How It Works

Sell Your Gold in Quick & Easy Steps with Transparency!

Visit the Gold Point - Muthoot Gold Point
Visit the Gold Point

Customers give their Gold to Muthoot Gold Point for valuation

Gold Cleaning - Muthoot Gold Point
Gold Cleaning

All dirt is removed from your Gold with ultrasonic machines in front of you

Gold Valuation - Muthoot Gold Point
Gold Valuation

Value, weight & purity of Gold is checked on advanced XRF machines in front of you

Gold Rate - Muthoot Gold Point
Gold Rate

Gold is valued as per the current market price

Get an Instant Payment - Muthoot Gold Point
Get an Instant Payment

Get up to Rs 10,000 as cash. Amounts higher than Rs 10,000 instantly paid to your bank account via NEFT/IMPS/RT

How Muthoot Gold Point
is different from traditional jewellers

Muthoot Gold Point Logo

Entire process happens in front of you
Vs

HOW TRADITIONAL Unorganized Players WORK
Multilevel scientific testing for exact Gold value only
Valuation of your GoldValuation of your Gold
Touchstone gives approximate Gold value
Cleans the Gold with ultrasonic machine to get accurate weight
Cleaning of your GoldCleaning of your Gold
Do not clean and deduct melting cost directly
Takes up to 3 decimals points (per gram) that are showing on the weighing scale
Weighing of your GoldWeighing of your Gold
Round off to lowest number showing on the weighing scale
Uses current market rate
Gold RateGold rate
Use lowest Gold rate of the day
Uses highquality crucibles which do not retain any Gold after melting
Melting of your GoldMelting of your Gold
Use low quality crucibles which allows Gold particles to remain inside after melting
Up to Rs 10,000 given as cash. Amounts higher than Rs 10,000 instantly paid to your bank account via NEFT/IMPS/RT. Invoice is always shared.
Mode of Payment / InvoicingMode of payment / invoicing
Cash payment with no invoice given

Muthoot Gold Point Logo

Entire process happens in front of you
  • Multilevel scientific testing for exact Gold value
  • Cleans the Gold with ultrasonic machine to get accurate weight
  • Takes up to 3 decimals points (per gram) that are showing on the weighing scale
  • Uses current market rate
  • Uses high quality crucibles which do not retain any Gold after melting
  • Up to Rs 10,000 given as cash. Amounts higher than Rs 10,000 instantly paid to your bank account via NEFT/IMPS/RT. Invoice is always shared.

How Traditional Unorganized Players Work

HOW TRADITIONAL Unorganized Players WORK
  • Touchstone gives approximate Gold value
  • Do not clean and deduct melting cost directly
  • Round off to lowest number showing on the weighing scale
  • Use lowest Gold rate of the day
  • Use low quality crucibles which allows Gold particles to remain inside after melting
  • Cash payment with no invoice given

Sell Your Gold For Instant Cash At Muthoot Gold Point

Muthoot Gold Point offers safe, transparent & scientifically tested ways of buying your Gold.

We give you an unparalleled experience of selling your old Gold for instant cash. Our 11 state of the art branches across India and mobile van (presently only in Mumbai) are equipped with the latest ultrasonic and XRF machines to clean your Gold for free and check its accurate weight & purity. Not just the process is transparent, rates at which we buy your Gold are as per the market rates.

Why Should You Choose Muthoot Gold Point to Cash for Gold?

Muthoot Gold Point is one of the trusted companies in the precious metal space. We buy Gold from the customer for market value and promise to provide the right amount for Gold.

