Authorized dealer: MMTC-PAMP · SafeGold · Augmont · RSBL

Buyback Policy

Transparent, Fair & Straightforward Precious Metal Buyback

At AvigyanJewel, we believe that purchasing precious metals should come with confidence and long-term value.

Our Buyback Policy is designed to provide customers with a transparent, fair, and straightforward process for selling eligible gold and silver products back to us.

We offer buyback services for eligible bullion products and selected jewellery after verification of authenticity, purity, and condition.

To learn more about our company and commitment to transparency, please visit our About Us page.

Our Promise

Our Buyback Promise

When you purchase from AvigyanJewel, you can expect:

Transparent valuation process
Fair buyback pricing
Professional product verification
Secure bank transfer payments
No hidden processing fees
Prompt customer assistance

Our objective is to build long-term customer relationships based on trust rather than one-time transactions.

Eligibility

Products Eligible for Buyback

Subject to inspection, we may purchase:

Bullion Products

  • Gold Bullion
  • 24K Gold Coins
  • Gold Bars
  • Investment Bullion
  • Minted Gold Products
  • Silver Bullion
  • Silver Coins
  • Silver Bars
  • Investment Silver Products

Jewellery

  • BIS Hallmarked Gold Jewellery
  • Diamond Jewellery (valuation may differ)
  • Plain Gold Jewellery

Acceptance of jewellery is at the sole discretion of AvigyanJewel after inspection.

Accepted Brands

Brands Commonly Accepted

Eligible products may include recognised brands such as:

MMTC-PAMP
Augmont
RSBL
Other reputed refinery brands
Products originally purchased from AvigyanJewel

Acceptance remains subject to physical verification and authenticity.

Preferred Method

Preferred Buyback Method

For maximum transparency, customers are encouraged to visit the authorised MMTC-PAMP PVC Centre, Kolkata, by prior appointment, where the product can be inspected, verified, and the buyback process completed in person.

This enables both parties to verify the product before the transaction is finalised.

Customers outside Kolkata may contact us to discuss alternative arrangements.

Step by Step

How the Buyback Process Works

1

Contact Us

Reach us via phone, WhatsApp, email, or website enquiry. Our team will provide preliminary guidance regarding eligibility.

2

Appointment

An inspection appointment will be scheduled. Customers are advised not to visit without prior confirmation.

3

Product Verification

Our team examines brand, weight, purity, packaging condition, assay certificate (where applicable), hallmark (for jewellery), physical condition, and signs of tampering. Additional testing may be performed where necessary.

4

Valuation

After successful verification, the product is valued using AvigyanJewel's published daily buyback rate applicable at the time of inspection. The valuation considers verified precious metal weight, confirmed purity, current published buyback rate, product condition, and market conditions (where applicable).

5

Customer Confirmation

The calculated buyback value is shared with the customer. The customer may accept or decline the quotation. No buyback transaction is completed without customer approval.

6

Payment

Upon acceptance, ownership transfers to AvigyanJewel. Payment is made through bank transfer only. Cash payments are not provided. Customers may be required to provide valid bank account details matching their identity.

Before You Visit

Documents Required

Customers should carry:

  • Government-issued Photo ID
  • Original GST Invoice (strongly recommended)
  • Purchase Invoice (if available)
  • Bank Account Details
  • PAN, where required under applicable law

Additional documentation may be requested for regulatory compliance.

Product Condition

Original Packaging

For bullion products, customers are encouraged to retain:

  • Original sealed packaging
  • Assay certificate
  • Product card
  • Purchase invoice

These items help facilitate quicker verification and may contribute to a smoother valuation process.

Products without original packaging may still be considered, but additional testing may be required.

Pricing

How Buyback Prices Are Determined

AvigyanJewel uses its own published daily buyback rate, which is based on prevailing bullion market conditions and internal pricing policies.

The final offer may consider:

  • Net precious metal content
  • Verified purity
  • Product condition
  • Packaging status
  • Applicable testing requirements
  • Market liquidity

The published retail selling price and buyback price are different and should not be compared directly.

Important Note

Manufacturing & Minting Premiums

Customers should note that the purchase price of bullion products may include:

  • Minting costs
  • Manufacturing premiums
  • Packaging costs
  • Assay certification
  • Distribution costs
  • Retail margins

These components generally do not form part of the buyback valuation.

Buyback is based primarily on the verified precious metal content and the applicable published buyback rate.

Jewellery

Jewellery Buyback

Jewellery is evaluated differently from bullion. Factors considered include:

  • Net gold weight
  • Purity
  • BIS Hallmark
  • Stone weight (where applicable)
  • Diamond quality (if applicable)
  • Product condition

Gemstones, diamonds, making charges, design premiums, and similar non-metal components may be valued separately or may not be included in the gold valuation.

Terms

Circumstances Where Buyback May Be Refused

AvigyanJewel reserves the right to decline a buyback request if:

  • Product authenticity cannot be verified
  • Counterfeit products are suspected
  • Products appear altered or tampered with
  • Ownership cannot be reasonably established
  • Regulatory requirements are not met
  • Identity verification is incomplete
  • Products are damaged beyond reasonable evaluation
  • The transaction raises concerns under applicable laws or compliance obligations
Payment

Payment Timeline

Following successful verification, customer approval, and completion of compliance requirements, payment is generally processed within one business day by bank transfer.

Processing times may vary depending on banking systems, public holidays, or regulatory checks.

Responsibilities

Customer & AvigyanJewel Responsibilities

Customer Responsibilities

  • Providing accurate identity information
  • Supplying correct bank account details
  • Presenting genuine products
  • Cooperating during verification
  • Retaining invoices and product documentation

AvigyanJewel's Responsibilities

  • Fair product evaluation
  • Transparent pricing
  • Respectful customer service
  • Secure handling of products
  • Confidential treatment of customer information
  • Timely payment after transaction completion
Legal

Limitation of Liability & Governing Law

AvigyanJewel is not responsible for losses arising from:

  • Incorrect customer information
  • Delayed banking systems
  • Regulatory restrictions
  • Events beyond our reasonable control
  • Customer refusal after valuation

Our liability, where applicable, is limited to the value agreed upon in the completed buyback transaction.

This Buyback Policy is governed by the laws of India. Any disputes shall be subject to the jurisdiction of the competent courts having authority over Bardhaman (Purba Bardhaman), West Bengal, unless otherwise required by applicable law.

Get in Touch

Contact Us

Registered Address

AvigyanJewel
391, Aurobindapally,
Bardhaman – 712131,
West Bengal, India

Business Hours

Monday – Friday 11:00 AM – 8:00 PM
Saturday 11:00 AM – 4:00 PM
Sunday & Public Holidays Closed