⍟  Lowest Interest Rate of 0.79% p.m.
⍟  Highest Rate Per Gram ₹ 4,680
⍟  No Melting of Your Gold
⍟  Get Loan in 1 Visit Only
⍟  100% Safety of Your Gold (kept in Bank Locker)

APPLY FOR

HDFC Gold Loan

I have read the Privacy Policy & Agree to Terms & Conditions and authorize Dialabank & its partner institutions to Call or SMS me with reference to my application.

HDFC Gold Loan Key Features – Apply Onlinehdfc gold loan

HDFC Gold Loan Interest Rate 9.90% per annum
HDFC Gold Loan Per Gram
HDFC Gold Loan Per Gram Today is ₹ 4,680
HDFC Gold Loan Processing Fee
1.50% of the Principal Loan Amount
Maximum Loan Amount
Up to Rs. 1 Crore (With Income Proof)
HDFC Gold Loan Prepayment Charges
2%+GST (Within 3 Months), 0 (After 3 months)
HDFC Gold Loan Repayment Tenure
3 Months to 24 Months
HDFC Gold Loan Repayment Scheme
Bullet Payment Scheme, Overdraft Scheme

RBI has increased the LTV (Loan to Value) ratio for Gold Loan from 75% to 90% till 31st March 2021.

HDFC Bank issues a Gold Loan per gram rate of ₹ 3,329 to ₹ 3,489 in line with the current gold rate. The best HDFC Gold loan Rate per gram is ₹ 3,489 for 22 Carat gold, measured at a maximum 85% loan to value and the average gold price for the last one month for 22-carat is ₹ 4,469.

HDFC Gold Loan Explanation

HDFC gold loan can be availed to meet an urgent need for cash by pledging one’s gold ornaments or gold coins as collateral. A Gold loan is one of the quickest and easiest ways of borrowing money and can be availed by any existing customer of the HDFC Bank as well as new borrowers. With HDFC Bank, you will not only be able to avail the Jewel Loan easily but it will also be at a competitive interest rate. 

HDFC Gold Loan Comparison With Other Banks

Particulars IndusInd Bank SBI HDFC Bank
Interest Rate 10.00% – 16.00% 7.50% – 7.50% 9.90% – 17.55%
Processing Fees Up to 1% of the loan amount, minimum Rs. 750 0.50% of the loan amount, minimum Rs. 500 1.50% of the loan amount
Loan Tenure 3 months to 12 months 3 months to 36 months 3 months to 24 months
Loan Amount ₹ 10,000 to ₹ 10 Lakh ₹ 20,000 to ₹ 20 Lakh ₹ 25,000 to ₹ 50 Lakh
Foreclosure Charges Up to 1% of the outstanding amount Nil Nil after 3 months
Repayment Options Y Y Y
Lowest EMI Per Lakh ₹ 8,792 per lakh ₹ 3,111 per lakh ₹ 4,610 per lakh

Tips To Get Gold Loan From HDFC Fast

  • HDFC Bank accepts both hallmarked and non-hallmarked jewelry in exchange for money. However, you can get the highest gold loan per gram for any hallmark jewelry, because it reduces the chances of under-valuation by the valuer. 
  • HDFC Bank can adjust the price of 22-carat gold for the purity of gold. Therefore, one should also try to borrow against jewelry of higher purity because it fetches the highest amount for a Jewellery Loan.
  • HDFC Bank will calculate the net weight of the jewelry to calculate the amount of loan against the gold you can get. You can always try to choose jewelry that has minimum gems and stones. Most of the banks will reduce the weight of gems and stones from the total weight of the jewelry. But HDFC Bank will rely on the report of its gold valuer to calculate the net weight. Higher the weight of gems and stones in jewelry, lower the net weight and value of jewelry which results in a lower amount of jewel loan you can are eligible to get.

