"Planning a wedding in 2025? Explore the top banks in India offering wedding loans with competitive interest rates, flexible tenures, and easy EMI options to make your big day stress-free."
Published: 30 August 2025
Updated: 30 August 2025
Weddings are one of the most important, beautiful, and cherished occasions in one’s life, and especially in Indian society. And as essential as it is, it is also incredibly expensive, and not everyone has the necessary funds to facilitate constant payments for a period. This is why wedding loans have become really popular today, with many banks and financial institutions providing personal loans dedicated to wedding-related expenditures.
Let’s explore the top banks for wedding loans in India, what such loans are, how they work, their benefits, and more.
A wedding loan is a type of personal loan that is provided with the intention of the funds being spent on all wedding-related expenditures. From venue booking and catering to jewellery and clothing, everything is covered under these loans. They are usually collateral-free and are instantly disbursed via online portals.
The process of availing such loans is broadly similar to availing other personal loans. The eligible applicants can take a wedding loan to take care of all their wedding expenditures. Lenders typically provide funds up to ₹50 lakhs, with such loans largely having simplified application procedures on their online platforms. Relatively, these loans also have easy eligibility criteria and required documentation.
Interest rates generally range from 9% to 24% per annum, with 5 years typically being the maximum tenures. Repayment schedules are often flexible and usually tailored to the loan parameters and the customer’s requirements. Both private and public sector banks and NBFCs offer these types of loans.
Availing a wedding loan in India in 2025 can bring the following benefits:
Here are some of the top banks for wedding loans in India and their schemes:
HDFC Bank offers a marriage loan of up to ₹40 lakhs, available fully online for salaried individuals. The loan tenure ranges from 12 to 60 months, making it flexible for planning wedding expenses.
ICICI Bank provides marriage loans up to ₹50 lakhs with minimal documentation. These loans are available to both salaried and self-employed individuals, with fast disbursal and prepayment options. Tenures generally range from 12 to 72 months.
IDFC First Bank provides a wedding loan of up to ₹10 lakhs, with a tenure range of 9 to 60 months. This loan is aimed at providing funds for all wedding expenditures and has the benefit of zero foreclosure charges and instant approval.
Kotak Bank also provides a marriage loan for the wedding expenses of individuals, with the maximum amount available being ₹35 lakhs. The interest rates are tailored to the specific loan requirements, and the maximum tenure is 6 years.
Here is the list of the latest interest rates charged by different banking institutions on wedding loan schemes:
|
Bank |
Interest Rate (p.a.) |
Processing Fee |
|
Kotak Bank |
From 10.99% |
Up to 5% + GST |
|
HDFC Bank |
10.9% to 24.00% |
Up to ₹ 6,500/- + GST |
|
ICICI Bank |
10.60% - 16.50% |
Up to 2% + GST |
|
IDFC First Bank |
From 9.99% p.a. |
Up to 2% + GST |
Eligibility Criteria for Wedding Loan in India
The following are some of the common criteria for availing such loans:
With My Mudra, not only can you find the right loan, but we also help you understand which add-ons are truly worth it. This helps you make informed choices while keeping your financial well-being intact.
Wedding loans are one of the easiest loans to repay, with highly attractive features and various alternatives available, making them an ideal source of funds for all the wedding-related expenditures. At My Mudra, we aim not just to help you get the right loan, but also the right protection. Speak to our team today. Secure your loan. Secure your future.
Also Read:
- How to Get a Marriage Loan in Kerala?
- What is the Process for Applying for a Marriage Loan
Ans: Yes. Wedding loans are categorised as personal loans, and almost all banks and NBFCs offer such loans. The top banks offer dedicated wedding loan schemes, with segregated features and criteria.
Ans: The top banks for wedding loans in India are HDFC Bank, ICICI Bank, Kotak Bank, and IDFC First Bank, with dedicated marriage loan schemes.
Ans: Interest rates are dependent on the financial institution providing them, but they usually start from 9%.
Ans: No, wedding loan schemes do not require an asset to be submitted as collateral.
Ans: Yes, there are online application procedures available on the official websites of the lenders, with the approval and disbursement being online as well.
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