HDFC Gold Loan

HDFC Bank Gold Loan Interest Rate Dec 2016

Last Updated 17th Nov 2016
Interest Rate 11.50% - 13.00%
Repayment Options EMI Scheme, Bullet Repayment Scheme, Overdraft Scheme
Loan Tenure 6 months to 48 months
Minimum and Maximum Loan Amount Rs. 50,000 and Rs. 1,000,000
Processing Fee Option fron Nil to upto 0.5%
Prepayment Charges Option fron Nil to upto 1 %
Penal Charges 0.16% per month
Apply Gold Loan Online
 Salaried   Self Employed - Professional   Self Employed - Business 





I authorize MyLoanCare, its partners to contact me. This over rides my number being in NDNC registry

HDFC Bank Gold Loan Interest Rate Calculator

HDFC Bank offers gold loan to the customers who have urgent need of money. Gold loan to be offered by HDFC Bank has many features like:
  • Maximum loan amount limited to Rs. 1000000
  • Nil Processing Fee and Foreclosure charges in specific cases
  • Lower Interest Rates for Preferred, Imperia & Classic and Women customers

Gold Loan HDFC

Gold loan interest rates offered by HDFC Bank are fixed as well as floating
  • Fixed rates allow you to borrow loan at a fixed price which won’t change in the whole tenure in case of change in HDFC Bank benchmark rate and should be chosen only if you believe that the rates will not hike in future
  • In contrast to this are floating rates which changes with a single change in HDFC Bank benchmark rate in your loan tenure. You should go for floating rates if you can take the risk of hike in interest rates
HDFC Bank Gold Loan Rates depends upon
  • Loan amount: Gold loan rate in HDFC Bank depends upon the loan amount you apply for. Higher the loan amount, lesser will be the interest rate

Gold Loan Charges

Foreclosure Charges- These charges are to be paid in case you want to repay your entire loan amount before the end of tenure period. HDFC Bank allows prepayment of gold loan with Option fron Nil to upto 1 % prepayment charges
Processing Fee- HDFC Bank asks for a processing fee of Option fron Nil to upto 0.5% with applicable service tax
Penal Interest- HDFC Bank charges a penal interest of 0.16% per month if you don’t pay the EMI on the due date decided by the bank

HDFC Gold Loan EMI Calculator

Gold Loan EMI of HDFC Bank is a fixed amount that you pay each month towards the repayment of your jewel loan. Lowest EMI offered by HDFC Bank is Rs. 2,609 per lakh loan amount. Gold loan EMI of HDFC Bank depends upon:
  • Rate of interest: Higher the interest rate, higher will be the EMI. For a 48 months gold loan from HDFC Bank at interest rate of 11.50% per annum, EMI will be Rs. 2,609 per Rs. one lakh loan amount. At interest rate of 13.00% for the same loan, the EMI will be Rs. 2,683
  • Loan tenure: Longer the loan tenure, lesser your monthly EMI. At 11.50% per annum, the EMI would range from Rs. 17,230 to Rs. 2,609 for loan tenure ranging from 6 months to 48 months

HDFC Gold Loan Eligibility Calculator

Gold loan eligibility criteria HDFC Bank

Eligibility of Gold loan in HDFC Bank depends upon multiple factors:-
  • Quantity and quality of gold pledged: Gold loan eligibility depends upon the weight and assessment of purity of the gold jewelry that is being pledged. Gold ornaments karatage should be in the range of 18 to 24 karats. Both hallmarked jewellery and non hallmarked jewellery can be used for availing gold loan.
  • Gold loan rate per gram: HDFC Bank will value the jewelry based on price of 22 carat gold adjusted for purity. HDFC Bank use thirty days average rates of 22 carat gold prices. You can also check today gold rate at Myloancare.
  • Form of gold pledged: You can get gold loan from HDFC Bank against jewelry or ornaments with a purity of 18 carats or more and specially minted gold coins with a weight of up to 50 grams. You will not be eligible for gold loan against gold bars, ETFs (exchange traded funds), specially minted coins of more than 50 grams and ladies mangal sutra.
  • Purpose for which loan is used: You can use the gold loan from HDFC Bank for personal, business and agricultural purposes. However, you should not use gold loan for speculative purposes such as purchase of gold coins, jewels, land, and investment in stocks, futures and options.
Estimated eligibility online by using Gold Loan Eligibility Calculator

