Gold Loan Per Gram in HDFC: What You Really Get

May, 14 2025

Wondering what HDFC will actually pay you for each gram of gold? You’re not alone. Most people head to the bank thinking they’ll walk out with cash equal to the market gold price, but it’s not that simple. HDFC checks the purity, follows Reserve Bank of India guidelines, and puts its own margin on top. So the true per gram amount is always a bit lower than the glittery market rate.

As of now, HDFC usually offers about 75% of the gold’s current value per gram. For example, if today’s 22 carat rate is ₹6,200 per gram, you might get around ₹4,650 to ₹4,800 per gram. This figure changes based on the gold price and the rules in place, but don’t expect the full price you see on the news. Always check the latest rate before heading into the branch—and remember, the amount you see on their website is a guide, not a promise.

• Gold Loan Rate Per Gram: The Real Numbers
• What Changes the Per Gram Value?
• How to Calculate Your Loan Amount
• Things That Can Make or Break Your Deal

Gold Loan Rate Per Gram: The Real Numbers

If you’re heading to HDFC for a gold loan, the main thing you want to know is: what’s the real payout for every gram? Right now, if your gold is 22 carat, you can expect HDFC to offer between ₹4,650 and ₹4,800 per gram. The bank figures this by starting with the day’s gold market price and then using its own margin and the RBI’s safety buffer.

Here’s the breakdown for May 2025:

Gold Carat	Market Rate (per gram)	Approx. HDFC Payout (per gram)
22K	₹6,200	₹4,650 - ₹4,800
24K	₹6,700	₹5,000 - ₹5,100

But here’s where things get real—HDFC almost never pays you the exact market price for your gold. By law, they can only offer up to 75% of the market value (sometimes even less if the gold price is going crazy). If you bring in coins, rare jewelry, or gold less than 18 carats, the value drops further. The process is designed to protect both you and the bank in case prices suddenly fall.

One HDFC gold loan perk is they publish their gold loan per gram rates online and update them daily. This gives you a price reference before you visit, so there’s less stress at the counter. Just don’t expect surprises in your favor—the real value you get depends on purity testing, the weight (less if stones or solder are present), and government norms. Best advice: check their rates on the day you visit and walk in with realistic expectations.

What Changes the Per Gram Value?

The amount HDFC offers per gram for your gold isn’t random. Some real factors move that number up or down, and knowing these can help you squeeze out a better deal. Let’s break it down.

HDFC gold loan rates mainly depend on:

• Gold Purity: They only count the pure gold content. If your jewellery is 22 carat, you get more per gram compared to 18 carat. They won’t pay for stones, alloys, or fancy settings—just the gold weight after testing with their machines.
• Current Market Price: HDFC follows daily gold prices (mainly from IBJA rates). When gold prices go up, the loan per gram jumps with it. If gold prices dip, expect less.
• Loan-to-Value Cap (LTV): Right now, RBI rules let banks give up to 75% of your gold’s value as loan. Last year (2024), the LTV stayed capped at 75%, which banks like HDFC strictly follow.
• Type of Gold: Coins (up to 50 grams) and bars from approved sources often fetch slightly more than jewellery per gram. If your gold is very old or damaged, expect a bit less.
• Branch Location: Odd but true—some busy metro HDFC branches offer a slightly better deal to compete with local players, while smaller towns may get you a tad less.

To put numbers on it, here’s how rates behaved in the last quarter:

Month	22K Gold Price/Gram (₹)	Typical HDFC Loan/Gram (₹)
Feb 2025	6,180	4,650
Mar 2025	6,250	4,700
Apr 2025	6,200	4,650

One more thing—if you walk in with a gold coin from a random jeweller, don’t be surprised if HDFC checks its authenticity extra carefully. Certified, BIS-hallmarked stuff always gets you a better rate.

How to Calculate Your Loan Amount

Figuring out how much money you’ll get for your gold at HDFC isn’t rocket science, but you’ve got to get the steps straight. The basic idea is simple: the bank weighs your gold, checks the carat (purity), and then uses their current per gram rate to decide your loan amount. But, there’s some fine print you need to know.

• First: Only 18 to 22 carat gold usually qualifies. Anything less, and the bank might reject it or offer a lower value.
• Second: HDFC uses their testing methods, so even if your gold is stamped as 22 carat, they’ll check it themselves.
• Third: The per gram rate is based on the day’s market value but usually capped at 75% of that value, as per RBI rules.

Let’s make this practical. Say you walk in with a gold chain weighing 40 grams and HDFC’s approved gold is 22 carat. If the bank’s current loan rate is ₹4,700 per gram, here’s your potential loan calculation:

Weight (grams)	Per Gram Loan Rate (₹)	Eligible Loan Amount (₹)
40	4,700	188,000

Shortcut math: just multiply your gold’s weight (in grams) by today’s loan rate. Don’t forget, deductions like processing fees and possible GST get shaved off before you see the cash—so your final amount in hand could be a tad lower.

If you’ve got multiple pieces, HDFC totals up the eligible gold only. Stones and non-gold parts don’t count. Always ask the bank to give you the weight slip and the rate slip for transparency. If you want to boost your loan amount, choose higher purity pieces—they get max value per gram.

Remember, the HDFC gold loan per gram rate can change daily, so checking right before you plan to visit makes sure you don't end up with less than you expected.

Things That Can Make or Break Your Deal

When you’re eyeing a gold loan at HDFC, there’s more to pay attention to than just the rate per gram. What you walk out with depends on several things, and missing a small detail can cost you big time.

• Gold purity matters most: HDFC usually sticks with at least 18 karat purity. Lower purity? Expect a much lower offer per gram or maybe outright rejection. For the best deals, 22 karat and above is what banks want.
• Pledged gold must be jewelry: Coins, bars, or bricks from anywhere but approved sources are a hard pass for most banks. HDFC almost always wants personal gold jewelry, not generic bullion.
• Packing in hidden charges: There’s a processing fee—could be flat or a percentage (usually 0.5% to 1%). Valuation charges pop up too, even if you don’t take the loan, and GST gets stacked on every fee. Always ask for a breakdown before you sign anything.
• Repayment flexibility: HDFC gold loans offer multiple repayment schemes—bullet payments, EMIs, and even paying only the interest during the loan term with the principal due at the end. Don’t get stuck in a scheme that doesn’t fit your cash flow. Choose wisely to avoid penalties or surprise charges.
• Loan-to-value (LTV) ratio: Reserve Bank of India rules cap LTV at 75%, but if the gold price drops after your loan is approved, HDFC might ask you for extra margin money or partial repayment to keep up that ratio.
• Interest rates: The rates are not always fixed—they’re usually linked to your loan amount and tenure. Right now, HDFC’s gold loan rates float between 9.5% and 17% per year. Better negotiation or a strong bank relationship can maybe nudge you toward the lower end. Don’t just agree to whatever you’re offered.

The bottom line? Getting the best out of your HDFC gold loan is all about reading the fine print and asking questions others forget. Know what you’re pledging, check all charges, and don’t let a good deal slip away because of an overlooked fee or clause.