Personal Loan for Marriage

A Marriage Loan, also known as a Personal Loan for weddings, is designed to cover wedding expenses. It provides a lump sum amount that can be repaid in monthly EMIs over a flexible tenure. If you want to estimate your payments beforehand, tools like the ICICI Marriage Loan Calculator can help you plan better.

Use the ICICI Bank Personal Loan EMI calculator by entering the below. The tool will give you an accurate monthly EMI.

• Loan amount
• Interest rate
• Loan tenure

A Personal Loan for wedding or marriage is ideal due to flexible usage, competitive interest rates and minimal documentation.

Yes, women can apply for Marriage Loans, provided they meet the eligibility criteria.

Interest rates for a Personal Loan for wedding or marriage depend on multiple factors such as credit profile, income stability and internal assessment. The interest rate on a Personal Loan for marriage offered by ICICI Bank may start from 9.99%* p.a. as per the borrower’s eligibility. Final interest rates are subject to prevailing policies and are confirmed at the time of loan approval. To confirm the latest interest rates, click here.

Personal Loan for marriage eligibility depends on factors such as age, income stability, employment type and credit profile. Eligibility is assessed through internal evaluation and verification. Meeting basic criteria does not assure approval, as final eligibility is determined during the loan assessment process.

You can avail a Personal Loan for wedding or marriage up to ₹50 lakh. The eligible amount is determined during the application process based on internal assessment and applicable lending guidelines. 

A Personal Loan for marriage offers flexibility in usage and can be used for various wedding-related expenses. There are no specific usage restrictions, provided the loan is used for lawful personal purposes and in line with the loan agreement terms.

Yes, foreclosure and part-payment options are available for a Personal Loan for marriage, subject to applicable terms and charges. Prepayment charges are applicable after the first EMI is paid and no foreclosure charges are applied after the completion of 24 EMIs.