What collateral is required for a marriage loan?
- Posted: 30th January, 2025
- Updated: 30th January, 2025
*T&C Apply
Collateral is usually not required for marriage loans. These loans are typically unsecured, meaning you do not have to give something of value to the lender as a guarantee.
However, in some special cases, lenders might ask for collateral, if:
- The loan amount is very big.
- Your credit history is not good.
It is important to check with the lender directly if they need collateral for a marriage loan and why. If they do require collateral, you can discuss with them about what kind of assets they might accept. These could include:
- Real estate: Properties such as homes, apartments, or land.
- Investments: Stocks, bonds, or other financial instruments."
Popular FAQs
- Does the TDS rate vary for different types of income?
- Can a Term Loan Calculator estimate the total interest paid over the loan term?
- Are TDS rates different for various financial years?
- Can I use a TDS Calculator for rental income calculations?
- Do First-Time Homebuyers Receive any Stamp Duty Exemptions?
- How does the Term Loan Calculator handle extra payments?
- Is Stamp Duty Applicable on Gifts and Inheritances?
- How is Stamp Duty Calculated for Commercial Properties?
- Are Stamp Duty Rates the Same in all States of India?
- What is the Rule of Stamp?
Recent FAQs
- What is a Fixed Deposit?
- Does FD pay monthly interest?
- Will I have to pay a penalty to withdraw FD before its time?
- Can I Start an FD online?
- Which Type of FD is Best?
- Can I Deposit 10 Lakhs in FD?
- Does FD Renew Automatically?
- How can I break my FD without penalty?
- What is the maximum time limit of FD?
- Does FD have a lock-in period?
Check your Free Credit Score
Most Viewed FAQs
- How do I check my loan balance?
- Can I schedule future payments for my municipal bills online?
- Is it safe to make insurance premium payments online?
- Can I pay insurance premiums with a credit card online?
- How can I pay my insurance premium online?
- Can I renew my insurance policy online?
- What is an insurance premium, and why do I need to pay it?
- What are the benefits of renewing insurance policies online?
- How can I find the amount of my municipal water bill online?
You may be interested in
- Home
- Financial FAQs
- What collateral is required for a marriage loan?