Host the Marriage of a Lifetime With Our Wedding Loan
Quick cash in 5 mins. Apply anytime, anywhere. Over a decade of experience.
What Does “Wedding Loan” Mean?
Wedding loans in Singapore are also known as marriage loans. Think of a marriage loan as a personal loan meant for your wedding costs. A marriage loan in Singapore breaks up large lump sums for your wedding (dinner banquet, photoshoots, etc.) into more affordable monthly repayments.
Knowing how expensive weddings can be, getting the much-needed financing can be helpful. Let a wedding loan help fund the upcoming big day, and host the best wedding celebration with your loved ones and friends.
Make your dream wedding a reality by securing enough financing with a wedding loan.
How Does a Wedding Loan in Singapore Come in Handy?
When you need extra financing, quick
After a wedding loan is approved, you can expect to receive the whole lump sum immediately. This ensures that you’re able to clinch any fantastic deal without putting the vendor on hold.
When you’re looking to spread the cost over time
A licensed money lender in Singapore provides the funds, so you don’t have to shoulder the costs of the entire wedding at one go. Flexible monthly repayments are right at your fingertips, so you can repay the sum comfortably over a period of your preference.
When you need to ease the financial burden of wedding costs
You and your partner may already be all occupied with planning the wedding, which makes settling the expenses even more stressful. Wedding loans in Singapore lift the burden of such costs, so you feel more at ease.
When you need to fund all kinds of wedding expenses
There are countless wedding expenses that a couple needs to pay off, and it’s not always possible to have a stack of cash in hand. A marriage loan can help to cover any wedding expenses, including decorations, photography and videography costs, wedding gowns and suits, and even a honeymoon.
Why Apply for a Wedding Loan With Us?
Apply whenever you wish to
Galaxy Credit is a licensed 24-hour money lender. This means you can apply for wedding loans and other financing options with us anytime online. If you have a Singpass ID, your wedding loan application will also become quicker.
But if you’re looking to apply in person, our operating hours are 11am to 730pm from Monday to Saturday.
We value convenience
Your convenience means the world to us — we wouldn’t want you to go out of your way to apply for a wedding loan in Singapore. As a money lender in Ang Mo Kio, we’re situated centrally within the area. It only takes a 4-minute walk from Ang Mo Kio MRT and it’s also easily accessible via bus, with over 10 bus services available.
Complete transparency in fees
Our wedding loan interest rates and fees are entirely transparent. We only charge up to 4% a month for wedding loans and other loan types. Other fees, such as loan processing fees, late repayment fees, and late interest rates will also be clearly communicated to you. Rest assured, they’ll always be within legal limits.
Personalised loan packages
We put your needs first — our experienced and dedicated loan consultant will take the time to address your enquiries and assess your financial circumstances. This allows us to understand how much you need, how long a loan tenure you should go for, and what interest rates we will pair with your loan.
This ensures that you can pay off the marriage loan comfortably without overstretching your budget, and in turn, improve your credit profile! We’ll only offer packages that meet your financial requirements, and we will never recommend a loan amount that exceeds your budget.
Loans for weddings are perfect for planning your big day the stress-free way as we work on financing the expenses.
FAQs About Wedding Loans in Singapore
How do I know if a wedding loan will help me?
Wedding loans in Singapore can assist you greatly if you find that you and your soon-to-be spouse’s savings fall short of the cost needed for your wedding. Loans for a wedding are also useful if you and your partner’s combined monthly income can comfortably repay the marriage loan’s regular instalment — you can use the extra funding from a wedding loan to hold your dream ceremony.
What’s the general costs of wedding expenses these days?
Weddings can be costly, depending on the number of guests, venue size, choice of banquet, and more. Here’s a breakdown of the estimated costs; you’ll understand why a wedding loan is necessary for many:
Wedding Banquet
~S$40,000
Wedding Photography
~S$3,500
Solemnisation
~S$3,000
Wedding Bands:
~S$4,000
Wedding Package
~S$4,500
Miscellaneous Costs
~S$2,000
The total cost? Approximately S$57,000. Furthermore, other costs are not listed, such as dowry and flower arrangements. This is why you should consider a loan for your wedding if you and your partner don’t have enough savings right off the bat.
What are the eligibility criteria for a wedding loan from Galaxy Credit?
For a marriage loan in Singapore, you need to meet the following criteria:
- Be a Singapore Citizen, Permanent Resident, or Foreigner legally employed in Singapore
- Be at least 18 years old
- Draw a stable income
- Have a residential address in Singapore, whether you’re renting a property or own one
What documents do I need for my wedding loan application?
To apply for your wedding loan, prepare the following documents:
Your NRIC
Foreigners Only: A valid employment pass or S Pass
Income proof (Past three months CPF contribution statements or payslips, most recent income tax bill, etc.)
Residential proof (Tenancy agreement, most utility/telco bill, etc.)
If you have a good credit score, submit your latest credit report as part of your wedding loan application, too.
I’m a Singapore Permanent Resident. Can I apply for a wedding loan in Singapore?
Yes, you can apply for a marriage loan if you’re a Singapore Permanent Resident. However, remember to provide the documents above for your marriage loan application. Do note these wedding loan limits that correspond to your annual income, too:
- S$3,000 if you earn up to S$19,999 a year
- Six times your monthly income if you earn at least S$20,000 annually
I’m a self-employed Singaporean. Can I apply for a wedding loan?
Yes, you can apply for marriage loans, too. All you need to do for your wedding loan application is prove that you’re drawing a stable income. Please submit the appropriate supporting documents for your wedding loan application, too, like your latest income tax Notice of Assessment.
What’s the maximum amount I can get for a wedding loan in Singapore?
As stated above, you can borrow up to the limit below for your wedding loan in Singapore:
| Annual Income | Singapore Citizen/Permanent Resident | Foreigner |
| Below S$10,000 | S$3,000 | S$500 |
| S$10,000 – S$19,999 | S$3,000 | S$3,000 |
| S$20,000 and up | Six times your monthly income | Six times your monthly income |
What’s the wedding loan application process like for Galaxy Credit?
Taking up a wedding loan at Galaxy Credit only requires three steps:
Apply for the wedding loan online with your supporting documents.
Get updated on your wedding loan application status in just 20-30 minutes.
Head over to our office, sign the marriage loan offer, and retrieve your cash in hand or through PayNow.
Does Galaxy Credit charge a processing fee for wedding loans?
For wedding loans, the maximum processing fee Galaxy Credit will charge is 10% of the loan’s principal amount. We will never levy more than this for wedding loans in Singapore.
What interest rate can I expect from Galaxy Credit for my wedding loan?
For a wedding loan in Singapore, we charge a monthly interest rate of up to 4%. This is the absolute maximum for wedding loans and other loan types.