Yes, RING offers personal loan for marriage specifically designed to cover wedding expenses. Whether it's for the venue, catering, or honeymoon, our loans are tailored to meet your needs, ensuring you can enjoy your special day without financial worries.
Make you dream wedding
a reality with RING
Pay easily over 60 months
Zero Paperwork - 100% Digital Loans
Instant Same-day Disbursal
About Our Personal Wedding Loan
Your Big Day, Your Way: With RING, Cover All Wedding Expenses Effortlessly. From venue booking to honeymoon planning, get financial freedom to create your dream wedding. Enjoy quick approvals and flexible repayment options to make your special day stress-free. Enjoy flexible repayment options tailored to your budget, with convenient repayment plans ranging from 3 to 60 months. Our 100% online process means instant approval and credit activation, with no physical documentation required. Experience the convenience of a seamless loan application and get your wedding started without delay. With competitive interest rates and transparent terms, we make your wedding planning stress-free. Celebrate your special day without worrying about finances.
Benefits of Personal Wedding Loans
Quick and hassle-free approval process.
Enjoy flexible repayment options.
Higher Loans up to Rs. 5 lakhs instantly.
Simple Application - Zero Paperwork.
Features of Personal Loans for Weddings
Credit Up to Rs. 5 Lakhs
Avail of credit up to Rs. 5 lakhs with paperless KYC.
Flexible Repayment
Choose repayment periods from 3 to 60 months.
Instant Approval
Money transferred to your bank account in 5 minutes.
Zero Paperwork
100% Digital - Hassle-free process
No Collateral Required
Secure a loan without pledging any assets.
Transparent Terms
Know all costs upfront with no hidden charges.
Competitive Rates
APR ranges from 32% to 57% per annum.
Multi-Purpose Loans
Use your loan for personal or business purposes
Check Your Eligibility
Instant Personal Loan Eligibility Criteria
To qualify for a personal loan applicants need to meet the following criteria:
- Nationality: Indian citizen.
- Age: Between 23 and 55 years.
- Documentation: Selfie, PAN Card, and Aadhaar Card.
- Income Proof: Required only for select high-value loans based on credit profile.
- Profile : Salaried, Self-Employed, Small busines owner & MSMEs
Having these documents prepared ensures a smoother and quicker application process
Follow these simple steps to get started:
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Verify Mobile Number
Enter your number on the RING app/website, receive an OTP, and verify.
Personal Loan For Wedding EMI Calculator
Breaking Down the Cost: Interest Rates Explained
A tool designed to help you understand the monthly payment on your loan. Whenever you take a loan, the EMI amount that you will pay is very important in helping you arrive at your final loan amount and repayment tenure. Our personal loan calculator helps you do just that. You will be able to see your monthly payment, and this will help you decide what your loan amount should ideally be, and if it is payable over a period.
Principal Amount (A): ₹500,000
Interest Amount (B):
Your EMI: ₹ per month
Your Loan Amount: ₹500,000
At Interest Rate of: 2%
For : 2 years
Total Payable: ₹
Here’s a quick example to illustrate:
- Loan Amount (Principal): ₹1,00,000
- Tenure: 12 months
- Interest Rate: 13% per annum
- Processing Fee (incl. GST): ₹3000 (3%)
- Total Interest: ₹7,180.73
- EMI: ₹1,374.63
- APR: Start from 14%
Disclaimer - The Loan EMI Calculator only shows an estimate. Consult your lender for accurate details.
The Formula to Calculate EMI on Personal Loan
The formula for calculating EMI is as follows:
EMI = [P x R x (1+R) ^N]/ [(1+R) ^ (N-1)]
P= Principal loan amount | R= Monthly interest rate (annual interest rate divided by 12) | N= Loan tenure in months
**To explain it further, let’s see an example:**
Suppose you take a wedding loan for ₹5,00,000 with an annual interest rate (IR) of 10% for a tenure of, say, 5 years (60 months).
First, convert the annual interest rate to a monthly interest rate. In this case, the monthly interest rate would be 10%/12 = 0.00833.
Using the formula, you can calculate the EMI as follows:
EMI = [500000 x 0.00833 x (1+0.00833)^60] / [(1+0.00833)^60-1]
By simplifying the equation, you will find that the EMI for this loan would be approximately ₹10,609.
This means that your monthly payment will be ₹10,609 for 60 months to repay the loan amount along with the interest.
For a more detailed explanation, you can refer to this blog.
Hear from Our Happy Customers
Rakul S
Mumbai
RING made my wedding dreams come true! The process was super quick, and I had the funds in no time. I could focus on the celebrations without worrying about the expenses. My parents and I were stress-free throughout.
Priya Mehta
Surat
Thanks to RING, I could have the fairy-tale wedding I always wanted. The flexible repayment options were a lifesaver, allowing me to manage costs comfortably without any financial strain.
Anjali Kumar
Jabalpur
Getting a loan from RING was the best decision. The process was seamless, and the customer service was excellent. I highly recommend RING to anyone planning their wedding. My relatives couldn't believe how smoothly everything went.
Pune
MED 365
RING provided me with the financial support I needed for my daughter's wedding. The quick approval and disbursement helped us plan everything perfectly. My daughter had her dream wedding, thanks to RING.
Find the Right Personal Loan For You
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Fund your dream vacation and make unforgettable memories with our travel loans. From flights to hotels and everything in between, we’ve got you covered so you can focus on enjoying your trip.
Personal Loan for Students
Invest in your future or your child's education with our flexible education loans. Cover tuition fees, buy study materials, or enrol in that special course without financial stress.
Personal Loan for Home Renovation
Give your home a makeover without breaking the bank. Whether it’s a new kitchen, a fresh coat of paint, or an extension, our loans make it possible.
Personal Loan for Weddings
Make your special day even more magical with our wedding loans. Plan the perfect wedding without worrying about the expenses, from the venue to the honeymoon.
Got Questions? Let's get to them.
Can I get a personal loan for wedding?
What are the eligibility criteria for a personal loan for marriage?
To be eligible for a personal loan for marriage, you must be an Indian citizen aged 21 years or older. Having a stable income source can also enhance your chances of approval, ensuring you can comfortably repay the loan over the chosen tenure.
What documents are required to get a personal loan for marriage?
You will need to provide a valid PAN card for identity verification and an Aadhaar card for address verification. These documents ensure a smooth and quick approval process, allowing you to access the funds you need promptly.
How to apply for a personal loan for a wedding?
Applying for a personal loan for marriage with RING is simple. Visit our website or download the app, complete the paperless KYC process, and get instant approval and disbursement within minutes. Our streamlined process ensures you can focus on your wedding preparations without any financial stress.
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