Complete Chain Guide

Palawan Pawnshop
Complete Guide 2026

Philippines' second-largest pawnshop network with 2,800+ branches. Known for Sunday hours, reliable remittance, and fast service — here's everything you need to know.

BSP-Licensed
Open Sundays
2,800+ Branches
2,800+
Branches Nationwide
3.5%
Monthly Interest
₱300K
Max Loan Amount
7 days
Open All Week

About Palawan Pawnshop

Palawan Pawnshop was founded in 2001 in Puerto Princesa, Palawan, and has grown into one of the Philippines' most trusted financial services networks. With over 2,800 branches nationwide, it is the second-largest pawnshop chain in the country.

What sets Palawan Pawnshop apart is its commitment to accessibility — most branches are open 7 days a week, including Sundays. This is a significant advantage for workers who cannot take time off on weekdays to pawn or redeem items.

Palawan Pawnshop is also the operator of Palawan Express Padala, one of the Philippines' most widely used domestic remittance networks. For OFW families, Palawan branches serve as a critical link for receiving money from abroad and managing emergency cash needs.

BSP License: All Palawan Pawnshop branches are fully licensed by the Bangko Sentral ng Pilipinas. The 3.5% monthly interest rate is the BSP maximum under Circular 1119 (2021).

Key Facts at a Glance

Founded2001, Puerto Princesa, Palawan
Branches2,800+ nationwide
Interest Rate3.5% per month (BSP max)
Loan Period4 months (120 days)
Max Loan₱300,000 (gold/jewelry)
Sunday HoursYes — most branches 9AM–5PM
BSP LicenseYes — all branches
Sunday Advantage

Palawan Pawnshop is the go-to choice for people who work Monday–Saturday. Most branches are open Sundays 9AM–5PM — a major advantage over Cebuana and Villarica which have limited Sunday hours.

Pros & Cons of Palawan Pawnshop

Advantages

  • Open 7 days a week including Sundays at most branches
  • Second-largest network — 2,800+ branches nationwide
  • Accepts electronics (smartphones, laptops, tablets)
  • Palawan Express Padala — reliable domestic remittance
  • Fast processing — loan in 15–20 minutes
  • Bills payment and e-loading available at all branches
  • Trusted brand with 20+ years of operation

Disadvantages

  • Does not accept luxury watches or designer bags at most branches
  • Maximum loan of ₱300,000 — lower than Cebuana (₱500K) and Villarica (₱2M)
  • Same 3.5% rate as most competitors — no rate advantage
  • Electronics appraisal can be conservative
  • No dedicated app as feature-rich as Cebuana's

What Customers Say

"Palawan lang ang bukas ng Linggo sa amin. Sobrang helpful lalo na pag emergency. Yung Padala nila mabilis at maaasahan."

Lorna M., Cavite

"Reliable and fast. I always go to Palawan for my gold jewelry. The staff are professional and the appraisal is fair. Sunday hours are a lifesaver."

Eduardo R., Quezon City

"Maganda ang serbisyo. Pero sana mas mataas ang offer sa electronics. Yung laptop ko, mababa ang offer kumpara sa ibang pawnshop."

Kristine A., Pasig

Palawan Pawnshop FAQ — 10 Most Asked Questions

Find the Nearest Palawan Pawnshop

Use our pawnshop finder to locate the nearest branch — open Sundays in most areas.