8 hrs ago
Man Questions Rs 50 Lakh Wedding Loan Amid Family Pressure
A 27-year-old man wants to marry his fiancée after a long struggle.
His parents want a very large wedding with about 1,500 guests.
They estimate it would cost around Rs 50 lakh, including a car.
They suggested he borrow Rs 45 lakh if they cannot sell some land.
The family already has land connected to bank loans, and the father reportedly has about Rs 50 lakh in debt.
The fiancée’s family is willing to have a simpler wedding costing about Rs 15 lakh.
The man’s parents want a big celebration partly because it would be the family’s first grand wedding and because the marriage is intercaste.
People online advised him not to borrow so much money for a celebration that lasts only a short time.
A 27-year-old man said his parents want a grand wedding for 1,500 guests costing about Rs 50 lakh.
His family suggested he take a Rs 45 lakh personal loan if his father cannot sell land tied to existing bank loans.
The man said his father already has approximately Rs 50 lakh in debt.
His fiancée’s family offered to host a simpler wedding costing around Rs 15 lakh.
Social media users urged him to avoid debt and hold a smaller celebration.
- Who
- A 27-year-old man, his parents, and his fiancée’s family are involved.
- What
- The man is deciding whether to take a Rs 45 lakh loan for a wedding estimated to cost Rs 50 lakh.
- Where
- The proposed grand wedding would involve the families in India; the fiancée’s family offered to host a simpler wedding at their place.
- When
- The decision is being discussed before the planned wedding; the articles do not provide a specific date.
- Why
- The parents want a large celebration for 1,500 guests, while the man is concerned about taking on major debt.
Grand Wedding
Simple, Affordable Wedding
Wedding scale
Grand Wedding
The parents want a lavish celebration for about 1,500 guests, saying no one in the family has previously had a grand wedding and that the intercaste marriage should be celebrated in a big way.
Simple, Affordable Wedding
The man and his fiancée’s family favor a simpler ceremony, with her family offering to host one costing around Rs 15 lakh.
Borrowing money
Grand Wedding
The parents suggested the man take a Rs 45 lakh personal loan if family land cannot be sold, and said he should wait two years if he cannot afford the wedding now.
Simple, Affordable Wedding
Social media users strongly advised against taking on large debt for a short celebration, warning that the loan could affect his finances and freedom for many years.
Key facts
- Man’s age
- 27
- Estimated wedding cost
- Around Rs 50 lakh
- Proposed personal loan
- Rs 45 lakh
- Expected guests
- Approximately 1,500
- Father’s existing debt
- Approximately Rs 50 lakh
- Simpler wedding estimate
- Around Rs 15 lakh
- Additional purchase
- A car costing under Rs 10 lakh was included in the broader spending estimate
Quotes
The 27-year-old man
A 27-year-old man seeking advice about his proposed love marriage
“Your wedding, trust me, no matter how planned and fancy, will be over in 24 to 48 hours, and your loans will last and choke your freedom for 10/20 years! Please convince your fam and have a smaller function. Taking on debt to “show people” you are rich when ur not rich is the best way to get poor fast.”
NDTV
“The estimated cost is around Rs 50 lakhs for the wedding, including buying a car costing under Rs 10 lakhs around the same time. The problem is funding.”
NDTV
Sources
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