Advantages Of HDFC Bank Gold Loan

  1. Fast Process: The HDFC Gold Loan is approved and disbursed very quickly and easily. The loan gets passed in an hour.
  2. Fewer Documents: The documentation process is straightforward and less, vital documents are required for the HDFC gold loan.
  3. Transparent System: The bank provides full transparency to the customer; that is, there are no hidden charges.
  4. Amount of Loan: The minimum amount of loan that HDFC provides to the customer is Rs. 15000. Also, It can be less than Rs 10000 in rural areas.
  5. Safety of Jewellery: One important thing to note is that the bank is liable entirely for the security of your gold. Thus, the gold is kept in fireproof protection.
  6. Loan Tenure: The tenure of the loan can be from 3 months to 2 years. Hence, You can choose according to your comforts.
  7. Benefits for Farmers: HDFC bank provides some special offers for agricultural purposes. That is, the bank offers a slight low Gold loan interest rate for a Gold loan for agricultural use.
  8. No Debt Burden: There can be situations in which an applicant is not able to repay the loan amount in such a case the applicant will not be under debts as the bank will only confiscate the ornaments.
  9. No Income bounds: There are no restrictions on the salary or income of the applicant; hence, anyone with any income rage can avail a gold loan.
  10. Foreclosure: HDFC bank charges the borrower up to 0.50% of the outstanding principal debt in the event of a Gold Loan Foreclosure.

HDFC Bank Gold Loan Per Gram Rate – Apr 20 2021

Updated - Gold Loan Per Gram Rate w.e.f Apr 20 2021

Gold Weight Gold Purity
24 Carat
Gold Purity
22 Carat
Gold Purity
20 Carat
Gold Purity
18 Carat
1 gram 4680 4290 3900 3510
10 gram 46800 42900 39000 35100
20 gram 93600 85800 78000 70200
30 gram 140400 128700 117000 105300
40 gram 187200 171600 156000 140400
50 gram 234000 214500 195000 175500
100 gram 468000 429000 390000 351000
200 gram 936000 858000 780000 702000
300 gram 1404000 1287000 1170000 1053000
400 gram 1872000 1716000 1560000 1404000
500 gram 2340000 2145000 1950000 1755000

You can call on 9878981144 to avail of the Best Deals and Offers on HDFC Gold Loan Rate Per Gram

About HDFC Bank Gold Loan

Life is full of uncertainties. Thus you may need money to cope up with financial hurdles in your life. In this case, you can get a Gold Loan to fight the financial crisis. A gold loan is a secured loan. Therefore the people with low CIBIL score can also easily avail of this service. HDFC Gold Loan is one of the best gold loans in India.

Though, There is a lot of financial banking and non-banking companies that provide you with a gold loan, but HDFC Gold Loan is considered the best. HDFC Bank was set up in 1994. It is one of the most reputed and reliable banks in India. Also, It is known for its brilliant financial services.

  • HDFC Gold Loan Interest Rate is 9.90% per annum
  • HDFC Gold Loan Rate Per Gram Today is ₹ 4,680
  • HDFC Gold Loan Tenure: Up to 24 months
  • HDFC Gold Loan Processing Fee is Up to 1.50% of the Loan Amount + GST

HDFC Gold Loan Eligibility

The loan seeker can avail of a Gold Loan only if the following eligibility criteria are fulfilled:

Age
18-70 years of age
Nationality Indian
Employment Status
Salaried, Self-Employed
Gold Quality
Minimum 18 Carats

HDFC Bank Gold Loan Documents Required

The documentation process is not that complex in HDFC Gold Loan. The documents required for applying for the loan are listed below :

Photographs 2 Passport Size
Identity Proof Aadhar Card, Passport, PAN Card, etc. (Only 1 is required)
Residence Proof Aadhar Card, Driving License, Ration Card, etc. In the case of Rented House then the rent agreement or water/electricity bills for the last three months can be considered. (Only 1 is required)

HDFC Gold Loan Interest Rate, Fees, and Charges

In general credit against Gold as security is available at a low-interest rate because it comes in the category of secured loans. So the Gold Loan interest rates are less than that of a personal loan or any other kind of loan though the gold loan rate keeps on changing from time to time as well as person to person.

HDFC Bank Gold Loan Interest Rate Apr 20 2021
HDFC Bank Gold Loan Interest Rate 9.90% per annum
Processing Fee
1.50% of the Principal Loan Amount
Prepayment/Foreclosure Charges
2%+GST (Within 3 Months), 0 (After 3 months)
Valuation Fee
Rs 250 for a loan up to Rs 1.5 lacs and Rs 500 for a loan over and above Rs 1.5 lacs
Late Repayment Charges
2% p.a. + Applicable rate of interest.
Renewal Processing Fees
Rs 350 + GST

HDFC Bank Gold Loan Schemes

HDFC offers various schemes attached to the Gold Loan product which are listed below:

  • Loan Against Gold HDFC Bank provides Gold Loan at attractive rates of interest to fulfil anyone’s dire need of funds for any purpose whether personal or professional. The gold loan is a fully secured form of loan and therefore, the bank has no risk in lending the amount to the applicant so it is provided at a lower rate of interest when compared to other forms of Loan products.
  • Loan Against Gold for Agriculture – HDFC Bank provides Gold Loans specifically for agriculture purposes to farmers at a special rate of interest as compared to gold loans given for other uses. They are given special offers and you need to provide the bank Land proofs for which you are taking the Loan.