  • The process is 100% transparent and efficient.
  • Selling Gold in its old condition, which may affect its weight and overall valuation. Muthoot Gold Point cleans the Gold with the ultrasonic machine right in front of the customer. Cleaning dirt from Gold helps estimating the appropriate value.
  • Advanced XRF machines are used to check values, weight and purity of the Gold.
  • At Muthoot Gold Point, the customers can sell Gold for cash. Our services are designed to meet requirement of every customer.
  • The current market price is used every time while evaluating Gold.
  • Up to 3 decimals points are considered as shown on the weighing scale. It helps with the accuracy of the overall weight, and hence the highest value of the Gold is assured to the customers.
  • Muthoot Gold Point uses high quality crucibles to melt the Gold which do not retain any Gold on it after melting.
  • A customer gets up to Rs. 10,000 cash is direct. Amount more than Rs. 10,000 is instantly transferred to the customer’s bank account.
  • One of the most trusted companies to exchange Gold for cash in India. Muthoot Gold Point is the part of Muthoot Pappachan Group (also known has Muthoot Blue) which has legacy of more than 133 years built on trust.

How to Sell Gold Jewelry for Cash near You?

There’s no doubt that Indians are one of the biggest consumers of Gold. Indian households are believed to have accumulated an astonishing 25,000 tonnes of Gold whose value would be approximately equivalent to 40% of India’s GDP in 2019. Indian families tend to hold Gold for many decades and also pass them on to the next generation. There is not only an emotional attachment to the yellow metal but also a tremendous appreciation for its quality as a dependable asset. One may also sell Gold for cash whenever there is a need to do so.

While selling Gold Jewellery, some of the most important factors to consider are Gold value and the trustworthiness of the place to sell your Gold. Even after having many dealers who buy Gold, people are not certain when the question where to sell Gold arises.

Are you searching ‘cash for Gold near me’ on the internet but not getting any promising results? Don’t worry! Now it is easy to sell Gold jewellery with Muthoot Gold Point. We have 11 branches spread across India and mobile vans in Mumbai which are well equipped with modern ultrasonic and XRF machines. Search ‘cash for Gold near me’ to find any of our offices in India. For example, people residing in Delhi can find us at our branch located in Karol Bagh. And, you can walk-in to any of our branches located in Bangalore, Chennai, Ahmedabad, Coimbatore, Delhi, Hyderabad, Kolkata, Mumbai & Vijayawada and sell Gold to get instant cash.

List of Gold Items We Buy for Cash

We know that every customer is unique and comes with different requirements. To serve you better, we have facilitated various options to sell Gold for cash.

You can sell any kind of Gold to get cash from Muthoot Gold Point. Gold Jewellery, Ornaments, Coins, Biscuits and any other form are accepted after checking its purity. Cash for Gold is given lieu of Gold Necklace, Earrings, Bangles, Rings, Bracelet etc the value is dependent on the weight of the ornament.

There is no restriction on Gold type; hence it is easy to sell Gold with us. Compared to coins and biscuits, the in general valuation of jewellery is less because of the added metal and stones.

Fast Pick Up From Your Doorstep & Instant Cash for Gold

The process of selling Gold is easy and quick. Old Gold buyers usually take a lot of time to complete the Gold valuation. The customer has to wait to get his money which may affect his financial condition. Selling Gold online is convenient with Muthoot Gold Point because we have made sure to fasten the process along with safe, transparent and scientific valuation methods. The entire procedure is quick and consists of straightforward steps. You will get cash directly transferred to your bank account in no time.

We have introduced a mobile van to Mumbai residents to provide a facility to sell Gold near you. It is India’s first Gold van providing services right at your doorstep.

You can contact us online to sell your Gold at doorstep.

Read more

Muthoot Gold Point Logo

The Muthoot Pappachan Group, with a reputation that has been shaped over decades with high quality practices, total customer satisfaction and steady growth, spanning decades in the field of business, is a legacy built on God-given values of trust, truth, transparency and tradition and has become one of the top business houses today by the grace of God.

