Pawning FAQs
Please refer to the Ranwaramam Pawaning webpage for the latest advance values & interest rates. Click Here
No. we accept only 18 K or higher karat value gold.
No. We do not deduct anything from the loan sum.
Please refer to the Ranwaramam Pawaning webpage for the latest advance values & interest rates. Click Here
Yes. The least you got to pay is interest accrued to date only. You may pay at any branch of DFCC bank.
Yes. During pawning hours displayed on the display board. You can make any number of part payments of any amount not less than interest accrued.
We calculate interest only for the outstanding Balance.
Yes. Currently we have no such restrictions.
i) Yes. Articles pawned with us are covered by a comprehensive insurance cover.
ii) You do not need to go elsewhere to redeem them.
At present most of our branches provide pawning services.
Not exactly and knowingly. We expect only the owner to pawn an article and take a loan.
Yes of course. We maintain utmost secrecy of your transactions at all times and even after the redemption of articles.
In a straight case it may take a few minutes only. We may need extra time only in complicated cases such as practical difficulty in assaying or valuing the article due to its exclusive nature.
No. We use a user friendly electronic method. If that method does not work for any reason we may do a slight rubbing only if with your consent depending on your need.
No. We are able to consider only the gold value of articles.
Up to 12 months from the date of pawning. However we give a pawner the opportunity to redeem it even on the date of auction before any bidding on it. You can pay accrued interest and renew the loan for another year without waiting after 1 year.
Legally you have 12 months period. However we give a pawner the opportunity to redeem it even on the date of auction before any bidding on it.
