HDFC Bank Gold Loan Interest Rates

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HDFC gold loan Interest Rate starts at 11.50%. This is applicable to both new and prevailing customers. The actual interest rates on HDFC jewel loan, however, vary depending on the purity of gold, loan value and loan to value ratio. A gold loan can be used to meet any financial contingency such as medical emergency, travel, vehicle or home repair, and other personal and business need such as wedding, business expansion, working capital, etc.

At Loanbaba, you will get all details about HDFC Bank Gold Loan. You can even apply for the jewellery loan by HDFC bank on our website.

Gold Loan


Interest Rates on HDFC Gold Loan

HDFC Jewel Loan Interest Rate starts from 11.50%

Processing Fee

1.50% on the loan value


3 - 24 months

Loan Value

Rs. 25,000 – Rs. 50 lakhs

Prepayment Fee

2% applicable if prepaid within 3 months

Gold Loan Scheme

Bullet Repayment Scheme

EMI Scheme

Overdraft Scheme

HDFC Gold Loan Interest Rates updated on

All banks in general, including HDFC Bank, offer gold loans for agricultural purposes at concessional rates. This is because the agricultural sector comes under the priority sector for the banks. Interest rates on agricultural loans may be as low as 1-2%. Currently, for general customers the HDFC Bank Gold Loan Rate starts at 11.50%.

HDFC Gold Loan

In order to opt for HDFC Bank gold loan you should be aware of the following details too.

  • Why take the Gold Loan? Opt for the loan to meet personal and business needs.
  • Collateral: Pledge your gold jewellery to opt for the loan
  • Type of Gold Acceptable: The bank accepts gold coins and gold jewellery up to 50 grams. The purity of the gold should be between 18 - 22 carat
  • Who gets the loan: Any individuals above 18 years of age can opt for the loan. This includes salaried individuals, businessmen, self-employed professionals, homemakers, pensioners as well as students.

HDFC Gold Loan Interest Rate Calculator

While the lowest interest rates applied by the bank are 11.50%, one can calculate exact interest rates based on the different factors applicable. This includes loan value, the term of the loan and the percentage of gold in jewellery. Existing account holders may get added benefits compared to new customers.

Here is how the HDFC Gold Loan Interest Rate Calculator takes into account to determine the interest rate on jewel loan.

  • Loan Amount: The amount of loan is subject to the weight of jewellery you pledge with the bank. It is calculated per gram of gold; thus, may differ on factors like gold purity and loan to value ratio. Higher loan values attract lower interest rates. The amount may vary between Rs. 25,000 to 50 lakhs.
  • Relationship with the Bank: A good relationship with the bank can get you special concessions and offers. So, if you have a good repayment history, you are likely to get loans at much lower rates compared to other customers.
  • Tenure of the loan: Low tenure of the loan attracts higher interest rates and vice versa applies. The tenure of the Gold Loan at HDFC Bank should be between 3 – 24 months.
  • Loan to Value ratio: The loan to value ratio is fixed at 75% by RBI. The Bank however also provides loans at lower LTVs. The rate of interest on lower LTV loans shall be less compared to higher LTV loans. The highest LTV HDFC Bank offers is 75% of the net weight of gold in the jewellery.

Documents Required for HDFC Gold Loan

The documents required for HDFC Bank gold loan are minimal. Also, the documentation procedure is smooth. One has to submit proof of identity and address to avail the jewel loan. Here is a list of address and identity proofs to submit.

Below-given are pointers that Canara Bank Gold Loan Interest Rate Calculator takes into consideration.

  • Identity proof (any one of the following): PAN Card, Passport, Driving License, Aadhar Card, Voter’s ID card, etc.
  • Address proof (any one of the following): Aadhar Card, Bank Statement, Rent Agreement, Voter’s ID card, Utility Bills, etc.

Benefits of Taking an HDFC Jewel Loan

Below-given are some of the benefits of HDFC jewellery loan in India.

  • You can apply for the loan on Loanbaba and quickly fill the application form. It takes under 2 minutes to apply for the loan.
  • After loan application review, other procedures are done swiftly so that you can get the funds the same day or as soon as 45 minutes of the loan approval.
  • You can use the funds as soon as disbursal for any business or personal need. Being a multi-purpose loan, the funds can be withdrawn as per your convenience and requirement.

Why Apply for HDFC Bank Gold Loan on Loanbaba?

Loanbaba is a one-stop destination for all your loan needs, including a loan against gold. Here, you can get to know all the details about HDFC jewel loan, eligibility criteria, tenure, loan amount, and other terms and conditions, without having to look elsewhere.

  • Free to Use Financial Tools: You can use the free-of-charge loan EMI calculator and Eligibility calculator on our website to understand the eligibility for loan and instalment amount to pay every month to the bank.
  • Quick Response from Customer Care: Reach us any time within working hours, and we will be glad to help you be it resolving any queries about loan against gold or seeking help with loan application.
  • Track Loan Application: Once you create an account on our website and make an application, you can keep a track of the loan application and know the live status for the same.

How to Apply for HDFC Gold Loan in India?

You can apply for gold loan HDFC on our website. Simply access the gold loan application section on and provide us a few details about your loan requirement. Mention the weight of gold you posses and other details. You need to attach the soft-copy of the required documents with the loan application so we can smoothly process the application.

  • After reviewing the application, one of our executives will give you a call to discuss the requirement and the eligibility for the loan.
  • If all is acceptable, then you need to visit the bank for gold valuation.
  • After receiving gold appraiser certificate, the bank will approve a loan amount, and decide other details such as interest rate, tenure, and other terms and conditions.
  • On final approval of the loan, the fund will be disbursed instantly or within a few hours to your registered bank account.

Apply for Gold Loan

Frequently Asked Questions on HDFC Gold Loan Interest Rate

Below-given are FAQs about HDFC gold loan and rate.

Following charges may be added along the interest charges on the loan:

  • Processing fee – The processing fees applies at 1.50% on the loan value but may be even more. To make it to the lowest fee and interest rates, check out the cashback offers and discounts at Loanbaba.
  • Prepayment and foreclosure charges – HDFC Bank allows prepayment of the loan. The prepayment or foreclosure charges are 2% if payment made within three months.

In overdraft facility, loan against gold is provided to borrowers, who can withdraw funds or deposit additional amount in their loan account during the loan tenure. The borrower has to pay only interest amount on the credit used. This scheme is useful for salaried borrowers earning annual bonuses or self-employed individuals. There is no lock in period or prepayment penalty. Floating rate of interest is applicable.

This loan scheme offers the option to repay jewel loan in form of equated monthly instalments. Every month, one has to pay an EMI to HDFC Bank. This instalment amount consists of both principal and interest to be repaid. The interest component is higher in the first few EMIs, which then reduces with every EMI. This gold loan scheme is prominent amount pre-approved offers and for the existing customers of the bank.