Pay for a quick wedding with THIS solution

Imagine this: instead of a big fat Indian wedding, you and your partner have decided to have a small wedding with just a few friends and family members in attendance. It will be an intimate wedding outside your home but it will be special all the same. You need to start shopping for it, but you don’t have enough ready cash on hand. At this juncture, you turn to a credit loan from a lending app.

What are credit line loans?

Though credit line loans for individuals are a relatively new concept in India, it is not a new concept in the business world. Banks routinely offer lines of credit to company accounts, to manage their daily operations with ready cash. Leading loan apps now extend this concept to individual customers with a salaried income. Your credit score and income are considered before the loan app approves a credit limit for you.

Credit line loans are small loans taken against your pre-approved credit limit as set by the lending app. Depending on the app you use and your monthly salary, you could have a maximum credit limit of Rs 4 lakh. What this means is that you can borrow a large loan or a series of small loans against this credit limit. The borrowing process can happen till the credit limit is exhausted. Once you repay your borrowings, the credit line is restored in full. In fact, you can keep repaying the borrowing so that you will always have a revolving line of credit at your disposal, whenever you need it.

This is helpful when you’re planning a quick wedding. Read on to know how.

Planning a wedding with a credit loan

Start by breaking down various heads of the wedding into various parts. This includes shopping for clothes, deciding the venue, finalising the number of guests, organising catering and seating, getting the priest, buying decorations, etc. Since the wedding is a small one, the related expenses will also be relatively low. However, you must still buy groceries, shop for clothes, pay an advance to the catering and decoration vendors, etc.

One of the biggest expense heads is grocery shopping. Guests may drop in unexpectedly, and you must be prepared with sufficient provisions to cook meals at a moment’s notice. You must also buy new clothes, shoes and accessories for your special day. You can do both by shopping on Flipkart or Amazon using your credit loan. Leading loan apps have BNPL (Buy Now Pay Later) tie-ups with Flipkart and Amazon – you can buy whatever you need today and pay for it from your salary later. This helps you get everything you need without bothering about putting up all the shopping money upfront.

You can exercise the Buy Now Pay later credit loan when shopping on Flipkart or Amazon, and get all the essentials for the quick and intimate wedding you’ve planned.

Conclusion

Credit loans are a boon for those who need access to small amounts of money periodically, whether to shop for holidays, pay for weddings, or buy clothes occasionally.

Disciplined and enthusiastic sales associate, conversant with POS and stock management systems. Commended on multiple occasions by the store management and customers themselves for superb customer service and communication skills.