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PAWNING SERVICE PERFECTED!

Davao Ros-Ver Pawnshop has been in the pawning business since 1987. Through the years of serving Davaoeños with our splendid pawning service, we built a reputation of being the most trusted pawnshop in the Davao area. As a result, we twigged out 75 more branches all throughout Mindanao and in Cebu and made a new brand, called New Pag-Asa Pawnshop.

Now, Davao Ros-Ver & New Pag-Asa Pawnshop continues the custom of being fast, reliable, safe, honest, and exceptional in its pawning services. With our low advance interest going as low as 5% on small items and 6% on bulky items per month plus our high, reasonable, and on-point appraisal value, we became the people’s go-to pawnshop.

HOW TO PAWN

  • Visit any Davao Rosver Pawnshop or New Pag-Asa Pawnshop branch near you and present your valued item to be pawned.
  • After agreeing with the appraised value and net proceeds, hand over a present a valid ID, fill up and sign the appraiser’s form.
  • First-time customers will be required to complete the Know Your Customer (K.Y.C.) form.
  • Hand over the forms to the teller to verify that all information needed are written down.
  • Sign the sealed part of the pawned item.
  • Sign the three (3) white boxes provided in the printed pawn ticket.
  • You will receive a customer’s copy of the pawn ticket. After the teller explains the following transactions (renewal, redemption, and others), count the money received and always secure the pawn ticket.

Renewal & Redemption

HOW TO RENEW

  1. At the back of the pawn ticket, sign on the space along the “Signature of Authorized Person/Pawner”.
  2. Present the pawn ticket with the payment for the amount due.
  3. A new pawn ticket will be printed and at the front of it, sign on the three (3) white boxes provided.
  4. Make sure that you’ll secure the new pawn ticket (it’s required during redemption or the next renewal of the pawned item).

If Authorized Person:

  1. At the back of the pawn ticket, make sure that the two (2) spaces along the “Signature of pawner” have the signatures of the owner of the pawn ticket. Sign the space along the “Signature of Authorized Person/Pawner”.
  2. Present the pawn ticket, a valid ID, and the payment for the amount due.
  3. The signatures will be validated.
  4. Once validated, the plastic pouch that’s sealing the pawned item(s) will be opened. Check the item(s) (and count the change if there’s any) before leaving.

HOW TO REDEEM

  1. At the back of the pawn ticket, sign on the two (2) spaces along the “Signature of pawner”.
  2. Present the pawn ticket, a valid ID, and the payment for the amount due.
  3. The signature will be validated.
  4. Once it’s been validated, the plastic pouch that’s sealing the pawned item(s) will be opened. Check the item(s) (and count the change if there’s any) before leaving.

If Authorized Person:

  1. At the back of the pawn ticket, make sure that the two (2) spaces along the “Signature of pawner” have the signatures of the owner of the pawn ticket. Sign the space along the “Signature of Authorized Person/Pawner”.
  2. Present the pawn ticket, a valid ID, and the payment for the amount due.
  3. The signatures will be validated.
  4. Once validated, the plastic pouch that’s sealing the pawned item(s) will be opened. Check the item(s) (and count the change if there’s any) before leaving.

Other Services

PRENDA-PASOK

WHAT IS PRENDA-PASOK?

Prenda-Pasok can only be offered when purchasing an auctioned item. This service will give the customer the chance to buy an auctioned item even if he/she doesn’t have enough money to purchase it. The purchased auctioned item will be pawned and the selling price will be deducted by its appraised value. So, the remaining amount is the amount payable to the customer.

HOW TO DO A PRENDA-PASOK?

  1. Present the auctioned item that is ready to be purchased to a sales representative.
  2. Tell the sales representative to make a prenda-pasok transaction.
  3. The sales representative will make a computation on what amount is going to be given to the teller.
  4. After agreeing with the amount for prenda-pasok, a receipt will be given by the sales representative.
  5. Present the receipt along with the payment to the teller.
  6.  Fill-up and sign the information sheet provided.

    First time customers will be required to complete the Know Your Customer (K.Y.C.) form and present a valid ID.

  7. Sign the printed pawn ticket on the spaces provided.
  8. After receiving the customer copy of the pawn ticket, always secure the pawn ticket.

OTHER RENEWAL
TRANSACTIONS

RENEW PARTIAL

  • During the renewal of the pawned item(s), the customer(s) can pay a partial amount from the principal amount.

RENEW ADDITIONAL

  • During the renewal of the pawned item(s), the customer(s) can add a loan to the principal amount depending on its appraised value.

