Multiple banks. Different interest rates. Call it a "conflict of interest".
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    We found 1 HDFC Gold Loan

    Bank Name
    Interest Rate Range
    Processing Fee Range
    Loan Amount
    Tenure Range
    10.99% - 19.8% Fixed
    Up to 2% One time fee
    25L Max
    1-5 years
    Response Time Within 30 minutes
    Paperless approval option available
    What you'll love
    Documents
    Perks
    Think about
    Fees & Charges
    Good to Know
    Eligibility Criteria
    Customer Reviews

    HDFC Gold Loan is Rated as "Great!" by 12717 Users

    Fees & Charges

    Promised Interest Rate

    Customer Service

    Responsiveness

    Personal Loan BYTES FROM OUR KITCHEN

    Overview about HDFC Gold Loan

    Gold is a lucrative investment, offering great returns at low risks, with Indians accounting for a major portion of gold purchased globally. A unique advantage of investing in gold is the liquidity it offers, with it easy to avail a loan against it. HDFC Bank offers a specialised gold loan scheme, Sampoorna Bharosa Gold Loan, designed to provide financial aid to individuals in lieu of their gold. Available across all HDFC branches in the country, it is an easy to avail loan which can be used to meet multiple financial requirements.

    Features of HDFC Gold Loan

    Some of the distinguishing features of HDFC Sampoorna Bharosa Gold Loan are highlighted below.

    • Multipurpose loan – Loan amount can be used to meet any genuine financial requirement.
    • Quick approval – Minimal documentation results in quick approval, minus any hassles and delays.
    • Loan amount – Individuals can avail loan amounts which suit their needs, with HDFC Bank open to consider loan amounts on a case by case basis.
    • Prepayment – Borrowers can prepay the loan, without worrying about excessive prepayment charges.
    • Competitive interest rates – Interest charged by HDFC Bank on this gold loan scheme is highly competitive, with special rates offered under certain circumstances.
    • Transparent – There are no hidden charges, with transparency maintained at all stages.
    • Safety – The collateral pledged by individuals is kept safe, with a 3 tier sealing system in place.
    • Low processing fee - Borrowers are charged a minimal processing fee, keeping general trends and competition in mind.
    • Flexible repayment – The loan can be repaid through flexible EMIs, with borrowers having an option to choose a tenure which suits their repayment needs.

    HDFC Gold Loan Interest Rates

    Interest rates charged by HDFC on its Sampoorna Bharosa Gold Loan vary depending on the loan tenure, amount and borrower. Current rates range between 9.70% per annum and 20.18% per annum, with the quality of gold also playing an important role in determining this rate. Average rates charged by HDFC Bank fall in the range of 12-13% per annum, making it highly competitive.

    HDFC Bank offers special rates to women and existing customers of their products and services.

    Note: Rates mentioned above are as of May 2016, with these rates subject to change without any notice. Applicants should check the rates applicable before availing a loan.

    Eligibility criteria to avail HDFC Gold Loan

    Individuals who wish to avail this gold loan need to satisfy a few basic criteria.

    • Income – Applicants should have sufficient income to repay the loan amount.
    • Security – Applicants can avail this loan only on providing security in the form of gold.

    Documents required for HDFC Gold Loan

    HDFC has minimised the documentation process for this loan offering, with a single page procedure in place. The following documents need to be submitted in order to process an application.

    • Valid ID proof – Valid government approved ID proof (PAN card, Passport, DL, etc.)
    • Valid address proof – Valid government approved address proof (utility bill, passport, Aadhar card, ration card, etc.)
    • Application form – Duly filled and signed application form

    HDFC Bank might ask for any other documents it feels are necessary to complete application formalities.

    Fees and charges associated with HDFC Gold Loan

    The table below highlights the various charges associated with this gold loan.

    Fee/Charge type Fee/charge amount
    Processing fee* 0.5% of loan amount
    Prepayment/foreclosure charges

    Max – 1%

    Borrowers can also approach the bank to waive off such charges

    Valuation fee

    Max – Rs 500, for loans over Rs 1.5 lakhs

    Min – Rs 250, for loans up to Rs 1.5 lakhs

    Renewal charges Rs 250 (maximum)

    *Note: HDFC Bank may choose to waive the processing fee, at its sole discretion, based on its relationship with a borrower.

    HDFC Gold Loan FAQs

    1. How long does it take to get a loan application approved?

      HDFC’s Sampoorna Bharosa Gold Loan has been designed as an over the counter loan, with it possible to avail a loan in under an hour, subject to applicants meeting certain basic eligibility criteria.

    2. What is the repayment tenure for this loan?

      This loan comes with flexible repayment tenures, ranging between 6 months and 4 years.

    3. What is the minimum loan amount offered under this scheme?

      A. The minimum loan amount has been kept at Rs 50,000 for urban markets. Rural borrowers can avail loans below this amount, with HDFC Bank open to offer loans on the basis of individual requirement.

