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The practice of Gold pledging

  • The practice of using gold as collateral for loans or other financial transactions has existed for decades and has evolved with time.
  • While pledging gold can be a useful way to access funds quickly, many people struggle to release their pledged gold once they have repaid their debt.
  • The process can be complicated and time-consuming, involving paperwork, assessments of the gold's value, interests, and negotiations with lenders.
Which is why White Gold offers you a better-valued alternative.

How White Gold Can Help You With Your Pledged Gold?

White Gold offers a reliable solution for those looking to offload the interest burden on gold loans. We clear all interests and dues, allowing you to release your gold without hassle, and offer you the best quote to purchase the released gold, providing you with instant cash.

With a commitment to transparency and fair pricing, we offer a secure and convenient way to free your gold assets and obtain financial flexibility.

pledge-gold

We Release & Buy Your Pledged Gold

Pledging gold or precious metal ornaments for cash is a common practice among people to fulfill financial needs.

Unfortunately! The high-interest rate makes it difficult for customers to release the pledged gold, resulting in a growing loan amount that continues to accumulate with time. 

At White Gold, we take the burden and hassle off you and release your pledged gold while offering you the best price for your gold with an instant cash option.

You sell your pledged gold with the assurance that you have cleared your gold loan and receive cash based on the current market price for your gold. 

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Documents Required to Sell Your Pledged Gold

Pledge gold receipt

A valid ID proof

A valid and latest address proof

Passport Size Photo

Looking to Sell Your Pledged Gold For Instant Cash?

As one of the most trusted gold buyers in Bangalore, we help you release your gold from banks, pawnbrokers, and others swiftly.

Our competitive rates and reliable services will provide you with the best return on your gold, helping you to get the maximum amount of cash before your gold is auctioned off and you potentially lose money.

Release Your Gold in 8 Taps
Growth Ladder At White Gold

When you take a gold loan at any bank or financial institution, you get a pledge receipt. This document serves as evidence that you submitted the gold as loan security, and it must be presented when you are ready to close your gold loan.

In addition to the pledge receipt, you’ll need to carry valid identity proof such as an Aadhar Card or Passport and a valid photo identification as well as proof of local address to complete your gold loan release at White Gold. Make sure to have all the documents ready for a fast and efficient release process.

With White Gold you do not have to worry about travelling miles. With over 50 of our conveniently located branches across Karnataka, Kerala, and Tamil Nadu, finding a White Gold branch near you is quick and effortless.

To ensure the safety of our customers and guard against financial fraud, White Gold requires all customers to undergo a mandatory KYC verification. You’ll need to provide a Photo ID and Address Proof as part of this process. Generally, your Aadhaar Card is the most suitable option, as it contains both. In addition to this, we make a verification call to your family as a fraud and safety feature.

At White Gold, we strive to offer our customers the most up-to-date and transparent gold rate. Our prices are sourced directly from the benchmark MCX India rate and updated in real-time, so you can trust us, knowing that you’re getting the most accurate quotation.

It’s time to unlock the value of your gold! Complete your KYC, lock in on the agreed gold rate, and sign the term sheet. Then, our trusted representative will escort you through the loan closing process.

To know the value of your gold, it’s essential to verify the purity of the released gold. Accelerate and fasten the process with our advanced yet secure technology. Our state-of-the-art German machines offer unparalleled accuracy when it comes to evaluating gold purity, giving you a guarantee of its authenticity and true worth.

Once all steps are done, we will instantly transfer the approved amount to your bank account. Conveniently confirm the money transfer before you leave our branch. Enjoy instant access to your coveted cash!

Your Nearest Branch

We are currently present in Karnataka, Kerala, and Tamil Nadu with over 50 branches. Find your nearest branch to release your pledged gold for instant cash. To get the best price for your gold and enjoy fast, secure, and hassle-free transactions!

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Frequently Asked Questions

Releasing your pledged gold doesn’t come with any additional charges with White Gold, as we purchase your gold immediately after releasing it from the loan and offer you a quote for the same.

The decision to pledge or sell gold depends on your individual needs and objectives. Pledging gold allows you to maintain certain ownership rights by paying timely interest, while selling gold may provide you with greater liquidity.

You can visit the nearest White Gold branch with the gold pledge receipt; once we complete the KYC process and sign the term sheet White Gold will help you release the gold from the pledgee. For more information, connect with us at +91 9590704444.

Yes, you can sell your gold without your purchase bill. At White Gold, we offer an added bonus if you have the original bill of your gold. However, you have to go through a mandatory KYC process to sell your gold.

We aim to release your gold loan on the same day of your consultation with us. In some cases, there could be a maximum delay of up to one day.

No, there is no additional fee for the Releasing Pledged service.

Customer Stories

Whitegold Testimonial 1
testimonial-icon

This is one of the most trusted gold buying companies in the market, I have sold four times ornaments here u can simply trust the transactions. I always got the market price for my gold and I did not had to wait for longer to get money in my account. Thanks to the White Gold, Team is very cooperative.

Prasad Kumar
Bangalore
Whitegold Testimonial 2
testimonial-icon

Great place to have an authenticated process for selling gold. They gave clarity as to what you are getting and the transparency maintained is remarkable. It was an amazing experience and appreciate the support. White Gold is the place if you want to sell Gold. Kudos to the team!

Shruthi Raj
Bangalore
Whitegold Testimonial 3
testimonial-icon

Nice and pleasant experience, staff are courteous and very helpful throughout the process of selling gold. One of the best services received in recent times in terms of customer handling. I must say I got a better price for my gold here compared to other gold buyers. Thanks for the excellent service!

Raman Gupta
Bangalore

Customer Stories

Whitegold Testimonial 1
testimonial-icon

This is one of the most trusted gold buying companies in the market, I have sold four times ornaments here u can simply trust the transactions. I always got the market price for my gold and I did not had to wait for longer to get money in my account. Thanks to the White Gold, Team is very cooperative.

Prasad Kumar
Bangalore
Whitegold Testimonial 2
testimonial-icon

Great place to have an authenticated process for selling gold. They gave clarity as to what you are getting and the transparency maintained is remarkable. It was an amazing experience and appreciate the support. White Gold is the place if you want to sell Gold. Kudos to the team!

Shruthi Raj
Bangalore
Whitegold Testimonial 3
testimonial-icon

Nice and pleasant experience, staff are courteous and very helpful throughout the process of selling gold. One of the best services received in recent times in terms of customer handling. I must say I got a better price for my gold here compared to other gold buyers. Thanks for the excellent service!

Raman Gupta
Bangalore

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