⍟  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

Home Credit Bank Gold Loan

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Home Credit Bank Gold Loan Key Features – Apply Now

Home credit Bank Gold Loan Interest Rate 7.0% per annum
Home credit Bank Gold Loan Per Gram Rate Rate Per Gram is Rs. 5,121
Home credit Bank Gold Loan Processing Fee Up to 0.23%
Home Credit Bank Maximum Loan Amount Up to Rs. 75 Lakh
Home Credit Bank Minimum Loan Amount 70% LTV
Home credit Bank Gold Loan Prepayment Charges 1%+ GST
Home credit Bank Gold Loan Repayment Tenure maximum of 36 months
Home credit Bank Gold Loan Repayment Scheme Bullet Payment Scheme, Overdraft Scheme

About Home Credit Bank Gold Loan 

Home credit Bank offers a Gold Loan to all its customer at a low interest rate and minimal processing fee. It is the most convenient way of obtaining money to cater to emergency money requirements.

  • Home credit Bank best Gold Loan Interest Rate – 7% per annum
  • Home credit Bank Gold Loan Per Gram online Rate – ₹ 5,121.
  • Home credit Bank Gold Loan Tenure – minimum 6 months to a maximum of 36 months
  • Home credit Bank Gold Loan Processing Fee – Up to 1% + GST 

How Much Gold Loan Can I Get Through Home Credit Bank

According to the recent market value of gold, home credit Bank offers a gold loan at the rate of Rs. 5,121 per gram. Home credit Bank Gold Loan Rate Per Gram Today is ₹ 5,121 for 22-carat adornments available at the highest LTV value of 90%.

Home Credit Bank Gold Loan Per Gram

Updated - Gold Loan Per Gram Rate w.e.f Apr 23 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

Why Choose Home Credit Bank Gold Loan?

With a huge number of banks and non-financial organizations providing a Gold Loan, the customer is confused between choosing the right brand to represent them. Here is why Home credit bank gold loan is a perfect solution for you.

  1. Customizable loans.
  2. Maximum credit value of Rs. 1 crore.
  3. Fast processing.
  4. Less Documentation.
  5. CIBIL score, not a priority.
  6. Flexible repayment facility.
  7. Less charges.

Advantages of Home Credit Bank Gold Loan

Advantages of Home Credit Bank Gold Loan via Dialabank

  • Home credit Bank Gold loan can be used for any purpose, the bank has no concern with where the loan amount is spent, unless it is repaid.
  • Home credit Bank Gold Loan come without any hassles. With easy approval and less documentation, this is everyone’s choice.
  • Borrowers can avail a Gold loan of their preferred choice, considering the value of the gold left as a collateral.
  • Home credit Bank jewelry loan comes at a low rate of interest, customizable EMI based on the loan amount and the customer’s capacity. 
  • The Borrowers can make the repayment as per their convenience without any prepayment charges in case the customer wishes to prepay their dues.
  • Home credit Bank gold loan assures gold security. They gold stays safe in their lockers and can be taken back once the full loan amount is paid to the bank. 
  • Home credit Bank gold loan come with no hidden charges. The customer is provided with a written loan agreement with all the terms and conditions clearly mentioned.
  • Home Credit Bank charges up to 0.50% of the principal amount as foreclosure charges. 

Home credit Bank Gold Loan Eligibility 

Gold Loan is a financial product that is offered by the bank to take care of the customer’s short term and long term financial needs. Getting a Home credit gold loan is not difficult if you have gold to keep as collateral and basic identity documents. Home credit bank can give the loan amount to the borrower the same day of the applied date if the gold quality is verified and the formalities are met. 

Basic Eligibility Criteria for availing a Home credit Bank Gold Loan is:

Age  18 to 75 years
Gold Requirements Gold Ornaments (18-22 carats) or bank gold minted coins of 24 carats
CIBIL Score Above 500
Nationality Indian

Documents Required for Home credit Bank Gold Loan

Gold Loan is a loan that is offered by a bank or NBFC to the borrowers in order to take care of their immediate financial needs. The major requirement in case of a gold loan is having gold ornaments (18-22 carats) or bank minded gold coins of 24 carats. The responsibility of the security of a collateral gold is that of the bank.

