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What You Need to Know about HDFC Gold Loan Interest Rates

HDFC Gold Loan

Are you trying to get a quick and easy loan option? Choose HDFC Bank Gold Loan! Use the value of your gold to meet your financial needs, whether they are for a home, a car, a business development, for study purposes, or anything else. A secured loan that the borrower receives from the lender in exchange for pledging certain gold pieces as security is referred to as a gold loan, sometimes known as a loan against gold. For the length of the loan, the bank will use your gold as collateral. The bank will accept gold with a carat weight between 18 and 24.

HDFC offers affordable interest rates on gold loans, with rates starting at 9.50% per annum. The interest rate you receive is customised according to you, taking into account criteria such as loan amount, term, and the purity of the gold you promise. This ensures a personalised and equitable borrowing experience. When applying for an HDFC gold loan, you must provide certain required papers. This usually includes identification verification, proof of address, and papers proving your ownership of the gold documents being pledged.

Features & Benefits of HDFC Gold Loan

HDFC Bank offers several features and benefits with its gold loan product. Here are some of the key features and benefits of HDFC Gold Loan:

  • Loan Disbursement: HDFC Bank strives to deliver speedy loan disbursement, allowing customers to access funds as soon as possible. The loan money is disbursed swiftly when the gold is evaluated and the loan application is approved.
  • Loan Amount: The HDFC Gold Loan provides a high loan amount, ranging from Rs. 10,000 to Rs. 3.50 crores , based on the value and purity of the gold pledged. Borrowers can use this freedom to satisfy their financial demands.
  • Affordable Interest Rates:HDFC Bank's gold loans have competitive interest rates. Interest rates fluctuate due to a variety of reasons, but they are intended to be affordable and appealing to borrowers.
  • Tenure: HDFC gold loans have a variable payback period that ranges from 3 months to 48 months. Borrowers can select a payback period that best suits their financial situation and convenience.
  • Transparent Loan System: HDFC Bank uses a transparent loan processing system to ensure that consumers understand the loan terms, conditions, and associated expenses.
  • Gold security: Throughout the loan term, HDFC Bank takes great care to store and secure the promised gold ornaments or jewellery, giving borrowers peace of mind.

No Income Proof Is Needed: Because the HDFC Bank gold loan is secured by the gold collateral, no income documentation or credit history verification is necessary. This makes it available to a variety of people, including those who might not have a steady source of income or a good credit history.

  • Overdraft Facility: HDFC Bank provides customers with an overdraft facility on gold loans that enables them to withdraw money as needed up to the sanctioned limit. Only the amount that has been used is subject to interest, giving you more freedom and saving you money.

Eligibility Criteria for HDFC Gold Loan

  • 1.The gold jewellery that will be used as collateral for the loan must be owned by the applicant.
  • 2. The gold being pledged must meet the bank's requirements for both. Gold with a minimum purity of 18 carats is typically accepted by banks. Based on the purity and weight of the gold, the bank will determine its worth.
  • 3.The applicant must give the relevant documents, which may include proof of identity (Aadhaar card, PAN card, passport, voter ID, etc.), proof of address (Aadhaar card, utility bills, ration card, etc.), and proof of citizenship (Aadhaar card, PAN card, passport, voter ID, etc.).

HDFC Gold Loan Interest Rate & Processing Fees

HDFC Bank Gold Loan comes with competitive interest rates on Term Loan, Overdraft and EMI based loan. Repay your loan in easy lower EMIs, over a tenor of your choice. HDFC Bank may charge a processing fee for gold loan applications. The processing fee is typically a percentage of the loan amount with processing fees as low as 1% and foreclosure charges as low as 1% plus GST.


When choosing the best loan Consider variables including interest rates, loan amount, loan term, processing fees, and other costs while deciding on the best gold loan choice. To discover the best terms, compare these features that various lenders are offering. Read client reviews, investigate the banks standing, and rate their customer support, too. You may make an informed decision and select the finest alternative for your gold loan with the aid of this thorough evaluation.

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