Life is full of uncertainties, you may need money sometimes that is beyond your savings. In this case, you can get a gold loan to fight with the financial crisis. HDFC Gold loan is one of the best gold loans in India. It comes with so many facilities and special features. This is also known as a loan against the gold. You can make the use of your gold in your bad time, and overcome the financial problems. There are so many financial banking and non-banking companies that provide you with a gold loan but HDFC gold loan is considered best. HDFC Bank is one of the reputed and reliable banks in India. It is known for its brilliant financial services. The bank is founded in 1994. besides this bank has a wider range of the network.

Eligibility Required for HDFC Gold Loan

  1. The age of the applicant should be more than 21.
  2. He/she should be a citizen of India.
  3. Applicant should have a minimum of 10 grams of gold to get a gold loan.

HDFC Gold Loan Interest Rate

HDFC bank provides a gold loan at very rational interest rates. HDFC Gold Loan Interest Rate is 11% per annum and onwards.

Repayment period is from 6 months to 4 years. It means that you can return your loan within 6 months to 4 years.

What is a Gold Loan?

Gold loan is also known as a loan against gold. In this loan, you pledge your gold to the bank as security and bank provides you loan amount according to the quantity and the quality of your gold. The pledged gold will be kept in the bank lockers and the bank is liable for the security of your gold. The moment you return your loan amount with interest rate you will get back your gold as it is.

Why HDFC Bank for Gold Loans?

Gold loan is always considered as the better option to borrow money from the bank. The reason after this is the HDFC gold loan interest rate is low as compared to the personal loan. So if you have a choice in between a gold loan or a personal loan then you are always advised to go for a gold loan. Because being an unsecured loan personal loan has higher rates of interest.

Besides that your gold assets would be in tight security if you get a gold loan, on the other hand, if you want to put your jewelry in a bank will charge you for the locker. So if you are getting a gold loan you are killing two birds with one stone. You are getting funds and security of your gold simultaneously. You don’t have to pay charges for the security of the gold.

Features of HDFC Gold Loan

There are some features of the gold loan. Let us discuss them.

  1. First of all HDFC gold loan is approved and disbursed very quickly and easily. the loan gets approved in an hour.
  2. Besides that, the documentation process is very easy and less, very basic documents are required for HDFC gold loan.
  3. Furthermore, the bank provides full transparency to the customer there are no hidden charges.
  4. The minimum amount of loan that can provide to the customer is Rs. 50000. It can be less than Rs. 50000 in rural areas.
  5. There is no need to worry about the pre-closure charges. Bank won’t ask you for any kind of pre-closer charges, you can close your loan whenever you want.
  6. One important thing to note is that the bank is liable completely for the security of your gold. Your gold would be kept in fireproof security.
  7. The tenure of the loan can be from 6 months to 4 years. You can choose according to your comforts.
  8. HDFC bank provides some special offers for agricultural purposes. It means the bank offers a slight low gold loan interest rate for a gold loan for agricultural purpose.
  9. Quality of gold should be 18 to 22 carats.
  10. Gold jewelry is acceptable but sole Manglasutra is not accepted.
  11. Gold in the raw form is not accepted.
  12. Gold coins less than 50 grams are not acceptable.
  13. Gold biscuits are not acceptable.
  14. Gold bricks are accepted.

Amount of Gold Loan

HDFC bank provides Gold Loan starting from Rs. 50000 and can be up to Rs. 10 Lakhs.

Let us try to understand with an example.





Loan Amount

Mr. 1

10 Grams

18 Karat

Rs. 18000

Mr. 2

10 Grams

19 Karat

Rs. 18500

Mr. 3

10 Grams

20 Karat

Rs. 19000

Mr. 4

10 Grams


Rs. 19800


The Basic Processing Fee on HDFC Gold Loan is 0 to 0.5% of the Loan Amount.

Pre-payment Charges

The facility of closing your gold loan before the tenure of the loan is known as a pre-payment facility. Some banks don’t provide this facility but HDFC bank does. There are some prepayment charges but these are very minimal. It is 0 to 1% of the loan principal prepaid.

Valuation Fees

There is a valuation fee of Rs. 250 for a loan amount less than Rs. 1.5 lakhs. It is Rs. 500 for the loan amount more than Rs. 1.5 lakhs.

Late Payment Charges

2% of the principal amount is charged as late payment charges.


The documentation process is not that complex in HDFC gold loan. Following are the basic documents that are required in HDFC gold loan. These are listed below :

  1. Identity Proof: First of all, proof of identity is required for the gold loan. An identity proof can be your Aadhar card, PAN card, Driving license, voter ID card or your passport
  2. Residence proof: An address proof is also needed in HDFC gold loan. Your Aadhar card, PAN card, Ration card, voter ID card, driving license, or passport can be considered as the proof of residence. In case you are living on rent then the rent agreement or water/electricity bills for the last three months can be considered.
  3. Two passport size photos are required. (Applicant should not be wearing glasses in the photograph, the photograph should be colored)


Extra Benefits

Quick Approval

Loan for Multi-purposes

Security of Gold



How to Apply for HDFC Gold Loan?

