How to release pledged Gold

how to release pledged gold

Release your pledged Gold

In India, People use to pledge their Gold for instant cash requirement and once they got trapped, they start looking for the solutions to release their pledged gold. Some times they are able to pay the cash they have taken or some times they are not. In case you are not paying the money they will sell your Gold at get the money.

Place to Pledge your Gold:

These are the shops where you can sell your old things that you doesn’t required any more. They also buy or pledge Gold and give instant cash for gold jewellery. As they are very small shop with little or no authenticity, they use to pledge gold at very high rate of interest. Even there is a possibility that they can manipulate your gold. Many people pledge their gold at jewelry shops also but they get no different than pawn shops.


There are many companies like Muthoot Finance gold loan, Manappuram gold loan, IIFL Finance gold loan, HDFC Bank gold loan who provide gold loan. All these companies work on high interest rate modal. If you pay back there money they will get high interest rate or if not, they will sell your pledged gold.

By selling pledged gold, they get maximum profit. customers lose their valuable gold and not even get actual value for their gold. They provide only 65 to 70% cash value of your gold.

How to release pledged gold:

                                      People use to ask a common question. How to release pledged gold? And the answer is BENAKA GOLD COMPANY. BENAKA GOLD COMPANY is a leading online gold buyer company in India. It has branches all across India. You can visit to your nearest branch and sell your gold. Benaka Gold holds all the certification including SSL certificate.  

benaka gold contact number

For releasing your gold all you have to do is to follow some easy process:

Step 1. You have to submit the documents related to your pledged gold. This is to get the information regarding transaction and gold submitted to the company.

Step 2. Once we found all the documents are genuine. Our executive will call you and visit the bank or financer with you where your gold has been pledged.

Step 3. We will pay the amount on the behalf of you that is required to release pledged gold.

Step 4. If you want to sell that gold then you just need to submit that jewelry at our store. Our gold valuators will conduct the most transparent and authentic valuation. Benaka Gold use German technology to conduct the valuation of your gold without even touching your gold.

Step 5. After the valuation process, we will offer you the price on the basis of gold’s purity at live market price. The price will be offered after deducting the amount paid by us at the time of gold releasing process.

Step 6. We give enough time for the customer to think on the offered price for his gold. All the process happens in safe environment.

Decide freely

 Once you feel satisfied with the offered price we will give you instant money for the gold jewelry. We will pay the amount through the medium of your choice.    

sell your old gold in ramamurthy nagar bangalore

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Best place to sell old gold jewelry in Hyderabad.

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