Release Gold Loan in Eight Easy Steps

1

Bring Pledge Receipt

To close your gold loan and release your gold, bring the pledge receipt given to you by the gold loan provider.

2

Carry ID Proof

Bring your Aadhaar card for easy KYC, or passport for fast-track verification. Photo ID and address proof are required.

3

Find a Branch

Visit your nearest BILVA branch in Bangalore, Hyderabad, or Chennai. Our team will guide you through the process.

4

KYC Verification

We complete a quick KYC check. Photo ID and address proof are mandatory. A verification call to your family may be required.

5

Check Gold Rate

Based on the gold purity check, we give you a transparent quotation. Our rates are updated daily—no hidden charges.

6

Visit Gold Loan Provider

Our representative will accompany you to close your gold loan. Complete KYC, lock in the gold rate, and sign the term sheet.

7

Check Gold Purity

We use industry-standard equipment to test your gold. Tamper-proof, accurate valuation at our branch.

8

Instant Payment

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

Frequently Asked Questions

Do you release pledged gold?
Yes. We help you close your gold loan and release your pledged gold. Bring your pledge receipt to our branch for a free evaluation.
Can you release gold pledged in a bank or finance company?
Yes. Bring your pledge receipt to our branch. We use our funds to pay the bank or finance company and release your gold.
What if I am not satisfied with the valuation after release?
If you are not satisfied, you can pay us the gold release value plus 5% and take back your gold.
Will I be accompanied to the bank or finance company?
Yes. Our representative will accompany you to release the gold on your behalf. They will deposit the due amount and collect the gold in your presence.
Can I release gold without a pledge receipt?
No. We need a copy of the pledge receipt for the evaluation of your gold loan.

Ready to Release Your Pledged Gold?

Get in touch today. We will help you close your gold loan and release your gold with a transparent, hassle-free process.

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