Following are the documents that a person requires in order to get home credit bank gold loan:

ID Proof Documents like Aadhaar Card/Pan Card/ Passport/ Voter ID
Residence Proof Documents like Aadhaar Card /Pan Card/ Ration Card/ Utility Bills having the name of the applicant/ Rental Agreement of applicant/ Voter ID card
Photographs 2 Passport sized photos

Home credit Bank Gold Loan Interest Rate, Fees and Charges

A Gold Loan can help fulfil immediate monetary requirements of a borrower. The rate of interest charged depends on the total loan amount, and the purity as well as the quantity of the gold. 

Gold Loan Interest Rate  7.0% per annum
Pre-payment Charges 1% of the outstanding amount
Processing Fee up to 1%

Home credit Bank Gold Loan Apply Online

Applying for the Home credit Bank Gold Loan service is easy and straightforward. It can also be done from the comfort of your home. All you need to do is visit the Home credit bank’s official website and fill the information form on their gold loan page. You will be contacted and asked to prove your eligibility. Once that is done, you will have to visit the nearest Home credit Bank branch with the required documents and your gold.

You can also apply for a gold loan with Dialabank by following these steps-

  • Visit Dialabank’s digital platform.
  • Fill the form with your basic requirements.
  • Our Relationship Manager will get in touch with you and help you make the right choice.
  • With Dialabank, you can remain carefree. We will help you at each and every step.

How to Pay Your Home credit Bank Gold Loan EMI?

Your Home credit Bank gold advance can be paid back in the following three different ways.

  1. Standing Instruction (SI): If you are a current record holder with Home credit Bank, Standing Instruction is the best way of doing the repayment. Your EMI will be deducted automatically by the end of the month. 
  2. Electronic Clearing Service (ECS): This mode can be used by a customer if do not have a home credit bank account and wish to get your EMIs deducted consequently by the end of the month. 
  3. Post-Dated Cheques (PDC): You can submit post-dated EMI checks from a non-home credit Bank account at your closest Home credit Bank Loan branch. You need to make sure that a set of PDCs is with the bank before the due date. 

Gold Ornaments Accepted by Home credit Bank

Gold jewelry such as Gold Bracelets, Gold chains, Gold sets, Gold rings, Gold anklets or any other form of physical gold is accepted by the bank. 

Uses of Home credit Bank Gold Loan

The loan amount can be used by the borrower at their own discretion. They can fulfill various purposes like:

  • To finance any personal expenses like travel, buying new equipment, remodeling of the house, payment of education fees, etc.
  • For all your business needs
  • Payback for a prior loan 
  • Agricultural purposes. The bank offers lower rates of interest for Gold Loans being used for agriculture or allied activities.

Home credit Bank Agricultural Jewel Loan Scheme

Name of Scheme
Home credit Bank Agricultural Jewel Loan Scheme
Rate of Interest
7% Onwards (Based on the loan amount)
Minimum Loan Amount
Based on the value of the Jewel which is being pledged
Loan Tenure
Adjustment of loan amount within 2 months from the date of harvest of crops

Benefits of Home credit Bank Agricultural Jewel Loan Scheme

  • No processing fee for an amount up to Rs. 25,000
  • 0.30% of the loan amount for a Minimum of Rs. 300 charge is applicable to the amount ranging between Rs. 25,000 and Rs. 5 lakh
  • 0.28% of the loan amount, subject to at least Rs.1,500 is applicable to the amount ranging between Rs.5 lakh and Rs.1 crore

Home credit Bank Agriculture Gold Loan Interest Rate for Different Scheme

Home credit Bank offers gold loan for horticultural necessities under two different categories Bumper Agri Jewel Loan and Other Agri Jewel Loan. 

For Bumper Agri Jewel Loan For other Agri Jewel Loan Products
8.50% Fixed 11.50% onwards

Home Credit Bank Gold Loan Overdraft Scheme

Home Credit Bank Gold Loan offers an Overdraft Scheme by providing the loan amount as a Credit Card. The borrower can spend the money however they wish to. The overall loan amount will have a Credit/Loan Limit and the interest will be charged only on the amount used.

RBI has recently issued a directive letting banks give gold loan up to 90% market value.

FAQs About Home credit Bank Gold Loan

What are the documents needed to profit from the Home credit Bank Gold Loan?

The following documents needs to be submitted : 

  • Application form.
  • ID proof
  • Address proof 
  • Agribusiness land evidence in the borrower’s name.
  • Proof of harvest production.

Who can apply for the Loan? 

Since the loan is provided due to agricultural purposes, each farmer is readily eligible for loan.

What are the primary highlights of the Agricultural Jewel Loan Scheme?

  • No hidden charges
  • Low interest rate
  • The reimbursement plan has advanced benefits

What is Home credit Bank Gold Loan?