How To Apply For An HDFC Gold Loan Online

You can apply for the HDFC Bank Gold Loan at Dialabank. The process is easy and quick. To begin, You have to fill a simple form online. When the form gets submitted, you will receive a call from our Relationship Directors who are specialists in the area. You also get a documents’ pick up facility from your home. For more knowledge, you can call on 9878981144.

Dialabank is considered as the best platform to apply gold loan online because of the following reasons:

  1. Dialabank is India’s leading commercial helpline; it gives the best commercial assistance to clients all over the nation.
  2. The bank has an excellent name among the consumers because of its most dependable assistance.
  3. If you are applying for a Jewel loan online at Dialabank, then you will receive a low HDFC Gold Loan Rate of Interest.
  4. Dialabank provides a document pickup facility from the doorstep of the consumer.
  5. We guide the consumers free of cost. That is, there are no supplementary charges of appealing for a gold loan online on the website of Dialabank.
  6. While you are demanding a gold loan into Dialabank, very little paperwork is needed.
  7. Our Contact supervisors are qualified satisfactorily to supervise you in the whole method of Gold Loan.

HDFC Bank Gold Loan Calculator

HDFC Gold Loan Calculator
Rate of Interest 6 months 1 Yr 2 Yrs 3 Yrs
7.00% 17008 8652 4477 3088
8.00% 17058 8699 4523 3134
8.50% 17082 8722 4546 3157
9.00% 17107 8745 4568 3180
9.50% 17131 8678 4591 3203
10.00% 17156 8791 4614 3227
10.50% 17181 8815 4637 3250
11.00% 17205 8838 4661 3274
11.50% 17230 8861 4684 3298
12.00% 17254 8885 4707 3321
12.50% 17279 8908 4731 3345
13.00% 17304 8932 4754 3369
13.50% 17329 8955 4778 3393
14.00% 17354 8979 4801 3418
14.50% 17378 9002 4825 3442
15.00% 17403 9026 4845 3466

How To Pay Your HDFC Gold Loan EMI?

Your HDFC gold advance can be reimbursed in the following three different ways.

  1. Standing Instruction (SI): If you are a current account holder with HDFC Bank, Standing Instruction is the most dependable method of compensation. Your EMI amount will be credited automatically towards the end of the month to month period from the HDFC Bank account you show.
  2. Electronic Clearing Service (ECS): This program can be applied if you have a non-HDFC Bank record and might need your EMIs to be debited consequently near the end of the month to month cycle from this account.
  3. Post-Dated Checks (PDC): You can present post-dated EMI analyses from a non-HDFC Bank statement at your closest HDFC Bank Loan Center. A new version of PDCs should be presented immediately. It will be perfect if you note Post Dated Checks will be collected in non-ECS states as it were.

HDFC Bank Gold Loan Contact Number

Call 9878981144 and get instant help and approval for your HDFC Bank Gold Loan. You can know the best offers on Gold Loan available from all the HDFC Bank Branches throughout the country to avail the best deal suitable to your needs.

Gold Ornaments Accepted By HDFC Bank

  • Gold Jewellery such as Gold Bangles, Gold rings, Gold anklets, Gold necklaces, etc. all are accepted by HDFC Bank for availing a Gold Loan.
  • Quality: The quality of gold should be between 18 Carat to 22 Carat. Any gold ornament which is 24 Carat, cannot be used for availing a gold loan.

Use Of HDFC Gold Loan

The funds acquired by availing the HDFC Gold Loan service can be used for several purposes such as:

  • To fund any particular investments such as matrimony, hiking, instalment of higher tuition payments, etc.
  • For all your marketing requirements, such as purchasing fresh supply, developing marketing, etc., a loan service is available.
  • You can additionally avail of a Gold Loan for horticultural ideas. The bank gives lower prices of interest for Gold Loans that are utilized for farming or related projects.

HDFC Agricultural Jewel Loan Scheme

Scheme HDFC Bank Agricultural Jewel Loan Scheme
Interest Rate  Starting from 7% (depends on the sum of the loan
Least amount of Loan Depends on the value of the jewel which is being kept as security
Loan period Adjustment of advance sum inside 2 months from the date of reap of yields

Benefits Of HDFC Bank Agricultural Jewel Loan Scheme

  • HDFC Bank charges a processing fee of up to ₹ 500.
  • Minimum of ₹ 300 charge, that is 0.30% of the loan amount, applies to the amount ranging from above ₹  20,000 – less than ₹ 20 lakh.
  • 0.28% of the credit sum, subject to at least Rs.1,500 applies to the amount more than Rs.5 lakh however under Rs.1 crore.

