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Three steps to get your perfect wedding loan in Singapore:
1. Apply online in a few minutes
2. Compare multiple wedding loan offers
3. Pick the best loan and get your cash
Our goal is to make your wedding loan application in Singapore process quicker, simpler and more transparent. As Singapore’s only true personal loan comparison service, we support you all the way from application to disbursement. Click below to read more about Lendela and how we empower thousands of loan-seeking Singaporeans every month.
A wedding is a big party which calls for big-name expenses for the bridal train, venue, catering, flowers, event photography, media coverage, and the wedding coordinator. A great marriage loan avails you of the opportunity to pay for those mounting expenses in a convenient manner.
A wedding loan or marriage loan is a loan that is taken for the funding of your own wedding or someone else's wedding, like your child. The funds should cater for everything that you might need, from wedding apparel to catering services and decorations.
Taking a personal loan for your wedding is a very wise choice, but if you’re doing so without proper preparation and if you spend the money mindlessly on needless things, your financial health will need resuscitation before long.
Spend wisely and make sure you compare various options for each expense before deciding which wedding loan to go with. Also, make sure to calculate your ability to repay the money in time, and prepare a realistic repayment plan for your wedding loan or marriage loan. After all, you want the lasting memories from getting married to be all about your big day and not a financial headache.
Wedding costs can vary widely depending on factors such as the size of the guest list, venue, catering, and other expenses. On average, a wedding in Singapore can cost anywhere from a few thousand to tens of thousands of dollars. It may be helpful to create a budget outlining all anticipated wedding expenses and explore different borrowing options to find the most suitable and affordable solution for your circumstances.
Estimated wedding costs in Singapore
Wedding banquet (15 tables of 10): $7,500–$48,500
Wedding photography: $2,000–$4,000
Wedding videography: $2,000–$4,000
Wedding hair and make-up: $250–$1,000
Wedding car rental: $300–$1200
Wedding gown and suit: $500–$5,000
Wedding rings: $500–$3,000
When it comes to borrowing for your wedding, unsecured personal loans are a common option. These loans typically offer a fixed interest rate and are not backed by collateral, making them suitable for various purposes, including weddings. The amount you can borrow for your wedding through an unsecured personal loan depends on several factors, including your credit score, income, and existing debts.
In Singapore, banks and financial institutions offer unsecured personal loans with varying interest rates and borrowing limits. Generally, the borrowing limits for unsecured personal loans in Singapore range from $3,000 to $100,000, with repayment periods up to 5 years.
To obtain a wedding loan, or a marriage loan in Singapore, you are expected to satisfy the following requirements:
You must be at least 21 years of age
You must have a minimum monthly income of $2,500
You must be a salaried Singaporean / PR / EP holder / S-pass holder
If you fulfil all the criteria above, don't hesitate to start your Singapore wedding loan application with Lendela by clicking the green apply button. We help you through a simple and fast online journey towards getting the best wedding loan in Singapore.