Capital Pawnshop in the Philippines
Pawning Interest Rates: 3% – 8% per month Pawn: – gold, diamond, and platinum jewelry – watches – cellphones – laptop computers. The service charge: 1% of the principal loan, but not exceeding Php5 Payment terms: Up to 3 months Approval time: Up to 2 hours Calculate loan
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Pawning
Interest Rates: 3% – 8% per month
Pawn:
– gold, diamond, and platinum jewelry
– watches
– cellphones
– laptop computers.
The service charge: 1% of the principal loan, but not exceeding Php5
Payment terms: Up to 3 months
Approval time: Up to 2 hours
Calculate loanProduct Features
| Min. financing amount | ₱10000 |
| Max. financing amount | Up to ₱70000 |
| Min. loan tenure | 1 months |
| Max. loan tenure | 3 months |
| Interest rate | 3% - 8% |
| Approval duration | Up to 2 hours |
| Debt consolidation | Yes |
Example of calculating interest and loan payments
| TERM | 1 months | 2 months | 3 months | 4 months | 3 months |
| LOAN AMOUNT | ₱35000 | ₱35000 | ₱35000 | ₱35000 | ₱35000 |
| FEE | 3% | 3% | 3% | 3% | 3% |
| INTEREST AMOUNT | ₱88 | ₱175 | ₱263 | ₱350 | ₱263 |
| TOTAL REPAYMENT | ₱35088 | ₱35175 | ₱35263 | ₱35350 | ₱35263 |
Other Requirements
| Need to open linked banked account? | Yes |
FAQ
The Bank does not accept household appliances, phones, or designer bags as collateral, unlike some Pawnshops. In addition, the Bank has interest rates-3% or 4% per month, and in pawn shops, interest rates usually range from 2% to 4% per month and the Bank requires proof of solvency.
The maximum term is 3 months.
To obtain a Pawn loan, you need a document proving your identity and the jewelry left as a collateral. No other documents are required.
The Pawnshop will sell your Pawn.
Contacts
| Full company name | Capital Pawnshop |
| Address | 27 J P Rizal Extension Street, Makati City, Metro Manila |
| Phone number | +63 (2) 8 882 7243, 709-2700 |
| Social networks |
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