What happens when a gold loan isn't repaid — and how to bid on the result.
A gold loan auction is how banks and NBFCs recover value from gold pledged against a loan that wasn't repaid. It's a regulated, RBI-guided process, and every packet that reaches auction is open for public bidding.
All Gold Loan Auctions
984 results · Updated October 23, 2026Listings and counts are based on current uploads from banks and NBFCs and may change as new auctions are added.
Why gold loan auctions exist, and what protects the borrower
When someone takes a loan against gold and does not repay within the lender's notice period, the lender, bank or NBFC, is permitted to auction the pledged ornament to recover the outstanding amount. This is a standard RBI-guided recovery step used across the industry.
The process is designed to stay fair on both sides: the borrower can reclaim the gold any time before it is handed to a winning bidder, and bidders get transparent weight and purity details before they bid.
Trusted by 40+ banks, NBFCs & cooperative institutions
Frequently asked - Gold Loan Auctions
What exactly is a gold loan auction?
It is the sale of gold ornaments pledged against a loan that was not repaid within the lender's notice period, conducted as a public e-auction so the lender can recover the loan amount.
Does the original borrower lose all rights once the auction is listed?
No. As per RBI guidelines, the borrower can reclaim the pledged ornament any time before it is handed to the winning bidder, even during a live auction.
Is there a difference between bank and NBFC gold loan auctions?
The underlying process is the same; the difference is simply who is selling. Both follow the same recovery framework and are listed side by side here.
How do I know a packet's purity before bidding?
Every listed packet shows gross weight, net weight, and tentative purity as declared by the seller, so you can bid with that information upfront.