My Mudra Wedding Loan

Your Day, Your way

Some moments come once in your lifetime, plan the perfect wedding of your dreams with My Mudra Wedding Loan.

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Wedding Loan

 

Eligibility Criteria of Wedding Loan


Our eligibility criteria is based on the single goal of offering you a Wedding Loan with minimum possible terms and condition. It has been finalized so that once you approach us, we never let you go empty handed.

Following are some important requirements to get a Wedding Loan. 

eligibility

Eligibility

 Salary: More than Rs. 20,000 p.m. if living in own home or parental home

 Salary: More than Rs. 25,000 p.m. if living at a rented place

 Locations: All metros and tier 1 cities

 CIBIL Score: -1, 1 to 5 or More than 600

Documents for Salaried
Employee

application

Proof of Identification

  • PAN Card
  • Voter ID
  • Aadhaar Card
  • Passport
  • Driving License
identity

Proof of Residence

  • Voter ID
  • Aadhaar Card
  • Passport
  • Driving License
  • Electricity Bill
  • Telephone Bill
  • Ration Card
kyc

Proof of Age

  • PAN Card
  • Driving License
  • Passport
  • Voter ID
  • Aadhaar Card
income

Proof of Livelihood

  • Latest six months Bank statement from the salaried or business account
  • Last three months' salary slips
  • Employment Certificate or Identity
  • Proof of Office Address: The acceptable options are: i.)Electricity Bill ii.)Telephone Landline Bill
menu

Proof of Tax submission

  • Form 16
  • Latest Income Tax Returns
  • Appearance
  • Recent Passport-Size Photographs

Eligibility

 Income Tax Return: More than Rs. 3 Lakhs p.a.

 Business Establishment: More than 2 years

 Locations: Delhi NCR only

 CIBIL Score: More than 700

Documents for Self
Employed

application

Application

Application form with photograph
identity

Proof of Identity

Self-attested photocopy of any one of the following
  • Driving license
  • Passport
  • Voters ID
  • Aadhaar Card
  • PAN
kyc

KYC

Valid identity / Residence / Signature proof
income

Income Proof

  • Form 16/ITR for last 3 years
  • Latest 6 months Bank Statements
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Others

  • e-KYC
  • c-kYC

How to improve your Wedding Loan Eligibility?

Follow these tips to improve your Wedding Loan Eligibility –

Get Rid of Debts

Maintain a good repayment history by paying off your existing loans and liabilities on time without defaulting

Maintain a good CIBIL Score

Try to build a CIBIL score above 750

Do not apply for multiple loans simultaneously

Apply for a loan that fits your needs, raising multiple loan applications can decrease your credit worthiness

Choose a longer loan tenure

Opt for a longer repayment tenure that will allow you to disburse the overall due amount over a longer time span. This will also help in reducing the EMI amount.

Add Co-applicants

A co-borrower (a spouse, or parent) with a good income and credit score will boost your eligibility for a bigger loan amount.

improve-eligibility

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Our partners from across the industry

We collaborate with the best and biggest in the banking & financial world to get you relevant products at great rates.

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indiabulls city-bankidfc-bank poonawala-fincorp
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Your Data Is Secure With Us.

We employ best-in-class security practices and procedures to keep your information secure every time.

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Security

From taking regular backups to using stronger passwords, we strictly prohibit any kind of unauthorized access of your crucial data, corruption, or theft throughout its life cycle.

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Privacy

We identify all the different ways your privacy could be at risk and have prepared safeguards to help you protect yourself online with us. Your privacy is important to us.

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Compliance

We are ISO 27001:2013 and SOC2 Type 2 compliant which instills trust into the hearts of our customers. We are secured with SSL and a certified GSP (GST Suvidha Provider).

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