Categories
Recent Posts
-
History of Gold
akshith kapoor
Sep 25, 2022 7:36 AM
Web Content Article
History of Gold Gold is revered worldwide for its monetary worth and rich history, intertwined with cultures for thousands of years. People have held gold for a variety of reasons over the years....
-
Purity of Gold
akshith kapoor
Sep 25, 2022 7:46 AM
Web Content Article
Purity of Gold Gold purity is measured in karats. The term "Karat" is distinct from the unit of measurement "Carat," which is used to weigh gemstones. The purity of gold, measured in karats,...
-
Why LBMA is Important
akshith kapoor
Sep 25, 2022 7:49 AM
Web Content Article
Why LBMA is Important The London Bullion Market Association (LBMA) is the world's independent precious metals authority and standards setter, ensuring that the precious metals market remains...
-
Other Components to keep in mind for Evaluating the Purity of Gold
akshith kapoor
Sep 25, 2022 7:52 AM
Web Content Article
Other Components to keep in mind for Evaluating the Purity of Gold Measure purity through Karat: Make sure what you desire is what you get and that the gold you are purchasing is genuine. Karat is...
-
What Do the Markings on Gold Tell You About Its Purity?
akshith kapoor
Sep 25, 2022 7:56 AM
Web Content Article
What Do the Markings on Gold Tell You About Its Purity? The 24-Karat hallmark specifies the number of pieces of gold alloyed on a range of 24. This shows that 24 of all the 24 elements are gold,...
-
Types of Gold & Craftsmanship
akshith kapoor
Sep 25, 2022 8:00 AM
Web Content Article
Types of Gold & Craftsmanship Gold is also available in a variety of colors- Yellow gold is a natural color of gold that is held together by copper and silver. Copper, nickel, and zinc are mixed...
-
Why do you follow international rates while you are sitting in Indian market?
admin admin
Sep 25, 2022 9:23 AM
Web Content Article
null {} null Why do you follow international rates while you are sitting in Indian market? As an LBMA accredited company we follow international market rates and we take pride as the only LBMA...
-
What does MMTC-PAMP do with additional stones/gems in the jewellery?
admin admin
Sep 25, 2022 9:12 AM
Web Content Article
null {} null What does MMTC-PAMP do with additional stones/gems in the jewellery? We suggest bringing your old jewellery post removal of additional stones/gems to expedite the transaction duration....
Back 5 Reasons Why MMTC- PAMP Buyback Program Gives You the Right Value of Your Gold
Second to China, India has the biggest collective repository of gold, with Indians owning a mammoth 26,000 tons of gold worth $1000 billion. Gold is viewed not just as a symbol of legacy that’s passed on from generation to generation but is also trusted as a stable and resilient investment option. Since gold is touted as both a status symbol and an investment instrument, it has earned a place in most Indian household lockers and gold vaults across varying quantities.
The repercussion of the current pandemic has left the common man with lesser ways to finance their survival, prompting them to liquidate assets. In such situations, MMTC-PAMP’s Gold Buyback program acts as a savior by enabling people to quickly sell their gold for the best possible cash value. Let’s take a look at how they make this possible:
1. Precise authentication ensures correct sale price
It is important to accurately estimate the authenticity of the gold to arrive at its correct sale value. To gauge that, the gold is initially weighed in its original form and then weighed again after melting. Once the gold is melted and cooled, the next level involves cleaning by pickling and then rinsing again in deionized water. If the gold has any stones or precious gems, it is removed before the start of the process.
2. Superior analytical testing for meticulous fact-checking
Furthering the authentication process, they employ Swiss-engineered X-Ray Fluorescence Technology (XRF) to calculate the exact content of gold in the original form. This technology leaves little to no room for error.
3. Unmatched transparency omits chances of fraudulent activities
They believe in complete transaction transparency. Customers are invited to view the entire process right from melting to purity verification in real-time. The process is also recorded to be played back later via live CCTV. This eliminates any doubts or chances of mishandling or fraud.
4. Software-verified receipt for complete transaction proof
The final software-generated verification receipt has all the important details – right from the purity grade and actual content of gold to the final amount payable to the customer.
5. Bank transfer for instant money deposit and no hidden fee
The final amount is then instantly transferred to the customer’s bank account, so there’s no room for any hidden fee or fund mismanagement.
The entire buyback process takes an average of forty-five to sixty minutes, enabling customers to almost instantly liquidate their gold assets for funds during emergencies. Note that the customer will have to provide certain verification documents like the PAN Card/Aadhaar Card and a canceled cheque to avail of the buyback option. Customers also have the control to exit the process at any time they wish after paying a nominal charge of Rs. 3000.
If you’re looking to exchange your owned gold for instant cash and without compromising on the return value, the MMTC-PAMP’s Gold Buyback Program is the ideal option for you.
Enter your mobile number to proceed
We are currently accepting new accounts by invitation only