Pawn loans are a quick and easy way to borrow money without the need for credit checks. Our appraiser will make you an offer after he has assessed your item. If you accept the offer, you will pawn your items with us (known as pledges) for instant cash.

On the spot! You are assured of a quick and accurate assessment of your items by our highly experienced appraisers, and will receive cash immediately once you accept the offer. Our modern computerised system and appraisal instruments allow us to process hassle-free secured loans for customers quickly and easily.

We accept a wide range of collateral items, including all types of gold, jewellery and loose diamonds as well as luxury timepieces and writing instruments.

Our experienced and technically competent master appraisers all have between 10 and 50 years of experience in dealing with different kinds of jewellery and valuables. They will first authenticate your valuables, then examine their condition and assess the items based on their expertise, coupled with the use of our advanced appraisal instruments, before they finally determine the pawn value. The pawn amount will then be offered to you.

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Please bring your valuable item, along with your identification card (for Singaporeans), or passport or foreign document (for foreigners residing or working in Singapore).

Enjoy a promotional interest rate of 1% for the first month! Then subsequently the interest rate is 1.5% per month.

Yes, you can pay interest and renew your pledges at any ValueMax store located island-wide.

Loan amounts vary according to the value of the item. There is no minimum dollar amount allowed on a pawn transaction.

In accordance with the Pawnbrokers Act, the pawner must be of a minimum age of 18 years.

You do not have to pay the full amount at once; you can pay in instalments, and each instalment extends the holding period for another six months. If you fail to renew your pledge or redeem your item after six months, your item will then be forfeited.

Please visit the ValueMax branch where you pawned your item to request a replacement pawn ticket. A processing fee of $10 (inclusive of 9% GST) is chargeable for each replacement ticket.

Pawned items are kept in strong rooms or reinforced safes in our pawnshops, which are all equipped with 24-hour surveillance cameras and alarm systems.

The pawner or any pawn ticket holder may redeem the pledge by presenting the pawn ticket and proof of identity. We will then return the pledged articles after collecting the principal pawn amount and the interest accrued.

If you are unable to redeem your items(s) personally, you can authorise someone do so on your behalf. The person must bring along your pawn ticket/s, along with his/her identity card (if s/he is a Singapore citizen or permanent resident), or work permit (if s/he is a foreign worker in Singapore).

With effect from 1 January 2023, pawnbroker who provide “cashless payment modes”, when customers pawn or renew pawn tickets, regardless of the way of payment (including cash payment), the pawnbroker can charge a fee of S$2 for each newly issued pawn ticket.

The S$2 fee will not be charged if the pawn ticket is issued based on the following conditions:

• Changing the address, telephone number or email address of the pawner
• Changing the name or address of the pawnbroker
• Correcting any errors on the ticket

MUIS does not certify pawn broking shops. But we have a shariah advisor for this Valuemax Ar Rahnu Joo Chiat Branch and he is Ustaz Kamal Mokhtar. Let me show you his profile..

Our shariah advisor will be more than happy to answer any questions you may have. You can contact him at kamal3449@gmail.com

Conventional pawn broking involves interest or riba. Ar Rahnu does not have riba or any elements which are prohibited (haram) for muslims.

Our shariah advisor will be more than happy to answer any questions you may have. You can contact him at kamal3449@gmail.com

This percentage represents storage fee not interest.
Conventional pawn broking charges interest on the amount you borrow. Ar Rahnu charges a storage fee on the items you place with us.

Our shariah advisor will be more than happy to answer any questions you may have. You can contact him at kamal3449@gmail.com

Like many shariah products and services, it may look the same but there is actually a significant difference. For example, take food. A chicken with no halal logo and a chicken with a halal logo. Both chicken look and taste the same. There is no difference from the appearance. But Muslims know that only the one with the halal cert is allowed. It is the same with normal pawn broking versus ar rahnu.

Our shariah advisor will be more than happy to answer any questions you may have. You can contact him at kamal3449@gmail.com

Our shariah advisor will be more than happy to answer any questions you may have. You can contact him at kamal3449@gmail.com

We offer secured and unsecured loans.

Most of our secured loans are mortgage loans, which are short-term loans secured by properties. As a lender, we will have the first legal mortgage on the subject property. The borrower may later choose to refinance the property with long-term conventional financing or to sell the property in order to pay off the secured loan.

Alternative financiers, like ValueMax, are able to approve and fund a loan much faster than banks. We do not require as much documentation, and the approval and funding process can be completed within a week or two. Banks, on the other hand, typically take at least 30 to 45 days to approve and fund a loan.

Our primary concern is the value of the real estate that will serve as collateral for the loan, and the loan to value (LTV) ratio. Banks, on the other hand, focus on the borrower’s credit rating and income when assessing loan applications.

The application process is quick and easy.

The loan can be funded rapidly, usually within 14 working days (for unencumbered properties).

Even if a borrower faces challenges like low credit scores, inadequate income history, or a lack of stable income, they can still secure financing from us with collateral.

The borrower prefers to avoid the time-consuming application process at a bank.

The bank has already rejected the borrower’s loan request.

The borrower requires rapid funding.

The borrower faces challenges concerning their credit and income.

Interest rates on loans from alternative financiers are typically higher compared to conventional bank loans.

Our secured financing facility is primarily designed for short-term utilization.

Once the potential borrower contacts us, they are required to fill out a loan application form containing personal details and information about the property in question. We promptly review this information to assess the feasibility of the loan.

While the borrower’s credit is considered important, the most crucial factor is the loan-to-value (LTV) ratio based on the property to be mortgaged to us. The subject property will then be appraised by an independent valuer. Once this appraisal is completed, we proceed with loan processing, and funding can be disbursed within a few days, contingent upon the completion of necessary paperwork by the lawyer.

If a borrower fails to meet the obligations of a hard money loan, there is a risk of facing foreclosure and potentially losing the property or properties that were used as collateral to secure the loan. However, foreclosure is not our preferred course of action. We would much rather receive full repayment for the remaining loan balance without any additional difficulties. When a borrower starts to miss payments, we will make efforts to communicate with them and seek a mutually agreeable solution. Foreclosure is considered the ultimate last resort in such situations.

We conduct our operations in accordance with the guidelines and regulations stipulated in the Singapore Moneylenders Act.

Our loan can be processed and funded within a span of two weeks. This significant advantage highlights the benefit of choosing alternative financiers like us, as traditional banks might take 30 days or even longer to fund the same loan request.

Banks retain funds from their depositors and provide them with very low-interest rates. Consequently, the banks can offer loans at lower interest rates. In contrast, we secure funds from private investors (or fund the loans internally), who anticipate higher interest rates due to the higher risk borne by the lender.

In contrast to banks and other conventional financing institutions, we place less emphasis on a borrower’s credit and Credit Bureau (CBS) scores. Our primary focus lies in evaluating the value of the property being purchased or refinanced. We believe that credit scores alone should not hinder a borrower with poor credit from securing a loan from us.

Our secured loan facility may or may not include a prepayment penalty, depending on the specific loan situation. To ensure clarity on the prepayment penalty, it is advisable to inquire with us directly from the outset.

The table below outlines the main distinctions in terms of mortgage loan features between us and conventional financial institutions.