Don't Lose Your Gold to Bank Auction!
Is your gold loan overdue? Are high EMIs driving you to default? We will visit your bank, pay off your outstanding loan in full, release your gold, and buy it at current market rates, handing you the remaining cash value instantly.
30-Min Release
Quick processing at bank
Transparent Valuation
German XRF testing
Instant Cash Out
Immediate bank transfer
Live Market Gold Price
LIVE24K Gold (99.9% Purity)
Per Gram
+₹71 (0.47%)
22K Gold (91.6% Hallmark)
Per Gram
+₹67 (0.47%)
18K Gold (75.0% Hallmark)
Per Gram
+₹53 (0.47%)
The live buying prices are linked from a trusted source for West Bengal gold prices.
Professional Precious Metal Solutions
We operate at the highest standards of transparency, delivering immediate relief for distressed loans and top-value purchases for gold, silver, and platinum.
Gold Loan Settlement
Struggling with loan closure? We pay off your bank or financial institution directly, retrieve your pledged ornaments, test them transparently, and buy them at market rates, paying you the cash difference.
Calculate Surplus CashCash for Old Gold
Sell your unused, broken, or scrap gold jewellery, coins, or bars. We use advanced non-destructive XRF testing for 100% accurate purity reports. Get paid instantly in cash or bank transfer.
Request ValuationSilver & Platinum Buyer
We purchase silver ornaments, utensils, coins, and platinum jewellery. Purity check is done in front of you. Valuation is strictly linked to live market rates for maximum returns.
Get Live QuotesEstimate Your Gold Loan Release Refund
When you fail to pay bank EMIs, banks will auction your gold, often selling it at discount scrap rates with heavy penalties. You receive virtually nothing.
Use our calculator to estimate the actual value of your gold and how much surplus cash you will receive in hand after we force close your loan at the bank.
Gold Loan Release Calculator
How the Gold Loan Release Works
In just 4 easy, transparent, and legally secure steps, retrieve your gold from the bank and walk away with your cash surplus.
Submit Details
Share your bank gold loan closure/pawn ticket details, outstanding loan amount, and expected gold weight.
Joint Bank Visit
Our representative accompanies you to your bank/NBFC branch. We pay the force-close amount in full at the counter.
Gold Release & Test
The bank releases the gold. We carry it securely to our nearby branch and test its purity in front of you using XRF.
Get Cash Difference
We buy the gold at live rates, deduct the loan paid to the bank and our 3% service fee, and pay you the surplus instantly.
Bank Auction vs. Siddhi Vinayak Assay Center
Know why letting the bank auction your gold is a massive financial loss, and how releasing it through us saves your assets and credit rating.
| Feature | Bank/NBFC Auction | Siddhi Vinayak Loan Release |
|---|---|---|
| Gold Valuation Rate | Sold at discount distress auction prices | Valued at 100% Live Market Bullion Rate |
| Surplus Return to Owner | Zero. Auction fees and interest eat up everything | Complete difference paid to you instantly |
| CIBIL / Credit Score | Severely damaged. Hard to get loans in future | Protected. Loan is legally closed as paid-in-full |
| Hidden Charges / Penalties | High auction penalties, advertisement fees, legal costs | Transparent 3% service fee. No hidden charges |
| Process Time | Weeks of legal notices and stressful waits | Completed in 30-60 minutes at your bank branch |
Frequently Asked Questions
Everything you need to know about the gold loan settlement process and selling your gold securely.
Yes, absolutely. Under banking regulations, banks and NBFCs only require the outstanding loan amount to be cleared to close the account. You (the gold owner) will accompany our representative to the branch, sign the closure request, and receive the gold directly from the bank officers. We act as your financing partner to facilitate the payout.
You need to provide: (1) The original gold loan/pledge ticket issued by the bank/pawn shop, (2) Valid government identity proof (Aadhaar Card, PAN Card), (3) Bank account details (canceled cheque or passbook copy) for the payout transfer, and (4) Address proof.
If the accumulated interest has pushed the outstanding bank dues higher than the market value of your gold, the difference is negative. In such cases, we cannot pay off the loan in full. However, we can consult with you on negotiating with the bank for a waiver on interest or penalties to make the settlement feasible.
We use advanced German-engineered XRF (X-ray Fluorescence) spectrometers at our branches. This method measures the exact purity of your gold in karat and percentage down to three decimal places without melting, scratching, cutting, or damaging your jewellery. The process takes less than 3 minutes and is done directly in front of you.
The payout is processed immediately after purity verification. Depending on your preference and legal limits, we pay you via Instant IMPS/NEFT Bank Transfer or cash. We provide detailed printed receipts showing weights, purity percentage, live gold price, loan deduction, and final handover amount.
Save Your Gold Today. Schedule a Bank Visit.
Don't wait until the bank issues an auction notice. The sooner you act, the less interest accumulates on your loan, ensuring a higher surplus payout for you.
Fill out the form to get a callback from our senior loan release specialist within 15 minutes, or call us directly.
Call/WhatsApp Senior Executive
+91 74500 01012Head Office Address
528, Grand Trunk Rd, Howrah, West Bengal 711101
Business Hours
Mon - Sat: 9:30 AM to 7:00 PM | Sunday: Closed