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We win 99% times gold auction online. We use latest technology to do online gold auction
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Till now win 2000+ auctions all over India. One of the growing and leading platforms with 500+ expert bidder’s network.

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We successfully help 80+ clients in their auctions. We win any kind of auction types like forward and bacward.

500+ bidders network

We are one of the growing and leading platforms which provide online aucton help in India. We have 500+ bidders network.

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Bid reach faster to web server which increase chance to win gold. We have multple backup for lease line.

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Upgraded computers with latest hardware. Intel core 10 CPU Intel iris+ graphics cards. 64GB ram and 2TB SSD harddisk.

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10+ years of experience

We have tieups with most of indian banks for gold auction.

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    Case Details:

    Frequently Asked Questions

     
     
    The auction process involves the following steps:
    1. Default/ intimation notices to the borrower.
    2. Pre-auction intimation notice to the borrower.
    3. Advertisement for conducting auction.
    4. Guidelines to conduct auction.
    5. Documentation of auction event.
    6. Delivery of gold jewellery.
    7. Loan adjustment.
    8. Communication to the borrower.

    Gold loan (also called loan against gold) is a secured loan taken by the borrower from a lender by pledging their gold articles (within a range of 18-24 carats) as collateral. The loan amount provided is a certain percentage of the gold, typically upto 80%, based on the current market value and quality of gold.

    Contemporary designs sell at auction for lower prices than in stores—sometimes for less than half the retail price.

    The lender performs gold purity checks and determines its weight on the basis of which it evaluates its market value. Gold loans can be sanctioned up to 80 percent of the calculated value of the pledged gold. Once the value of the pledged gold is evaluated, the documents are verified.

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