Marriages, they say, are made in heaven- but all good things come with a price, just like destination weddings. For Indians, destination weddings are highly in vogue. Right from selecting a lavish venue, to booking top-class caterers, to arranging for a pre-wedding shoot, everything involves considerable amount of money. But, you need not worry when you have right planning in place that will keep your financial woes at bay. With a wedding loan, you can fulfil all your desires and get lavishly wed in the destination of your choice without having to worry about expenses at every step. It is any day better than breaking your fixed deposits or breaking into your parents’ savings.

A wedding loan is like a personal loan taken for the purpose of a wedding. Just like a personal loan, a wedding loan also doesn’t require any collateral so you don’t have to worry about what to pledge. With a personal loan for the wedding, you can fund your entire wedding, right from booking a plush venue to the best caterers to buying that designer lehenga or sherwani – there is no restriction on how you spend the money that you get on availing a personal loan for a wedding.

We, at Tata Capital, are known to give wedding loans starting from Rs 75,000 to Rs 25 lakh. The rate of interest is also pretty low at 11.25 per cent, and you can repay this personal loan over one to as long as six years, because your convenience is our priority.

Now that your funding concerns are sorted, let’s look at a few tips with which you can hold a fun destination wedding on a budget:-

Let guests know well in advance: It’s important to give your nearest and dearest ones sufficient time to calculate if they are willing to travel to your ceremony. If you are making their travel bookings, you should have a clear idea of how many people are coming from each family, so that you can book in advance and get great flight discounts. Even with respect to rooms, you might get wonderful deals for group booking that should be well within your budget.

Embrace the local setting and save big: Cut down on your decor budget by incorporating local blooms — how about olive branches and grape leaves in Tuscany or local orchids in the tropics. You can also serve local specialities at the reception, like conch fritters in the Bahamas or carnitas in Cabo, xacuti in Goa, to cut catering costs.

Visit in advance: It is ideal that you see your venue for yourself once before booking to check if everything is as per your expectation. If you take a wedding loan, you will have enough funds to make a trip to ensure everything is in place. If you visit the place once in advance, you will exactly know what’s in store, what all is available there, so that you don’t have to bear extra costs last minute to arrange things at a high price.

Meet vendors in person: Avoid third person services unless you have hired a wedding planner. Set up direct meetings with the well-known florists and rental companies in your destination. Ask for referrals from your venue on the ground. You might discover local talent at a cheaper rate you didn’t know about. Pay in advance if they are ready to give discounts. You don’t have to worry about costs since you have taken a personal loan for a wedding. Apply for a wedding loan in advance to be able to make advance payments.

Now that you have the major tips for a budget destination wedding, you certainly don’t have to spend sleepless nights to make your D-day memorable one. We at Tata Capital process wedding loans within seven days if you have all the documents in place You can easily do it online on the Tata Capital website at the comfort of your home. Know more about Tata Capital wedding loans.