HDFC Gold Loan Overdraft Scheme

For simplifying the process and providing you with a hassle-free service while processing an overdraft scheme at HDFC bank is provided, it gives you an online way to get your own overdraft, also known as Smartdraft – Overdraft Against Salary. You do not need to visit bank branches and go through a boring process. Just log in to the HDFC online banking portal and from there you can fill out a simple form and get an overdraft under your name.

HDFC Gold Loan Highlights

Age 18 – 70 years
Minimum Loan Amount Rs. 1000
Maximum Loan Amount Rs. 1 Crore
HDFC Gold Loan Interest Rate 7.00% p.a. onwards
Loan Tenure From 3 months to 24 months
Gold Items accepted Jewelry and gold coins sold by banks
HDFC Bank Gold Loan Processing Charges 0.85% of the loan amount


How Does HDFC Bank Gold Loan Work, Here’s An Example

The suitability of the gold loan is determined based on the purity of gold, LTV, and its weight. Suppose Mr. A and his two friends Mr. B and Mr. C have different gold values ​​for different purity. Mr. A has 50 grams of gold per 22-carat purity. Mr. B has 60 grams of gold in 20 carats of purity and Mr. C has 70 grams of gold in purity or 22 carats. They approached the HDFC Bank to get a gold loan. The price used to calculate the suitability of their gold loan according to the high 85% LTV will vary with the purity of the gold and therefore, will lead to the validity of the gold loan.

FAQs About HDFC Gold Loan

✅ What is HDFC Gold Loan?

HDFC Bank Gold Loan is a loan scheme that you can avail of for urgent monetary help by keeping your gold as collateral security with the bank. It also comes with attractive interest rates on Term Loan, Overdraft, and EMI based loan. The average Gold Loan disbursal time at HDFC is just 45 minutes.

✅ How can I get the Gold Loan from HDFC Bank?

You can get HDFC Gold Loan by visiting any of the gold loan offering branches of HDFC or you can apply online with Dialabank from the comfort of your home and get the best deals and offers. HDFC is one of the leading banks in India that provides Gold Loan service. 

✅ How much Gold Loan can I get per gram in HDFC?

The per gram Gold Loan in HDFC that you can get depends on the purity of your gold. HDFC accepts gold of purity between 18 carats to 22 carats to provide a Gold Loan. You can avail of up to ₹ 4,680 as per HDFC Gold Loan Per Gram.

✅ How does HDFC Gold Loan work?

HDFC Gold Loan’s work is simple to understand. It is a popular lending scheme through which you can get a loan by pledging your gold ornaments. The loan amount and interest rates are dependent on the purity of your gold and vary accordingly. HDFC Gold Loan is a very popular option for anyone who is in need of urgent money, the average disbursement time is 45 minutes.

✅ What is HDFC Gold Loan Interest Rate?

The HDFC Bank Gold Loan Interest Rate is 9.90% per annum. The HDFC Gold Loan rate of interest depends upon a number of factors, namely: loan amount, loan tenure, purity of gold, and relationship with HDFC bank.

✅ How to check Gold Loan status in HDFC?

To check your HDFC Gold Loan status all you need to do is visit the HDFC Bank Loan Status Tracker web page and fill in your details in the form given. You can easily track the status of your loan from anywhere and stay updated.

✅ How to calculate Gold Loan Interest in HDFC?

You can calculate the Gold Loan Interest Rate in HDFC Bank using Dialabank’s EMI Calculator which gives you accurate amounts based on the information you enter into the calculator.

✅ What is the maximum loan amount I can avail myself on Gold Loan from HDFC Bank?

The maximum gold loan amount you can get from HDFC Bank is up to Rs 1 crore (with income proofs).

✅ What is the loan tenure of HDFC Bank Gold Loan?

The loan tenure of HDFC Bank ranges from 3 months to 24 months.

✅ How much Processing Fee is applicable on HDFC Gold Loan?

The processing fee for the HDFC Gold Loan is about 1.50% of the principal loan amount and can be less based on the loan amount and the relationship with the bank.

✅ What are the charges for renewal in HDFC Gold Loan?

