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 2.5% 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 12604 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
      "Instant loan "
      0.5 4.0/5 "Great!"
      They have started a new process with the HDFC personal loan. We can apply the Personal Loan through net banking and we just need to apply the documents in the portal and within 15 hours they have provided me a credentials id & password where I have tracked my personal loan application . The loan got approved within 24 hours of time. The banking service is really good and giving instant service to the customers. I am happy about the loan amount. The required amount has been given by HDFC bank. The Value added service like vouchers and online purchasing offers were given. The rate of interest is nominal with HDFC bank.
      Was this review helpful? 1
      , lucknow
      Reviewed on Jun 23, 2017
    • HDFC Bank Personal Loan
      "They be clear about the percentage"
      0.5 4.0/5 "Great!"
      HDFC charged me 14.75% of interest for the amount of Rs.5 lakhs it is higher side compared to other competitor. But Initially they committed they were providing around 11% but finally it was processed it for 14.75%, But I am happy with their service, they done fast loan. process. I would like to suggest them, to clear information about the interest rates.
      Was this review helpful? 0
      , bangalore
      Reviewed on Jun 23, 2017
    • HDFC Bank Personal Loan
      "Good experience"
      0.5 5.0/5 "Blown Away!"
      My personal loan is from HDFC Bank and the I got the loan in a jiffy. The bank has offered me a good deal on the interest rate and they were decent in the charges as well. The paper work is simple and overall I have no issues even for the after loan services.
      Was this review helpful? 0
      , nagpur
      Reviewed on Jun 23, 2017
    • HDFC Bank Personal Loan
      "Good Service"
      0.5 4.0/5 "Great!"
      Presently, I dont require any loan from HDFC Bank because there was no requirement for loan. The loan process is very much easy and the response provided by HDFC Bank is really good. The rate of interest is very high when compared with others. AXIS Bank is ready to offer the loan with an interest rate of 11 to 12% even the processing fee is also very high with HDFC.
      Was this review helpful? 0
      , haridwar
      Reviewed on Jun 23, 2017
    • HDFC Bank Personal Loan
      "Process is good. High on ROI"
      0.5 4.0/5 "Great!"
      My personal loan is from HDFC Bank and it was a clear and smooth process to get my loan through. The customer services are good and the documentation is minimal. The disbursement happened on time. But the bank is high on the rate of interest and processing charges.
      Was this review helpful? 0
      , bangalore
      Reviewed on Jun 23, 2017
    • HDFC Bank Personal Loan
      "Interest rate should be flexible as other competitor"
      0.5 3.0/5 "Satisfactory"
      HDFC were providing the interest rate around 14.25% it was high compared to other banks, Hence I don't have interest to process with HDFC. I asked them to reduce but they said it was the reversed one. In term of service wise HDFC is really good as they called me twice.
      Was this review helpful? 0
      , srinagar
      Reviewed on Jun 23, 2017
    • HDFC Bank Personal Loan
      "Smooth process"
      0.5 4.0/5 "Great!"
      HDFC Bank has offered me a personal loan and it was a easy process to get my loan with less paper work. I also got a good deal on the interest rate and charges and the loan amount was to my satisfaction. The after loan services is also convenient and easy.
      Was this review helpful? 0
      , madurai
      Reviewed on Jun 23, 2017
    • HDFC Bank Personal Loan
      "Good Service"
      0.5 3.5/5 "Pretty good"
      I got calls from different HDFC bank executives . The rate of interest is higher than normal. The customer service with HDFC bank need to maintain a data base and they need to work on the interest rate. The service with HDFC bank is good and I am satisfied.
      Was this review helpful? 0
      , mumbai
      Reviewed on Jun 23, 2017
    • HDFC Bank Personal Loan
      "Delayed response"
      0.5 1.0/5 "Really Bad"
      HDFC Bank did contact me for the personal loan, but they did after 10 days which did not serve the purpose. It has not been a very good experience for this application. Since I needed the funds, I found another solution for the funds. Not sure on the interest rate. I would recommend them because I bank with them already and they are good otherwise.
      Was this review helpful? 0
      , porbandar
      Reviewed on Jun 23, 2017
    • HDFC Bank Personal Loan
      "Need Improvement"
      0.5 1.0/5 "Really Bad"
      The HDFC bank didn't gave the proper response in concern to my personal loan application, even I tried calling them but there was no response from the HDFC bank. The rate of interest is low when compared with others. It would be great if the HDFC bank gives prompt response to the customers.
