Interest Rate & Loan Details

• Interest Rate: Competitive rates on Term Loan, Overdraft, and EMI-based loans.
• Loan Amount:
  • Minimum: 10,000
  • Maximum: Based on the value of the pledged gold.
• Loan Tenure: Flexible tenure options available.
• Processing Fee: Applicable as per bank’s policy.
• Pre-closure Charges: 1% + GST if closed within 6 months of loan sanction.
• Loan-to-Value (LTV) Ratio: Up to 75% of the gold’s market value.

Purpose of Gold Loan

• Personal expenses
• Business needs
• Agricultural investments
• Medical emergencies
• Educational expenses

Eligibility Criteria

• Age: Between 18 and 75 years.
• Profession: Salaried, self-employed, businessman, trader, or farmer.
• Ownership: Individuals who own gold jewellery.
• KYC Compliance: Valid KYC documents required.

Documents Required

• Application Form: Duly filled and signed.
• Photographs: Two recent passport-size photos.
• Identity Proof (Any one):
  • Aadhaar Card
  • PAN Card
  • Passport
  • Voter ID
  • Driving License
• Address Proof (Any one):
  • Aadhaar Card
  • Utility Bills
  • Ration Card
  • Lease Agreement

Repayment Options

• Bullet Repayment: Principal and interest payable at the end of the loan tenure.
• EMI Option: Equated Monthly Installments over the loan tenure.
• Overdraft Facility: Flexible withdrawals and repayments within the sanctioned limit.

Charges & Fees

• Processing Fee: Applicable as per bank’s policy.
• Gold Appraiser Charges: Borne by the applicant.

Key Considerations Before Applying

• Gold Quality: Loans are based on the purity and net weight of the gold.
• Loan Terms: Review the loan agreement carefully before signing.
• Gold Security: Non-repayment may lead to forfeiture of the pledged gold.

Benefits of HDFC Bank Gold Loan

• Quick Loan Approval: Loan disbursal within 45 minutes.
• Attractive Interest Rates: Competitive rates on various loan types.
• High Loan Value: Loan up to 75% of the gold’s market value.
• Flexible Repayment: Options for bullet repayment, EMI, or overdraft facility.
• No Guarantor Required: The pledged gold itself serves as collateral.

Contact HDFC Bank

• Customer Care: Please visit the official website for contact details.
• Email: Please visit the official website for contact details.
• Official Website: HDFC Bank Gold Loan