Ever wish you could get more out of your pawned items? Palawan Pawnshop is making that a reality for Filipinos with their innovative Lipat Sangla initiative! This practical solution is designed for anyone looking to unlock better value from their gold jewelry, offering higher appraisals, lower interest rates, and ultimately, more cash in your pocket.
What is Lipat Sangla and How Does it Work?
Lipat Sangla is specifically for customers who want to transfer their existing gold jewelry pawned at other pawnshops to Palawan Pawnshop. It’s all about maximizing the earning potential of every “sangla” transaction. With incredibly flexible rates starting at just 2.5% interest per month, this program helps you stretch the value of your item and receive a more significant portion of cash upfront.
Here’s how easy it is to qualify and benefit from Lipat Sangla:
- Visit any Palawan Pawnshop branch: Simply bring your most recent active pawn ticket for assessment.
- Get personalized assistance: A friendly branch associate will guide you through the entire process, from redeeming your item at the other pawnshop to finalizing your new sangla transaction with Palawan Pawnshop. They’ll ensure you fully understand the true cost of borrowing and how your jewelry is appraised.
- Need cash to redeem? No problem! If needed, Palawan Pawnshop can even provide the cash to redeem your item from the other pawnshop. Once redeemed, your item will then be pawned at Palawan Pawnshop for an amount equivalent to or even higher than your original principal. The appraisal value will follow Palawan Pawnshop’s regular appraisal rates.
Bigger Savings, More Perks!
On top of higher appraisals and lower interest rates, Lipat Sangla sweetens the deal even further! Customers will also receive ₱500 OFF sangla vouchers – and you can get up to five per person! These vouchers act as discounts, allowing you to enjoy waived sangla interest on a principal amount of up to Php 100,000. That’s real savings!
Currently, Lipat Sangla applies exclusively to gold jewelry pawned at other pawnshops. Other items and services, including those offered through PalawanPay, are not yet covered, as sangla transactions require in-person processing to ensure the best service.
A Commitment to Filipino Financial Well-being
Karlo M. Castro, President and CEO of the Palawan Group of Companies, emphasized the program’s core mission: “Lipat Sangla is designed to put more money back into the hands of our customers. By giving higher appraisals and offering lower interest, we’re helping Filipinos make smarter choices and maximize the full value of what they already own.”
Bernard Kaibigan, the company’s Group Marketing Head, echoed this sentiment, stating, “We understand how important it is for Filipinos to get the best value for their pawns. Through the Lipat Sangla initiative, we offer an option for everyone looking for a higher take-home pay while giving them flexibility and the lowest interest for redemption of their gold jewelry pawn items.”
Lipat Sangla is more than just a service; it’s a bridge toward more sustainable financial choices. By removing the burden of high interest rates and replacing it with clear, customer-first options, it empowers you to break free from disadvantageous terms and shift toward a system that values transparency, flexibility, and genuine concern for your welfare.
Ready to get more value from your pawned gold jewelry? Visit any Palawan Pawnshop branch during business hours today! For any assistance, don’t hesitate to call their Customer Care Hotline at (Globe) 0917-301-3868, (Sun) 0932-850-8613, or (Smart) 0998-962-1869.
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