25 October, 2023
Every year the festive season brings with it joy and celebrations, encouraging us to spend time with loved ones. Diwali, especially, consists of various festive days, each with its own significance. One such day during the Diwali festivities is that of Dhanteras. A part of the ceremonies includes buying gold, which is a symbol of abundance. While you might want to purchase gold and celebrate the occasion to the fullest, it can be financially taxing. However, HDFC Bank has your festive needs covered and offers Personal Loan to help you buy gold during Dhanteras and make your Diwali brighter!
Why you should take a Personal Loan to buy gold on Dhanteras
Availing of the HDFC Bank Personal Loan can be of immense help if you want to purchase gold this Dhanteras festival. Here’s how:
High-value amount: Celebrating the festive season to the fullest can burn a hole in your pocket. This is especially true if you are planning on buying gold for Dhanteras. HDFC Bank understands the expenses that crop up during this time of the year and offers high-value loan amounts so you can indulge. With HDFC Bank’s Xpress Personal Loans, you can avail of up to ₹40 lakh loan amount. You can use the loan amount to buy gold without worrying about the finances, and make your Dhanteras as grand as possible!
Ease of use: One of the best aspects of a Personal Loan is that you can use the borrowed amount to meet any need. HDFC Bank does not place any restriction on the purpose for which the loan amount can be used. Thus, you can easily apply for a loan to buy gold for your Dhanteras celebrations. And if needed, you can put the funds towards meeting other festive needs too!
Flexible tenure: Often, while availing of a loan, applicants worry about repayment and tenure. However, HDFC Bank makes repaying a Personal Loan manageable and stress-free by offering flexible tenure options. You can opt for a loan tenure that suits your needs and repay the borrowed amount at your pace.
Attractive interest rates: Another aspect that affects loan repayment are the interest rates levied. HDFC Bank makes the festive experience of buying gold that much more joyous by offering Personal Loan at attractive and reasonable interest rates. Plus, you can repay the principal and interest amount via easy EMI (Equated Monthly Instalments) payments. Enjoy interest rates starting at 10.85% per annum*.
No collateral: Applying for a loan during the hustle and bustle of the festive season might seem challenging especially if you have to arrange for and provide collateral. Keeping this in mind, HDFC Bank offers Personal Loan without requiring you to provide collateral. Seeking financial help to purchase gold has never been so easy.
Easy application: Gone are the days when you had to wait in long queues and submit mountains of paperwork. At HDFC Bank, all you have to do is meet the basic eligibility criteria and provide the minimal documentation required. Whether you are applying online or in person, HDFC Bank makes the process of availing yourself of a Personal Loan hassle-free and convenient. With the HDFC Bank Personal Loan, you can avail of funds to buy gold within minutes and spend the saved time with loved ones.
Waiver on foreclosure charges: This festive offer, you can avail of zero foreclosure charges on Personal Loan. This way, you can repay your Personal Loan sooner and save up on interest costs.
Get immediate access to funds with your Xpress Personal Loans from HDFC Bank
As part of the HDFC Bank Festive Treats, you can avail of a Personal Loan and enjoy funds up to ₹40 Lakh now that you know the importance of buying gold on Dhanteras! Enjoy a secure, smart, fully digital service platform and get a Personal Loan with three simple steps. All you have to do is identify yourself, customise your requirements and submit the details. You can get your money in 10 seconds* in your account without any documents. With rapid disbursal and attractive interest rates starting at @10.85%, the HDFC Bank Personal Loan is here to make your Dhanteras shine like gold. What’s more, you can transfer your existing Personal Loan to HDFC Bank. Click here to know more.
Click here to learn more about Festive Treats and apply for an HDFC Bank Personal Loan here.
Received a Diwali bonus but don’t know what to do with it? Click here to read more!
*Terms and conditions apply. The information provided in this article is generic in nature and for informational purposes only. It is not a substitute for specific advice in your own circumstances. Personal Loan at the sole discretion of HDFC Bank Limited. Loan disbursal is subject to documentation and verification as per Bank's requirement. Interest rates are subject to change. Please check with your RM or closest bank branch for current interest rates.