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Sell Your Gold in Indore For Instant Cash at Muthoot Gold Point

Indore, the most populous city of Madhya Pradesh, is witnessing rapid development since its inclusion in the 100 cities to be developed as smart cities under the Smart Cities Mission of the Indian Government. Indore is a hub for several industries like the manufacturing of cement, tiles, textiles, sports goods, and more.
There are numerous gold sellers and gold buyers in Indore. Among the various options to sell gold in Indore, Muthoot Gold Point is the most trusted gold buying and gold selling company in the city.

How to sell gold for cash near me?

The old gold selling rate is the same as the new gold-selling rate, and the government has strict guidelines that the gold rate will be based only on the purity of gold and not its age.

Buyers have several options to sell gold in Indore. They can sell gold to local jewellers or a reputed gold buying and gold selling company like Muthoot Gold Point. People usually face several problems with selling gold to local jewellers. Non-branded jewellers use the lowest old gold selling rate of the day to buy gold from customers. They also take only the approximate value and weight of the gold. In contrast, Muthoot Gold Point offers its customers:

  • A transparent and authentic gold selling experience
  • Instant cash up to Rs. 10,000 and immediate NEFT/IMPS/RT transfers with an invoice above it
  • Gold valuation at the current market rate
  • Highly advanced techniques to clean, melt, and weigh the gold

Documents required to sell gold in Indore

Gold buyers in Indore ask for the following documents of the customer:

  1. Resident Indians can give any 2 of the following documents to sell gold in Indore:
    • Aadhar Card
    • Passport
    • PAN
    • Rental Agreement
    • Driving License
  2. Non-resident Indians can give any 2 of the following documents to sell gold in Indore:
    • Address proof
    • Passport
    • PAN

Sell gold online Indore

Traditional methods of selling gold are very time-consuming and do not give the accurate value of gold to the customers. Moreover, after the pandemic, people are apprehensive to visit public places and be in physical contact with people at stores and outlets.

Customers can now sell gold online Indore to get the best price on their old gold. Muthoot Gold Point buys gold using a fast process. Customers can contact the gold selling company online and sell their gold at the doorstep.

Muthoot Gold Point: The best gold selling company in Indore

Several unique features and benefits offered by Muthoot Gold Point to customers are:

  • Free cleaning of gold using ultrasonic machines before the customer to give the accurate weight and valuation of the gold.
  • Use of the current market price of the gold.
  • Advanced XRF machines to check the value and purity of the gold articles.
  • Completely transparent process of buying gold from the customer.
  • Use of superior quality crucibles to melt the gold so that chunks of gold are not retained after melting.
  • Accurate measurement of the gold’s weight by taking up to three decimal points per gram as shown on the weighing scale.
  • Free purity testing of the gold to find its true value.

Process of selling gold at Muthoot Gold Point

Muthoot Gold Point, a part of Muthoot Pappachan, is India’s most trusted name in the world of precious metals. Known as Muthoot Blue, it has a legacy of having its customers’ trust for over 134 years. The process of selling gold with Muthoot Gold Point is very quick and convenient.

  • Visit the nearest outlet of Muthoot Gold Point and give the old gold for valuation. To find the Muthoot Gold Point store at Indore, click here.
  • Experts at Muthoot Gold Point clean the gold from all impurities using ultrasonic machines before the customer. 
  • Then they weigh, value, and calculate the purity of the gold in the presence of the customer. 
  • The gold is valued based on the current gold rate in Indore. 
  • Customers are given instant cash for an amount of Rs. 10,000 or less. For higher amounts, customers get an instant fund transfer in their bank accounts with an invoice.

