Loans
Marriage loan
This loan helps the members for their marriage related expenses.
Benefits of a Marriage Loan:
Instant Approval - Fast processing with minimal documentation
No Collateral Needed - Unsecured loan, no asset required
Flexible Repayment - Choose from 1 to 5 years tenure
Competitive Interest Rates - Easy monthly EMIs
Full Expense Coverage -Loan amount up to [₹X lakhs/USD X]
Top-up Option -Need more later? Easily increase your limit
Eligibility Criteria:
Age between 21 and 60 years
Minimum income as per bank policy
Stable job or business history
Clean credit history
Loan Details:
| Feature | Details |
|---|---|
| Loan Amount | ₹50,000 – ₹10,00,000 (or more) |
| Tenure | 12 – 60 months |
| Interest Rate | Starting from 10%–15% p.a. |
| Processing Fee | 1%–2% of the loan amount |
| Prepayment Option | Allowed with nominal charges |
| Repayment Mode | Monthly EMIs |
Required Documents:
Identity and address proof
Income proof (salary slips, bank statements, ITRs)
Employment/business proof
Wedding budget estimate (optional)
Marriage Loan Application Process
Check Eligibility
Before applying, ensure that you meet the basic criteria:
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Age: 21–60 years
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Steady income (salaried or self-employed)
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Clean credit history
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Indian resident (or NRI, if applicable)
Collect Required Documents
Prepare the following documents:
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ID Proof : Aadhaar, PAN, Passport, or Voter ID
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Address Proof : Utility bill, Aadhaar, or rent agreement
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Income Proof :
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Salaried : Latest 3 salary slips, Form 16
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Self-employed : ITR for last 2 years, bank statements
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Bank Account Details : Last 6 months’ statement
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Wedding Budget Plan (optional) : To help assess your need/p>
Submit Application
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Visit your nearest VSC Bank branch
Loan Assessment & Approval
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Our team reviews your application and documents
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Your credit score, income, and repayment capacity are evaluated
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If approved, you’ll receive a sanction letter outlining terms
Disbursement
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Once you accept the loan offer and sign the agreement, the loan amount is disbursed directly to your account
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You’ll receive your EMI schedule and loan statement for tracking
Repayment
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Repay the loan in monthly EMIs via auto-debit or post-dated cheques
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You can prepay or foreclose the loan after a minimum period (charges may apply)