HDB Gold Loan Key Features
| HDB Gold Loan Amount | Up to Rs. 1 Crore (With Income Proof) |
| HDB Gold Loan Interest Rate | 7.0% per annum |
| HDB Gold Loan Per Gram | Rate Per Gram Today is ₹ 5,268 |
| HDB Gold Loan Processing Fee | 1.50% of the Principal Loan Amount |
| HDB Gold Loan Prepayment Charges | 2%+GST (Within 3 Months), 0 (After 3 months) |
| HDB Gold Loan Repayment Tenure | 3 Months to 24 Months |
| HDB Gold Loan Repayment Scheme | Bullet Payment Scheme, Overdraft Scheme |
Advantages of the HDB Gold loan
- Blazing Process: HDB Gold Loan is seen and overseen rapidly and with no issue. The credit gets went in 60 minutes.
- Less Documentation: The documentation cycle is quick and less, noteworthy records are required for the HDB gold credit.
- Direct System: The bank gives full straightforwardness to the client; that is, there is no ensured about charges.
- The level of Loan: The base level of advance that HDB obliges the client is Rs. 15000. Additionally, It can be not as much as Rs 10000 in like way spaces.
- The thriving of Jewelry: One titanic thing to note is that the bank is subject certainly to the security of your gold. In like way, the gold is guaranteed in fire security.
- Advance Tenure: The residency of the improvement can be from 3 months to 2 years. In like manner, You can pick as per your solaces.
- Ideal conditions for Farmers: HDB bank gives some colossal suggestions for normal purposes. That is, the bank offers a slight low Gold credit financing cost for a Gold improvement for agrarian use.
- No Debt Burden: There can be conditions in which an up-and-comer can’t reimburse the improvement all out in such a case the up-and-comer won’t be under obligations as the bank will basically take the embellishments.
How Much Gold Loan can I Get through HDB Bank Gold Loan
HDB Bank Gold Loan Per Gram – Updated September 2020
| Updated – Gold Loan Per Gram Rate | ||||
| 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 |
HDB Bank Gold Loan Eligibility
Age |
18-70 years of age |
Nationality |
Indian |
Employment Status |
Salaried, Self-Employed |
Gold Quality |
Minimum 18 Carats |
HDB Bank Gold Loan Documents Required
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) |
HDB Bank Gold Loan Interest Rate, Fees and Charges
Gold Loan Interest Rate |
7.00% 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 |
About HDB Bank Gold Loan
Life is flooding with insufficiencies. In like way, you may imagine that cash should switch up to budgetary obstacles for a staggering term. For this condition, you can get a Gold Loan to battle with the money related emergency. A gold credit is guaranteed about the surprising new turn of events. Fittingly, individuals with low CIBIL scores can in like way enough bit of room this affiliation. HDB Bank Gold Loan is unfathomably stood segregated from other gold advances in India.
In any case, there is a colossal measure of money related banking and non-banking affiliations that give you a gold credit, notwithstanding, HDB Bank Gold Loan is seen as the best. It is one of the most expected and strong banks in India. In like way, It is known for its shocking money related to affiliations.
- HDB Bank Gold Loan Interest Rate is 7.0% per annum
- HDB Bank Gold Loan Per Gram is ₹ 5,268
- HDB Bank Gold Loan Tenure: Up to 24 months
- HDB Gold Loan Processing Fee is Up to 1.50% of the Loan Amount + GST
Types of HDB Bank Gold Loan
HDB Bank offers different plans related to the Gold Loan thing which are recorded underneath:
- Advance Against Gold – HDB Bank gives Gold Loan at uniting with redesigns major to satisfy anybody’s fundamental needs of focal concentrations under any conditions whether individual or pro. The gold credit is completely guaranteed about such advances and thusly, the bank has no danger in attributing them all out to the up-and-comer so it is given at an amazingly more moderate improvement of premium when wandered from different sorts of Loan things.
- Advance Against Gold for Agriculture – HDB Bank gives Gold Loans explicitly to agribusiness purposes to ranchers at a groundbreaking improvement of power when kept from gold advances given for different occupations. They are given bewildering offers and you have to give the bank Land demand to which you are taking the Loan.
HDB Bank Gold Loan EMI 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 HDB Gold Loan EMI?
Your HDB Bank gold progression can be reimbursed in going into three freeways.
- Standing Instruction (SI): If you are a current record holder with HDB Bank, Standing Instruction is the most dependable perspective for pay. Your EMI whole will be attributed along these lines towards the month’s choice to the month’s time go from the HDB Bank account you show.
- Electronic Clearing Service (ECS): This program can be applied in case you have a non-HDB Bank record and may require your EMIs to be charged thusly near the farthest furthest degrees of the month to month cycle from this record.
- Post-Dated Checks (PDC): You can present post-dated EMI appraisals from a non-HDB Bank presentation at your closest HDB Bank Loan Center. Another differentiation in PDCs should be presented immediately. It will stupefy in case you note Post Dated Checks will be amassed non-ECS states as is normally said.
