Which bank has a low interest rate for gold loans?


Practically almost all banks have managed to maintain gold loan interest rates similar to each other. But just because a Bank offers lowest interest rates, it doesn’t mean that the Bank is the best.

Today we wish to tell you more about HDFC Gold loans. Everyone in India knows about HDFC Bank purely because of their fast services and that they service loans in even the most remote parts of the world. 

They are also known to offer the best gold loan in India. Yes, we say this because with an HDFC gold loan you can fulfill your urgent cash requirement and get the most out of your gold.

There are some more benefits too;

  • HDFC offers gold loan under their 'Sampoorna Bharosa Gold Loan' scheme where the tenure is decided on the quality of gold and the amount disbursed. Tenure of HDFC gold loan ranges from 6 months to 4 years.
  • To avail HDFC gold loan you need minimum documents.
  • HDFC best gold loan interest rate starts from 9.70% and goes up to 20.18%. These are the lowest interest rate available. But commonly the HDFC gold loan interest rate fall from 12% to 13%.
  • HDFC offers extremely flexible and many times customized repayment options and make pre-payments in a few installments.
  • HDFC gold loans are approved and disburse quickly. They can be approved within an hour and the borrower can get the loan money quickly.

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