Indian Wedding Costs to Bear When Planning the Wedding of Your Dreams

When it comes to planning a dream wedding, one of the most important aspects that couples need to consider is the budget. In India, weddings are not just an event but grand celebration that involves multiple ceremonies and rituals. As such, the cost of the wedding can easily surpass even the most extravagant budgets.

From elaborate decorations to sumptuous feasts and traditional attire to luxurious venues, Indian weddings involve diverse aspects that require careful planning and budgeting. And if you are aiming to have the glitz and glamour-filled functions straight out of your favourite lifestyle magazine and your imagination, there are personalized loans available to help you fund your dreams.

In this article, we will explore some of the essential costs associated with planning an Indian wedding and help you with an approximate idea of what you need to manage for the wedding of your dreams.

Overall Costs for Your Indian Wedding

• Venues and Number of Wedding Events

Whether you want to go fully traditional or are open to mixing different cultures with a hit of modernity and trend, there’s one thing that stays constant in an Indian wedding, and it’s the number of different events and the venues needed for carrying those. These venues are what cover a majority chunk of the wedding budget for a couple.

If you’re looking for something in your city or in the outskirts nearby, you can expect the venues to be around ₹5 Lakh to ₹10 Lakh. Banquets, hotels, and resorts may cost around ₹20 Lakh to ₹50 Lakh, with it exceeding the ₹50 Lakh mark for a lavish, high-end wedding. Based on the number of events being carried out in the venues, this wedding budget range may fluctuate.

• Wedding Decorations

Another major chunk of your wedding budget goes to the decorations. Depending on the size of your venue, the decorations may range between ₹70,000 to ₹30 Lakh. An average simple and elegant Indian wedding with no major high-end decoration can cost you around ₹1 Lakh to ₹2 Lakh.

• Pre-Wedding Outfits

Clothing and accessories are crucial elements of your Indian wedding. And this list does not only include the wedding outfit for both bride and groom, that’s a by-default expense to carry, but it also involves the entire pre-wedding event jazz. There are several ceremonies that will be held before the actual function, leaving you open to extending your budget far than the actual ceremony. Consider carrying the expenses of accessories, clothing, and makeup artists for other events as well.

• Catering

Food is what makes a wedding the most memorable one. And although you don’t have to worry much about separate catering services as it comes complimentary with the venue, it’s always preferable to keep in mind the several options you have by researching before going for one decided catering service. Explore all the options, skim through the reviews, and contact someone you know to get any reference from them.

• Accommodation and Transportation

Setting the guest accommodation right is extremely important, especially if you are having guests from different parts of the country or hosting a destination wedding. Overseeing their accommodations and transportation is extremely necessary and can expand a significant amount in your wedding budget.

Hosting guests at your place can be a budget-friendly idea, but it can enhance the already chaotic wedding house. Consider other options like hotels or Airbnb. Usually, this step covers almost 2% of your total budget.

Bottom Line

Planning an Indian wedding can be a daunting task, with all the necessary costs to bear in mind and the stress of looking and feeling great on the important day. It is essential to start breaking down all the expenses that might occur before and during the big day and make an accurate wedding budget for better financial planning.

From the venue to catering and décor, each aspect requires careful consideration and budgeting. While some may choose a lavish ceremony, others may choose to keep it simple yet elegant. Regardless of the choice, you should remember that an Indian wedding is a celebration of love and commitment that deserves to be cherished for a lifetime. Plan wisely to embark on this journey and make informed decisions that bring happiness and joy to you and your loved ones.

Author Bio:

Shiv Nanda is a financial analyst who currently lives in Bangalore (refusing to acknowledge the name change) and works with MoneyTap, India’s first app-based credit-line. Shiv is a true finance geek, and his friends love that. They always rely on him for advice on their investment choices, budgeting skills, personal financial matters and when they want to get a loan. He has made it his life’s mission to help and educate people on various financial topics, so email him your questions at shiv@freo.money