Page 14 - Bullion World Issue 02 Volume 06 February_2026
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Bullion World | Volume 6 | Issue 02 | February 2026
MMTC-PAMP Introduces
Transparent and
Instant Silver Buyback
at Karol Bagh and
Lajpat Nagar, New Delhi
Exclusive Brand Stores
Customers can now sell silver coins, bars or
jewellery at MMTC-PAMP through a transparent
buyback process available at exclusive stores
in Delhi, offering live purity verification, clear
valuation and instant bank payout.
Mr Samit Guha, Managing Director & CEO
MMTC-PAMP, India’s trusted brand for gold and silver, The silver buyback process at MMTC-PAMP takes
has announced the launch of its transparent and place through the following steps:
instant silver buyback service at its exclusive brand 1. Customers visit MMTC-PAMP Exclusive Brand
stores in Karol Bagh and Lajpat Nagar, New Delhi. Store with their silver coins, bars or jewellery.
The service simplifies the process of selling silver by 2. Each silver item is melted and tested using XRF
offering verified purity testing, transparent valuation technology, the industry standard for accurate
and immediate bank transfer payout. purity verification.
3. The testing is conducted under live CCTV
Silver is quite commonly held in Indian households, monitoring, which allows customers to view the
either as coins, bars or jewellery, often acquired over process in real time.
time for personal use or gifting. When selling silver, 4. The silver is valued based on the prevailing market
customers have traditionally faced challenges around buyback rate after purity verification.
purity verification, price transparency and payment 5. The final amount is instantly transferred to the
timelines. customer’s designated bank account upon
completion of the process.
MMTC-PAMP’s silver buyback service addresses
these concerns through visible testing and a clearly To avail of the silver buyback service, customers are
defined process. Customers can walk into an MMTC- required to provide a valid Aadhaar Card or PAN Card
PAMP Exclusive Brand Store with their silver items and for identity verification, along with a cancelled cheque
complete the transaction through a straightforward for bank account verification and payout processing.
in-store process. The service is currently available only at MMTC-PAMP
Exclusive Brand Stores in Karol Bagh and Lajpat Nagar,
New Delhi.
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