The wedding day is one of the most beautiful days in the life of a person. It is a day that marks the start of the journey of two individuals as a couple, a single entity. Most people love to go all out and celebrate this special day with their friends and family. They plan their wedding carefully and leave no stone unturned to make this day turn out to be special.
Consequently, weddings can be expensive affairs. From the expenses of wedding dresses and decoration to catering and banquet hall, the expenditure is likely to disturb even the best of budgets.
At this point, the bride and the groom have only two options. They can either tone down the wedding and stay within budget or avail a loan at an attractive interest rate to have a memorable wedding and pay it at slowly in easy monthly instalments.
The first option is what I chose for my wedding and I regret it every day. I chose to reduce the number of clothes I bought to wear after the wedding and wore rented lehenga and jewellery for my wedding day. I hate that I do not have anything from my wedding day to hold and remember that special day of my life. And yes, I did not get to wear to many “newlywed” clothes since I cut down my budget for that as well.
So, I would recommend that you go for the second option if you are running short on money to fulfil your wedding wishes.
One of the questions that might pop in your mind is, “Is it advisable to take a wedding loan? ” And the simple answer is, it is. You only have to be smart about it.
Here are the steps you need to follow to make sure that it works out well for you:
Step 1: Make a list of the things you want for your wedding. Put everything on this list even if you have second thoughts about it. Make your groom/bride do the same.
Step 2: Select the things you cannot do without for your wedding. Also, choose one wedding wish – something that is not essential for the wedding but something that you really wish for. Your one wedding wish will be granted, thanks to your own efforts, and it will make you feel happier. It will also stay as a beautiful memory with you from your wedding day.
Step 3: Visit Tata Capital Wedding Loan Website to apply and fill in relevant details, along with the wedding wish. After a careful analysis of your profile, Tata Capital will process your loan. You must apply for the loan amount that you need for the wedding and will be able to repay, keeping your monthly income and expenses in mind.
Personal loan used to be one of the most commonly availed loan to meet tbe wedding expenses. However, since it comes a relatively higher interest rate, a customised wedding loan can be a better alternative. Many banks and Non-Banking Financial Companies (NBFCs) offer wedding loans at reasonable interest rates. For your wedding, Tata Capital Wedding Loan is the perfect option for you.
Note: This post is written in association with Tata Capital and Indiblogger.