You can apply for the HDFC Bank Gold Loan at The process is very easy and simple. You have to fill a simple form online after that you will get a call back from our side. Furthermore, you will get a document pickup facility from your doorstep. For more information, you may call on 9592046860.

  1. Dialabank is considered as the best platform to apply for a gold loan online. There are so many reasons for this.
  2. First of all, Dialabank is India’s first financial helpline, it provides the best financial services to customers all over the country.
  3. Besides that, the bank has a good reputation among the customers because of its best services.
  4. One more reason is that if you apply for a gold loan on Dialabank then you will get a low HDFC gold loan interest rate.
  5. The Dialabank provides document pickup facility from the doorstep of the customer.
  6. One more important thing is that the Dialabank provides guidance to the customers free of cost. There are no additional charges of applying for a gold loan online on the website of Dialabank.
  7. While applying for a gold loan on Dialabank very less paperwork is required.
  8. One more thing is that you will get high LTV of your gold.
  9. The bank is old and well reputed so there is no risk of fraud, so can apply easily online on the website

HDFC Gold Loan Schemes

The HDFC Bank provides the gold loan under three schemes

  1. Term Loan
  2. EMI
  3. Over Draft

Each scheme has its own perks. A customer is free to choose the gold loan scheme according to his/her convenience.

Gold Loan is Secured or Unsecured?

Gold loan is considered as a secured loan because you put your gold in the bank’s locker and the bank can easily recover their loan amount with the principal amount if you won’t return the loan. So you are always advised to pay your loan amount easily on time.

Does CIBIL score matters in a Gold Loan?

Yes, CIBIL scores matters in a gold loan. but the bank is not that strict with the CIBIL score as in the case of unsecured (Personal Loan). In the case of a gold loan, the CIBIL score should not be less than 550.

Advantages of a Gold Loan over a Personal Loan

  1. First and the major advantage of a gold loan over a personal loan is that the HDFC gold loan interest rate is quite low as compared to a personal loan.
  2. After that, the documentation process is very less in case of the gold loan as compared to a personal loan.
  3. In a personal loan, your CIBIL score is required to be above 700 at least.

Difference Between a Personal Loan and a Gold Loan

A personal loan comes into the category of unsecured loans however a gold loan is a secured loan. The consequence of this is the rates of interest of a personal loan are quite high because of high risk.

  1. HDFC bank provides a gold loan at very low rates of interest. HDFC gold loan Interest rate is 11% per annum and onwards.
  2. Loan processing charges are 1 percent plus GST.
  3. Valuation Fee will be Rs. 250 for a loan up to Rs 1.5 lacs and Rs. 500 for a loan which is over and up to Rs. 1.5 lacs.
  4. Foreclosure charges: If closed within three months then it will be 2 percent with GST foreclosure charges and if closed within 6 months then it will be 1 percent plus GST foreclosure charges.
  5. Charges you pay for late loan payment, are 2 percent per annum as penal interest over and up to interest rate.
  6. Renewal processing fees will more than Rs. 350 including tax.
  7. Prepayment or part payment charges will be more than 2 percent including GST (within three months).

Major Banks' Gold Loan Interest Rate


 Interest Rates

Processing Fee

Loan Tenure 

Loan Amount

HDFC Bank Gold Loan

10.00% - 14.50%


3 - 24 months

 Rs.25k- Rs.1 Cr.

ICICI Gold Loan

10.00% - 16.10%


6 - 36months

Rs.10k- Rs.1 Cr.

Muthoot Finance Gold Loan

18.00% - 24.00%


3 - 24 months


Axis Bank Gold Loan

14.50% - 17.00%


3 - 24 months

Rs 18k-Rs. 1 Cr.

Manappuram Gold Loan

19.00% - 26.00%


1 -  24 months

 Rs.10k-Rs.1 Cr

Yes Bank Gold Loan

10.00% - 15.99%


6 - 36 months

Rs.18k-Rs. 1 Cr.


HDFC Bank Provides Gold Loan in Following Cities

HDFC Gold Loan Delhi

HDFC Gold Loan Mumbai

HDFC Gold Loan Bangalore

HDFC Gold Loan Chennai

HDFC Gold Loan Hyderabad

HDFC Gold Loan Ahmedabad

HDFC Gold Loan Jaipur

HDFC Gold Loan Chandigarh

HDFC Gold Loan Bhatinda

HDFC Gold Loan Patiala

HDFC Gold Loan Gwalior

HDFC Gold Loan Nashik