Popular Products

HDFC Bank offers you following gold loan schemes
  • Sampoorna Bharosa Gold Loan

Gold Loan HDFC documents required

The documentation process of HDFC Bank is smooth. Here is a list of documents which are required to apply for home loan from HDFC Bank:
  • Identity proof: Passport, Driving License, PAN Card, Aadhar Card, Voter’s ID Card
  • Address proof: Aadhar Card, Voter’s ID Card bank statement, rent agreement, utility bills, registry copy

Frequently Asked Questions

What is the maximum loan tenure I can opt under HDFC Bank jewel loan?

HDFC Bank offers you tenure of upto 48 months to repay your gold loan.

Can I prepay my gold loan? What are the charges applicable?

Yes, you can prepay your gold loan. Applicable prepayment charges - Option fron Nil to upto 1 %.

If I fail to repay the loan amount on time, what are the late payment charges on HDFC Bank gold loan?

If you fail to repay the loan amount on due date, then you need to pay penal charges at 0.16% per month over and above contracted rate of interest. In case the loan is still not paid back, HDFC Bank may dispose off the gold and recover its dues including principal, interest and penal charges.

What is the maximum gold loan amount available?

You can avail gold loan up to Rs. 1,000,000 from HDFC Bank

Compare HDFC Gold Loan

HDFC Gold Loan in India

HDFC Bank Gold Loan Customer Care Number, Email, Application Status, Branches

City Customer Care Number
Agra 993-590-3333, loansupport@hdfcbank.com
Ahmedabad 079-61606161, loansupport@hdfcbank.com
Ambala 999-624-3333, loansupport@hdfcbank.com
Anand 079-61606161, loansupport@hdfcbank.com
Aurangabad 022-61606161, loansupport@hdfcbank.com
Bangalore 080-61606161, loansupport@hdfcbank.com
Bhilai 1860-266-6161, loansupport@hdfcbank.com
Bhilwara 987-500-3333, loansupport@hdfcbank.com
Bhiwadi 022-61606161, loansupport@hdfcbank.com
Bhopal 0731-6160616, loansupport@hdfcbank.com
Bhubaneswar Cuttack 993-790-3333, loansupport@hdfcbank.com
Bikaner 987-500-3333, loansupport@hdfcbank.com
Chandigarh 0172-6160616, loansupport@hdfcbank.com
Chennai 044-61606161, loansupport@hdfcbank.com
Cochin 0484-6160616, loansupport@hdfcbank.com
Coimbatore 044-61606161, loansupport@hdfcbank.com
Dehradun 993-590-3333, loansupport@hdfcbank.com
Delhi 011-61606161, loansupport@hdfcbank.com
Durg 1860-266-6161, loansupport@hdfcbank.com
Faridabad 011-61606161, loansupport@hdfcbank.com
Gandhinagar 079-61606161, loansupport@hdfcbank.com
Ghaziabad 011-61606161, loansupport@hdfcbank.com
Goa 989-060-3333, loansupport@hdfcbank.com
Greater Noida 011-61606161, loansupport@hdfcbank.com
Gurgaon 011-61606161, loansupport@hdfcbank.com
Guwahati 995-719-3333, loansupport@hdfcbank.com
Gwalior 0731-6160616, loansupport@hdfcbank.com
Hyderabad 040-61606161, loansupport@hdfcbank.com
Indore 0731-6160616, loansupport@hdfcbank.com
Jabalpur 0731-6160616, loansupport@hdfcbank.com
Jaipur 0141-6160616, loansupport@hdfcbank.com
Jalandhar 981-533-1111, loansupport@hdfcbank.com
Jodhpur 987-500-3333, loansupport@hdfcbank.com
Kanpur 993-590-3333, loansupport@hdfcbank.com
Karnal 999-624-3333, loansupport@hdfcbank.com
Kolhapur 989-060-3333, loansupport@hdfcbank.com
Kolkata 033-61606161, loansupport@hdfcbank.com
Kota 987-500-3333, loansupport@hdfcbank.com
Kozhikode 989-566-3333, loansupport@hdfcbank.com
Lucknow 0522-6160616, loansupport@hdfcbank.com
Ludhiana 981-533-1111, loansupport@hdfcbank.com
Madurai 984-067-3333, loansupport@hdfcbank.com
Meerut 993-590-3333, loansupport@hdfcbank.com
Mehsana 079-61606161, loansupport@hdfcbank.com
Mohali Sas Nagar 981-533-1111, loansupport@hdfcbank.com
