- Gold Assessment & Appraisal: Testing the purity and weight of gold items (ornaments, coins) to calculate accurate valuation.
- Compliance & Risk Mitigation: Ensuring all gold loans adhere to regulatory norms (e.g., RBI guidelines) and internal SOPs to mitigate credit risks.
- Branch Audits & Inspection: Conducting periodic or surprise visits to branches to verify physical gold stock against electronic records.
- Documentation & Reporting: Creating detailed reports on valuation findings, audit trails, and reporting potential frauds or discrepancies.
- Security Validation: Ensuring security measures like solid rooms, CCTV, and weighing balances are operational.