HDFC Gold Loan

Below listed are the unique features of HDFC Bank Gold Loan-

1. Low-Interest Rates: HDFC Gold Loan Interest Rates start from 9.90%.

2. Low Processing Fee: HDFC charges a low processing fee of 1.5% + GST.

3. Flexible Tenure: Flexible tenure ranging from 3 to 24 months.

4. Loan Offering: Term Loan, OD and Bullet repayment available.

5. Easy Repayment: Repay only the interest on the loan every month. Monthly outflow as low as Rs.1,000 per lakh (based on an indicative rate of 12% p.a.).

6. Maximum Permissible Value: You can get up to 80% of the market value of your gold as a loan.

7. Processing: Fastest Turnaround. Pay no hidden charges and experience a completely transparent process

8. Simple Documentation: Simple documentation and speedy disbursals.

9. Easy Payment Schedule: Payments can be done on a daily, weekly or monthly basis.

10. Safe & Insured: The collateral for the loan (that is, your gold) is stored under a unique triple-layered security.

Interest Rates offered to Customers-

Annual Percentage Rate offered to Customers-

Note: GST and other Government taxes, levies etc. applicable as per prevailing rate will be charged. Loan Approval and Rate of Interest at the sole discretion of the bank.

Using our Gold Loan EMI Calculator, you can check the amount of EMI you will have to pay every month on your gold loan. Follow the below listed steps-

• Click here to go to EMI Calculator
• Enter the preferred loan amount, interest rate and loan tenure
• After filling the details, you will be able to see the EMI amount on the right side of the screen

The online calculator can help you find out how much EMI you would need to pay for the borrowed loan amount. With the use of this EMI calculator, you can try different interest rates and tenure permutations and combinations offered by different banks to grab the best available option.

Alternatively, you can click here to visit the HDFC Bank gold loan EMI calculator and follow the below mentioned steps-

• After visiting the page, enter the amount you need and the rate of interest

• Click on “Calculate”
• The amount you will have to pay every month will be displayed on the screen 

Eligibility Criteria-

Note: Loan to be granted for agricultural /business /personal purposes only. Loan cannot be availed for purchase of gold coins, jewels or jewellery, land or any speculative purposes. Loan approval is at sole discretion of the bank.

Documents Required-

Given below is the list of documents out of which any one is required to be submitted. 

Steps to apply for HDFC Bank Gold Loan via Paisabazaar-

Step 1- Click here to visit the gold loan application page.

Step 2- Verify the required details to start the application.

Step 3- After verification select HDFC Bank as your preferred partner.

Step 4- The eligible loan amount, tenure and applicable rate of interest will be displayed on the screen.

Step 5- Proceed with the application and submit the form.

After this, one of our executives will call you to set the preferred time for branch visit. You will have to visit the said branch with your gold jewellery to get it valued. Once your gold jewellery is valued, the loan will be sanctioned soon.

Steps to apply for HDFC Bank Gold Loan via HDFC Bank Website-

Step 1- Visit the official website of HDFC bank. On the right side, under ‘What are you looking for’, select ‘Loans.

Step 2- Select ‘Gold Loan’ from the drop down menu and click on ‘Apply Online’.

Step 3- On the next page, fill up the form by entering the required details and click on ‘Submit’.

Step 4- After submitting your application, a representative from HDFC bank will contact you.

Step 5- Your loan application form will be collected and on the basis of documents you have provided, your loan eligibility will be determined.

You will be required to visit the nearest gold loan branch to get your gold appraised.

Follow the below mentioned steps to repay your gold loan-

Step 1- Visit the official website of HDFC Bank. From the header click on ‘Pay’ and select ‘Loan repayment’ option.

Step 2- Then, click on the ‘Pay Online’ option.

Step 3- Click on ‘I agree’ and then click on ‘Pay’ to proceed further.

Step 4- On the next page, enter your 8 digit loan account number and date of birth and click on ‘Proceed’.

Step 5- Make your overdue payments from your netbanking account.

Step 6- You will get the online receipt and SMS confirmation after successful transaction.