Stuck in a Gold Loan?
We'll Pay It Off & Buy Your Gold.
IGoldcash pays your lender directly — Muthoot, Manappuram, SBI, HDFC, and more. You sign a term sheet, we handle the payment, and you walk out with cash above your outstanding loan amount. No upfront money from you.
When Should You Consider This?
If any of these apply, call us — we can help same day
Loan Tenure Ending
Your loan is due and you can't repay the full amount. Let IGoldcash close it — no penalties, no renewal fees.
Interest Has Piled Up
Months of interest have accumulated and the loan feels impossible to repay. Convert your gold to cash and clear it completely.
You Want Cash Anyway
You were going to sell the gold eventually. Release the loan and sell in one step — no need for two separate visits to two places.
Auction Risk
Lenders can auction pledged gold after default. Acting before auction means more cash back — we move quickly to prevent loss.
How the Gold Loan Release Process Works
From your first call to cash in your bank — typically 24–48 hours
Share Your Loan Details
Call or WhatsApp us your lender name, branch, loan account reference number, and approximate outstanding amount. We calculate your expected payout immediately.
Visit & Sign Term Sheet
Visit our Nehru Colony store with 2 valid government IDs and your reference number. We show you the full written payout calculation. Sign the term sheet and deposit a security cheque.
IGoldcash Pays Your Lender
We transfer the outstanding loan amount directly to your gold loan account via NEFT/RTGS. You receive payment confirmation.
Collect Your Gold
Visit your lender's branch with the payment confirmation to collect your released ornaments. IGoldcash can accompany you if needed.
Purity Testing & Valuation
Back at our store, your gold is tested using the acid and density method — openly in front of you. Final weight and purity verified against the term sheet.
Instant Payment + Cheque Return
Surplus amount paid to your bank instantly via NEFT/IMPS/RTGS. Your security cheque is returned the same moment. Done.
What to Bring
Your loan account number from the lender — required for KYC and direct payment transfer.
Aadhaar Card + PAN Card preferred. Passport or Driver's Licence also accepted. PAN mandatory for transactions above ₹2 lakh.
Provided at our store — outlines agreed rate, 5% margin, outstanding loan amount, and your expected payout. Signed before any payment is made.
A standard legal safeguard during the window between our lender payment and gold receipt. Returned immediately after the transaction is complete — never deposited unless the deal falls through.
Your Payout — Calculated in Writing
Before you sign anything, IGoldcash shows you the exact breakdown:
If the number doesn't work for you — no obligation, no cost. We only proceed when you're satisfied with the payout.
Lenders We Work With
IGoldcash works with all major gold loan providers in Dehradun and Uttarakhand
Not sure if your lender is covered? Call us — we'll confirm within minutes.
Get a Free Payout Estimate
Share your loan details and we'll calculate your expected payout before you visit — no obligation, completely free.
By submitting you agree to be contacted by IGoldcash. We do not share your details with anyone.
Frequently Asked Questions
Everything you need to know about releasing your gold loan through IGoldcash
Do I need to pay anything upfront?
No. IGoldcash pays your lender directly — you do not need to arrange any funds. You sign a term sheet and deposit a security cheque before the process begins. The cheque is returned immediately once the transaction is complete.
Which lenders does IGoldcash work with?
We work with all major gold loan lenders including Muthoot Finance, Manappuram Finance, IIFL Gold Loan, SBI, HDFC Bank, PNB, UCO Bank, cooperative banks, and private financiers across Dehradun and Uttarakhand. Not sure about yours? Call us and we'll confirm immediately.
What documents do I need to bring?
Bring: (1) your loan account reference number, (2) two valid government-issued photo IDs — Aadhaar + PAN preferred; PAN is mandatory for transactions above ₹2 lakh. The term sheet is provided at our store and the security cheque is filled out on the day of signing.
What is the 5% margin, and why?
IGoldcash buys your pledged gold at 5% below the MCX weight-based market value. This margin covers the loan settlement cost, purity testing, processing, and service. Your full payout calculation — (weight × purity × MCX rate) − 5% − outstanding loan = cash to you — is shown to you in writing before you sign anything.
Why do I need to deposit a security cheque?
The security cheque protects both parties during the 24–48 hour window between IGoldcash paying your lender and the gold physically reaching us. It is a standard legal safeguard and is returned immediately after the gold is received and the transaction is complete. It is never deposited unless the transaction is not completed by the customer.
How long does the process take?
24–48 hours from signing the term sheet to receiving your final payout, depending on your lender's processing speed. Major NBFCs like Muthoot and Manappuram typically process same-day releases. Public sector banks may take up to 48 hours.
What if my gold value is less than my outstanding loan?
IGoldcash will tell you before anything is signed. We calculate and show you the payout breakdown upfront. If the gold value doesn't cover the loan plus margin, we will not proceed — there are no surprises, no obligations, and no charges for the consultation.
Is this process legal?
Yes. The transaction is a standard gold purchase where IGoldcash settles your lender's outstanding dues on your behalf. It is fully compliant with PMLA 2002, RBI Master Directions on gold loans, and Section 269ST of the Income Tax Act. IGoldcash is a registered gold buying business in Dehradun — 248001, Uttarakhand.
Ready to Release Your Gold Loan?
Call or WhatsApp with your lender name and outstanding amount.
We'll calculate your payout estimate immediately — free, no obligation.
IGoldcash — BS-26, Nehru Colony, Dehradun — 248001 | Mon–Sat 10am–7pm | Sun 11am–5pm