Trusted Gold Loan Audit Experts Since 2011

A decade-plus of specialized expertise in gold loan auditing, valuation, and compliance services for India's leading financial institutions.

Built on Trust, Driven by Precision

Jay Bhairav Jewellers Gold Audit & Valuation Services was founded in 2011 in Ahmedabad, Gujarat, with a singular mission: to bring professional, transparent, and accurate gold loan audit services to India's rapidly expanding financial sector.

As gold loan portfolios grew exponentially with the rise of banks and NBFCs in this space, so did the need for independent, specialized audit partners who understood both the nuances of gold assessment and the rigors of financial compliance.

Since our inception, we have served some of India's most prominent financial institutions, building a reputation for accuracy, confidentiality, and actionable insights that genuinely improve portfolio quality and reduce risk.

2011

Founded in Ahmedabad

Jay Bhairav Jewellers established as a specialist gold loan audit and valuation firm serving local banks.

2013

NBFC Partnerships Commence

Expanded services to cover leading NBFCs, developing the mystery shopping and packet counting audit frameworks.

2016

Pan-India Operations

Scaled operations across multiple states, deploying local teams with centralized quality oversight.

2020

Full-Time Valuation Model Launched

Introduced dedicated on-site valuer placement at high-volume gold loan branches across India.

2025

Professional PAN India Audit Services

Expanded nationwide audit services across India to ensure standardized processes, accurate reporting, and strong internal controls.

The Principles That Guide Us

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Accuracy

Every valuation and audit finding is meticulously verified, backed by evidence, and held to the highest standards of precision.

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Transparency

We provide clear, comprehensive reports that tell institutions exactly what they need to know — without ambiguity.

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Confidentiality

Customer data, audit findings, and institutional information are handled with absolute discretion and professional ethics.

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Compliance

Our processes are designed to align with RBI guidelines, NBFC regulations, and institutional policy requirements.

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Integrity

Independence and impartiality are non-negotiable. Our findings reflect reality, not what anyone wants to hear.

Meet Our Founder

Sanjay Modi - Founder & Lead Auditor

Sanjay Modi

Founder & Lead Auditor

Sanjay Modi is a commerce graduate with over 14 years of experience in the banking and non-banking finance sector. He specializes in gold loan audits, with extensive on-field audit exposure across banks and NBFCs across India.

His expertise covers gold loan processes, regulatory compliance, and risk assessment. Having transitioned from core banking operations, he now focuses primarily on audit and compliance functions, particularly in the Gold Loan Audit and Valuation segment.

Sanjay founded Jay Bhairav Jewellers in 2011 with a vision to bring professional, independent audit services to the gold loan industry — a segment that, despite its enormous scale, lacked specialized external audit partners. Today, that vision has been realized through a pan-India operation serving India's leading financial institutions.

Commerce graduate with deep banking sector background
14+ years in banking and NBFC operations
Specialized expertise in gold purity testing and valuation
Extensive on-field audit experience across pan-India operations
Expert in RBI gold loan regulations and compliance frameworks

The People Behind JBJ

Experienced professionals committed to delivering accurate, compliant, and actionable audit outcomes.

Pradip Modi
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Pradip Modi
General Manager

Oversees daily operations, team coordination, and service delivery to ensure efficient execution, quality control, and client satisfaction across all audit and valuation activities.

Daksh Modi
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Daksh Modi
Compliance Manager

Ensures adherence to regulatory requirements, internal policies, and industry standards while managing compliance checks, risk controls, and audit integrity across all engagements.

Partner with India's Trusted Gold Audit Experts

14+ years of specialized expertise, pan-India reach, and a proven track record of improving gold loan portfolio quality.

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