Should you fund your wedding with a loan?

economictimes.indiatimes.com:

Surbhi should have a fair estimate of her expenses first. She should also ensure that she would be able to use her income even after her marriage, in a manner that she decides. If it is expected that she should contribute to the new household’s expenses soon after her marriage, she may find it tough to repay her loans as well as keep up her savings. If she and her husband decide to buy a house in their joint names after their marriage, Surbhi’s existing loans may reduce her ability to take on more loans. While it is tough to estimate everything accurately in advance, she should try and ascertain how her financial life is likely to be after her marriage.
Surbhi must check if her employer bank is willing to offer her a loan against her existing assets. Loan against a deposit is cheaper than a personal loan, since the former is a secured loan, while the latter is unsecured. She can take a loan against her other investments too, from her bank, at better rates than a personal loan. The advantage here would be that her assets are in tact, while the repayment in EMI is similar to what she would have done with a personal loan.

Surbhi should also assess how taking out a loan will affect her ability to continue saving from her income, a practice she wishes to maintain even after getting married. This will help her plan her repayment strategy effectively. Investments in SIPs, RDs, or specific contributions to PPF can all be set up to run for a long period of time, so that she is able to generate the surplus to continue her