We all understand the financial implications of Indian wedding ceremonies. We all know how parents have saved or invested in their children’s weddings for decades. The most expensive items for Indian weddings are jewelry, decor and venue. This list is well-known and has been passed down through generations.
However, there is something new.
Celebrities and millennials have added many dimensions to the definition of marriage. Pre-wedding photoshoots and personalized theme decor, luxury honeymoon dreams, wedding songs, rehearsals, and destination wedding ideas are common elements in wedding planning. This is a lot more professional than the impromptu acts performed in the past. Although it sounds expensive, this is a way for couples to take on more financial responsibility for their extravagant wish lists and pay the extra expense. Self-reliance is a big step forward.
However, financial constraints can make it difficult to have a dream wedding. There is no limit to how much you can save, so here are five ways to have a great wedding, even if your budget is tight.
Start planning early: The laws governing demand and supply apply to everything, even marriages. If you know the trends, you will know what you want. Booking and planning can help you secure better rates. To get the best deal, research and negotiate. Book vendors and venues well in advance to save money instead of making last-minute bookings. You will know what to do if you have narrowed down your favorite venue, which is often booked all year. Book your relatives’ flights in advance if they are required to travel to your area. Planning is key to avoiding costly expenses and getting exactly what you want. Pre-planning can also help you avoid last-minute rushes and allow for more expenses when the date gets closer.
Shop for season Trousseau shopping is a very expensive part of Indian marriages. Even though they are only worn once, they can be quite expensive for newlyweds. Some couples spend thousands on jewelry alone. The bridesmaids, parents, and groomsmen also spend a lot on jewelry. You can personalize your jewelry with different sets or outfits that match the theme of each occasion. You can also shop ahead, as most trousseaus have a traditional design.
Don’t invite everyone to your marriage ceremony. This will reduce the cost of catering and other costs associated with serving guests (from invitations to return gifts). Invite close friends and family members. You can also organize a separate reception by categorizing your guests and sending invitations to that function. Within your budget, you can get everyone’s blessings.
Don’t listen to the professionals: Being a wedding planner is easy. You can search the internet for advice and help and plan everything correctly. Although hiring an event manager or wedding planner will make the task easier, personalizing your arrangements will increase your sense of accomplishment and help you control the actual cost of the event. Local vendors are also a good choice for catering and flower decor. Choosing a brand name may not be the best choice for weddings.
Get married with LoanTap!
Most banks and institutions offer marriage loans the same as a personal loans. LoanTap is a different story. We know that weddings can have a lot of expenses beyond the cost of a single day. The cost of a wedding and honeymoon can add up quickly, even before one begins marital life. We offer a Wedding Loan with interest-only payment for the first five months and then EMI repayments for the remaining loan amount. You will pay Rs 1500 per Lakh for the first five months before EMI payments begin. Wedding loans can be availed starting at Rs. From Rs. 1 lakh up to Rs. 10 lakhs. You only need to earn a minimum of Rs. To be eligible for the loan, you must have a minimum of Rs. 30,000
Click here to get a wedding loan from LoanTap. LoanTap’s wedding loan has many other benefits.
- Instant Loan Amount: Click ‘Check my Rate’ to check your instant loan amount. Find out your eligibility, terms and conditions, and fees before you apply.
- LoanTap offers quick disbursal: Because we understand your urgency and need, the entire process from loan application to loan disbursal takes less than 24 hours.
- LoanTap offers a high loan amount and a longer repayment term for a wedding loan. The range of Wedding Loans available from LoanTap is between Rs 1 lakhs to 10 lakhs. Your credit and eligibility will be used to determine the final loan amount. For terms of between 12 and 24 months, we can offer you a wedding loan.
- There are no prepayment fees: You can prepay the entire amount of your loan after 6 months of service. If you wish to reduce your monthly cash outgo for a wedding loan, you can change the loan or convert it to an EMI-free loan.