Who this is for
Many people pledge gold for a loan and later find it hard to repay, or simply want to stop the interest from growing. Releasing the gold and selling it can close the loan — and any value remaining after the loan and interest are settled is paid to you.
How pledged-gold release works
- Share your loan details. Call, WhatsApp or send an enquiry with your lender’s name and the approximate outstanding amount.
- We explain the process for your lender. Our team tells you what to bring and what happens next.
- The loan is settled. The outstanding amount, along with interest, is paid to the lender by bank transfer so the gold can be released.
- Your gold is tested and valued. Purity is checked on a gold testing machine and the valuation is explained to you.
- You receive the balance. The value remaining after the loan and interest is paid to you.
Exact steps vary by lender, so please confirm the details for your case with our team before you proceed.
Lenders we can help with
We help release gold pledged with banks, pawnbrokers, NBFCs and other financial institutions. Tell us your lender when you enquire and we will confirm how it works.
What to keep ready
- Your KYC documents — photo ID and current address proof.
- Loan documents from your lender, such as the pledge receipt or loan account details.
- An idea of the outstanding loan amount and interest, if you have it.
See the full list of accepted KYC documents.
When to act
Interest on a gold loan keeps adding up the longer it runs. If you have received a notice from your lender about overdue payments or an auction, contact us as early as possible so there is time to understand your options. Share the notice with our team when you call.
Understand the numbers first
Before anything is settled, our team compares the outstanding loan and interest with the estimated value of your gold and explains the likely outcome. You decide whether to go ahead. To see how gold is valued, read about gold rates and purity.
