RD Pawnshop in the Philippines

RD Pawnshop, Inc. was founded 43 years ago specifically on June 09, 1976. Today, its Head Office is located in #96 Gov. MC Cuenco, Banilad, Cebu City handling 611 branches all over the country. Over 42 yrs in the pawning, jewelry selling business and over the years revolved to cater other services such as bills […]

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RD Pawnshop https://upfinance.com/app/uploads/2020/01/Без-названия-9.png
328 J. P. Rizal St, Marikina, 1810 Metro Manila
info@rdpawnshop.com, +63 32 345 6992 / 416 1190
Interest rate 3% - 3%
Loan tenure from 1 to 4 months
Approval duration Up to 24 hours
Min. monthly income1

RD Pawnshop, Inc. was founded 43 years ago specifically on June 09, 1976. Today, its Head Office is located in #96 Gov. MC Cuenco, Banilad, Cebu City handling 611 branches all over the country.
Over 42 yrs in the pawning, jewelry selling business and over the years revolved to cater other services such as bills payments, insurance, local and international money remittances such as Western Union and others.

Pawning

Interest Rates: 3% per month
Pawn:
– Gold Jewelries
– Gold Bars
The service charge: 1% of the principal loan, but not exceeding Php5
Payment terms: Up to 4 months
Approval time: Up to 2 hours

Calculate loan

 

Loan Calculator

%
Monthly payment
₱ 888.49
Total overpayment
₱ 661.85
Total
₱ 10661.85

Fast Way to Pawn with RD Pawnshop

1. Appraiser correctly appraise the item(s) to the highest appraisal value.
2. New Loan Teller transacts your item online.
3. Customer receives pledge loan receipt.
4. Cash Teller releases your cash.
5. Customer hands in the Pledge Loan Pawn Ticket.
6. Renewal or Redemption Teller computes the exact charges.
7. For Renewal – Customer receives the newly issued Pledge Loan Pawn Ticket.
8. For Redemption – Teller receives the item from the Vault Custodian and releases the untouched and sealed plastic container of the valued item.

RD Pawnshop offers a hassle-free service to the customers and one of which is our added service to help our customer to renew their expiring Pledge Loan Anywhere.

Product Features

Min. financing amount ₱10000
Max. financing amount Up to ₱100000
Min. loan tenure 1 months
Max. loan tenure 4 months
Interest rate 3% - 3%
Approval duration Up to 24 hours
Debt consolidation Yes

Example of calculating interest and loan payments

TERM 1 months 2 months 3 months 4 months 4 months
LOAN AMOUNT ₱50000 ₱50000 ₱50000 ₱50000 ₱50000
FEE 3% 3% 3% 3% 3%
INTEREST AMOUNT ₱125 ₱250 ₱375 ₱500 ₱500
TOTAL REPAYMENT ₱50125 ₱50250 ₱50375 ₱50500 ₱50500

Other Requirements

Need to open linked banked account? Yes
Other details We accept the following: 1. Gold Jewelries a. Necklaces b. Rings c. Pendants d. Earrings e. Bracelets 2. Gold Bars

FAQ

Bank does not accept household appliances, phones, designer bags as collateral, unlike some pawnshops. Also, bank has interest rates – 3% or 4% p.m., and in Pawnshops, interest rates usually vary from 2% to 4% p.m.

The maximum term is 4 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 jewelry.

Contacts

Full company name RD Pawnshop
Address 328 J. P. Rizal St, Marikina, 1810 Metro Manila
Phone number info@rdpawnshop.com
E-mail +63 32 345 6992 / 416 1190
Social networks

User rating

Reviews

6 months ago

Fast service!

I use the services of RD Pawnshop because it is easy to transfer money.

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