When you pledge gold with a bank or NBFC, you are essentially taking a loan against your gold ornaments. The gold remains with the lender as collateral until you repay the loan.
Challenges in Releasing Pledged Gold

Complex Documentation
Paperwork and formalities can be confusing.
Negotiation
Their experts negotiate on your behalf for any overdue or settlement charges.
Time-Consuming
The process can be lengthy and stressful, especially if you have multiple loans or overdue payments.
How SVRSK Helps
SVRSK is a professional service provider specializing in helping individuals release their pledged gold. Here’s how they simplify the process.
End-to-End Assistance
- Documentation: SVRSK handles all paperwork and formalities required by banks/NBFCs.
- Negotiation: Their experts negotiate on your behalf for any overdue or settlement charges.
- Settlement: They ensure all dues are cleared and the gold is released promptly.
Immediate Payment
- Once your gold is released, SVRSK pays you based on the current market value of gold-often higher than what banks/NBFCs offer for outright sale.
Transparent Process
- You are kept informed at every step.
- No hidden charges; all fees are communicated upfront.
Steps to Release Your Pledged Gold with SVRSK
- Contact SVRSK: Reach out via their website, phone, or visit their local office in Telangana or Andhra Pradesh.
- Share Loan Details: Provide information about your gold loan (loan account number, lender details, etc.).
- Assessment: SVRSK evaluates your gold and outstanding dues.
- Settlement & Release: They settle the loan with the lender, collect your gold, and pay you the market value.
- Handover: You receive your gold or the cash value, as per your preference.
Why Use a Service Like SVRSK?
- Saves Time: No need to visit banks/NBFCs multiple times.
- Expertise: Professionals handle negotiations and paperwork.
- Better Value: Get the best possible price for your gold.
- Peace of Mind: Avoid stress and uncertainty.
Local Context: Telangana & Andhra Pradesh
- Prevalence: Gold loans are common in both states, with major lenders like Private and Public Banks, and local NBFCs.
- Regulations: The RBI regulates gold loan practices. Always ensure your lender is RBI-approved (Source: RBI Guidelines).
Final Tips
- Always check the current gold price before proceeding.
- Ensure you have all original loan documents and ID proofs ready.
- If you have multiple loans, SVRSK can help consolidate and release all your pledged gold in one go.