We're open on Sundays too, so you can enjoy our services even if weekdays keep you busy | We do not provide loans | We do not represent banks/NBFCs | We assist in settlement/exchange only

Release Gold Loan Eight easy steps

1 Find Branch

4 + Branches

West Bengal, Assam

2 Carry ID Proof
  • Passport

    Carry your Passport for fast-track verification.

  • Aadhaar Card

    Carry your Aadhaar card for easy KYC check.

  • Photo ID Proof

  • Local Address Proof

    Photo ID and Address proof is required.

3 Find a Branch
  • 100+ Branches Across Karnataka, Andhra Pradesh, Kerala & Telangana
4 KYC Verification
  • Photo ID Proof

  • Aadhaar Card

    We do a KYC check. Photo ID and Address Proof is a mandatory requirement. Your Aadhaar Card has both.

  • Verification Phone Call

    As a fraud and safety feature, a verification phone call to your family is required.

5 Check Gold Rate

Based on the gold purity check we will give you a quotation. Our rate is transparent.

6 Release your Gold
  • Complete KYC
  • Lock-in Gold Rate
  • Sign Term Sheet

We will send our representative with you to close your Gold loan.

7 Check Gold Purity
  • XRF Machine
  • Without Melting
  • No Damages
  • Accurate Valuation
8 Instant Payment

For your security, we transfer the money to your bank account. You can confirm the money transfer before leaving our branch.

  • Your money is transferred instantly to your bank account.

Frequently Asked Questions

1 MGS Gold Will Help Release Your Pledged Gold

In India, pledging gold ornaments for quick financial relief is a long-ongoing practice, whether it is for medical emergencies, business funding, or education purposes. While it is still wise to choose a gold loan for small funding, it is not advised to pledge gold for large sums of money in the increasing interest rates and evolving market conditions; it is a high risk. But if the high interest rates put you into more financial trouble, we can help you release your pledged gold. You can visit your nearest White Gold branch with all the documents, and we will clear your gold loan, release your pledged gold, and buy it from you at the current market price and the gold purity. With zero hassle, you can be free of your debt and take funds home immediately with White Gold services the best gold buyers

2 How MGS Gold Can Help Release Your Pledged Gold?

Is your gold loan eating your monthly savings, creating a financial strain on already persisting problems? We can help release your pledged gold with a transparent and efficient process, offering you instant cash. All you have to do is follow the simple steps below. You can start by locating the nearest MGS Gold branch. You can find us on Google or simply visit here. Gather the necessary documents along with the pledge gold certificate Please carry your government-issued photo ID for seamless transactions. At the White Gold branch, our professional will assist you in KYC verification & analyze the documents produced. You will be walked through the process, and to keep it completely transparent, we will showcase the current gold price and how your gold loan will be released.

3 Do you Release Pledged Gold?

Yes we will help you close your gold loan and release your pledged gold. For more details, Know More.

4 Can you release Gold which has already been pledged in a Bank or Finance company?

Yes, you just have to bring your pledge receipt to our branch. We will use our money to pay the bank or finance company.

5 What if I am not satisfied with the valuation after the release of Gold?

If you are not satisfied, you can pay us the ‘gold release value + 5%’ and take back your gold.

6 What if the value of the gold turns out to be lower than the released value?

You will have to pay us the difference amount.

7 Can I keep some part of my Gold which has been released?

Yes, only if you inform our branch executive in advance.

Get Instant Cash

Sell gold or release pledged gold instantly