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What collateral is required for a marriage loan?

Collateral is usually not required for marriage loans. These loans are typically unsecured, meaning you do not have to give something of value to the lender as a guarantee.
However, in some special cases, lenders might ask for collateral, if:

  • The loan amount is very big.
  • Your credit history is not good.

It is important to check with the lender directly if they need collateral for a marriage loan and why. If they do require collateral, you can discuss with them about what kind of assets they might accept. These could include:

  • Real estate: Properties such as homes, apartments, or land.
  • Investments: Stocks, bonds, or other financial instruments."