Wedding Loan Singapore

Your marriage loan amount will depend on various factors, including your income and credit history. 

We need this information to determine the most suitable marriage loan limit and repayment plan for you. A wedding loan is a great solution to supplement your budget for the big day, but it’s still a significant commitment as you embark on your new life. 

Depending on your overall eligibility, licensed moneylenders can offer you a maximum loan of up to six times your monthly income. This can help with financing wedding costs, including catering, photography, makeup and even your honeymoon. 

At Quick Loan, you’ll also enjoy low interest rates and flexibility in your repayment plan. Talk to us to learn more about how a wedding loan can help you today.

You should save based on your financial circumstances, short- and long-term life goals, and personal vision for the ideal wedding celebration. 

As you start a new life together, financial obligations can begin piling up as you foot the bill for wedding expenses in addition to purchasing a new home and other needs. 

With an average wedding in Singapore costing between an estimated SGD30,000 to SGD50,000, we recommend having the same amount in savings before you get married. 

We also offer loan services to support you in your life as newlyweds. You can get a home renovation loan with us to realise your dream house or apply for an investment loan to start building your wealth together.  

At Quick Loan, we require you to be at least 18 years old and have a monthly income of SGD1,800. We welcome Singaporean, PR and foreign applicants.

You must provide us with your NRIC, SingPass, payslips, bank token and proof of residency. 

Foreign applicants should present a valid work permit, Employment Pass or S Pass, as well as employment contract and staff card. We also require your passport, proof of residency, bank token and payslips. 

Additionally, we advise you to have a clear idea of your wedding budget and repayment plan. This is to ensure that you only borrow what you need, with monthly payments that are affordable for your situation.

A wedding loan, also known as a marriage loan, is a form of personal loan you can take to fund your wedding costs. 

You can use a marriage loan to finance wedding-related expenses ranging from catering to venue, dresses, dowry and gifts, videography and more. 

Cash from standard personal loans in Singapore can be used at your discretion, while a wedding loan is intended to finance a specific range of products and services. 

You can consider a standard personal loan with us as an alternative option to secure cash for any wedding costs.

As a licensed moneylender in Singapore, we offer low interest rates and a flexible, tailored repayment plan to help ease your financial needs.

Yes, both the bride and groom can apply for a joint wedding loan in Singapore. Joint applications can be beneficial as they combine the incomes and credit profiles of both individuals, potentially increasing the loan amount they can qualify for. Additionally, having two applicants can sometimes lead to better interest rates and terms, especially if one applicant has a stronger credit score or a higher income than the other. Financial institutions may see the combined application as less risky, which can result in more favorable loan conditions.

However, it is essential to consider the responsibilities and commitments that come with a joint loan. Both parties are equally liable for the repayment, meaning that if one person fails to meet their obligation, the other must cover the shortfall. It’s crucial to have open and honest discussions about financial situations and repayment plans before applying for a joint wedding loan.

Here at Quick Loan, we understand that speed is essential for such a special day and payments need to be made with various vendors to ensure that your wedding goes smoothly.

We offer instant loan approvals in just 20 minutes, where you will be able to receive funds for your wedding immediately after it has been approved, so that you may enjoy the financial flexibility of planning for your special occasion.

Yes! Should you find yourself ready to clear your wedding loan with us, Quick Loan offers early full settlement without any charges. Once you are ready to repay your wedding loan, simply give us a call or drop us a WhatsApp message for our team to send you the final amount remaining.

Yes, we understand that weddings are a once-in-a-lifetime event for many people. Hence, you can still apply for a wedding loan with us at Quick Loan, despite your existing loans or credit score.

We will try to help any interested borrowers to the best of our abilities, and ensure that we reach a mutually beneficially loan package between us and you, so that you may carry out your special day with a peace of mind.