RD Pawnshop inc rates 2022, operating hours, branches near you (2024)

Interest rate per day0.1%- 0.1%

Loan term from 10 to 120 days

Approval durationUpto 24 hours

Amount

Term

Get a loan

Home › Companies › RD pawnshop office hours

Jonny CorfildJanuary 17, 2020

What is RD Pawnshop?

RD Pawnshop is an industry-leading company in the short-term lending, money transfer, currency exchange, and domestic remittance business in the Philippines. With over 1400 branches and more than 400 trusted partners, RD Pawnshop continues to expand nationwide to provide safe, secure, and speedy transactions and outstanding customer service to all its customers.

RD Pawnshop is well known for its emphasis on “a delightful customer experience” and speedy processing of money transfer and bill payment services. By offering the highest appraisals and no advance interest, they give customers a quick and easy solution to a sudden need for cash. RD Pawnshop is a solid and proven partner in serving the financial needs of all Filipinos.

RD Pawnshop Logo

RD Pawnshop is instantly recognizable by its large white RD letters on a field of red, with a yellow letterbox below containing the words [Pawnshop ● Jewelry]. A small diamond is at the upper right corner in place of the usual trademark (™) or registered (®) symbol.

RD pawnshop pawning

RD Pawnshop is one of the leading pawn shops in the Philippines and has been in business since 1976. RD Pawnshop’s head office is located in Cebu City. The pawnshop has a wide network of more than 1,600 branches in the Philippines, plus more than 400 agents and partners. This prevalence of the pawn shop makes it especially attractive among Filipinos. You can pay and extend a secured loan at any branch.
What is RD pawnshop pawning? First of all, the pawn shop is popular because of its low interest rates, which are 3% per month. This is the lowest interest rate on pawn loans in the Philippines with a payment system without Advance. Clients choose RD pawnshop precisely for its low interest rate policy.
RD pawnshop also offers flexible loan terms of up to 4 months. Today in the Philippines 4 months is the maximum possible period for pawning.
The valuation of pawns is very high and reaches 70% of their market value. this is a very high valuation since usually the valuation of pawns does not exceed 60% of their market value. Naturally, the score is greatly influenced by the condition of the pawn; the better the appearance of the pawn, the higher its score.
The pawnshop treats pawns very carefully and stores them in warehouses equipped with fire and security alarms. Pawnshop clients can be confident in the safety of their items.

RD Pawnshop’s List of Accepted Items

RD Pawnshops accepts a wide range of jewelry items and pre-owned valuables. These are the items accepted for pledge loans/pawning:

1. Gold jewelry

-bracelets
-earrings
-necklaces
-pendants
-rings

2. Gold bars
3. Watches (these brands only)

-Rado
-Rolex

RD Pawnshop does not accept electronics, gadgets, and other devices for pawning. This simplifies appraisal, questions of ownership, and the likelihood of reclaiming. RD Pawnshop is in the business of loaning money, not buying and selling used goods.

RD Pawnshop Rates

RD Pawnshop is proud to offer some of the lowest lending and processing fees in the country. Here are some of their rates:
Interest Rates: 3% per month
Service charge: 1% of the principal loan, but not exceeding PHP 5.00

Cash Padala

These are the rates for RD Pawnshop domestic cash remittances.

Appraisal

RD Pawnshop charges a very minimal P5.00 fee for an appraisal, but this is waived when you pawn your item.

What is the RD Pawnshop Transfer Limit?

The transfer limit is the maximum amount that you are allowed to claim. RD Pawnshop only processes up to PHP 50,000 in one transfer. For larger sums, it is better to inquire from their partner banks.

How to Receive and Send RD Pawnshop Transfer?

RD Pera Padala is perhaps the most low-cost and instant fund transfer service in the Philippines. This is how to quickly send and receive cash remittances from RD Pawnshop from anywhere in the country:

To send cash remittances:

1. Go to the nearest RD Pawnshop branch near you and fill out the Send Money form.
2. Present a valid ID to the teller to confirm your transaction.
3. Pay the amount with the required processing fee.
4. The teller will then process your transaction online.
5. Get the receipt of your transaction.
6. The money should be ready for instant claiming by the receiver as soon as the transaction has been successfully processed. They should receive a text message with the details to write on their Receive Money form.

To receive cash remittances:

1. Go to the nearest RD Pawnshop branch near you and fill out the Receive Money form.
2. Present a valid ID to the teller to confirm your transaction.
3. Get the money and the transaction receipt.

RD Pawnshop Bills Payment

You can also pay your utility bills quickly and easily through RD Pawnshop instead of standing in line at the payment centers of your utility providers. RD Pawnshop accepts bills for payment of Cable, Electricity, Water, Internet, Government, Insurance, Credit Cards, Loan Collections, and Cash Ins for online marketplaces.

RD Pawnshop Branches Near Me

You can always be sure that, with over 1400 branches, there will be an RD Pawnshop near you. The fastest way to find the closest RD Pawshop is via the Branch Finder in the RD Pawnshop app or through their website at https://www.rdpawnshop.com.ph/.

RD Pawnshop Operating Hours

RD Pawnshop is open 7 days a week and on most public holidays. While operating times may vary, most RD Pawnshops are open for business between 8 AM and 6 PM, with some stores opening at 7:30 and closing at 5:30. On Sundays, branches usually open from 9 AM to 5:30 PM.

RD Pawnshop Core Values

RD Pawnshop is preferred by customers because they have a GOLD standard. This means:

G – God-fearing

• To behave in a moral way and conduct business in a manner that fits good Christian principles and honors God in every moment.

O – Outstanding Service

• Customers experience excellent service as a result of team TIES
• Teamwork (to work in unison to achieve the Mission, Vision, and Goals)
• Integrity (to be consistent in words and actions, honesty and ethics at all times)
• Excellence (to relentlessly pursue continual improvement towards perfection
• Social Responsibility (to always act in high standards with quality and professionalism in every aspect of the business)

L – Loyalty

• To be reliable and worthy of the trust given by employees, partners, suppliers, and customers; to be faithful when counted upon to achieve common goals.

D – Dynamism

• To never be content with mediocrity but to act with a sense of urgency and empowerment; active and dedicated management and employees present effective solutions to their clientele.
• Innovation and willingness to utilize new methods and new technologies.

Careers in RD Pawnshop

RD Pawnshop, known for its great customer service, is also always open for highly motivated and competent staff to fuel its expansion and better serve the Filipino people. RD Pawnshop treats its employees and its customers well, knowing that a delightful customer experience starts with well satisfied staff.

Interested applicants may submit their application and resume via email to:

PEOPLE MANAGEMENT DEPARTMENT
96 Gov. M.C. Cuenco Avenue, Banilad, Cebu City
hr.emprel@rdpawnshop.com

Or present hard copies in person at any RD Pawnshop branches nationwide.

More Information

For more information, visit RD Pawnshop’s Facebook account and Instagram account @RDPawnshop
And email at info@rdpawnshop.com
They can also be contacted through fax/telephone at (+63 32) 345 6992 / 416 1190
The rest of the main contact information can be found in the contacts field on the page

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.More info at official website.

Get a loan