Mumbai 022-61606161, loansupport@hdfcbank.com
Mussoorie 993-590-3333, loansupport@hdfcbank.com
Nagpur 989-060-3333, loansupport@hdfcbank.com
Nashik 989-060-3333, loansupport@hdfcbank.com
Noida 011-61606161, loansupport@hdfcbank.com
Noida Extn. 011-61606161, loansupport@hdfcbank.com
Panipat 999-624-3333, loansupport@hdfcbank.com
Patna 1860-266-6161, loansupport@hdfcbank.com
Pondicherry 984-067-3333, loansupport@hdfcbank.com
Pune 022-61606161, loansupport@hdfcbank.com
Raipur 1860-266-6161, loansupport@hdfcbank.com
Rajkot 079-61606161, loansupport@hdfcbank.com
Ranchi 1860-266-6161, loansupport@hdfcbank.com
Rohtak 999-624-3333, loansupport@hdfcbank.com
Roorkee 993-590-3333, loansupport@hdfcbank.com
Salem 984-067-3333, loansupport@hdfcbank.com
Shimla 999-624-3333, loansupport@hdfcbank.com
Sonepat 999-624-3333, loansupport@hdfcbank.com
Surat 079-61606161, loansupport@hdfcbank.com
Trichy 984-067-3333, loansupport@hdfcbank.com
Udaipur 987-500-3333, loansupport@hdfcbank.com
Vadodara 079-61606161, loansupport@hdfcbank.com
Varanasi 993-590-3333, loansupport@hdfcbank.com
Vijaywada 994-949-3333, loansupport@hdfcbank.com
Vizag 994-949-3333, loansupport@hdfcbank.com
HDFC Gold Loan News - Dec 2016
24th Nov 16 HDFC Bank will accept payments through UPIs
HDFC Bank has decided to accept payments through digital payment system known as Unified Payment Interface (UPI). UPI helps the customers transfer amount through bank account number, IFSC code etc. HDFC Bank has its own digital wallet application called Payzapp.
19th Nov 16 HDFC sells Rs. 869 crores Unitech loan to JM Financial Asset Reconstruction Company
HDFC has sold reality firm Unitech outstanding loan of Rs. 869 crores to JM Financial Asset Reconstruction Company. JM ARC has paid Rs. 155 crores upfront and has issued security receipts of Rs. 705 crores to HDFC.
18th Nov 16 HDFC Bank FD rate cut by 0.25 percent from 17th November, 2016
HDFC Bank has reduced its one year fixed deposits rates for bulk deposits (Rs. one to five crores) by 0.25 percent to 6.75 percent. The revised fixed deposits rates for three year to five years are now 6.5 percent instead of 6.75 percent earlier. The new rates are applicable from 17th November, 2016.
09th Nov 16 HDFC fixed deposits rate cut to 7 percent
HDFC Bank has reduced its one year fixed deposits rate by 25 basis points to 7 percent. Two and three year deposit rates are also reduced to 7 percent. The deposit rate offered by the bank is lower than SBI which has slashed its one year deposit rate to 7.05 percent, lowest in six years.
07th Nov 16 HDFC Bank reduces its MCLR Base Rate by 0.15 percent from 7th November, 2016
HDFC Bank has reduced its one year marginal cost of lending rate by 0.15 percent to 8.90 percent. The overnight minimum lending rate is cut to 8.70 percent from 8.85 percent and three year rate is reduced to 9.05 percent from 9.20 percent. The revised rates will be effective from 7th November, 2016.
*My Finance Care Advisors Pvt. Ltd., or https://www.myloancare.in is a bank neutral multi bank platform that helps borrowers and bank customers compare loans and deposits of all banks in India at one place. Information carried at this website is based on perusal of public sources and should not be construed as an offer or solicitation or invitation to borrow or lend. The Company does not assure as to the correctness of information carried at the website. Lenders/ banks/ other parties may contact us at info@myloancare.in to provide corrections or updates. We may act as and/ or be associated with channel partners of banks and other sellers of financial products.