Charges
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Current Charges
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|---|---|
Loan processing charge (processing fee)
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Maximum 1% of Disbursal Amount + Applicable Taxes
|
Valuation Charges
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Nil for loan amounts up to 3 lacs per packet per loan
|
Rs 750 +applicable tax for loan above 3 lacs - Up to 10 Lacs per packet per loan
|
|
Rs 1500 +applicable tax for loan above10 Lacs per packet per loan
|
|
Premature closure charges (Full or Part payment)
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Day 1 to Day 30 - 2% on principal outstanding + applicable tax
Day 31 to Day 180 – 1% on principal outstanding + applicable tax |
Penal charges, if any in case of delayed payment
|
1) Payment return charges Rs 450+ Applicable Tax
2) Delayed payment charges of 1.5% + Tax per month |
Stamp Duty and Other statutory Charges
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As per actuals which are applicable in laws of the state.
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Bureau Charges
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As per Bureau
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Legal and Incidental charges
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As per actual
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Auction Charges
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As per Actual
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Note:
• GST and other Government taxes levied etc. applicable as per prevailing rate will be charged over and above the Fees and Charges.
• Loan processing fees & Stamp duty is non-refundable.
• 10% discount to senior citizens on all the charges.
• The fees and service charges mentioned in the key fact statement shall be deemed to be considered as issuance of receipt
The interest rates applied by HDFC Bank on its Gold Loan differ based on factors such as loan duration, amount and borrower's profile.
If the price of gold rises, the value of the gold used as collateral also rises. This implies that you can obtain a higher loan amount or a more favourable interest rate for your Gold Loan.
The delayed instalment payment charge incurs an interest rate of 18% per annum, along with applicable government taxes, on the overdue instalment amount.
Terms & Conditions