If you are looking to buy Gold jewellery and waiting for festival discount offers, your wait is over now. Manappuram Finance Limited will soon auction its pawned gold jewellery. The gold the finance company is auctioning belongs to people who took loan but could not pay it back.
The auction will take place at as many as two dozen branches of Manappuram Finance on September 29. The auction will be held as per the regulations of the Reserve Bank of India.
Deposit Rs 10,000 prior to Manappuram Gold auction
People willing to take part in the auction to buy gold at reasonable prices will have to deposit Rs 10,000 prior to the auction. The money will be refunded after the auction.
Pan card necessary to take part in Manappuram Gold auction
People who want to take part in Manappuram Gold auction to buy the precious metal will require either a pan card or any other valid ID proof or both. The company, however, reserves the right change the date and venue of the auction without any prior information.
Get more information about Manappuram Gold auction on mobile phone
The company has given the information about the auction through advertisements across several newspapers. People who are interested in buying gold at comparatively cheap prices and want more information, they can contact at 9387160067.