What is the Moratorium Period in Personal Loan?
Oct 30, 2025 | 4 mins read
Plan your perfect celebration without compromise. Apply for a Personal Loan for Wedding.
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A wedding is one of the most important events in life, but it often comes with high expenses. From venue bookings and catering to attire and decoration, costs can add up quickly. A Personal Loan for Wedding or Wedding Loan helps you manage these expenses without using your long-term savings or disrupting your monthly budget. You can borrow up to ₹ 30 Lakh personal loan with our unsecured loans and repay the amount easily over a tenure of 72 months.
No Collateral Required
Personal Loans are unsecured, making the process quicker and simpler.
Affordable Interest Rates
Personal Loan for Wedding interest rate starts from as low as 11% p.a.*
Online Application
Apply from anywhere, anytime. Upload documents digitally and get instant updates.
Quick Disbursal
Get the loan amount credited to your account quickly.
Flexible Repayment
Choose from tenures ranging up to 72 months based on your budget.

Results generated by the calculator(s) are indicative in nature.
Preferred loan amount
Interest rate (per annum)
Loan tenure (months)
Estimated EMI
per monthInterest payable
₹52,41, 690
Eligibility Criteria for Marriage Loan
Residency
Indian resident
Age requirement
21 to 58 years
Profession
Salaried or self employed individuals

List of Documents Required for Wedding Loan
Identity Proof
Passport | PAN Card | Driver License | Voter ID | Aadhaar Card
Address Proof
Utility bill of any service provider not more than 2 months old (Electricity, Telephone, Post-paid Mobile Phone, Piped Gas, Water Bill) | Passport | Voter ID Card | Driving License
Income Proof
Income proofs vary for different professionals across salaried and self employed.
Please find the easy detailed list of required documents here
a) Salaried - Last 3 month's salary slips / Form 16 / Last 3 month's bank statement reflecting salary credits / Salary Certificate
b) Self Employed - Latest Income Tax Return (ITR)
c) Bank Statement -Last 3 month's statement is mandatory
d) Residence Ownership Proof - Not mandatory

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Marriage Loan Interest Rates & Charges
List of all fees and charges
Processing Fee:
Up to 3% of loan amount + applicable taxes
EMI Dishonour/Bounce Charge*
*A bounce charge is a charge for
(i) dishonour of any repayment instrument; or
(ii) non-payment of instalment(s) on their respective due dates due to dishonour of payment mandate or non-registration of the payment mandate
As shown in the table below
Penal Charge/Late Payment Charge (LPC):
2% per month (p.m.) on overdue EMI *
*LPC revised from 3% to 2% per month on overdue EMI w.e.f. 4thDec 2023
*Taxes applicable on LPC w.e.f. 1st April 2024
Part pre-payment charges:
5% of prepaid amount + applicable taxes
Foreclosure Charges:
5% of principal outstanding + applicable taxes
Annual Maintenance Charges:
Nil
Statement or document retrieval charges:
Duplicate NOC: Rs. 500/- + applicable taxes (Charge is applicable post 3 free copies)
Repayment instrument swap charge (per swap):
Rs.500/- + applicable taxes (applicable only for branch walk-ins)
Charges for documents like Statement of Account/Repayment Schedule /Foreclosure Letter & Welcome Kit:
Nil
Cooling-off/ look-up period during which Borrower shall not be charged any penalty on prepayment of loan:
3 Days from the date of disbursement
Loan cancellation fee post cooling off period of 3 days:
5% of principal outstanding loan amount + applicable taxes
Field collection service charge:
Rs. 500/- per collection + applicable taxes
Legal fees and charges:
Up to Rs. 30,000/- + applicable taxes
Recovery charges:
Up to Rs. 15,000/- + applicable taxes
*Terms & Conditions Apply. All actual charges will be as per Key Fact Statement (KFS) shared by the company.
How to Apply for a Personal Loan for Wedding Online?
Apply for Personal Loan with these steps
1. Apply online in just few minutes
Select Personal Loan and click the 'Apply Now' button to start your seamless digital loan journey
2. Fill in your details
Enter your personal details, such as income details, current address, and more, to instantly check your loan eligibility
3. Get your customised offer
Explore personalised loan offers to match your needs. You may also get an option to enhance your offer
4. Set up E-mandate
Securely provide your bank details to easily register for an E-mandate, ensuring smooth loan repayments
5. Complete KYC
Verify your identity easily and securely with a quick KYC process from the comfort of your home
6. Get loan disbursement
Get your loan disbursement directly in your bank account, ensuring fast and seamless access to funds
Check your eligibility, fill out the online form, upload documents, and get your disbursed directly into your bank account.
Personal Loan for Wedding interest rate at L&T Finance starts as low as 11% p.a.*
You can borrow up to ₹ 30 Lakh with L&T Finance, based on your income and repayment ability.
A Personal Loan for Wedding is an unsecured loan offered to finance wedding-related expenses.
The processing fees for a Personal Loan at L&T Finance is up to 3%* of Loan Amount + applicable taxes.
Using a Personal Loan for Wedding EMI calculator, input the loan amount, tenure, and interest rate.
Yes, women can apply individually if they meet the eligibility for a Personal Loan.
Indian citizens aged 21–58 years with a stable income and decent credit score.
ID proof, address proof and income proof are required to apply for a Personal Loan for Wedding or marriage loan with L&T Finance.
Yes. A good credit score improves your chances of getting a loan at lower interest rates and favourable terms.
Personal Loan
I have upskilled myself and look forward to starting my own venture soon. Smooth process, disbursement in 15 mins of process completion. Extremely satisfied with the assistance of the Call Center.
Jasbir Kaur
Punjab
Personal Loan
I was aware of L&T Finance Consumer Loans, as I have already benefited from their services in the past. They had even clarified my doubts about T&C and loan process by calling me up at my convenient time. Because of such good support, I decided to take loan again from L&T Finance Personal Loans.
Chirag Mehta
Ahmedabad, Gujarat
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