      Was this review helpful? 0
      , hyderabad
      Reviewed on Jun 23, 2017
    • HDFC Bank Personal Loan
      "Excellent process"
      0.5 5.0/5 "Blown Away!"
      I had taken a personal loan HDFC Bank and after me applying for it online. They asked me to upload my documents on the portal and the process started off. I got the disbursement on time and without any hassles. The interest rate and processing charges was also a good deal.
      Was this review helpful? 0
      , pune
      Reviewed on Jun 23, 2017
    • HDFC Bank Personal Loan
      "Require more competitive interest rate"
      0.5 3.0/5 "Satisfactory"
      The reason why I did not avail the personal loan from HDFC bank because I got better offer from other banks. The rate of interest is high with HDFC when compared with others, so that was the reason I can't proceed with HDFC bank. The customer support with HDFC bank was good. The banking Service is also very good with HDFC bank.
      Was this review helpful? 0
      , kolkata
      Reviewed on Jun 23, 2017
    • HDFC Bank Personal Loan
      "Not Satisfactory"
      0.5 1.0/5 "Really Bad"
      Though I am an existing customer of HDFC Bank, getting a personal loan from this bank has always been a hassle. My current experience is also not satisfactory and I waited for two days to receive a call. So I went ahead with another bank and got my loan through.
      Was this review helpful? 0
      , raipur
      Reviewed on Jun 23, 2017
    • HDFC Bank Personal Loan
      "Overall good"
      0.5 5.0/5 "Blown Away!"
      HDFC Bank was very much responsive for the personal loan which I had applied for. I had placed a request on the weekend and on Monday I got the funds arranged through my personal source. So I did not go ahead and cancelled the application. The bank was high on the rate of interest and charges and I still wish to give them five stars because there is nothing much I could do about it.
      Was this review helpful? 0
      , pune
      Reviewed on Jun 23, 2017
    • HDFC Bank Personal Loan
      "Customer friendly process"
      0.5 5.0/5 "Blown Away!"
      My relationship manager called and approached for the personal loan I have processed with them. Within couple of day loan got successful .I took the personal loan of Rs.5 lakhs for tenure of five years with the interest rate of 11% it is nominal.
      Was this review helpful? 0
      , thiruvallur
      Reviewed on Jun 23, 2017
    • HDFC Bank Personal Loan
      "Satisfactory"
      0.5 5.0/5 "Blown Away!"
      I had taken a personal loan five years ago from HDFC bank and it was a nice experience as I did not face any challenges to get my loan through. The interest rate and processing charges was at par with the market at the moment and the after loan services has also been nice.
      Was this review helpful? 0
      , new delhi
      Reviewed on Jun 23, 2017
    • HDFC Bank Personal Loan
      "Good Service"
      0.5 3.0/5 "Satisfactory"
      I had also applied for the Personal loan with ICICI bank, I had compared the Interest rate offered by HDFC and ICICI bank, I thought ICICI bank was ready to offer the loan with lesser interest rate, so I have choose the best, that was the reason I haven't got the loan from HDFC bank. The customer service rendered by HDFC bank was good. They have explained me about the product and the rate of interest is high with HDFC bank. To conclude, it was a good service offered by HDFC Bank.
      Was this review helpful? 0
      , hyderabad
      Reviewed on Jun 23, 2017
    • HDFC Bank Personal Loan
      "Average"
      0.5 3.0/5 "Satisfactory"
      I have taken a personal loan from HDFC Bank earlier and it has not been up to the mark. The process could have been more quick and the customer support should have communicate better. The interest rate and charges was also on the higher side when compared to other banks.
      Was this review helpful? 0
      , bangalore
      Reviewed on Jun 23, 2017
    • HDFC Bank Personal Loan
      "Hassle free experience"
      0.5 4.0/5 "Great!"
      HDFC done very fast personal loan process, within two to three days they have sanctioned the loan and they have fulfilled my requirement. I was looking for Rs.10 lakhs of loan amount, HDFC offered me the same for the tenure of five years and with the interest rate around 11% its good.
      Was this review helpful? 0
      , chennai
      Reviewed on Jun 22, 2017
    • HDFC Bank Personal Loan
      "Below average service"
      0.5 1.0/5 "Really Bad"
      The HDFC didn't give any kind of response in concern to my personal loan application. I was trying to reach their executives several times, but they are not giving any response. At least they need to give the status of the product to the customers. The rate of interest is nominal with HDFC bank. The HDFC service need to be improved a lot.
      Was this review helpful? 0
      , patna
      Reviewed on Jun 22, 2017
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