Palawan Pawnshop
Palawan Pawnshop is now considered to be one of the most reliable, fastest-growing and leading pawnshops in the Philippines. Its first branch, owned and operated by spouses Mr. Bobby and Mrs. Angelita Castro formally opened in Puerto Princesa City on August 17, 1985. Originally established as a business offering only pawn brokering, we have expanded […]
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Palawan Pawnshop is now considered to be one of the most reliable, fastest-growing and leading pawnshops in the Philippines. Its first branch, owned and operated by spouses Mr. Bobby and Mrs. Angelita Castro formally opened in Puerto Princesa City on August 17, 1985.
Originally established as a business offering only pawn brokering, we have expanded our services to include money remittance known as Palawan Express Pera Padala. Today, after more than 30 years in the industry, we offer our loyal customers other products and services such as international money remittance, foreign currency exchange, e-loading, bills payment and accident insurance in all our branches in cities, municipalities and remote towns nationwide.
The Palawan Pawnshop Services (PPS) group of companies operates the Palawan Pawnshop and Palawan Express Pera padala chain in the Philippines.
Package 1
Only 2.73% per month! With 1% Advance interest
Rates:
1 -11 Days 1% 12-22 Days 2% 22-33 Days 3%
Pawn: ONLY accepts gold jewelry items
The service charge: 1% of the principal loan
Payment terms: Up to 4 months
Approval time: 2 – 6 hours
Package 2
No Advance
Rates: 3,5% per month
Pawn: ONLY accepts gold jewelry items
The service charge: 1% of the principal loan
Payment terms: Up to 4 months
Approval time: 2 – 6 hours
Package 3
1 Months Advance Interest
Rates: 2,5% per month
Pawn: ONLY accepts gold jewelry items
The service charge: 1% of the principal loan
Payment terms: Up to 4 months
Approval time: 2 – 6 hours
Package 4
2 Months Advance Interest
Rates: 2% per month
Pawn: ONLY accepts gold jewelry items
The service charge: 1% of the principal loan
Payment terms: Up to 4 months
Approval time: 2 – 6 hours
Product Features
| Min. financing amount | ₱1000 |
| Max. financing amount | Up to ₱50000 |
| Min. loan tenure | 1 months |
| Max. loan tenure | 4 months |
| Interest rate | 2.5% - 3.5% |
| Approval duration | Up to 4 hours |
| Debt consolidation | Yes |
Example of calculating interest and loan payments
| TERM | 1 months | 2 months | 3 months | 4 months | 4 months |
| LOAN AMOUNT | ₱25000 | ₱25000 | ₱25000 | ₱25000 | ₱25000 |
| FEE | 2.5% | 2.5% | 2.5% | 2.5% | 2.5% |
| INTEREST AMOUNT | ₱52 | ₱104 | ₱156 | ₱208 | ₱208 |
| TOTAL REPAYMENT | ₱25052 | ₱25104 | ₱25156 | ₱25208 | ₱25208 |
Fees & Charges
| One time setup | |
| Processing fee | |
| Stamp duty | |
| Disbursement & misc. fee | |
| Annual fee | |
| Other fees | |
| Penalties | |
| Early settlement | |
| Late payment charges | |
| Other penalties | |
Eligibility
| Age requirement | |
| Employment eligibility | |
| Min. salary requirement | ₱ gross per month |
| Guarantor / Collateral requirement | Yes |
Other Requirements
| Need to open linked banked account? | Yes |
| Other details |
FAQ
Contacts
| Full company name | Palawan Pawnshop |
| Address | Palawan Pawnshop Buiding, 170 Rizal Avenue, Brgy. Masikap, Puerto Princesa City, 5300 |
| Phone number | (Globe) 0917-301-3868 / (Sun) 0932-850-8613 / (Smart) 0998-962-1869 / (Landline) (048) 433-4110 TEXT: (Globe) 0917-838-6024 / (Smart) 0919 061 5654 |
| Social networks |
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