NEWS & ADVICE : PERSONAL LOAN
Gold loan scheme launched by HDFC Bank
By Vaibhav Aggarwal
Mar 7, 2012
Print    Email    RSS   

The second largest private sector lender in the country, HDFC Bank has launched a new product. The bank will offer loan to the customers against gold. The scheme has been christened as "Bharosa Gold Loan".

The customers can borrow a loan upto 140 percent of the value of the gold. The minimum amount that can be lent to customers in rural area in Rs. 10,000 and for customers in other areas it is Rs. 25,000.

The rate of interest rate that the bank will charge will range from 11.00 to 14.5 percent. The women customers will be offered a discount of upto 1.5 percent on the interest rate.


(Comments Posted : 0) Post Your Comments
Show All Comments
COMPARE QUICKLY
 Select a product:
 

CALCULATE QUICKLY
 Select a product:
 

EDITORS' PICKS
Do rising NPAs reflect an ailing banking...
Personal loans in India: Features and...
Central Bank of India ordered to return...
Personal Loan Vs. Cash advance from credit...
Plan for your retirement


What is the outstanding Amount for my personal loan
ho many month balance in My Personal loan
i need my personal loan track statement

NEWS THIS WEEK
LVB bank joined hands with NCML Feb 18, 2015
Syndicate Bank hiring 5000 new staff Feb 12, 2015
SBI donated Rs 8.6 cr as a part of CSR activity Feb 11, 2015
Canara Bank tied up with NHBC Feb 9, 2015
Hiring for Probationary clerks in South Indian Bank Feb 5, 2015
News Archive