Understanding Jewelexch for Jewelry Exchange in India

Jewelexch connects Indian jewelry owners with verified buyers and sellers for secure exchanges. This platform facilitates gold, diamond, and antique jewelry trades while addressing common concerns about transparency and fair valuation in India's jewelry market.

How Jewelexch Benefits Indian Jewelry Owners

1. Gold Exchange Simplified Exchange old gold jewelry for new designs or cash offers after mandatory purity verification (Karat check) through certified partners across India.

2. Diamond Valuation Get certified diamond assessments using IGI/GIA standards before listing for exchange across major Indian cities including Mumbai, Delhi, and Chennai.

3. Regional Service Coverage Operational in 15+ Indian states with local collection centers in Gujarat (Ahmedabad), Kerala (Kochi), and Tamil Nadu (Coimbatore).

4. Secure Transactions Escrow payment protection and two-step verification ensure safe exchanges between registered users.

Complete Exchange Process

1. Documentation Requirements

• Original purchase invoice
• Government ID (Aadhaar/PAN mandatory)
• Jewelry images with clear hallmarks

2. Step-by-Step Procedure

• Create verified seller profile
• Schedule appraisal at nearest center
• Review multiple purchase offers
• Finalize transaction with shipping insurance

Pricing Transparency

Rates updated daily based on MCX prices

Security Protocols

• RBI-compliant payment gateways
• Tamper-proof packaging with GPS tracking
• 48-hour dispute resolution window
• Mandatory video verification for high-value items (>₹2 lakhs)

Comparing Options

Traditional local jewelers often provide 15-20% lower valuations than Jewelexch partners due to:

• Limited market reach
• Higher operational costs
• Conservative pricing strategies

Common Exchange Scenarios

• Wedding Jewelry Updates Exchange inherited pieces for contemporary designs before marriage seasons
• Gold Savings Conversion Convert broken jewelry into investment bars or coins
• Diamond Upgrade Programs Trade smaller stones for larger carat weights with value carry-forward

Customer Support

Hindi and English support available through:

• Toll-free number (10AM-7PM IST)
• WhatsApp business verified account
• Email ticketing system (4-hour response)

Note: Physical verification required for all transactions above ₹50,000 as per Indian financial regulations

Verify partner credentials using the Jewelexch verification portal before initiating any transaction. Current service available in 8 major Indian languages including Gujarati, Marathi, and Bengali.