Reasons – How Muthoot Gold Point Stand on Top Among Gold Buying Companies


Gold is one of the most valuable and precious metals in India that carries a significant monetary value. Almost every household buys gold at some point to reserve financial safety. With the increasing prices of gold in the Indian market, now is the right time to sell your gold jewellery to a gold buying company and earn some extra money. 

So, if you have reserved gold jewellery or need funds to meet your requirements, it would be wise to visit one of Muthoot Gold Point’s branches to get instant cash for gold. The process of converting gold into cash is transparent. 

You will need to visit a Muthoot Gold Point branch, get your gold evaluated, and get good returns. The cleaning and purity checking process is carried out by scientifically tested machines, and that, in front of your eyes for complete transparency and satisfaction. Muthoot Gold Point offers the best price for your old gold compared to other lenders in India.

How to check the purity of gold before selling it?

Before handing over your gold jewellery to a gold buying company, here are the things to know: 

  • Check if the gold jewellery is hallmarked. If it is, it means that the purity of the gold is determined by one of the licensed BIS labs. If not, you will have to get it hallmarked to resolve any conflict on the purity and weight.  
  • Check the purity in karat and fineness. The gold jewellery must have a purity mark between 18 to 22 karats. 
  • Make sure the gold jewellery has the  BIS identification mark. 

How to sell your gold jewellery to Muthoot Gold Point?

Muthoot Gold Point offers a convenient and safe platform to get cash for gold. Follow the steps below to sell your gold  for cash: 

  • Visit the nearest Muthoot Gold Point branch and get the gold items evaluated. 
  • The gold jewellery is cleaned with an ultrasonic machine to remove dirt. Keep in mind that the process is done in front of you. 
  • The value,  weight, and purity of gold are determined through the XRF machine. 
  • Gold is evaluated based on its value, weight, and purity. 
  • You will get a price for your gold based on the current market price.

After going through the said process and if you are satisfied with the evaluation, you can hand over the gold items to the Muthoot Gold Point’s Representative. If the amount is Rs. 10,000/- or below, you will get cash for it. If the amount is above Rs. 10,000/-, it will be transferred to your bank account via NEFT,  RT, RMPS.

Documents required to get cash for gold  

To sell your gold jewellery at Muthoot Gold Point, you will need to submit one of the following government-issued documents: 

  • Passport
  • Driving license
  • Aadhaar Card
  • Voters ID Card
  • Election Card

While selling gold at Muthoot Gold Point, it is advisable to carry the purchase invoice of the gold jewellery. It is not mandatory, but it can remove any conflict regarding the value and purity of gold.  

Reasons to sell your gold jewellery at Muthoot Gold Point

Muthoot Gold Point is one of the leading gold buying companies in India. It offers the most convenient and transparent process to convert your gold into cash. Here are some of the reasons to choose Muthoot Gold Point to get cash for gold:

  • The best evaluation of gold
  • 100% transparency in the process
  • Scientifically tested machines to determine weight and purity. 
  • Gold is evaluated for free at Muthoot Gold Point. 

In short

If you want to sell your gold jewellery to meet a financial requirement, it would be wise to hand it over to Muthoot Gold Point to get the best prices possible for your gold jewellery based on the current market gold rate.