The Home credit Bank gold loans are secured loans which offer quick disbursement. 

✅ How much Gold Loan Can I get per gram from Home credit Bank?

You can avail Gold Loan at the rate of  Rs. 5,121 per gram from Home credit Bank, depending on the quality of gold.

What is the gold loan interest rate in Home credit Bank?

The rate of interest in the Home credit Bank for Gold Loan starts at 7.00% per annum. 

How to check gold loan status in Home credit Bank?

You can check your Home credit Bank Gold Loan status online by visiting the Bank’s website and filling the Gold Loan application.

✅ What is the maximum gold loan amount I can avail from Home credit Bank?

You can avail a maximum of up to 90% of the gold jewelry’s market value.

What is the loan tenure of the Home credit Bank gold loan?

The maximum tenure of your Home credit Bank gold loan is up to 36 months.

✅ How much processing fee is applicable on Home credit Bank Gold loan?

Home credit Bank charges a processing fee of up to 1% of the Loan Amount.

What are the charges for pre-payment in Home credit Bank gold loan?

Home credit Bank charges up to 1% of the outstanding loan amount as prepayment charges.

How to renew Home credit Bank Gold Loan online?

You can renew your Home credit Bank Gold loan online by simply logging into your app by entering the loan account details.

How to pay Home credit Bank Gold loan interest online?

To repay the Home credit Bank Gold loan interest online, the bank’s website or app can be used. 

✅ What if I can’t pay the interest of Home credit Bank Gold loan for 3 months?

In case of failure of interest for Home credit bank gold loan amount, the bank will issue a warning, followed by the collateral gold being sold off to pay the charges.

✅ How can I apply for EMI moratorium on Home credit Bank Gold loan? 

You can apply for the Home credit Gold loan moratorium online or by visiting the bank personally. 

How to pay Home credit Bank Gold loan through credit card? 

You cannot pay for Home credit Bank Gold loan using a credit card.

How much Gold Loan can I get per gram in Home credit Bank?

The Gold Loan per gram rate depends on the purity of the gold and the market value. 

✅ How to pay Home credit Bank Gold Loan online?

You can pay for your Gold Loan from home credit Bank via EMIs or post-dated cheques.

 How to apply for Gold Loan in Home credit Bank?

Apply for Gold Loan with home credit Bank by either visiting the branch or online through Dialabank to get customized loan assistance.

✅ How to renew Home credit Bank Gold Loan?

To renew your Gold Loan, you will have to visit the branch with your loan details and ask for a renewal. A renewal fee may be charged.

✅ How to take Gold Loan from Home credit Bank?

You can take a Gold Loan from Home credit Bank by visiting the branch, through their online portal or with customized facilities.

✅ How to check Home credit Bank Gold Loan status?

Check your Gold Loan status by calling the Bank branch’s customer care or by visiting their branch. 

✅ How to close Home credit Bank Gold Loan?

You can close your Home credit Bank Gold Loan once all the dues are paid. The bank after final verification will close your loan and return the pledged gold.

✅ What happens if someone defaults in Home credit Bank Gold Loan?

When you default on your Gold Loan, the bank after issuing a warning, might sell the gold to retain the loan money.

✅ How many branches of Home credit Bank Gold Loan?

Indian Bank is an International consumer finance company founded in 1997. The bank started its operations in India in 2012. Ever since the bank has served over 1 crore customers.

What is Home Credit Bank Gold Loan Overdraft Scheme?

The Bank offers an Overdraft Scheme by providing the loan amount as a Credit Card. The borrower can spend the money however they wish to. The overall loan amount will have a Credit/Loan Limit and the interest will be charged only on the amount used.

What is the foreclosure charge for Home Credit Bank Gold Loan?

Home Credit Bank asks a borrower to pay up to 0.50% of the principal amount as Gold Loan Foreclosure charge.

What is the Home Credit Bank Gold Loan closure procedure?

The Gold loan will only close after the payment is done in full.

✅ What is Home Credit Bank Gold Loan Preclosure charges?

The Bank preclosure charges are 2%+GST (Within 3 Months), 0 (After 3 months)

 What is the maximum gold loan tenure?

The maximum Home Credit Bank Gold loan tenure is 36 months.

 What is the minimum gold loan tenure?

The minimum gold loan tenure is 6 months for Home Credit Bank.

What is the customer care number for Home Credit Bank Gold Loan?

All the queries regarding Home Credit Bank is answered at 9878981144 .

 

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