Where Can I Sell Gold for Cash in Indore

If you have been searching for a ‘gold selling shop near me’, we are old gold buyers here to serve you. Pay us a visit at our Muthoot Gold Point branch near you!
UG – 4/15, Bansi Trade Centre, Roshan Singh Bhandari Marg, MG Road, Indore – 452001.
Contact Number (Mobile): 9072002088
Landline : 0731-3500113
Email: indore@muthootexim.com

Our Presence in other Locations: Gold Buyers in Bangalore, Gold Buyers in Madhya Pradesh, Gold Buyers in Coimbatore, Gold Buyers in Kolkata, Gold Buyers in Delhi, Gold Buyers in Vijayawada, Gold Buyers in Mumbai, Gold Buyers in Pune, Gold Buyers in Noida, Gold Buyers in Vizag, Gold Buyers in  Andhra Pradesh, Gold Buyers in Ahmedabad, Gold Buyers In Hyderabad, Gold Buyers In Kerala, Gold Buyers In Chennai

Vidya Balan with Muthoot Gold Point
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

Sachi Jonega Testimonials on Muthoot Gold Point

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 impress.. 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

Shri Narayan Testimonials on Muthoot Gold Point

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 w.. read more

AMAR SINGH

Frequently Asked Questions


Why Should I Choose Muthoot Gold Point for Selling Gold in Indore?

Muthoot Gold Point assures the highest value of gold with state-of-the-art technology, latest testing methods and systems. We conduct multi-level testing for determining the exact value of the gold completely free of cost, and also provide free ultrasonic cleaning of your ornaments to know their precise weight. So if you want to sell gold for cash in Indore, it is advisable to opt for Muthoot Gold Point.

How do I exchange gold for cash in Indore?

To meet your emergency financial requirement, you can sell old gold in Indore at Muthoot Gold Point. As one of the most reliable gold buyers in Indore, we ensure you receive an unparalleled experience while selling your old gold for instant cash.

How Muthoot Gold Point calculates gold jewellery price in Indore?

Muthoot Gold Point is a trusted jeweller in Indore that buys gold and gold jewellry for the best possible value. Our expert buyers use XRF machines to check the weight, purity and market value of your jewellry RIGHT IN FRONT OF YOU. The final price is decided according to the present gold market rate.

Do I Need to Submit any Document to Sell Gold in Indore?

If you want to sell gold for cash in Indore at Muthoot Gold Point, 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 Gold Buyers in Indore Check the Purity of Gold Ornaments?

If you’re looking to sell your gold jewellery, Muthoot Gold Point gives you the best rates in Indore. Utilizing highly advanced XRF machines and certified by the Indian Bureau of Standards, we ensure that all our customers are thoroughly satisfied.

Where can I sell my old gold Jewellery in Indore?

Muthoot Gold Point is your one-stop destination to sell old gold for cash in Indore. With years of experience in the precious metal space, we offer you a comprehensive range of products and services that meet your needs.

Do I Need to Visit Muthoot Branch to Sell Gold in Indore?

Yes. To sell gold in Indore simply visit a Muthoot Gold Point branch located in UG – 4/15, Bansi Trade Centre, Roshan Singh Bhandari Marg,

Indore madhya pradesh 452001

India

How Much Gold Can I Sell in Indore?

The government has amended the process to sell gold for cash in Indore for Rs. 10,000 per person per day basis the standard old gold rate in Indore.

Can I Get Money Transferred to My Account Instead of Cash for Gold in Indore?

When you sell gold in Indore at Muthoot Gold Point, up to Rs.10,000 is given in the form of cash. Amounts higher than that are transferred to your account via IMPS/NEFT/RT.

Can I Get Back my Gold After Selling it to Muthoot Gold Point?

We melt your gold at the time of exchange, transfer it to our refinery and make 995 gold bars. Once you sell gold in Indore or at any of our other outlets, you won’t be able to retrieve it later.

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    Muthoot Gold Point Branch Locations

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

    • Bengaluru
    • Chennai
    • Coimbatore
    • Delhi
    • Ernakulam
    • Gurgaon
    • Hyderabad
    • Indore
    • Kolkata
    • Madurai
    • Mumbai
    • Noida
    • Pune
    • Vijayawada
    • Vizag

    Bengaluru

    Sell Gold for Cash in Bengaluru at Muthoot Gold Point

    Muthoot Gold point, No. 14, Sri Ramula Arcade, Jewellers Street, Near Commercial Street Police Station,
    Bengaluru - 560001, Tel: 0804-2351234 & 9072031234
    Email: jewellersstreet@muthootexim.com
    Email (Van): Bangaloremobilemgp@muthootexim.com

