With attractive schemes, easy repayment options and lowest interest rates, HBF Nidhi Ltd offers a hassle-free experience to avail gold loans. HBF Gold loans may be availed for any amount between Rs.1,000 to a maximum of Rs. 7.5 Lakhs.
Loans are available for periods of three months. Our Gold loans do not have any lock-in period and there are no prepayment penalties. You can repay earlier than the scheduled date as you desire.
Interest Rate
Our base rate of interest is 12 percent. Depending upon how high the loan to value (LTV) is, additional interest (risk premium) ranging from 4-8 percent is charged over and above the base rate. Simple interest is charged on a reducing balance basis — no prepayment penalties.
Key Features
- Loan amount: Rs. 1,000 to Rs. 7.5 Lakhs
- Tenure: 3 months (maximum 1 year depending on LTV)
- Eligible gold: 18 to 24 Karat ornaments
- No lock-in period — prepay anytime without penalty
- Quick approval: within minutes of document submission
- Members only — adults (18+) owning gold ornaments
Supporting Documents
- Identity proof: Aadhaar Card, PAN Card, Voter ID, Passport, or Driving License
- Address proof: Electricity Bill, Telephone Bill, Bank Statement, or Rent Agreement
- Application Form and Demand Promissory Note
Gold Loan Schemes
- High Loan-to-Value Scheme: Maximum loan per gram with slightly higher interest to account for the extra risk premium.
- Low Interest Rate Scheme: Lower interest rates with a comparatively lower LTV ratio — ideal for borrowers with smaller needs.
Guaranty and Security
We understand that gold ornaments are precious to you. Your pledged gold is stored in strong cash safes inside strong rooms built to commercial bank standards. All pledged gold is fully insured, and modern electronic surveillance technology is deployed at all times.
Apply for Gold Loan →