What Documents Are Required to Sell Gold in India?
Selling gold in India requires KYC (Know Your Customer) compliance. Here's what you need.
Required Documents
You need photo ID and address proof. The Aadhaar card is preferred because it serves both purposes in a single document. Alternatively, you can use your passport for fast-track verification.
Why KYC Matters
KYC protects you and the buyer. It prevents money laundering and ensures your transaction is recorded properly. All licensed gold buyers in India must complete KYC before payment.
BILVA's Process
At BILVA, we complete KYC at our branches. Bring your gold and ID—we'll verify your details and process your sale. You receive instant payment to your bank account. The process typically takes 10–15 minutes.
What to Bring
- Gold (jewellery, coins, or bars)
- Aadhaar card (or passport + address proof)
- Bank account details for payment transfer
That's it. No complex paperwork. Visit any BILVA branch in Bangalore, Hyderabad, or Chennai to get started.