What Happens to Your Gold After You Pledge It

When you pledge ornaments for a gold loan, they leave your hands for the length of the loan — so it is fair to want to know exactly what happens to them, and how they come back.

Appraisal

Trained evaluators assess the net gold weight after deducting stones and non-gold parts, and the purity — 22K, 21K, 18K or 24K equivalent. The loan you are eligible for is based on that appraised value and the prevailing rate per gram on the day of pledge, capped in line with RBI norms.

Storage

Once the loan is disbursed, your ornaments are sealed in tamper-evident packaging and held in 100% insured vaults with 24/7 monitoring. They are not worn, tested destructively or separated from your packet.

Your pledged gold is returned in the same condition it was received, against settlement of the loan — you can reclaim it at any time within the tenure.

Getting it back

Clear the outstanding principal and interest and the sealed packet is returned to you at the branch, checked against the original appraisal record in front of you.