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Several Indian banks offer loans for marriage. Marriage loan is available for meeting the expenses of marriage of daughter, son dependent sister, dependent brother, working woman, and self-marriage of man.
Maximum marriage loan amount that can be sanctioned varies from bank to bank. Generally, it is twice the net annual income ((maximum limit of Rs. 2 or 3 lakhs, varying from bank to bank).
For the loan to be disbursed the bride and the groom should not be less than 18 years and 21 years of age respectively and the age of the applicant should not exceed 60 years.
