How to Apply for Gold Loan?

If you have pressing financial needs, an HDFC Bank Gold Loan could be the solution you’re looking for. Whether you need funds for business expenses, unexpected costs, or bill payments, a gold loan offers a quick way to access your capital.

Gold is a valuable asset that provides both security and stability. You can secure funds at competitive interest rates tailored to your specific needs by leveraging your idle gold. Gold loans can help you manage various financial requirements, including business and medical expenses, without depending on external sources. However, please note that these funds cannot be used for purchasing gold or jewellery.

Here’s a comprehensive guide on how to apply for a gold loan from HDFC Bank:

• Quick Disbursal: One of the standout features of a Gold Loan is its fast approval process. You can receive your loan within 45 minutes of application, making it an ideal solution for urgent financial needs.
  
• Competitive Interest Rates: HDFC Bank offers competitive interest rates on gold loans, ensuring you get the best deal for your financial needs.
  
• Flexible Loan Offerings: Choose from various loan types, including Term Loans, Overdrafts, and Bullet Repayment options, tailored to your financial situation.
  
• Customisable Tenure: The loan tenure is designed to align with your repayment ability. Options range from 6 to 24 months, providing flexibility based on your financial capacity.
  
• Loan Amount: Gold loans start at ₹25,000, with the exact amount depending on the valuation of your gold jewellery. Only jewellery is considered as collateral for the loan.
  

You can apply for an HDFC Bank Gold Loan using either of the following methods:

Online Application

Through the HDFC Bank Website

• Visit the Website: Go to the HDFC Bank website. Select ‘Loans’ from the drop-down menu under the ‘What are you looking for’ section. Choose ‘Gold Loans’ from the options provided.
  
• Fill in Details: Enter your personal and income details as requested and submit the form.
  
• Loan Executive Contact: An HDFC Bank loan executive will contact you to assist with your loan application.
  

Through EVA, the ChatBot

• Initiate the Process: Visit the HDFC Bank website and click on EVA, the ChatBot, located at the bottom right of the page.
  
• Follow Instructions: Follow EVA’s instructions to complete your Gold Loan application.
  

Traditional Application

In-Person Visit

1. Step 1: Go to the nearby HDFC Bank branch with your gold jewellery.
   
2. Step 2: The bank will assess the value of your gold.
   
3. Step 3: You can secure your loan in less than 45 minutes with minimal documentation.