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I need loan for marriage purpose suggest me Trick to get loan Upto 50 lakhs witj low intrested.
- Thread starter lonewolf
- Start date
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- annual income loan need trick
The real trick is to get a loan from in-laws for a higher amount , for higher period and at a lower interest rate.
This way it will show how much they love you !! 😉
Note: I read only the first post .
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Ekavya
TF Ace
Man! I don't know. I was also surprised when I heard this method.
I dont know what you mean by this , because I was never married and will never marry, at least in India!! 😉
On a serious note - it might invite 498A in future. If you know what I mean.
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Ekavya
TF Ace
Int: 0.02%
On a serious note - it might invite 498A in future. If you know what I mean.
Tenure: 1/0.02 years
See. Cheapest loan is always LAP (Loan against property). I have taken various loans in recent years (for my business) and paid them all. If you don’t want to use your ancestral property. Then the only options is Personal Loan which is always costly. This 10.something percent loan is way cheaper for a personal loan. I doubt that the agent is misleading you and you will eventually find it out to be a much costlier loan.
looks like you are either an advocate or someone who has already suffered😂😂
On a serious note - it might invite 498A in future. If you know what I mean.
just get married in a temple bro. use 30lk to open FD in Axis and get Magnus Burgundy. Then the rest of 20lk can be utilised in ULIPS to get Infinia.
this is great suggestion. nobody in the society remembers these extravaganza after few years, just waste of money.
Logically
Put 40 L in Mutual fund and take loan on mutual fund should be 80%
For 80k salary . You can go max 10 lakh direct else 5-7 then bank top up seeing your repayment history
80k salary, 50 lakh loan. even if interest rate is 0%, it'll take more than 5 years of salary to repay the loan. OP has to ask if it's really worth it.
(I am not considering 40lakh savings because of various reasons. emergency can happen anytime. and savings is must)
80k salary and spending 40L + 50L (loan) on marriage was mind boggling at the first place unless OP have some high cash flows under the table.
Other than that @Pissant forget to mention, after taking m4b spend 50L on that for max rewards 🥱
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If you really do want to spend that much, then do it to impress/excite your future wife and not your distant relatives. Take her to France and stay in a luxury hotel for a week. Other than that, live by your means.
Yess. But u can join ur father as co-borrower or nake a family tree (वंशावली)
Many banks not nbfc don't accept GIFT DEED registration papers🗞️