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 > Loan for Wedding > How to Choose the Perfect Wedding Venue in 2023?

Loan for Wedding

How to Choose the Perfect Wedding Venue in 2023?

How to Choose the Perfect Wedding Venue in 2023?

From ditching the décor to forgoing a few delicacies from the menu, pretty much every aspect of a wedding is optional. But you know what you can’t skip? The venue!

However, choosing the perfect wedding venue is easier said than done, primarily due to the number of options available. You could go for a quintessential banquet wedding, an airy outdoor one, or people’s favourite – destination wedding. The possibilities are truly endless, and thus, overwhelming.

If you’re in a similar fix, here are some tips to help you choose a perfect wedding venue 2023 for your big day.

Budget

Figuring out a realistic budget is the first thing every couple must do before embarking on a wedding planning journey. Though it may not sound like the most exciting thing; without it, you'll be more vulnerable to mistakes.

Begin with dictating what you want your final wedding expense to be (with a 10% contingency). Then, divide it into buckets and allocate it to different elements like:

  • Venue
  • Catering
  • Wedding trousseau
  • Photographer
  • Décor

However, make sure to attribute a sizable chunk of your budget for the venue, as more often than not, it’s the heftiest spend out of all.

If an expense is out of your budget, you can cut costs somewhere else to accommodate it. However, if you don’t want to go down the compromise route, you can always opt for a personal loan for wedding.

Additional Read: Marriage Expenses to Keep in Mind When Choosing a Wedding Venue

Capacity

A mismatch in venue capacity and guest count can make or break a venue. Obviously, you can’t cram 200 people into a venue that’s designed to accommodate 100. The reverse is equally problematic.

When not sure how many guests will attend the wedding, always be ready for more than less. If you’re booking a venue for both ceremony and reception, ensure that the venue can fit the total guest count from both events, as many of the ceremony guests will carry over to the reception.

Transportation

To craft a positive guest experience, you also need to factor in the accessibility of the venue. From ensuring enough parking spaces to checking in with the local hotels to make sure there are enough vacancies, it’s imperative to guarantee that your family and friends can travel to and from the venue without a shred of discomfort.

Date availability

Once you begin shortlisting venues, keep availability high up on your priority list. Many venues already have dates booked 2-3 years in advance. Moreover, with COVID-19 postponements, the competition for popular dates will be sky-high.

Therefore, be realistic while choosing the dates. The more flexible you are, the more options you’ll have. If you’re okay with a weekday wedding, you can bring down the budget by a significant margin while simultaneously not having to fight for dates.

Additional Read: Top 5 Cost-Saving Tips for Having an Indian Destination Wedding

Wrapping up

Now that you’re aware of the essentials of choosing wedding venues, you can begin your research. One last tip: make sure you visit the venue and ensure it aligns with your artistic vision before booking it.

If you’re falling short on money, Tata Capital is here to assist you! With our affordable marriage loan interest rates and quick loan processing, you can get the funds in just a few hours.

Start planning your wedding budget with our personal loan EMI calculator today.

Leave a Reply

Your email address will not be published. Required fields are marked *