HDFC Gold Loan in Mumbai

Last Updated : May 29, 2020, 7:38 p.m.

Is your bank is rejecting your personal loan application again and again? Then you must give a try to a gold loan instead of a personal loan. It is time to utilize your gold at home to take a loan against it. Individuals living in Mumbai find it difficult to manage the livelihood expenses. So, if due to any reason your personal loan application is rejected then you must go for an HDFC Gold Loan in Mumbai. Bandra, Worli, Juhu, Lokhandwala Complex, and Malabar Hills are some of the posh areas of Mumbai where it is difficult to afford luxury for middle-class people. If in case you are willing to afford luxury and your personal loan application is rejected then you must take a Gold Loan from the HDFC Bank. Let’s take a look at the details of this Gold Loan.

People of Mumbai Can Got Through the Details of the HDFC Gold Loan

Eligibility Criteria for the HDFC Gold Loan

• 18 Years is the minimum age for taking the HDFC Gold Loan .
• Salaried, Employees, self-Employed, Businessmen, Professionals, Pensioners, Students, and Home Makers can apply for the HDFC Gold Loan.
• The Purity of the gold against which you are taking a loan must be of 18 carats and above.
• Individuals must have a steady income so that he can repay the HDFC Gold Loan in Mumbai easily.

Rate of Interest of the Gold Loan of HDFC Bank in Mumbai

The Rate of Interest in Mumbai is 10.05% per annum. The maximum interest rate is 17.95% per annum on the HDFC Gold Loan. If you are having a good relationship with the bank then you will get a low rate of interest on the Gold Loan.

Documents Required for the Gold Loan from HDFC in Mumbai

• Passport Size Photo of the Individual.
• A copy of a Valid Passport
• Driving License
• Voter’s ID Card
• PAN Card
• Form 60
• Aadhar Card
• If you want a bullet repayment method then you will have to submit agri-filled occupation documents.

Valuation of the HDFC Gold Loan

If you are willing to apply for the HDFC Gold Loan then you must know the fact that you will not get the loan amount equal to the value of the gold you have mortgaged. The HDFC Bank will give you a lesser amount of loan then the gold given. The bank does so because the market value of the gold might increase or decrease depending upon the market fluctuations.

Following Criteria are considered before giving the gold loan:-

• Tenure Chosen for the Repayment of the Loan.
• Number of Ornaments mortgaged with the bank.
• A maximum of 10 ornaments can be given to take the HDFC Gold Loan in Mumbai.
• Weight of the Gold given to the bank.
• Carat of the Gold and it can be 18, 19, 20, 21, 22, and 24, carats.

