Paying monthly interest on a gold loan at Muthoot, Manappuram, or your bank? We close the loan for you — no bank visit required — and pay you the remaining gold value instantly.
A typical gold loan at 18–24% annual interest costs ₹1,500–₹2,000/month on a ₹1 lakh loan. Over 3 years: ₹54,000–₹72,000 in interest — on gold you're not even using.
Defaulted gold loans can be auctioned by the bank without court order. Once auctioned, you receive minimal compensation. Acting early protects your full value.
Gold rates have risen significantly. The same gold that was worth ₹80,000 a few years ago may be worth ₹1.4 lakh today. Closing now locks in today's higher value.
We visit the bank, pay the outstanding amount, collect your gold, test it, and pay you the difference — all in one seamless process. Zero effort from you.
We handle gold loan closure at all major lenders across Chennai.
Your lender not listed? Call us — we likely cover it.
Millions of Chennai families have gold pledged at banks and NBFCs — often for years — paying monthly interest charges that can total more than the loan itself. Prime Gold Hub offers a complete gold loan closure service that handles the entire process for you.
When you contact us for gold loan closure, we first verify your outstanding amount. Then our team visits the bank branch directly, pays the principal and interest, obtains the gold release letter, and collects your pledged gold. We bring it to you, test purity with our German XRF analyzer, and pay you the full remaining market value — all in one visit.
You receive: Current market value of gold − Outstanding loan amount − Any interest/penalty. We give you the exact calculation before proceeding so you know exactly what you'll receive. There are no service charges for the closure process itself.
No bank visit. No paperwork hassle. No hidden charges. From your first call to instant payment — the entire process happens at your home.
Call 98405 50644 or WhatsApp us in 60 seconds. Tell us your gold type and preferred visit time — no paperwork, no forms.
⏱ 60 secondsOur certified expert visits your home at your convenience with a German XRF machine. Purity tested right in front of you — accurate, transparent, trusted.
⏱ Same day visitGold pledged at Muthoot, Manappuram, or any bank? We settle the loan directly and handle all bank paperwork — you stay home.
⏱ Under 2 hoursMoney in your account within 30 minutes of evaluation. Cash, UPI, NEFT, RTGS — your choice. No making charges. No hidden deductions.
⏱ Within 30 min⚡ Available Today — Free Home Visit — No Obligation to Sell
Everything about closing your gold loan at any bank without visiting yourself.
We work with all major lenders including Muthoot Finance, Manappuram Gold Loan, IIFL Finance, Shriram Finance, SBI, Indian Bank, Canara Bank, Union Bank, Indian Overseas Bank, Bank of Baroda, Federal Bank, and most private and cooperative banks. If your lender is not on this list, call us — we'll check.
No. You do not need to visit the bank. You share your loan account details with us. Our team visits the bank branch, pays the outstanding principal and interest, collects your gold, brings it to you, tests it with our XRF machine, and pays you the remaining market value — all in one visit.
You receive the current market value of your gold MINUS the outstanding loan amount and interest. For example: if your 22g gold is worth ₹1.43 lakh at today's rate, and your outstanding loan is ₹92,000 — you receive approximately ₹51,000 after closure. We quote the exact amount before proceeding.
Typically 2–4 hours from the time you call us to the time payment is in your account. Complex loans or multi-branch situations may take one full day. We give you a clear timeline upfront.
We handle defaulted and overdue gold loans too — these are common. We calculate the total outstanding (principal + interest + penalty) and proceed with closure. This actually saves you from auction or further penalties. Call us to discuss your specific situation.