Wedding Loans in Singapore
Finance Your Wedding with the Lowest Loan Rates — Matched Privately by AI
Planning a wedding in Singapore often means large upfront costs — venue deposits, banquet payments, gowns, photography, or even overseas ceremonies.
A wedding loan helps you spread these expenses over time with fixed monthly repayments, without touching your savings or overloading credit cards.
PickMeALoan compares banks and licensed lenders instantly to find you the lowest wedding loan rates, matched by AI and shared privately — no spam, no pressure.
Wedding Loans – Key Facts at a Glance
| Key Factor | Typical Range |
|---|---|
| Loan Amount | $2000 – $100,000 |
| Interest (Flat) | 1.88% – 4% monthly |
| EIR | Varies by tenure & calculation |
| Tenure | 1 – 24 months |
| Approval Speed | Minutes to Same day |
| Minimum Income | $1,500 |
How to Get a Wedding Loan in Singapore (Step-By-Step)
The standard process used by wedding loan providers:
Submit your wedding loan details
Borrowers typically provide income information, identification, and the loan amount they need.
This helps lenders understand your affordability and check your MLCB (Maximum Loan Cap).
Wedding loan providers check eligibility
Wedding loan providers evaluate:
Monthly income
Existing unsecured debt (MLCB)
Credit history (if applicable)
Employment stability
Urgency & loan purpose
You receive loan offers & proceed with verification
If approved, wedding loan providers provide a loan amount, interest rate, tenure, and total cost.
Borrowers then submit supporting documents for final verification.
When Should You Consider a Wedding Loan:
- Wedding banquet and venue deposits
- Bridal gowns, suits, and rings
- Photography, videography, and décor
- Overseas or destination weddings
- Pre-wedding shoots and celebrations
Why Borrowers Prefer PickMeALoan Instead:
- Compare multiple lenders at once
- Lowest Rates Guaranteed
- Instant pre-checks without affecting credit score
- See your estimated rates and loan amounts upfront
- Offers delivered discreetly via WhatsApp
List of Wedding Loan Providers in Singapore (2026)
Updated with the latest publicly available wedding loan provider benchmarks.
| Lender Type | Typical Interest Rate | Max. Loan Amount | Approval Speed | Notes |
|---|---|---|---|---|
| Wedding Loan Providers | ~4.0% monthly | 6 times monthly income | Same day | More flexible, faster approval |
| Lendela | ~3.0% – 4.0% monthly | 6 times monthly income | Same day | One application → multiple options |
| LendingPot | ~3.0% – 4.0% monthly | 6 times monthly income | Same day | One application → multiple lenders |
| Roshi | ~3.0% – 4.0% monthly | 6 times monthly income | Same day | Compares bank + moneylender options |
| PickMeALoan | ~1.0% – 3.0% monthly | 6 times monthly income | Minutes | Lowest rates • AI-powered matching • Discreet & private • PDPA-compliant |
Disclaimer: Actual rates depend on income, credit profile, existing loans, and wedding loan provider risk policies.
Popular Wedding Loan Options in Singapore
We reviewed a wide range of wedding loan options available in Singapore and identified choices that stand out for approval speed, transparency, and borrower suitability.
These options are evaluated based on interest rates, fees, loan amounts, repayment flexibility, approval speed, and overall borrower experience helping you compare quickly and confidently.
PickMeALoan Wedding Loan Offers
1.88%
Monthly Interest Rate
24 Months
Loan Tenure (Up To)
$100,000
Loan Amount (Up To)
PickMeALoan offers wedding loans options with competitive rates ranging from 1.88% monthly, flexible loan tenures of up to 24 months, and loan amounts of up to $100,000 or more. Our system compares multiple wedding loan providers instantly to match you with the best available offer based on your income, MLCB usage and repayment profile.
With AI-powered matching, price-matching guarantees, and discreet processing, PickMeALoan simplifies the loan application process while ensuring borrowers receive the most affordable and suitable loan options available.
DBS Personal Loan
1.48%
Annual Interest Rate
$10,439
Total Repayment
$438
Monthly Repayment
DBS Personal Loan offers one of the most attractive bank rates in Singapore, with interest starting from 1.48% p.a. and an EIR from 2.84% p.a. Borrowers can choose flexible loan tenures ranging from 6 months to 5 years, with funds disbursed directly into their DBS/POSB account upon approval.
Applications are open to Singapore Citizens and Permanent Residents aged 21 and above, with a minimum annual income of $20,000. DBS accepts salaried workers, variable income earners, and the self-employed, making it a suitable option for a wide range of borrowers. Using Singpass MyInfo speeds up verification and helps applicants secure faster approval.
