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 a marriage loan. Think of a marriage loan as a personal loan meant for your wedding costs. As mentioned above, 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 our loved ones and friends.

Make your dream wedding a reality by securing enough financing with a wedding loan.

General costs of wedding expenses these days

Weddings can be costly, depending on the number of guests, venue size, choice of banquet, and many more. Check out this breakdown of the estimated costs and you’ll understand why a wedding loan comes in handy:

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, there are other costs not listed, such as the 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 on hand.

How does a wedding loan in Singapore come in handy?

When you need extra financing, quick	When you’re looking to spread the cost over time	When you need to ease the financial burden of wedding costs	When you need to fund all kinds of wedding expenses
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.	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.	You and your partner may already be all occupied with planning the wedding, which makes settling the expenses even more stressful and worrying. Wedding loans in Singapore lift the burden of such costs so you feel at ease.	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 pay off any wedding expenses, from decorations, photography and videography costs, wedding gowns and suits, to even a honeymoon.

Why apply for a wedding loan with us?

1. 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 also becomes quicker.

But if you’re looking to apply in-person, our operating hours are from 11am to 730pm.

2. 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.

3. Completely transparency in fees

Our wedding loan interest rates are completely transparent. We only charge up to 4% a month for wedding loans and other loan types. This applies to all our loan consultations too, we only offer packages that meet your financial requirements, and will never recommend a loan amount that exceeds your budget.

4. Personalised loan packages

We put your needs first — our experienced and dedicated loan consultant will take the time to listen to your enquiries and assess your financial circumstances. This allows us to understand how much you need, how long of a loan tenure you should go for, and what interest rates we will pair with your loan. This ensures that you pay off the marriage loan comfortably without overstretching your budget, in turn, improving your credit score even!

Loans for weddings are perfect for planning your wedding with ease as we work on financing the expenses.

All you need to know about wedding loans in Singapore (FAQs)

Q1. How do I know if a wedding loan will help me?

Wedding loans in Singapore assist you greatly if you find that you and your spouse’s savings fall short of the cost needed for your wedding. Loans for a wedding are even more useful if you and your spouse’s combined monthly income can comfortably repay the marriage loan’s regular instalment. Use the extra funding from a wedding loan to hold your dream ceremony.

Q2. What’s 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 21 years old
Draw a stable income
Have a residential address in Singapore, whether you’re renting a property or own one

Q3. What documents do I need for my wedding loan application?

To apply for your wedding loan, prepare the following documents:

Your NRIC or passport
Foreigners Only: A valid employment pass, S Pass, or signed employment contract
Income proof (Past three months’ 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.

Q4. 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

Q5. I’m a self-employed Singapore Citizen. 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 income tax’s latest Notice of Assessment.

Q6. 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

Q7. What’s the wedding loan application process like for Galaxy Credit?

Taking up a wedding loan at Galaxy Credit only requires six 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.

Q8. 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.

Q9. What’s the interest rate I can 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.