More then 4,200 Branches across India

Over 4,200 Branches across India

132 + years of Legacy

133+ years of legacy

Over 24,000 Employees Serving Millions of Customer

Over 24,000 employees serving millions of customer

Walk in of over 1,00,000 Customers Per Day

Walk in of over 1,00,000 customers per day

Testimonials

Our Customer Stories

My mother and I have sold some very old gold over the past few months to three different organizations. One was a branch of an old established famous Jeweller in Mumbai while two were only buyers of gold. Of these, our experience with Muthoot Gold Point has been by far the best. We were impres.. read more

SACHIN JONEJA

Vijay Sharma Testimonial on Muthoot Gold Point

I wanted to sell some gold jewellery to pay for the construction of my house – my contractor had cheated us. I saw the MGP advertisement on a government bus and decided to meet them as I was in great need. My earlier experience of selling the gold had not been good. But, the salesperson at MGP sat.. read more

Basvaraju

I can never forget Muthoot Gold Point. If I had not come to know about MGP at the right time, I could have lost everything. In family and business, money is tight, when you need it the most. At these times, if there is a provision to sell your gold, plot of land, house and silver, then you can mee.. read more

Srinarayan

I was looking to pay the last year’s fee for my eldest son’s engineering college, I did not have enough money. My wife asked me to sell all our gold jewellery and coins we had collected over the years. I went to some local jewellers and was shocked – they offered less than half of the value of the.. read more

Vijay Sharma

Amar Singh Testimonial on Muthoot Gold Point

When my father needed an emergency by-pass, I took all the jewellery and sold gold for cash, I had to MGP, straight away. I had dealt with them earlier also. The first time I took a loan was from them to set up my parlor four years ago. Luckily, i was able to repay the money and get my gold back. .. read more

AMAR SINGH

Frequently Asked Questions


Why Should I Choose Muthoot Gold Point to Sell my Gold?

If you want cash for gold, Muthoot Gold Point, your ideal solution to sell gold at fair prices. Forget about the old gold buyers and come to get better deals. Reasons to visit Muthoot Golf Point-:

  • Better valuation of gold
  • 100% transparent process
  • Multi-level scientific testing for weight and purity
  • Free test for your gold
How Much Do Gold Buyers Pay For Gold?

When you go to old gold buyers to sell gold for cash, you will hardly get half of your gold’s worth. Hence, it is beneficial to look for credible options to get cash for gold.

How Is Valuation Done And How Long Does It Take?

The valuation procedure to avail cash for gold at Muthoot is quite different and more credible than old gold buyers. We value the gold with the multi-level scientific process before you sell gold for cash.

Will My Ornaments Get Damaged Due To Testing?

We follow a 100% transparent and safe testing process using state of the art machines and testing methods. So, your ornaments are safe when you need cash for gold.

How Is Gold Price Per Gram Calculated?

Gold price per gram is calculated by ascertaining the price of gold prevailing in the market. For instance, if the current price of gold is 46,000 for 10 grams, the per gram price will be calculated as 46,000/10 = 4,600 INR.

Do I need any documents for selling my jewelry?

If you want to exchange gold for cash at Muthoot Gold Point or if you want to sell gold online legally, you would need to present any of the following documents-

  • Passport
  • Driving /license
  • Voter ID/ Election ID
  • Aadhaar Card

You are also requested to carry your invoice or bill of the jewellery, though it is not mandatory.

How can I sell my gold without Bill

If you are looking to exchange gold for cash and lost your bill, then you can bring in your identity proof along with an address proof which is verified by the government

What is the best way to sell gold?

If you are confused about where to sell gold, reaching out to Muthoot Gold Point is the best option that can give you fair deals on your gold.

Do Gold Buyers buy Gold from Doorstep?

Are you looking for “gold buyers near me”? Muthoot Gold Point can provide you with a doorstep buying service, where our executives will come to collect your gold.

I Am 18 To 21 Years Old Can I Sell My Jewellery?

You would need to bring written consent from your parent or guardian for selling gold jewelry without any legal conflict.

Do I Need To Visit Muthoot Gold Point Branch To Sell Gold jewelry?