    4. Are there any purposes for which this loan cannot be used?

      Yes, this loan can be used only for personal/business use, with HDFC prohibiting the use of this loan to purchase gold, land or market speculations.

    5. Is it possible to get a lower interest rate on this loan?

      Yes, existing customers can negotiate interest rates with the bank, availing an opportunity to lower rates.

    6. Can one apply for this loan online?

      Yes, individuals can apply for this loan online, by logging onto the official website of HDFC Bank, India.

    Display of any trademarks, tradenames, logos and other subject matters of intellectual property belong to their respective intellectual property owners. Display of such IP along with the related product information does not imply BankBazaar's partnership with the owner of the Intellectual Property or issuer/manufacturer of such products.

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  • HDFC Gold Loan Reviews

    • HDFC Bank Personal Loan
      "Useless bank"
      0.5 0.5/5 "Unacceptable"
      Dont apply personal loan with HDFC. 1st they will call you telling, Sir you have a HDFC salary account so you are eligible PL for 3 lakhs, when i applied they said sir your personal loan is rejected as it did not met internal policies. My Cibil was 765 No other loans PAN CARD AADHAR is upto the mark Salary is 36K take home Address proof also is Authentic. Then why, they only say did not met internal criteria, if did not met that, why the hell you call at all asking us to take a loan with you(HDFC). Opt for ICICI or Axis guys don't use HDFC. Regards
      Was this review helpful? 0
      , bangalore
      Reviewed on Jul 21, 2017
    • HDFC Bank Personal Loan
      "Good service"
      0.5 4.0/5 "Great!"
      The HDFC bank service is really good in concern to my personal loan. The customer service and the response was good with HDFC bank. The rate of interest is nominal with HDFC bank. I have choose the HDFC bank for my personal loan because of their low interest rate.
      Was this review helpful? 0
      , pune
      Reviewed on Jul 19, 2017
    • HDFC Bank Personal Loan
      "Good service"
      0.5 5.0/5 "Blown Away!"
      HDFC bank just took 2 days of time to disburse my personal loan. The customer service and the response is really good with HDFC bank. The only problem with HDFC bank is I need to pay back the loan EMI only through Cheque. The required loan amount has been approved and given . The rate of interest is nominal with HDFC bank.
      Was this review helpful? 0
      , chennai
      Reviewed on Jul 19, 2017
    • HDFC Bank Personal Loan
      "Average Service"
      0.5 4.0/5 "Great!"
      I didn't choose HDFC bank for the personal loan because of the interest rate and charges. The customer service and the response is good with HDFC bank. The rate of interest need to be reduced in future. The service rendered by HDFC Bank is very much average.
      Was this review helpful? 0
      , sonepat
      Reviewed on Jul 18, 2017
    • HDFC Bank Personal Loan
      "Good service"
      0.5 5.0/5 "Blown Away!"
      I have got a call from HDFC bank executive they have explained me about the product, they have promised me that they will give a call back but no one turned up in concern to my personal loan application. The service need to be quick and fast with bank . The rate of interest is nominal with HDFC bank.
      Was this review helpful? 0
      , chennai
      Reviewed on Jul 18, 2017
    • HDFC Bank Personal Loan
      "Good service"
      0.5 4.0/5 "Great!"
      On a general note , I am happy with the service offered by HDFC. They gave response within 3 days of time. The customer service and the response was good with HDFC bank. I got to know about HDFC personal loan through a middlemen who supported me to get the loan. The rate of interest and the charges are better than ICICI bank. I would say HDFC bank gives very good service to their existing customers.
      Was this review helpful? 0
      , hyderabad
      Reviewed on Jul 18, 2017
    • HDFC Bank Personal Loan
      "Good service"
      0.5 4.0/5 "Great!"
      HDFC bank hardly took 3 days of time for the loan disbursal. They have offered the loan with an interest rate of 13.5%. The customer service and the response was good with HDFC bank. The required loan amount has been disbursed. I am happy and satisfied with the loan amount offered.
      Was this review helpful? 0
      , ariyalur
      Reviewed on Jul 18, 2017
    • HDFC Bank Personal Loan
      "Approachable Service"
      0.5 5.0/5 "Blown Away!"
      HDFC has completed the personal loan process in one and a half week. Also, they did not ask for too many documents. The loan process was very prompt and it was very good. Moreover the interest rate provided was 11.5% which is good when compared with other banks. Overall the service rendered by them is really good.
      Was this review helpful? 0
      , bangalore
      Reviewed on Jul 17, 2017
    • HDFC Bank Personal Loan
      "Good Process"
      0.5 5.0/5 "Blown Away!"
      It was a long back process with HDFC bank for the personal loan. I took this loan about two years ago. The bank quoted the corporate interest rate of 13.25%. The loan process went good with the bank and there was no challenge with the bank for the loan.
