Weddings 2025: How NRIs Can Apply For Wedding Loans In Indian Banks; Check Out Documents Required

Wedding Loan: Are you a Non-Resident Indian (NRI) planning a grand wedding in India? You have landed on the right page because we will tell you how to apply for a wedding loan and not compromise on your dream wedding plan. 

We spoke to Neha Nagar, fin-fluencer and CEO and founder of TaxationHelp.in, to help you plan a lavish wedding without emptying your account. 

She said, “NRI marriage loans are a great way to finance your wedding. The process of applying for an NRI marriage loan is similar to the process of applying for any other type of loan.”

She said there are a few differences when it comes to submitting documents, but more than that it is crucial to compare the rate of interest and terms of different banks before you apply for the loan.

Wedding Loan For NRIs: Procedure To Apply

Here is a short guideline for NRIs to apply for marriage loans in Indian banks,

Pick The Right Bank

India is not a small country, and there are many banks offering marriage loans to NRIs. You should do thorough research to find a bank that offers a low rate of interest and has good terms for the applicants. You should prioritise your convenience when applying for a loan because, at the end of the day, you will be burdened with the task of repaying it.

Check Eligibility Criteria

Fin-influencer Nagar suggested checking the eligibility criteria of the loan. You have to ensure that you first meet the criteria before you submit the application. A common check-list of criteria includes,

• You must have a good credit score
• You must be an NRI with a valid passport and visa
• You must have a co-applicant who is a resident of India
• You must have a stable source of income

Gather Documents

When applying for a wedding loan, you have to ensure that you have all the documents required. To make the process hassle-free, you must keep the documents and their copies ready in hand.

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Apply For The Loan

Once you have picked the bank that seems right for you, and you are sure that you meet the eligibility criteria, you can go ahead and apply for the loan. You can apply for the loan online or physically visit the bank to submit the application along with the necessary documents. 

The bank reviews your application and decides if they can approve it. If your application is approved, you will receive the amount based on the terms you have agreed. 

Nagar said, “The process of applying for an NRI (Government Bonds In Which NRIs Can Invest) marriage loan can be different for each bank. It is important to do your research and understand the requirements of the bank you choose.”

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Wedding Loan For NRIs: Documents Required By The Applicants

The finance influencer shared a list of documents (Documents Required To Open Demat Account) that you will need to submit with your load application. 

• Proof of income
• Proof of residence abroad
• Bank statements
• Valid passport
• Credit report
• Affidavit from the co-applicant
• Valid visa

Stay tuned to HerZindagi for more financial tips.