Wedding in India involves a lot of preparation, right from finalising catering to fixing a venue. These expenses make the wedding a costly affair and sometimes all the saving is exhausted in making the wedding a successful event. But, what if the savings are not enough to finance your dream wedding. In such situations, you may want to explore various other options to arrange for funds like personal loan or loan against property. A personal loan may be the best option if you need a small amount to fund the wedding. However, the interest rates on a personal loan are quite high as compared to secured loans such as loan against property.
Here are the advantages of taking a loan against property to fund your wedding: