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Instant Fund Solution with Pawn Watches
Pawn your watch is a quick solution to obtain funds by using your watch as collateral. Lesca Gadai Premier will assess the authenticity, condition, and brand of the watch before determining the loan amount.
Advantage
- Friendly and attending customer care
- Premium and dedicated service
- Fair valuation of collaterals
- Knowledgable sales team
- Affordable loan interests
- Wide knowledge in watch brands
Pawn Terms Luxury Watches
- Photocopy of E-KTP
- Full Set Box & Paper (card/warranty certificate, receipt)
Contact the Lesca Gadai Sales team to process a loan with a Watch collateral today.
Interest Rate Transparency & Loan Terms
- Interest rates start from 2% per month (equivalent to 24% per annum*)
- Maximum interest rate: 48% per annum
- Minimum loan period: 61 days
- Maximum loan period: 120 days
- Minimum collateral value:
- IDR 50,000,000 for luxury watches, diamonds, jewelry, gold, and cars
- IDR 25,000,000 for luxury bags
*Terms and conditions apply.
Administrative Fee Information
| Loan Amount | Administrative Fee |
|---|---|
| IDR 0 – IDR 100,000,000 | IDR 100,000 |
| Above IDR 100,000,000 – IDR 500,000,000 | IDR 150,000 |
| IDR 500,000,001 – IDR 1,000,000,000 | IDR 200,000 |
| Above IDR 1,000,000,000 | IDR 250,000 |
Annual Percentage Rate (APR) Simulation
|
Description |
Amount |
||
|---|---|---|---|
|
Loan Amount |
IDR 100,000,000 |
IDR 500,000,000 |
IDR 1,500,000,000 |
|
Financing Fee |
IDR 4,000,000/month (paid upfront) |
IDR 17,500,000/month (paid upfront) |
IDR 45,000,000/month (paid upfront) |
|
Administrative Fee |
IDR 100,000 (paid upfront) |
IDR 150,000 (paid upfront) |
IDR 250,000 (paid upfront) |
|
Net Disbursement Amount |
IDR 95,900,000 |
IDR 482,350,000 |
IDR 1,454,750,000 |
|
Maximum APR (12 months) |
48% |
42% |
36% |
|
Total Repayment Amount |
IDR 100,000,000 |
IDR 500,000,000 |
IDR 1,500,000,000 |
Repayment Breakdown
Loan Amount + 12 Months Financing Fee (paid upfront)
FAQ
At Lesca Gadai Premier, you can borrow up to 90–95% of your watch's appraised value, with a minimum item value of IDR 50 million. For example, a watch appraised at IDR 200 million can secure a loan of up to IDR 180–190 million. The final amount is set by our professional appraisal team after a physical inspection of the watch, box, and papers.
Upon initial receipt, the initial condition of the Wristwatch will be checked and witnessed by the Customer, then it will be carefully handled and sealed. Hence, the possibility of the Wristwatch being defunct/damaged/scratched will already be known since the initial handover.
- The Customer's Wristwatch will be insured and kept inside Safety Vault.
- The Customer's Wristwatch will be sealed to minimize potential swappings and tamperings.
Lesca Gadai Premier accepts more than 29 luxury watch brands, with Rolex, Audemars Piguet, Patek Philippe, and Richard Mille being the most frequently pawned. Other brands such as Omega, Hublot, Cartier, IWC, Breitling, Panerai, and Tudor are also accepted, subject to our criteria. Send a photo of your watch via WhatsApp at +62 822 9888 1075 for an eligibility check.
For mutual benefit and safety, the Wristwatches we receive as collateral for pawn transactions must be complemented with boxes, certificates, and purchase receipts.
The terms and documents required for Wristwatch pawn transactions are:
- Photocopy of electronic ID Card
- Full set Box & Paper (warranty card/certificate, receipt)
For further information on Terms & Documents please check https://www.lescagadai.co.id/gadai/gadai-jam-tangan-mewah