Borrowers can receive up to 4× their monthly salary if they earn below $120,000 annually, or up to 10× if they earn more. This makes DBS an excellent option for those needing higher financing limits.
Do note that DBS charges an annual processing fee of $199, which is deducted upfront from the approved loan amount. Early or late repayment fees may also apply, so it’s important to review all terms before committing.
Trust Bank Instant Loan
1.56%
Annual Interest Rate
$10,505
Total Repayment
$291.81
Monthly Repayment
Trust Bank Instant Loan is one of the fastest personal loan options in Singapore, offering approvals and disbursement in as little as 60 seconds. With interest rates starting from 1.56% p.a. and an EIR from 3.00% p.a., it is one of the most affordable digital loan products currently available. There are no processing fees and borrowers can choose repayment terms from 3 to 60 months.
The loan is open to Singapore Citizens and Permanent Residents aged 21 and above, with a minimum annual income of $30,000. Trust accepts salaried and commission-based workers, self-employed individuals, and variable-income earners. Applications are done fully through the Trust mobile app, allowing borrowers to apply, verify income, and receive funds quickly.
Because Trust does not charge processing fees, the overall cost of borrowing is lower compared to many traditional bank loans. However, interest rates may vary depending on your credit profile and income stability, so your actual approved rate may differ from the advertised benchmark.
Trust Bank is part of the SDIC Deposit Insurance Scheme, meaning eligible deposits are insured up to $100,000 per depositor per bank.
How to Compare Wedding Loans in Singapore
Comparing wedding loans isn’t just about finding the fastest approvals. In Singapore, factors like EIR, fees, tenure, MLCB limits and approval likelihood dramatically affect what you’ll actually pay. Here’s what to check before choosing a wedding loan provider and how PickMeALoan simplifies it instantly.
Check the Effective Interest Rate (EIR), Not Just the Monthly Rate
The monthly interest rate doesn’t show the true cost of your loan. EIR includes fees and compounding giving you the real cost comparison across wedding loan providers.
Include All Processing & Admin Fees
A loan with a low advertised rate may still cost more once fees are included. Always compare total cost, not just the interest. Our platform calculates this for you.
Understand Your MLCB (Maximum Loan Cap)
Under MAS rules, you can only borrow up to 6× of your monthly income across all unsecured loans. Your current MLCB affects the maximum loan amount you can get.
Compare Tenure vs. Monthly Installment
Longer tenures reduce monthly payments but increase total interest paid. Shorter tenures cost more each month but save money overall, we show both options clearly.
Consider Approval Likelihood for Your Profile
Banks, wedding loan providers, and alternatives assess income, credit history, pass type, and existing debt differently. PickMeALoan ranks wedding loan providers by your actual approval probability.
Don't Overlook Speed of Disbursement
Some wedding loan providers take days; others approve within hours. If you need funds urgently, sorting by fastest approval can matter more than a 0.1% rate difference.
How to Apply for a Wedding Loan with PickMeALoan (Fast & Simple)
Tell us what you need
Securely connect with Singpass or answer three quick questions about your loan request.
Our AI system analyses your profile privately to understand your eligibility.
Instant Loan Matches
Our AI-managed system instantly identifies the best fast cash provider for your profile.
lowest eligible interest rate
longest possible tenure
highest realistic loan amount
Review & Proceed Privately
We’ll send your personalised offers directly via WhatsApp.
Choose the option that suits you best — no pressure, no calls, no judgement.
We coordinate the final steps, and many providers offer same-day disbursement once verification is complete.
No need to return to the site — everything continues seamlessly through WhatsApp.
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What our customers are saying..
Testimonials from our satisfied clients.
Types of Personal Loans
Frequently Asked Questions
Clear answers to help you secure the best wedding loan offers in Singapore.
Can I use a wedding loan for an overseas wedding?
Yes. Wedding loans can be used for both local and overseas wedding expenses, including travel-related costs.
Is a wedding loan better than using credit cards?
In most cases, yes. Wedding loans usually have lower interest rates and fixed monthly repayments, whereas credit cards charge higher interest if balances are not paid in full.
Can couples apply jointly for a wedding loan?
Most wedding loans in Singapore are approved under a single applicant. However, lenders may consider household income indirectly when assessing eligibility.
Will taking a wedding loan affect my home loan eligibility?
Yes. Wedding loans count toward your unsecured debt and may reduce your borrowing capacity when applying for a home loan.
How fast can I get a wedding loan approved?
Approval can be as fast as minutes or take a few working days, depending on the lender, your profile, and document verification.
Skip the Hard Work! We Match You Instantly.
Tell us what you need and we’ll negotiate the best loan options on your behalf in minutes.
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