How it Works
How it Works
Overview
If you’ve received a gold loan auction notice and are unable to repay the loan, our service can help you save your gold and protect your CIBIL score. We offer a personalized and secure process to assist you in repaying your gold loan.
1. Initial Contact
Inquiry Submission: Fill out our quick inquiry form with your basic details and loan information.
Consultation: Our team will contact you to schedule an in-person meeting.
2. Verification Process
Credential Check: To prevent fraud, we verify your credentials thoroughly. This includes checking your identity, loan documents, and gold loan receipts.
Discretionary Assistance: Our assistance is provided at our discretion, based on the verification results.
3. In-Person Meeting
Meeting Arrangement: We arrange a meeting at your convenience to discuss your situation and the next steps.
Gold Loan Verification: Our representative will accompany you to the gold loan bank or NBFC to verify the gold loan receipts and examine the gold.
4. Gold Evaluation
Assessment: We evaluate the gold based on its carat value and current market rates.
Offer: We inform you of the amount you will receive from us after the evaluation.
5. Payment and Gold Retrieval
Money Transfer: We deposit the agreed amount into your bank account.
Gold Purchase: Our representative will accompany you to the bank or NBFC to complete the gold purchase and retrieve the gold.
6. Completion
Final Settlement: Once the gold is retrieved, we ensure all loan-related documents are settled, and you receive any remaining amount as agreed.