HDB Bank Gold Loan Contact Number
Call 9878981144 and get second assistance and sponsorship for your HDB Bank Gold Loan. You can know the best recommendation on Gold Loan open from all the HDB Bank Branches all through the country to benefit the best methodology fitting to your necessities.
Gold Ornaments Accepted by HDB Bank
Gold Jewelry: For instance, Gold Bangles, Gold rings, Gold anklets, Gold adornments, etc these are seen by HDB Bank for benefitting a Gold Loan.
Quality: The chance of gold should be between 18 Carat to 22 Carat. Any gold directing which is 24 Carat, can’t be used for benefitting a gold credit.
Use of HDB Bank Gold Loan
- The positive conditions guaranteed about by benefitting the HDB Bank Gold Loan affiliation can be utilized for a few reasons, for example,
- To support the unequivocal hypothesis, for example, marriage, climbing, a trace of front line organizing cost packs, and so on.
- For all your provoking necessities, for example, buying new deftly, making publicizing, along these lines, using a credit connection is accessible.
- You can other than benefit by a Gold Loan for green contemplations. The bank gives lower costs of gigantic for Gold Loans that are used for making or related undertakings.
Gold Loan Interest Rate of Major Banks
|
Bank |
Interest Rates |
|
7.00% – 14.50% |
|
| 7.00% – 16.10% | |
| Muthoot Finance Gold Loan |
7.00% – 24.00% |
| 7.00% – 17.00% | |
| Manappuram Gold Loan |
7.00% – 26.00% |
| 7.00% – 15.99% | |
| Bank of India Gold Loan |
7.00% – 26.00% |
| 7.00% – 13.50% | |
| IIFL Gold Loan |
7.00% – 12.00% |
| 7.00% – 14.65% | |
|
7.00% – 12.65% |
|
| Allahabad Bank Gold Loan |
7.00% – 10.45% |
| 7.00% – 15.75% | |
| PNB Gold Loan |
7.00% – 11.75% |
| 7.00% – 26% | |
| SBI Gold Loan |
7.00% – 15.99% |
| 7.00% – 15.99% | |
| UCO Bank Gold Loan |
7.00% – 26.00% |
| 7.00% – 13.50% | |
| Syndicate Bank Gold Loan |
7.00% – 12.00% |
FAQs About HDB Bank Gold Loan
- What is HDB Bank Gold Loan?
A gold credit from HDB Financial Services is a definitive answer for any earnest monetary needs. For a benefiting advance against gold, you simply need to promise your gold adornments or decorations with us. When you reimburse the gold credit sum with intrigue or charges (assuming any), your gold gems or trimmings are gotten back to you.
- How can I get the Gold Loan from HDB Bank?
You can get HDB Bank Gold Loan by visiting any of the gold advancement responsibilities parts of HDB Bank or you can apply online with bookmyloan from the solace of your home and get the best techniques and offers. HDB Bank is one of the national banks in India that gives the Gold Loan arrangement.
- What is Gold Loan Interest Rate in HDB Bank?
The Gold Loan Interest Rate in HDB Bank is 7.0% per annum.
- How much Gold Loan can I get per gram in HDB Bank?
You can get HDB Bank Gold Loan by visiting any of the gold improvement duties parts of HDB Bank or you can apply online with bookmyloan from the solace of your home and get the best system and offers. HDB Bank is one of the key banks in India that gives Gold Loan affiliation.
- How to check Gold Loan status in HDB Bank?
To check your HDB Bank Gold Loan status you should simply visit the HDB Bank Loan Status Tracker site page and fill in your subtleties in the structure given. You can no vulnerabilities, and, or buts follow the status of your headway from any spot and stay strengthened.
- How to calculate Gold Loan Interest in HDB Bank?
You can get capacity with the essentialness on your HDB Bank Gold Loan utilizing EMI Calculator which gives you careful aggregates subject to the data you go into the calling.
- How to Pay HDB Bank Gold Loan Interest Online?
You can pay the HDB Bank Gold Loan premium online through net ward upon the authority HDB Bank advance reimbursement page or obviously, you can in like way reimburse your HDB Bank Gold Loan on Paytm utilizing you’re kept up hole framework.
- What if I can’t pay the interest on HDB Gold Loan for 3 months?
In the event that you don’t pay your HDB Bank Gold Loan for 3 months, the bank will shape the beginning to assist you with investigating your pushing toward obligation. In the event that the part demands go unheard, a force veritable bearing is sent proposing the reimbursement and finish of the new unanticipated turn of events. Defaulting on your Gold Loan accomplishes a diminishing of your FICO assessment other than make you focused on challenging genuine activities by the bank including the seizure and offer of your gold.
- How can I apply for EMI Moratorium on HDB Capital Gold Loan?
You can apply for EMI Moratorium on HDB Bank Gold Loan now between the guideline March and 31st August 2020 and must be finished by showing up at the Bank client care or visiting the closest HBD Bank office.