedding expenses with ease. You can apply online and get approval within 5 minutes, with disbursal taking place within 24 hours after document verification. To qualify, you need a minimum monthly income of ₹25,000 (based on job location) and a CIBIL score of 685 or above. Bajaj Finserv also offers high-value wedding loans of up to ₹55 lakh.

Kotak Mahindra Marriage Loan

Kotak Mahindra Wedding loan aims to provide you with a quick loan disbursal within 3 seconds for Kotak pre-approved borrowers. It also provides you with flexible repayment options and attractive interest rates. With Kotak Mahindra's wedding loan, there are no restrictions on how you use your marriage loan funds.

Documents and Eligibility to Avail a Marriage Loan

Although the requirements vary from one lender to another, some of the general documentation requirements of a bank loan for marriage are defined below.

Here’s the list of documents you’ll need to apply for a wedding loan.

For Salaried Individuals

• Identity proof – PAN card, Aadhaar card, Voter ID card, Passport, or driving license.
• Residence proof – Aadhaar card, Voter ID card, Passport, or driving license. If your house is rented, then you can provide a rent agreement, electricity bill, or telephone bill in the owner’s name.
• Proof of Age : Generally, a separate age proof isn't needed if your ID or address proof includes your date of birth. If not, you can submit any of the following:

• School Leaving Certificate
• Birth Certificate
• PAN Card

• Income Proof :

• For Salaried Individuals : Form 16, recent salary slips, or bank statements showing salary credits.

• Loan Application Form : You must complete and submit the marriage loan application form provided by the lender. It can also be downloaded from the lender’s official website.

For Self-Employed Individuals

• Identity proof – PAN card, Aadhaar card, Voter ID card, Passport, or driving license.
• Residence proof – Aadhaar card, Voter ID card, Passport, or driving license. If your house is rented, then you can provide a rent agreement, electricity bill, or telephone bill in the owner’s name.
• Income proof-Last 2 years’ IT returns, Profit & Loss account, Balance Sheet, and bank statements of the primary account for the last 6 months.
• 2 recent passport-size photographs.
• Office address proof- Office utility bill or GST registration.

Marriage Loan Eligibility

Marriage Loan eligibility also varies depending on the lender. However, here are some of the basic marriage loan eligibility requirements:-

• Age & Citizenship
• Applicants typically need to be Indian residents aged between 21 and 60 years (some lenders accept up to 58 years for salaried, 65 for self-employed)
• Income Requirements - Minimum monthly income varies by lender:
• • ₹15,000 for basic eligibility
  • ₹25,000 required by most major banks like Axis and Yes Bank
• Higher thresholds (e.g., ₹30,000–₹50,000) apply for premium borrowers.
• Employment & Work Experience
• Salaried individuals: at least 2 years of total employment, with a minimum of 1 year at the current employer.
• Self-employed: minimum 1–2 years of stable business income.
• Credit Score / CIBIL
• A good score improves approval chances and interest rates. Most lenders prefer a CIBIL score above 700, with 730–750+ ideal.

The Bottom Line

Exotic marriages are a dream for all. You should not think twice about having a perfect wedding for yourself, irrespective of the funding issues. You can choose a suitable marriage loan from the options listed above based on your repayment ability. Always keep in mind that personal loans come with longer repayment terms, so avoid rushing into a wedding loan decision. Think, research, and crack the best deal for you, accomplishing your marital goals.