Indian weddings are known for being unique and exuberant; it is mainly due to the popularity (or tradition?) of arranged marriages. Here, a marriage is not just the business of the two people getting married. Rather, it is a union of two families and their extended families and everyone has a say, making it a sacred social bond for life. Perhaps this is why Indian wedding
s are such magnificent affairs and regardless of one’s economic background, nobody minds going all out to make them so.
Today, a typical to-be-wedded couple in Pune can easily find ways to splurge over Rs. 8 to 10 lacs on their wedding - and that's excluding the honeymoon and other post-wedding ceremonies! When a candid photographer quotes you Rs. 75,000+, the grand venue you've dreamed of exchanging the garlands says their starting rate is Rs. 3,00,000 plus taxes and the décor is charged extra and the caterer approximates Rs. 300+ per plate and so on. Do you wonder why the number of people applying for wedding loans in Pune has increased dramatically in the recent past? Wedding loans are nothing but personal loans used to finance the aforementioned as well as other expenses related to wedding.
As an unsecured loan, marriage loans can be used to cover any possible nuptial expense ranging from printing invitation cards, hotel room reservations for guests, arranging transportation for guests, flower décor and even a rehearsal dinner if you want. Hence a personal loan offers you immediate and absolute control; you can utilize the money whichever way you want unlike secured loans (car loan or home loan) in which the amount is transferred directly to vendor/manufacturer.
As one of the most promising and significant milestone in your life, you want to do everything possible to make it the most memorable day to be cherished forever. Qbera understands this sentiment quite well and offer customized marriage loans in Pune at competitive rates and flexible tenures.
Of course, everybody wants to mark this event in one way or the other. But we can see a positive trend in the last few years; more and more brides and grooms are stepping forward to support their parents financially. Some even offer to take care of all the expenses, while some do their bit by paying for the venue or wedding attires or catering. Most Indian parents spend a major chunk of their lifetime’s earnings on their children’s wedding. So how do the young couples who haven’t been working for that long arrange funds and lots of it? Some start saving early- put away some money every month in another account, open a recurring account, rely on credit card(s) or join some scheme that gives good returns after a specific time.
No matter how much one saves, there is always bound to be some unexpected expenses that can topple your entire planning. This is when people choose to take wedding loans. It is easy enough to arrange as the overall processing time required for formalities is way less than any other financial product. At present, there are many Fintech lenders that offer quick personal loans to people from various income brackets as per their company policies. Qbera has made it easy for applicants by following a quick approval and disbursal procedure. You can browse around and compare the features (tenure, rates, eligibility criteria and more info) across all lenders regarding wedding loan product featured here.
The Art Of Budgeting & Getting The Funds
So you have set a wedding budget, totaled up all the possible wedding costs, and found that your savings are nowhere close to fund all the events for the day you have in mind. Everybody sees a wedding as an occasion to get together with family and friends they haven’t met for some time and have great fun. A chance to dress up and look good, to eat and drink guiltlessly, dance away like there is no tomorrow and shower the people involved with good wishes and blessings! It would be a good idea to discuss the finances with your fiancé and you can reach an agreement on what to prioritize and how much to spend.
Amidst all the pleasant chaos, to find the most apt funding resources can seem an impossible task. But when has a small glitch like this ever stopped you? One popular credit option people find reasonably rated these days are instant personal loans. It’s APR is much lesser compared to credit card interest, but not all can avail it. The lender has to be convinced of your creditworthiness and repayment capacity beyond doubt. And how do you prove that you can be trusted with credit sans security? By showing your past credit records and current credit score, of course. Your eligibility depends on your CIBIL score, the company you work for (whether it is a Cat-A, Cat-B or Cat-C company), monthly income and other parameters. Due to high competition in the field, wedding loans are offered at great rates and convenient tenures. At Qbera, the process is so seamless that all you need to do is apply online and upload documents. The papers are verified in record time and a Qbera official will get in touch with you in hours.
Features of Qbera wedding loans in Pune
Loan Quantum & RoI
You can borrow up to Rs. 7.5 lacs from Qbera and the minimum loan amount we offer is Rs. 50,000. The interest rates range from 14 percent to 24 percent based on your credit risk.
Eligibility Criteria
The individual has to be salaried and earning a minimum of Rs. 20,000 in-hand per month.
The applicant has to be employed for at least 2 years.
The loan applicant must provide local address proof (rental/lease agreement in his/her name).
The CIBIL Score cut we follow is 625.
Disbursal in 24 hours
Applying for an Online Marriage loan at Qbera.com is very easy. Go to qbera.com, fill out the online application form and upload the requested documents. You will get a few quotes in a couple of hours. Choose one that suits you the best and have the money credited to your account in a day.
Easily customizable
Alternative lenders like Qbera are experts in customizing emergency personal loans. Interest rates offered range from 14% to 24% and as a multi-purpose loan, you can utilize the money for any expense related to the financing of your wedding.
How to apply for a Wedding Loan in Pune via Qbera
Get it done the Qbera way in 5 steps
- Just log on to Qbera.com and fill in the application form (it barely takes 5 minutes)
- Upload your bank statement on the website
- Qbera gives you an offer within 4 hours
- Our representative will come and collect the documents
- Money transferred to your account in less than 24 hours
Qbera may be able to help when you need it the most. Apply now for a smart hassle-free loan in Pune.