      Was this review helpful? 0
      , ankleshwar
      Reviewed on Jul 13, 2017
    • HDFC Bank Personal Loan
      "Response part has to be improved"
      0.5 1.0/5 "Really Bad"
      HDFC collected many documents from me like Aadhar card, pan card, bank statements, payslip, photos and cheque leaves etc. After collecting the documents there were no response from HDFC end. I tried reaching their landline number, which I got a call but call line was not connected. It would be great if they provides some direct mobile no to reach them for any queries.
      Was this review helpful? 0
      , ghaziabad
      Reviewed on Jul 13, 2017
    • HDFC Bank Personal Loan
      "Good Service"
      0.5 5.0/5 "Blown Away!"
      HDFC bank quoted 10.99% of interest rate for the personal loan with the processing fee of .99%. WHen I checked for the loan with ICICI bank where they quoted 17.99%. So my personal loan is almost done with HDFC bank. I am completely happy with the service rendered by HDFC.
      Was this review helpful? 0
      , jamshedpur
      Reviewed on Jul 13, 2017
    • HDFC Bank Personal Loan
      "Good Service"
      0.5 5.0/5 "Blown Away!"
      HDFC provided the personal loan in a form of preapproved loan. I got this loan with the interest rate of 18.25%. The bank sanctioned the loan on time and there was no issues during the loan process. Almost I had completed the loan, still few more EMIs are there to finish.
      Was this review helpful? 0
      , ariyalur
      Reviewed on Jul 13, 2017
    • HDFC Bank Personal Loan
      "Approachable "
      0.5 5.0/5 "Blown Away!"
      HDFC bank quoted 11.75% for the personal loan and I am comfortable with their rating so I applied with them for the loan. Now it is in process and I am getting good response and proper followups from the bank. Their customer service is good to approach.
      Was this review helpful? 3
      , salem
      Reviewed on Jul 12, 2017
    • HDFC Bank Personal Loan
      "Interest rate should be reduce"
      0.5 3.0/5 "Satisfactory"
      I didn't avail HDFC personal loan, because my requirement was fulfilled hence is no need to take it. But HDFC is very supportive they ready to sanction the required amount but I denied, service wise is also good, they have called and gave me list of documents for the personal loan.
      Was this review helpful? 0
      , new delhi
      Reviewed on Jul 12, 2017
    • HDFC Bank Personal Loan
      "Better Service"
      0.5 3.5/5 "Pretty good"
      When I applied for the personal loan with HDFC bank. My requirement was not fulfilled. Actually I applied for 3.5 lakhs but the bank approved the loan for 1.5 lakhs so I dropped the plan. Otherwise the responses are good and they are very much approchable too,
      Was this review helpful? 0
      , pune
      Reviewed on Jul 12, 2017
    • HDFC Bank Personal Loan
      "Dissatisfied"
      0.5 1.0/5 "Really Bad"
      I had applied for personal loan with HDFC Bank and it has not been a satisfactory experience. I am not happy with the way they handle customers. They have contacted once and they have said my loan cannot be processed because they do not provide loan only for personal not for commercial use. This process was not accepted by the bank.
      Was this review helpful? 0
      , hyderabad
      Reviewed on Jul 12, 2017
    • HDFC Bank Personal Loan
      "Prompt Service"
      0.5 5.0/5 "Blown Away!"
      During the year 2013, I availed the personal loan from HDFC bank. The interest rate for the loan is around 12% which is nominal when compared with other banks. Even their customer service is very much approachable. The bank sanctioned the loan and it was very much on time.
      Was this review helpful? 0
      , ahmedabad
      Reviewed on Jul 12, 2017
    • HDFC Bank Personal Loan
      "Very good service"
      0.5 4.0/5 "Great!"
      I am going to get the loan amount from HDFC bank soon, the personal loan got approved within a week time and they are ready to disburse the loan at present. The rate of interest is nominal with HDFC . The customer service and the response is good with HDFC bank. I am very much happy with the loan amount which was offered by HDFC.
      Was this review helpful? 0
      , gulbarga
      Reviewed on Jul 12, 2017
    • HDFC Bank Personal Loan
      "Better service"
      0.5 5.0/5 "Blown Away!"
      I got a call from HDFC bank executive after applying for personal loan. They asked to submit all the required documents. The customer service and the response part with HDFC need to be quick and fast in future. The rate of interest is nominal with HDFC bank. I would say it is a better service.
      Was this review helpful? 0
      , khammam
      Reviewed on Jul 12, 2017
    • HDFC Bank Personal Loan
      "Good Service"
      0.5 4.0/5 "Great!"
      I preferred HDFC bank for the personal loan and I applied for the loan with the help of third party website. But I had to postpon my plan and I am willing to take the loan during the month of November. Due to some reason I postponed it otherwise I do not have any issues with HDFC. In fact, I received good response from the bank.
      Was this review helpful? 0
      , mumbai
      Reviewed on Jul 12, 2017
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