Contrary to popular belief, you don’t have to blow up huge amounts of money on your wedding. You can have the most beautiful wedding, even within a fixed budget. Moreover, since the pandemic, many people have started opting for more intimate affairs than lavish weddings.

Furthermore, you can always rely on a wedding loan to fund your special day. These marriage loans are just like personal loans and can be availed for all wedding-related expenses.

Here are some simple yet effective tips on how to plan a wedding on a small budget under Rs. 5 lakh:

1. Budget for every penny:

Weddings are notorious for going over budget. As soon as you have some disposable income, create a wedding fund. Next, make an Excel sheet that accounts for everything and keep a small amount for contingencies.

If you’re using a personal loan for wedding, remember to maintain a wedding expense tracker to monitor where you are spending and how much.

2. Get married in the off-season:

Getting married in the summers instead of the wedding season of November to February can help you save a considerable sum. You will be able to book venues, decorators, photographers, caterers, and other vendors at a lower cost.

3. Try offbeat venues:

Instead of the 5-star hotel routine, go for a cottage resort close to the city to save money. Also, if your friends or relatives own a farmhouse, use it to host the budget wedding. This way, you can get the venue cheap or even for free!

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

4. Keep it a small intimate affair:

With the ongoing pandemic, having an endless guest list is a big no-no. So, trim your wedding list and only invite people close to you who you know will make your wedding day special.

5. Hire a local wedding planner:

Wedding planners know vendors that cater to all budgets and can help you get great deals, along with handling all the preparations. Be upfront with them about your expectations and ensure they stick to it.

6. Send e-invites:

Invitation cards are costly; not to forget, a waste of paper too. So, you can instead create digital invites and send via WhatsApp and e-mail. Do follow it up with personal phone calls.

7. Encourage guests to RSVP:

While Indians don’t believe in RSVP, encourage your guests to do so. This will help avoid wastage of food. Additionally, it will also help you budget and plan your wedding better.

8. Get a good home caterer:

Another tip to plan a wedding is to opt for a home caterer. Such services are cheaper than hiring established and popular wedding caterers. Make sure everything on the menu is checked for quality.

9. Merge functions:

Let’s avoid a 5-day saga! Merge your Pheras with the reception or Haldi with Mehendi. Host the smaller functions at home or bungalow of a relative. It is crucial to walk with the times and have a wedding as per the Covid-19 restrictions and precautions set by the government.

Additional Read: Budget Tips for Your Wedding

Parting thoughts

Financing a wedding by yourself can be daunting. Therefore, it makes a ton of sense to opt for a wedding loan from Tata Capital. Tata Capital’s personal loans come at competitive personal loan interest rates, starting at 10.99%. You can get a personal loan for wedding for part or entirety of your wedding budget with minimal paperwork. Finally, you can check your personal loan eligibility and apply for the loan online.

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