Get the Tata Capital App to apply for Loans & manage your account. Download Now

Blogs SUPPORT

Equipment Finance

Avail Digital Equipment Loans
up to Rs. 1 Crore

  • Attractive ROIs
  • Customizable Loan tenure

Equipment Leasing

Avail Leasing solutions
for all asset classes

  • Up to 100% financing
  • No additional collateral required

Tata Capital > Blog

Tips to combine Savings & Marriage Loan for your Great Indian Wedding

Even though marriages are made in heaven, you have to spend money here on earth for marriage celebrations. There is absolutely no doubt that marriage costs have sky rocketed. Most often than not, marriage budgets are exceeded as costs are underestimated.

So how should you go about planning your marriage finances?

We offer you some tips.

A typical Indian wedding can cost anywhere between Rs 10 and 20 lacs. After that, another few lacs might be needed for honeymoon and home furnishing etc. post marriage. If your savings and your parent’s contributions do not add up to those numbers, you need to take some financial assistance. These are easily available these days in form of wedding loans. Simply speaking, these marriage loans are personal loan taken for the purpose of funding marriage expenses.

But before applying for the loan, do some homework. Make a list of all expenses and categorize them according to their priority. One way can be to categorize them as necessary, desired and irrelevant. Once you have the list, you will get a broad idea of the amount that you need to put together.

Now compare the required amount with what you and your parents have saved up. The difference between the two amounts will give you an approximate idea bout the required loan.

But don’t just go and apply for a wedding loan after this.

Use online EMI calculators to see how much EMI that would mean for you. Give a thought about whether you can afford that kind of EMI or not. If you think it would be difficult, then make sure you reduce your loan amount and borrow less.

The biggest advantage of taking a marriage loan is that you get to know in advance your future loan EMIs and that helps in the proper planning of your future expenses.

Perfect Places to Visit During School Vacation

Holidays are a happy time for students as they get a break from the hectic school life and stressful examinations. During the school vacation, treat your children by taking an international trip! Your kids will enjoy exploring national parks, amusement parks, hill stations, or a variety of other destinations.

With a myriad of interesting places to visit across the globe, it sometimes becomes a cumbersome task to make a choice. Whether you are looking for places to keep the kids entertained or bond with them, here is a list of the best places you may visit during the summer vacation.

1. Dubai

With numerous fun activities to do in Dubai, a family trip here will definitely create some enjoyable and unforgettable memories. You may visit the Aquaventure Waterpark which has slides, waterfalls, wave pools, and a large playground, among others. Other places to visit in Dubai with your kids include Wild Wadi Water Park, Dubai Aquarium & Underwater Zoo, and Dubai Ice Rink, among others.

2. Malaysia

Malaysia, a Southeast Asian country, is full of great activities for kids. You may visit the Sunway Lagoon Theme Park, which has many attractions that your kids will absolutely love. Besides, your kids will have a great time at the three themed lands – Wild Wild West, Waters of Africa and the World of Adventure. There are also a number of national parks to visit in Malaysia.

3. London

Whether you are looking for kid-friendly attractions, museums, music performances or nature reserves, London has it all. Take your kids to experience the magical world of Harry Potter by visiting the ‘Warner Bros. Studios Tour London – The Making of Harry Potter.’ While in London, you may visit many other attractions such as Hyde Park & St James Park, London Transport Museum, Hackney City Farm, Battersea Park, and Imperial War Museum, among many others. You may borrow a travel loan to finance your trip to London.

4. Orlando, USA

The Walt Disney World Resort in Orlando is a famous family destination and includes attractions such as Disney’s Typhoon Beach, Disney’s Blizzard Beach, Epcot theme park, and Disney’s Hollywood Studios, among others. Kids may also enjoy a trip to Universal Orlando Resort, which has thrilling rides, numerous attractions as well as entertaining shows. Besides, the Harry P Leu Gardens, Orlando Museum of Art, Mennello Museum of American Art, and Orlando Science Center will keep your kids entertained at all times.

A trip with your kids will give them an opportunity to relax from their daily school routine. There are numerous financial institutions that provide personal loan for those seeking to go on an international holiday. You may compare top loan providers and select the one offering the best interest rates. Once you have chosen your preferred lender, you may apply for a personal loan and utilize the same for traveling with your kids.