RENEW TRANSFER

  • During the renewal of the pawned item(s), the customer(s) can transfer the possession of the pawned item from the previous owner to the current one.
  • Make sure that the previous owner signed the two (2) spaces at the back of the pawn ticket before making this transaction. Bring a valid ID as well.

SPECIAL TRANSACTIONS

SPECIAL PARTIAL

  • During the renewal of the pawned item(s), the customer(s) can pay a partial amount from the principal amount.
  • This service can only be availed when the transaction’s going to be done within 25 days from the loan date.

SPECIAL ADDITIONAL

  • During the renewal of the pawned item(s), the customer(s) can add a loan to the principal amount depending on its appraised value.
  • This service can only be availed when the transaction’s going to be done within 3 days from the loan date.

We Accept These
Valuable Items

JEWELRY

WATCHES

ELECTRONIC GADGETS

  • CELLPHONES, TABLETS, DIGITAL CAMERAS

APPLIANCES

  • TELEVISIONS, REFRIGERATORS, AIR CONDITIONS, HOME THEATERS, DVD COMPONENTS, KARAOKE MACHINES, ELECTRIC FANS, WASHING MACHINES, GAS STOVES/ RANGES, SEWING MACHINES, NEBULIZERS, OVENS & TOASTERS, MIXERS/ BLENDERS, WATER DISPENSERS/ PURIFIERS

GAME CONSOLES

  • HOME CONSOLES, PORTABLE CONSOLES

COMPUTER

  • DESKTOP, LAPTOPS, NOTEBOOKS, NETBOOKS

POWER TOOLS

  • CHAINSAW, GRINDER, HAND DRILL, PLANER, CIRCULAR SAW, SANDER, ROUTER, WELDING MACHINE

MUSICAL INSTRUMENTS

  • GUITAR/ UKULELE, PIANO KEYBOARD, PORTABLE DRUM KIT

INFORMATION

YOU NEED TO KNOW

Pawn Tickets are as important as your pawned item. So, it is highly advisable to keep it secure. Once it is lost, an affidavit of loss will be its replacement.

Here is the procedure on how to avail of an affidavit of loss:

 

  • Visit any Ros-Ver Pawnshop or New Pag-Asa Pawnshop branch near you and ask any of the pawnshop representatives for assistance.
 
  • Present a valid ID and address the situation.
 
  • After agreeing with the terms, fill-up the and sign the affidavit of loss information sheet provided.
 
  • Once verified, a printed copy of the affidavit of loss will be given and it will be the replacement for the lost pawn ticket. Make sure that it will be signed by an attorney and dry-sealed.

 

Passport (includes foreign government-issued)

Seaman’s Book

Unified Multi-purposed ID

Social Security System (SSS) Card

Government Service Insurance System (GSIS) e-Card

Driver’s License ID

Voter’s ID

Postal ID

Integrated Bar of the Philippines ID

Professional Regulation Commission (P.R.C.) ID

Senior Citizen Card / O.S.C.A. Card

Police Clearance

Barangay Certificate

National Bureau of Investigation (NBI) Clearance

Department of Social Welfare and Development (D.S.W.D.) Certificate

National Council for the Welfare of Disabled Persons (N.C.W.D.P.) Certificate

Overseas Filipino Worker (O.F.W.) ID

Overseas Workers Welfare Administration (O.W.W.A.) ID

Company ID (regulated either by the BSP, IC/ SEC)