The charge for renewal in the HDFC Gold loan is Rs 350 + GST.

✅ What are the charges for Prepayment in HDFC Gold Loan?

The charges for pre-payment in HDFC Bank is NIL if you do it after 3 months of taking the Loans. However, if you wish to do it before the period of 3 months, HDFC Bank charges 2% prepayment charges of the principal loan amount.

✅ How to renew HDFC Gold Loan Online?

To renew your HDFC Gold Loan online you will need to visit the Gold Loan branch with all the documents of your present loan. The Gold submitted earlier will be taken out and revalued based on current gold rates in the market. Once everything is done a small renewal fee will be charged and your loan will be renewed for a new tenure period.

✅ How to Pay HDFC Bank Gold Loan Interest Online?

You can pay HDFC Gold Loan interest online through net banking on the official HDFC loan repayment web page or alternatively, you can also repay your HDFC Gold Loan on Paytm using your preferred payment method.

✅ What if I can’t pay the interest on HDFC Gold Loan for 3 months?

If you do not pay your Gold Loan in HDFC Bank for 3 months, the bank will at first remind you of your pending dues. If the payment requests go unheard an official legal notice is sent demanding the repayment and closure of the loan. Defaulting on your Gold Loan results in a decrease in your credit score and also makes you liable to face legal actions by the bank including confiscation and auction of your gold.

✅ How can I apply for EMI Moratorium on HDFC Gold Loan?

You can apply for EMI Moratorium on HDFC Gold Loan now between 1st March and 31st August 2020 and has to be done by contacting the Bank customer care or visiting the nearest HDFC Bank branch.

✅ How to pay HDFC Gold Loan through Credit Card?

HDFC God loan cannot be paid through credit card as per RBI guidelines.

✅ What is the HDFC Gold Loan customer care number?

For contacting the HDFC Gold loan customer care just dial 9878981144

What is the HDFC Gold Loan closure procedure?

  • Just go to the bank with the documents.
  • Write a letter for pre-closure of the HDFC Gold loan account.
  • Pay the pre-closure charges as per HDFC Gold Loan.

What is the HDFC Gold Loan preclosure charge?

Up to 2% preclosure charge before 3 months, after that 0.50%.

What is the HDFC Gold Loan overdraft scheme?

For simplifying the process and providing you with a hassle-free service while processing an overdraft scheme at HDFC bank is provided, it gives you an online way to get your own overdraft, also known as Smartdraft – Overdraft Against Salary. You do not need to visit bank branches and go through a boring process. Just log in to the HDFC online banking portal and from there you can fill out a simple form and get an overdraft under your name.

What is the HDFC Gold Loan maximum tenure?

The maximum tenure of the HDFC Gold loan is 24 months.

✅ What is the minimum gold loan tenure for HDFC Gold Loan?

 Minimum tenure for HDFC Gold Loan is 3 months.

News About HDFC Bank Gold Loan

Bank Nifty hits new record high, surges over 17% since Feb 1; SBI, HDFC Bank, ICICI Bank hit a 52-week high

RBI’s first monetary policy committee, which met for the first after the Union Budget 2021, decided to retain an accommodative policy stance at least for the current financial year and into the next to revive growth as inflation has eased below “tolerance level of 6 percent”. The top gainers included IndusInd Bank, Kotak Mahindra Bank, RBL Bank, Axis Bank, and HDFC Bank.

HDFC, India’s largest mortgage financier, may remain NBFC

HDFC Ltd Vice Chairman and CEO Keki Mistry said he was confident that bounce back in demand for home loans would continue, following the strong revival seen in the last four months.

Asset quality HDFC Bank, ICICI Bank, Axis Bank, and others are better than expected, according to Moody’s

Asset performance at India’s largest private sector banks – HDFC Bank, ICICI Bank, Axis Bank, IndusInd Bank, IDBI Bank — was better than what Moody’s expected in the nine months to December 2020, or the first three quarters of the fiscal year ending March 2021 (fiscal 2021).

Analyst Corner| HDFC: Maintain ‘buy’ with a target price of Rs 3,340

HDFC’s 3QFY21 profit of Rs 29 bn (-65% YoY on a high base from Gruh’s sale) led by a better topline. The two key positives were strong disbursement growth of 26% and largely stable asset quality – collections 98%, restructuring 1%, stage-3 2.3%, buffer provision at 1.2%. HDFC is better placed to leverage housing demand & potential construction-financing as it gains from its funding franchise. Loan growth can improve from 9-10% now to 15% over FY22-23.

 

 

 

Table of Contents