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Best Ways to Get Additional Funds For Marriage Expenses in India

Finally, it just isn’t a fiscally responsible decision to redeem from the EPF before it matures, and will often leave you at a disadvantage in the long term

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A marriage ceremony Source: Pixabay
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Especially in India, organizing a wedding is a generally a no-expenses spared affair. However, this often means that you would have to plan years in advance to set aside enough money – which is not always feasible.

But there are a number of ways in which you can obtain money for your wedding expenses easily, if you know where to look.

1) Wedding loan (Personal loans tailored for weddings)

This would be the obvious choice for most looking for a bit of extra cash to splash on their wedding as personal loans are obtained almost instantaneously. Loans are issued based on your credit score and are coupled with flexible EMI tenures to suit your needs.

However, the interest rates attached to them are generally on the higher side, you run the risk of incurring hidden costs and a fair amount of time and mental space have to be allocated to deciding which loan is the best fit for you – a luxury that a person planning a wedding may not always have.

2) Digital lending platforms like MoneyTap

In terms of flexibility afforded to you and ease of access, digital lending platforms like MoneyTap present one of the most attractive options to obtain cash for wedding expenses.

In a click of the button, the cash that you borrow is disbursed directly into your bank account – meaning that you don’t have to waste your time bank-hopping and searching for the best fit loan for you. There are also no hidden costs as all the details of the loan you’re applying up for are presented to you before you sign on.

Best Ways to Get Additional Funds For Marriage Expenses in India
A Glimpse of Indian Marriage, Wikimedia

In addition, owing to the unpredictable nature of wedding expenses, the flexibility offered to you by the MoneyTap card in converting billing cycle repayments to EMI is of great use. Download the MoneyTap instant personal loan app now.

3) Securing EPF loans

This option may seem to be appealing on first glance – as you’re essentially tapping into your own money when you need wedding expenses. However, there are limitations to consider when pursuing this approach.

Also Read- Narendra Modi, Rahul Gandhi Among Top Names To Start Telangana Campaign

Firstly a service tenure of at least seven years is required before you can take an EPF loan, which may not be the case for everyone who needs to fund a wedding. Another limitation is that you can only tap into a maximum of 50% of your contribution to the fund, which may not prove enough to cover your wedding expenses.

Finally, it just isn’t a fiscally responsible decision to redeem from the EPF before it matures, and will often leave you at a disadvantage in the long term.

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Microsoft Surface Go Now Available on Flipkart

For users who require connectivity via video calls, the Surface Go features a 5-MP HD camera and rear auto-focus 8MP HD camera, along with dual microphones

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Pre-order Microsoft Surface Go now on Flipkart in India. (IANS)

With an aim to take on the Apple iPad Pro and Samsung Galaxy Tab S4, Microsoft on Saturday brought its smallest and affordable Surface Go device to India, starting at a price of Rs 38,599.

Weighing at just 1.15 pounds and 8.3 mm thin, the 10-inch, two-in-one device is now available for pre-order with Flipkart, the company said in a statement.

The Surface Go with 4GB RAM and 64GB internal storage will cost Rs 38,599 while the 8GB RAM and 128GB variant can be purchased for Rs 50,999.

The Surface Go type cover (black) will cost an additional Rs 8,699 and the signature type cover (colour) will cost Rs 11,799.

Microsoft launched the Surface Go globally earlier this year.

Flipkart.com

The 2-in-1 device comes with the Surface Pen — with 4,096 levels of pressure sensitivity and a 3:2 high-resolution “PixelSense” custom calibrated display designed to render the pages of most school textbooks.

Powered by the 7th Generation Intel Pentium Gold Processor 4415Y and protected by Gorilla Glass 3, the device offers up to nine hours of battery life.

Surface Go also has several ports for various needs, including Surface Connect for charging and docking, USB-C 3.1 for data, video, and charging, a headphone jack and a MicroSD card reader for storage expansion.

Also Read- OPPO Launches its First R&D Centre in India

For users who require connectivity via video calls, the Surface Go features a 5-MP HD camera and rear auto-focus 8MP HD camera, along with dual microphones.

“Commercial customers can opt for Windows 10 Pro which brings essential business security features to protect devices and infrastructure from modern threats,” said Microsoft. (IANS)