You can either visit the branch or opt for doorstep service for selling gold jewelry at Muthoot Gold Point. We will provide you with all the convenience.

Write to us

I authorize Muthoot Exim Pvt. Ltd. & other Muthoot Pappachan Group companies (including its Agents/representatives) to call/communicate with me on their product offerings/promotions through Telephone/Mobile/SMS/email ID.

Muthoot Gold Point Branch Locations

Visit Any of Our Branches to Sell Your Gold for Instant Cash

  • Ahmedabad
  • Bangalore
  • Berhampur
  • Chennai
  • Coimbatore
  • Delhi
  • Ernakulam
  • Kolkata
  • Madurai
  • Mumbai
  • Trichy
  • Vijayawada

Ahmedabad

Sell Gold in Ahmedabad at Muthoot Gold Point

4701 Vishal Commercial Centre Beside Jyoti Sangh Building, Opp. Axis Bank,
Patharkuva, Relief Road, Ahmedabad Gujarat 380001 India Phone: 079-26442112

Bangalore

Sell Gold for Cash in Bangalore at Muthoot Gold Point

No. 14, Sri Ramula Arcade, Jewellers Street, Near Commercial Street Police Station,
Bengaluru - 560001, Tel: 804-2351234

Chennai

Cash for Gold in Chennai at Muthoot Gold Point

First Floor,Door No:214/9,Madley Road, Opp.T Nagar Bus Stand,
T Nagar, Chennai, Tamil Nadu- 600017, Tel: +9144- 24366336

Coimbatore

Cash for Gold in Coimbatore at Muthoot Gold Point

Ground Floor, Door No 323, NTR Complex, Raja Street,
Coimbatore, Tamil Nadu 641001. Tel: +91422 2381234

Madurai

Sell Gold for Cash in Madurai at Muthoot Gold Point

Ground Floor, Door No.27 A, Thottian Kinatru Street,
Opposite Maravar Chavadi Pillaiyar Kovil Madurai Tamil Nadu 625001 India Phone: 0452-2350500

Mumbai

Sell Gold for Cash in Mumbai at Muthoot Gold Point

To schedule a visit at your doorstep, please call us on given phone numbers -

Phone: 7356534111/7034431122
Email: mumbaimobilemgp@muthootexim.com

Trichy

Sell Gold in Trichy at Muthoot Gold Point

1st Floor, Old No.25, New No.5 Opposite Axis bank Rock Fort Branch,
Chinnakadai Street Trichy Tamil Nadu 620002 India Phone: 0431-2702200

Delhi

Cash for Gold in Delhi at Muthoot Gold Point

Ground Floor, Shop No.5, Plot No – 2652/53,Stuti Building, Bank Street,
Karol Bagh, Delhi 110005 Tel: +91 11 45539686

Kolkata

Sell Gold for Cash in Kolkata at Muthoot Gold Point

Ground floor, 43 Ashutosh Mukherjee Road, Bhowanipur, Kolkata-700025,
Near Netaji Bhavan Metro Station. Tel: +91-33-24868222, E-mail: bhowanipur@muthootexim.com

Vijayawada

Sell Gold in Vijayawada at Muthoot Gold Point

Ground floor, Door No–27-14-59, Rajagopalachari Street ( East), Governorpet,
Vijayawada – 520002, Andhra Pradesh. Tel: 0866-2973535

Ernakulam

Sell Gold in Ernakulam at Muthoot Gold Point

Door No. 66/5410, First Floor, AVS , Building, M.G.Road, Near metro pillar no. 662
Ernakulam Kerala 682035 India Phone: 0484 4862677 Email: ernakulam@muthootexim.com

Berhampur

Cash for Gold in Berhampur at Muthoot Gold Point

Anand Bazar Complex , Near Punjab National Bank,Sano Bazar Berhampur,
Ganjam Odisha 760002 India Phone: 0680-2251771