HDFC Gold Loan Branches in Mumbai

• KHATIJA MANSION, 82 CYRUS AVENUE, DR. ANAND RAO NAIR ROAD, OPP. NAIR HOSPITAL, MUMBAI CENTRAL, MUMBAI, MAHARASHTRA – 400008
• KRISHNA KUNJ, 526, DUCAN WADI, GULALWADI, MAULANA AZAD ROAD MUMBAI MAHARASHTRA 400004
• HDFC BANK LTD SHOP NO G1, G2 & G3, MINI SUDARSHAN COOP. HOUSING SOCIETY 22 L.D RUPAREL MARG MUMBAI MAHARASHTRA 400006
• ELPHINSTONE HOUSE,17 MURZBAN ROAD, NEAR C S T VT MUMBAI MAHARASHTRA 400001
• SHOP NO 1, GUINEA PARADISE CHS LTD, JAI PRAKASH RD, NEAR SEVEN BANGLOW, VERSOVA, ANDHERI (W) MUMBAI MAHARASHTRA 400061
• PAL RESIDENCY, SHOP NO 2, PLOT NO 358 BHANDARKAR ROAD, MATUNGA (CR)MUMBAI MAHARASHTRA 400019
• PLOT NO. 16/17, 55, VICTORIA ROAD MUSTAFF BAZAAR, MAZGAON, BYCULLA MUMBAI MAHARASHTRA 400010
• GR.FLOOR, MAYFLOWER CHS LTD, OPP. MUKUND STEEL, LBS MARG,KURLA W. MUMBAI MAHARASHTRA 400070
• PLOT NO 278, GROUND FLOOR, SHER-E-PUNJAB CHS, MANCHANDA NIWAS, MAHAKALI CAVES ROAD, ANDHERI EAST MUMBAI MAHARASHTRA 400093
• RELIANCE INDUSTRIES (NOCIL), OPP GHANSOLI RLY STATION, THANE BELAPUR ROAD NAVI MUMBAI MAHARASHTRA 400701
• NATIONAL HOUSE, PLOT NO 13/14/15, SAHAR ROAD JUNCTION, WESTERN EXPRESS HIGHWAYVILE PARLEE-E MUMBAI MAHARASHTRA 400057
• THAKUR HOUSE, AKRULI ROAD, ASHOK NAGAR, KANDIVALI-EAST MUMBAI MAHARASHTRA 400101
• SHOP NO 5/6/7, JALARAM ASHISH, DEVI DAYAL ROAD, MULUND WEST MUMBAI MAHARASHTRA 400080
• 143, GROUND FLOOR SOONA MAHAL MARINE DRIVE, MUMBAI.
• SHOP NO A/2-2A,A/3-3A,THE KAILASESPLANADE,OPP. SHREYA TALKIES, LBS MARG, GHATKOPAR (WEST)MUMBAI-400086
• 60, AKBAR CHAMBERS, GROUND FLOOR, MOHAMED ALI ROAD. MUMBAI MAHARASHTRA 400003
• SHOP NO 9,10,11 AND 56, GROUND FLR, PLOT NO 21, SECTOR 11, CBD BELAPUR NAVI MUMBAI MAHARASHTRA 400614
• SHOP NO 6,7 AND 8, LAXMI MARKET,SECTOR 19, VASHI NAVI MUMBAI VASHI MAHARASHTRA 400614
• ADITYA BIRLA CENTER, D, WING, FIRST FLOOR, S K AHIRE MARG, WORLI MUMBAI MAHARASHTRA 400025
• RNA CORPORATE PARK, NEXT TO COLLECTORS OFFICE, KALA NAGAR ,BANDRA EAST MUMBAI MAHARASHTRA 400051
• POOJA TOWERS, GR FLOOR EVERSHINE CITY VASAI (E),THANE MAHARASHTRA
• IMPERIAL MAHAL, GR FLOOR KHODADAD CIRCLE DADAR T.T.MUMBAI MAHARASHTRA 400005
• D.VACHA ROAD 122 BACK BAY RECLAMATION,CHURCH GATE MUMBAI MAHARASHTRA 400020
• EL-DORADONARAYAN DHURU MARG OPP. VEER SAVARKAR MARG, PRABHA DEVI MUMBAI MAHARASHTRA 400025
• SHOP NO 4,5,6 & 7 OPP AKBARALYS,609 V N PURAV MARG, CHEMBUR MUMBAI MAHARASHTRA 400071
• GROUND FLOOR, JAYA BHADRA VILLAS.V.P ROAD BORIVALI (W)MUMBAI MAHARASHTRA 400092
• PRUDENTIAL BUILDING, GROUND FLOOR, HIRA NANDANI BUSINESS PARK,POWAI MUMBAI MAHARASHTRA 400076
• HDFC – ANNEXE, PLOT NO. 82 SECTOR 17, VASHINAVI MUMBAI MAHARASHTRA 400703
• LINDEN HOUSE, GR FLOOR MAHAKAVI BHUSHAN MARG BEHIND TAJ MAHAL HOTEL,COLABA MUMBAI MAHARASHTRA 400039
• S’ANA BUILDING LINKING ROAD SANTACRUZ (W)MUMBAI MAHARASHTRA 400054
• FMR BUILDING 84 A, R.G.THADANI MARG WORLI MUMBAI MAHARASHTRA 400018
• ANCHORAGE BUILDING 170/171 CENTRAL AVENUE CHEMBUR MUMBAI MAHARASHTRA 400 071
• SHAPOORJI PALLONJI BUILDING,DR SHIRODKAR MARG, NEAR KEM HOSPITAL,OPP BATA SHOWROOM MUMBAI-400012