Struggling to Release Pledged Gold?

If your gold is pledged in a bank, pawn broker, or financing company and you are unable to release it, we can help. VMG Gold Buyer will pay the necessary amount to release your gold and buy it from you at the current market rate.

How It Works

1

Visit Office

Visit our VMG office with your pledge receipt/token and ID proof.

2

Verification

We verify the pledge details and estimate the surplus value.

3

Visit Bank

Our executive accompanies you to the bank/financier.

4

Payment

VMG pays the principal and interest to release the jewelry.

5

Collect Gold

You collect your gold jewelry from the bank securely.

6

Testing

Back at our office, we check the purity using XRF machines.

7

Final Valuation

We calculate the total value at current market price.

8

Balance Cash

We deduct the amount paid to bank and give you the balance cash.

Frequently Asked Questions

Get answers to common questions about selling gold with VMG Gold Buyer

Do you provide cash for gold instantly?

Yes, we provide instant cash payment immediately after testing and valuation. For larger amounts, we can transfer via IMPS/NEFT instantly to your bank account.

How do you check purity?

We use advanced German XRF Karat-meter machines to check purity non-destructively in front of you. The process is transparent.

What documents are required?

You need to carry a valid Government ID proof (Aadhar Card, PAN Card, Voter ID, or Passport) and your purchase bill if available.

Can I sell gold without a bill?

Yes, you can sell gold without a bill. However, you must provide valid government-issued ID proof (like Aadhar or PAN card) and complete the mandatory KYC process at our branch.

Is there a minimum or maximum limit on the gold I can sell?

There is no strict minimum or maximum limit. Whether you have a small ornament or bulk jewelry, we accept all quantities. For exceptionally large transactions, we recommend reaching out to us beforehand.

What if I want to cancel the sale after evaluation?

Our evaluation process is free of cost and obligation. If you are not satisfied with our offer, you can simply take your gold back without any charges.

Will my gold be damaged during testing?

No, we use German-made XRF machines for testing, which is a non-destructive method. Your gold will not be melted or damaged during the purity check.

Can I track the gold rate before visiting?

Yes, you can track the current gold rate on our website or by calling our customer care. We always offer the most competitive market rates.