Buy Back / Upgrade

At the time of buy back or upgrade the actual valuation is not confirmed to the customer. Generally Buy Back or Upgrade is offered at 10 to 20% discounted rates of the Diamond, but it is not such at MLDB. As you are buying the diamond from a transparent process, the company can help you in case you want to sell the diamond & will try to provide maximum benefit. A nominal service charge will have to be borne by the customer / seller for the buy back process. At the time of buy back / upgrade the diamond will be reassessed by the lab.

If the customer wants to sell the diamond on urgent basis, our experts can guide him on how to upload a sell bid with the best combination of discount & time frame to get the maximum benefit.

For eg. – A customer has bought a diamond for Rs. 1,00,000/- and current value of the diamond is Rs. 1,10,000/- the general buy back offered ranges from Rs. 80,000/- to Rs. 90,000/-, but here at MLDB, with the advice of our experts the customer can maximize his benefit & can get even more according to the current market value of that particular piece. The customer can make use of MLDB platform & the valuable advice to acquire the amount he has invested or can even make a profit out of it by getting a better price. The Buy Back / Upgrade at MLDB is based on the Current Market Values instead of the Value in which it was bought.

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