A marriage loan is a variant of personal loan offered to fulfil the wedding related financial obligations of the applicants, from venue bookings and catering to attire and jewelry. These are collateral-free loans with end-to-end digital processing. Marriage loans are usually offered at the same interest rate as personal loans. Consumers can avail regular personal loans from banks and NBFCs that do not offer marriage loans.
Individuals can also visit Paisabazaar app or website to compare the interest rates and pre-approved offers offered by different financial institutions and opt for the best rates according to their requirement.