HDFC Bank Xpress Gold Loan Offer This Festive Season: Check Features, Interest Rates and Repayment Options
With increased spending across households during the festive season, having instant access to credit facilities can help individuals meet their planned and unplanned expenses. As part of its Festive Treats 2026 campaign, HDFC Bank has introduced the Xpress Gold Loan option which allows customers to utilise their gold jewellery as collateral to unlock funds. The loan comes with multiple repayment options, flexible tenures and a simplified application process, making it an option for borrowers looking for funds without selling their gold.
HDFC Bank Festive Treats 2026: Gold Loan Offer
As part of its Festive Treats 2026 offer, HDFC Bank is offering its Xpress Gold Loan option. The campaign includes a variety of benefits to help customers make the most of its banking and lending services. The gold loan option can help customers meet their needs with gold collateral loans. The option helps make accessing funds easier as you can utilise your gold jewellery instead of cashing out your savings or investments.
The festive campaign includes a variety of offers for personal loans, car loans, credit cards and more. Customers will need to look at the terms and conditions that apply to this offer.
HDFC Bank Xpress Gold Loan: Key Features and Benefits
HDFC Bank’s Xpress Gold Loan facility allows individuals to access funds by using their gold jewellery as collateral. The loan is designed to provide access to funds through a relatively simple application and valuation process, without requiring borrowers to sell their gold.
The bank offers gold loans starting from ₹25,000, with repayment tenures ranging from 6 to 24 months. Some of the key features include:
Quick disbursal: The bank states that customers can receive loan disbursal within approximately 45 minutes at a branch, subject to verification and approval.
Minimal documentation: The application process requires basic KYC documents, making it relatively straightforward.
Secure gold storage: Pledged jewellery is stored securely in the bank's vaults until the loan is repaid.
Multiple repayment options: Borrowers can choose between EMI-based repayment, overdraft and bullet repayment facilities.
Multiple end-use options: The funds can be used for personal, medical, educational, agricultural and business requirements, subject to the bank's terms.
Flexible loan tenure: Customers can select a repayment period based on their borrowing requirements and the available loan options.
The final loan amount and applicable interest rate depend on the gold's purity, weight, valuation and the bank's lending criteria.
HDFC Bank Xpress Gold Loan Interest Rates
HDFC Bank's Xpress Gold Loan interest rates range from 9.10% to 24% per annum, depending on the loan amount, tenure and applicable lending terms. The bank also offers a 1% discount on the interest rate for loans below ₹2.5 lakh, subject to terms and conditions. The loan is sanctioned at the bank's discretion, and interest rates are subject to change without prior notice.
Additionally, borrowers opting for the maximum permissible loan-to-value (LTV) ratio of 75% may be eligible for specific structural offers.The bank also provides nil foreclosure charges for eligible MSME, agricultural ancillary and agricultural applications, subject to applicable conditions. The final interest rate and applicable concessions are determined by HDFC Bank based on the loan category and borrower eligibility.
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How Much Gold Loan Can You Get from HDFC Bank?
The loan amount you can borrow depends on the purity (18-22 Carats only, stones excluded from weight), net weight and value of the gold jewellery you’re using as collateral. The bank will assess the value of your gold and determine how much you can borrow based on its policies and the Loan to Value ratio.
The valuation considers the gold content in the jewellery, excluding the weight of stones, gems and other non-gold components. Higher gold purity and weight can increase the eligible loan amount.
The maximum Loan to Value (LTV) ratio allowed by the RBI is uniformly capped at 75% for non-agricultural consumption loans. This ensures you can unlock a loan amount of up to 75% of your gold's evaluated market value, irrespective of the total borrowing amount.
The final amount sanctioned is determined by HDFC Bank following gold valuation and eligibility assessment.
HDFC Bank Xpress Gold Loan Eligibility Criteria
To apply for an HDFC Bank Xpress Gold Loan you’ll need to meet the eligibility criteria. The loan option is available to salary earners, self employed professionals and business owners. You’ll need to be between the ages of 18-75 and have valid ID and address documents to complete the Know Your Customer process. You’ll also need to have gold jewellery that meets the bank’s purity criteria. Your loan will be approved based on the value of your gold, your verification and the bank’s lending policies.
Documents Required for HDFC Bank Xpress Gold Loan
You’ll need to provide basic KYC documents to apply for an HDFC Bank Xpress Gold Loan. This will include valid ID and address documents such as Aadhaar card, passport, Voter ID or driving licence. May also be asked to provide PAN card or Form 60. Applicants must additionally present the gold jewellery for valuation and purity assessment at the bank branch. HDFC Bank may request additional documents depending on the applicant's profile, loan amount and applicable regulatory requirements.
HDFC Bank Xpress Gold Loan Repayment Options
HDFC Bank offers multiple repayment options under its Xpress Gold Loan, allowing borrowers to choose based on their cash flow and repayment capacity. Under the regular EMI option, borrowers repay the principal and interest through monthly instalments. For example, a ₹1 lakh loan at an illustrative 12% p.a. interest rate for 12 months would have an EMI of approximately ₹8,885.
Under the Interest Only repayment option, borrowers pay interest each month and repay the principal at the end. At 12% per annum, the monthly interest starts at approximately ₹1,000 per month for every ₹1 lakh borrowed. The bullet repayment option requires borrowers to repay the principal along with accumulated interest in a lump sum at the end of the tenure. Meanwhile, the overdraft facility allows borrowers to withdraw funds within an approved limit and pay interest only on the amount utilised.
Actual rates and repayment conditions are subject to bank approval.
Conclusion
HDFC Bank’s Xpress Gold Loan, which is part of its Festive Treats 2026 campaign, can help customers unlock funds using their gold jewellery. The offer includes flexible repayment options, various loan tenures and a simple application process. Before pledging your jewellery you should compare the interest rates, processing fees and repayment requirements.