हिंदी में पढ़े
HDFC Bank has not disclosed the interest rates offered to its gold loan applicants opting for term loan facility. However, being a secured loan, the interest rates for the HDFC Bank Gold loan should be lower than HDFC Bank Personal Loan interest rates or other unsecured loan facilities offered by the bank. The HDFC Bank Gold Loan interest rates set for the applicants would most likely depend on their credit profile. As the APR of HDFC Bank Gold loan for the April-June Quarter 2022 ranged between 7.6-16.81%, applicants having good credit profile should also compare the HDFC Bank Personal Loan features and personal loan interest rates offered by the top lenders before making the final gold loan application.
HDFC Bank Gold Loan Interest Rate |
|
| Interest Rate | For Term Loan: Interest rate offered on the basis of the applicant’s credit profile
For Overdraft (TOD)- 18% p.a. |
| Processing Fees | 1% of disbursal amount |
| Loan Tenure | From 3 months up to 24 months |
| Gold Loan Scheme | Term Loan, OD and Bullet repayment |
| Loan Amount | Loans starting at Rs.25,000 (Minimum loan amount of Rs.10,000 available in rural markets) |
HDFC Bank Gold Loan Interest Rate
| Loan Type | Interest Rate |
| Term Loan | Offered depending on the credit profile of the applicant |
| Overdraft (TOD charges) | 18% p.a. |
Gold Loan EMI Calculator
You can easily calculate your EMI amount against your loan by using Paisabazaar’s gold loan EMI calculator. Follow the below listed steps:
- Step 1- Visit Gold Loan EMI Calculator page
- Step 2- You will be required to enter the loan amount, interest rate and tenure
After entering the details, the EMI amount that is required to be paid will be displayed on the right side of the screen.
The online calculator featured on Paisabazaar can further help you find out how much EMI you would need to pay for the borrowed loan amount. It allows you to try out different options to find the Gold loan that is suitable for your requirement.
HDFC Bank Gold Loan Interest Rate- Fees & Charges
| Loan Processing Charges | 1% of disbursal amount |
| Valuation Fee | Rs 250 +applicable tax up to 1.5 lacs per packet per loan
Rs 575 +applicable tax above 1.5 lacs per packet per loan |
| Foreclosure/ Prepayment charges | 1% + applicable tax |
| Stamp Duty & other statutory charges | At Actual |
| Renewal Processing Fees | Rs 350 + applicable tax |
| Auction charge | As per actual |
| Bounce charges | Rs 200 + GST |
| Legal and collection chages | At actuals |
| CIBIL Report copy charges | Rs 50 |
| Default Interest/Penalty | 2% additional levy over existing Rate of Interest from the date of maturity till loan account is regularized/closed. |
HDFC Bank Gold Loan Interest Rate- Eligibility & Documentation
Eligibility Criteria
- The applicant should be Indian resident between the age 18 and 75 years
- Applicant should be a businessman, farmer, trader, salaried or self-employed individual
Documents Required
Following is the list of documents out of which any one is required to be submitted.
| List of Documents |
|
HDFC Bank Gold Loan Customer Complaint Cell Details
Grievance Redressal Cell for Gold Loan Customers
| Call | Monday to Saturday |
| 1800 266 4060 | 9:30am to 5:30pm |
Note: This facility is not available on Bank Holidays, Sundays, and 2nd & 4th Saturdays