Home Development Mutual Fund (H.D.M.F.) ID

Alien Certification/ Immigrant Certificate of Registration

Armed Forces of the Philippines (A.F.P.) ID

  1. The pawner hereby accepts the pawnshop’s appraisal as proper.
  2. The interest rate stipulated herein is in accordance with the existing policy of the Monetary Board. The pawnshop hereby agrees not to collect in advance interest for a period of more than one year.
  3. The service charge is equivalent to one per cent (1%) of the principal loan, but not exceeding five pesos (P5.00). No other charges shall be collected.
  4. This loan is renewable for such amount and period as may be agreed upon between the pawnshop and the pawner, subject to the requirements of P.D. 114 for a new loan.
  5. Upon maturity of this loan as indicated on the face of this ticket, the pawner still has ninety (90) days from maturity date which to redeem the pawn by paying the principal loan plus the interest that shall have accrued thereon. The amount of interest due and payment payable after the maturity date of the loan and during the redemption period shall be computed upon redemption at the same rate of interest provided in No. 2 above based on the sum of the principal loan and interest earned as of the dare of maturity.
  6. The pawnshop shall sent a written reminder to pawner, before the expiration of the ninety (90) days grace period, that the pawn shall be sold or disposed of in the event the pawner fails to redeem the pawn within the ninety (90) days grace period.
  7. The parties hereby agree that this ticket shall be surrendered at maturity date upon payment of the loan. In case of loss or destruction of this ticket, the pawner hereby undertake to personally present an affidavit to the pawnshop before the redemption period expires. It is hereby agreed (1) indicating on the affidavit that it shall take the place of the original pawn ticket for purposes of redemption; or (2) issuing a substitute ticket, the original pawn ticket thereby being deemed cancelled.
  8. The pawner hereby agrees not to assign, sell on in any other way alienate the pawn securing this loan as evidenced by the pawn ticket without prior written consent of the pawnshop and subject to the terms and conditions of this contract.
  9. In case of pre-payment of this loan by pawner, the interest collected in advance shall accrue in full to the pawnshop.
  10. The pawner shall not entitled to the excess of the public auction sale price over the amount of principal, interest and service fee; neither shall the pawnshop be entitled to recover the deficiency from the pawner.
  11. In case this loan is not paid on maturity date, the pawner hereby agrees to pay in addition to accrued interest, 2% upon per month of the principal as liquidated damages. For purposes of computing the amount of liquidated damages, a fraction of a month shall be considered as one (1) grace period upon payment by the pawner at the loan principal plus interest due and liquidated damages at the rates manner of computation herein prescribed.
  12. The pawner and the pawnshop agree that the notice of auction sale shall be delivered using the option indicated on the face of this pawn ticket. In case no mode of notification is agreed upon, the default shall be via ordinary mail. The pawnshop shall have the right to sell or dispose of the pawn in public auction if the pawner fails to redeem the pawn within the ninety (90) day grace period.
  13. Premises. All pawns except those which are kept inside the vault or safe are insured against fire.
  14. The pawnshop shall not be liable for loss or damage of the pawn due to fortuitous events without fault or negligence on its part while the pawn is in its possession. The pawnshop will not be liable if after testing of the pawned items of upon redemption the pawned items will malfunction due to the following causes: (1) software and firmware defects; (2) spare part(s) malfunctions; (3) defective accessories and (4) other defects attributable to normal usage and age of the pawned items and could not be detected with reasonable diligence during testing and (5) if the pawned item(s) will malfunction due to non-use/standby of pawned item(s) from date it was pawned until actual redemption.
  15. Upon expiration of the redemption period, the pawnshop has the right to open the sealed pawn for purpose of pubic auction.
  16. Venue of all judicial and administrative cases or proceedings and other legal incidents arising out of in connection with this contract shall solely and exclusively be brought before appropriate courts, departments, offices or agencies of the government, situated in the City of Davao.
  17. The authorized representative must present valid identification papers.
  18. The pawner declares under the penalty of the Anti-Fetching Law that he/she is the lawful owner of the property subject of this agreement and that the said pawned item(s) is not a product of any predicated crime, as contemplated in the Anti-Money Laundering Act and that all the proofs if identity shown and/or submitted to the pawnshop are authentic and valid information given are true and correct.
  19. The pawner further warrants and declares that the item pawned is free from all liens and encumbrances, such as pledge, mortgage, rights of possession, etc. and the pawnshop shall be free from all liabilities or obligations which may have accrued prior to the pawn transaction. The pawnshop shall not be held accountable for any liabilities or obligations of the pawned arising from the pawned item prior to this transaction. The pawner undertakes to pay or reimburse the pawnshop if the latter should be compelled any damages arising from their obligations on previous undertaking(s) to third parties.
  20. The pawnshop shall notify the pawner of any change in its business address/location.
  21. The pawner shall advise the pawnshop of any change of address/contact number/email address. 

Your Query Is Important To Us

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You will be redirected to Davao Rosver Pawnshop/New Pagasa Pawnshop online costumer service.

IMOPORTANT NOTE

  • The received pawn ticket is needed to be presented during renewal and redemption of the pawned item.
  • Minors are not allowed to do any transactions.
  • Expired IDs will not be accepted.
  • The pawned item will not be released if there are no signatures of the owner of the pawn ticket in the two (2) spaces provided at the back of the pawn ticket.
  • Make sure that the owner of the pawn ticket signed the two (2) spaces at the back of the pawn ticket before making any of these transactions.
  • A pawn ticket that was declared lost, if be seen, will no longer be valid and can’t be used to any future transactions.
DAVAO ROS•VER & NEW PAG•ASA

Since 1987 Davao Ros•Ver and New Pag•Asa, not only dominated in the pawnshop industry but also became the leading pawnshop in the Philippines.

Nowadays, over 74 strategically-located branches were established in Visayas and Mindanao region. These branches will guarantee and provide a perfected pawning service as they reach out to the people who are in need of instant financial assistance.

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