Cost Implications of a typical Indian Wedding!

Posted by Trishya Sharma on November 20th, 2019

Marriage has become the moment in an individual's life.  It's an auspicious event where two families and a couple unite through traditional ceremonies.  Every culture and every faith, there are distinct rituals and customs when it comes to weddings.  The events pertaining to the wedding could last several days, depending on the region, religion, caste, desire, and spending capacity.  Every wedding, however big or small includes a cost.  Every parent starts saving for their kids' wedding.  There are several events and variables involved in calculating the cost of a marriage.

Cost considerations:

1. Average Wedding Venue Cost

The wedding site takes a significant share of their budget up, therefore it's particularly important to finalize the place.  Based on your finances, you can pick.  You wish a destination wedding your budget will likely be different dependent on.  Popular Indian wedding destinations include Kovalam, Jaipur, Jodhpur, Udaipur, Goa and Alleppey.  A good deal of consideration and preparation should go into the choice. If you are getting married in your home town, then

2.        Wedding Catering Cost

It is believed that individuals remember your wedding day based on how tasty the food was.  Compromising on your food budget is not a fantastic idea.  Another option is to employ cooks instead of caterers in case your venues permit.  You need to choose the dishes or the cuisines that you need on the menu once you zero in on the caterer.  Figure out the number of meals and combinations offered by the caterer for the best utilization of finances and your choice of the menu.  It's highly advisable not to undermine quality.  Opting for global cuisine could take your plate from Rs 600-800's price to anywhere between Rs 1800-2000.

Most resort banquets quote. 

Photography of an average Indian wedding:

This is an especially significant part the wedding since it captures the memories of this start and will be lifelong.  Nowadays there are several sorts of photography accessible.  You need to decide whether you need candid photography, traditional photography, videography hardcore pictures, or drone photography you have the option of getting a pre wedding shoot.

Wedding outfits, jewellery & trousseau:

Jewellery, Bridal outfits and related depend about the amount and kind of item you pick up.  A factor is in which the price forecast might not be due to changes in prices that are gold involved.  You may attempt leasing jewellery rather than buying it.  You might attempt to purchase a few gold when prices are reduced and swap it during the event. By redesigning them recycling your clothing is just another method that's currently gaining popularity.

Can we manage these expenses through Wedding Loans?

Wedding loans are available in India from banks as well as digital lenders. Some of the digital NBFCs offer interest bases payment for wedding loan that helps reduce monthly cash outflow of the borrower. One can get up 10 lakhs of wedding loan up to 24 months It is important to calculate your expenses beforehand before taking any marriage loan and not go overboard because you are getting additional finances.