    Chennai

    Cash for Gold in Chennai at Muthoot Gold Point

    Muthoot Gold point | No :214/9 | First Floor | Madley Road | T-Nagar | Chennai - 600017
    Tel: 044–24366336 Email: tnagar@muthootexim.com

    Coimbatore

    Cash for Gold in Coimbatore at Muthoot Gold Point

    Muthoot Gold Point, Ground Floor, Door No. 323, NTR complex, Raja Street, Coimbatore - 641001
    Mobile: 7593801161 Tel: 0422-2381234
    Email: rajastreet@muthootexim.com

    Madurai

    Sell Gold for Cash in Madurai at Muthoot Gold Point

    Muthoot Gold point., Ground Floor, No.27A, Thottian Kinatru Lane, South Masi Street, Madurai-625001.
    Phone: 0452-2350500 Email: madurai@muthootexim.com

    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

    Noida

    Sell Gold for Cash in Noida at Muthoot Gold Point

    Muthoot Gold Point, Ground floor , PlotNo-21, Block F, sector 18, Gautam Budh Nagar, Nodia UP - 201301
    Phone: 0120-4296661 Email: noida@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

    Muthoot Gold Point, Ground Floor, Shop No.5, Plot No. 2652/53,
    Stutee Building, Bank Street, Karol Bagh, Delhi-110005
    Tel: 011-45539686 Email: bankstreet@muthootexim.com

    Kolkata

    Sell Gold for Cash in Kolkata at Muthoot Gold Point

    Muthoot Gold Point, Ground Floor, 43, Asutosh Mukherjee Road, Near Netaji Bhavan Metro Station, Bhowanipur, Kolkata-700025
    Tel: 033-24868222 E-mail: bhowanipur@muthootexim.com

    Vijayawada

    Sell Gold in Vijayawada at Muthoot Gold Point

    Muthoot Gold Point, D.NO:-27-14-59, Rajagopalachari Street, Beside Buckingham Post Office, Governorpet, Vijayawada,AP-520002
    Phone : 0866-2973535 / 0866-3500683
    Email: vijayawada@muthootexim.com

    Ernakulam

    Sell Gold in Ernakulam at Muthoot Gold Point

    Muthoot Gold Point, Near Metro Pillar No.662, First Floor, AVS Building, M.G. Road, Cochin-682035
    Phone: 0484-4862677 Email: ernakulam@muthootexim.com

    Gurgaon

    Sell Gold for Cash in Gurgaon at Muthoot Gold Point

    Muthoot Gold Point, 1st Floor, Door No. - SCF-27, Sector-14, Near Haldiram Restaurant, Gurgaon, Haryana - 122001
    Mobile: 9072001693 & 0124 – 4386468 Email: gurgaon@muthootexim.com

    Pune

    Sell Gold in Pune at Muthoot Gold Point

    Muthoot Gold Point 351 Narayan Peth, Near Vijay Talkies, Laxmi Road Pune 411030
    Contact Number : Mobile 9072001375 / Landline : 020-24480688
    Email: pune@muthootexim.com

    Hyderabad

    Sell Gold in Hyderabad at Muthoot Gold Point

    Muthoot Gold Point, Door No. 5-1-64/7, 1st Floor, Near Metro Pillar no. A 825, Opp Kukatpally
    Police Station, Kukatpally - Hyderabad 500072, Telangana
    Contact Number : Mobile 9072001374 / Landline : 040-23060504
    Email: kukatpalli@muthootexim.com

    Indore

    Sell Gold in Indore at Muthoot Gold Point

    Muthoot Gold Point, UG – 4/15, Bansi Trade Centre, Roshan Singh Bhandari Marg, MG Road, Indore – 452001.
    Contact Number : Mobile 9072002088 / Landline : 0731-3500113
    Email: indore@muthootexim.com

    Vizag

    Sell Gold in Vizag at Muthoot Gold Point

    Muthoot Gold Point, Door no. 47-15-4, Ground Floor, Gurbang Complex, OPP: Gupta Bro’s(Books), Diamond Park Road,
    Dwarkanagar, Visakhapatnam-530016.
    Contact Number : Mobile 9072002093 / Landline : 0891-2552093
    Email: vizag@muthootexim.com