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HDFC Gold Loan Interest Rates In Your Budget

What is the point of having significant amount of gold with you when you cannot use it at times when you need? Realizing this problem of common masses, HDFC bank has introduced an easy, safe, and simple process to unlock the value of gold that is with you without selling it.
Ensuing are some features of HDFC gold loan:

  • Flexible product structure with an aim to match your requirements
  • Decreased monthly outflow with just monthly interest which needs to be paid
  • No extra valuation for the gold purchased from the same bank
  • Loan is provided against gold coins and jewelry
  • Easy and quick documentation
  • Apply for loan up to 100% of the appraised value of gold
  • Assurance of fast loan disbursal
  • Guaranteed low HDFC bank gold loan interest rate
  • Guaranteed security of your gold

Benefits of applying for Gold Loan from HDFC

  • You can apply for loan up to 10,00,000 INR
  • You don’t have to worry about your EMI payment as you just have to service the interest payments on regular basis
  • With instant liquidity option you can enjoy ALT – Any time liquidity
  • The bank guarantees the safety and security of your gold assets
  • The HDFC gold loan interest rate is very low and reasonable

Documents required while applying for HDFC gold loan

  • 2 passport size snaps
  • Signature proof
  • Address proof
  • Identity proof
  • Filled application form

HDFC offers you gold loan instantly against your gold ornaments and jewelry. It is said that this loan is one of the most attractive loans that the customers are willing to take owing to the low HDFC bank gold loan interest rate. The HDFC gold loan interest rate keeps on changing and the current information or interest rate can be availed from the nearby HDFC bank branch. However it is claimed that the interest rate on gold loan of HDFC bank is very low in the market.

For an individual to apply for HDFC gold loan, his age must not exceed 65 years while he is also required to furnish true details and produce the required documents that proves that the gold is either owned by him or his family member. The HDFC gold loan review has shown that gold loan from this bank can be availed for a maximum tenure of 12 months while this amount can be paid back in EMIs.

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