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PSG

Pawnbroking

Waht is it ?

A Pawn Loan is a secure and confidential financing option that allows you to receive a loan of up to 3,000,000.00 DZD, against the pledge of gold jewelry or objects.

The loan amount is determined based on a reference price of 15,000.00 DZD per gram of gold.

Advantages 
Easy access to the loan: Applicants must be residents of Algeria and have gold jewelry or objects to pledge. No additional guarantees or income proofs are required.
Fast loan processing: The loan is granted after opening a bank account and pledging your gold jewelry or objects. Funds can be released on the same day.
Guaranteed security and confidentiality: All necessary measures are taken to ensure the safekeeping and protection of pledged items.
Eligibility 

Any individual residing in Algeria, aged at least 19 years, holding an account at BDL.

Loan period 

Minimum 6 months, renewable up to 36 months.

Financial Terms
Minimum amount: 15,000.00 DZD (1 gram)
Maximum amount: 3,000,000.00 DZD (200 grams)
Interest rate: 7.50% per year
Custody fee: 1%, calculated pro-rata per day, applicable during the contract term, even in case of overdue repayment.
The  +

You can receive a loan of up to 3,000,000.00 DZD with simplified procedures by presenting:

A valid ID
Birth certificate
Valid proof of residence

Subject to appraisal and valuation of pledged jewelry.

How to subscribe

Meet at the agency

Go to one of our PSG agencies with your jewellery.

Apply for your loan.

Present your file and request your loan.

Your goods are guarded

Take advantage of your loan the same day you apply.

FAQ

What is a Pawn Loan?
A loan secured by pledging gold jewelry or objects.
Who is eligible for the loan?
Must be a resident of Algeria
At least 19 years old
Account holder at BDL
Loan conditions:
The loan is granted based on the estimated value of pledged items and applicable financial terms.
Loan repayment term:
6 months, renewable up to 36 months.
What happens in case of non-repayment?
After legal reminders, pledged items may be auctioned according to applicable regulations.
Required documents:
Valid ID
Birth certificate
Valid proof of residence
Is income proof required?
No, the loan is exclusively secured by the pledged jewelry.
How is the loan amount determined?
Based on the weight of the gold jewelry
Reference price per gram of gold
Branch appraisal
Minimum and maximum loan amount:
Minimum: 15,000 DZD
Maximum: 3,000,000 DZD
Loan duration:
Initial term: 6 months
Renewable up to 36 months
Can the loan be repaid early?
Yes, early repayment is allowed. Interest and custody fees are calculated pro-rata for the actual period.
Can the loan be renewed?
Yes, upon payment of due interest and custody fees, renewable up to 36 months.
What happens in case of default?
Client reminders are sent
If unpaid, items may be auctioned according to regulations.
Are my jewelry items safe?
Yes, items are kept securely and confidentially until the loan is fully repaid.
Can I retrieve my jewelry at any time?
Yes, once the loan amount, interest, and fees are fully paid.
Are there fees for losing the contract?
Yes, duplicate fees apply depending on whether the contract is active or expired.
Is the loan granted immediately?
After appraisal and approval, funds can be released the same day.
Where can I apply?
At any authorized PSG BDL branch

Branches:

67 Rue des Fusillés El Annassers, Algiers

Tel: 021 23 36 74

Fax: 021 77 09 76

36 Rue Ali Harrichet, Algiers

Tel: 023 50 81 28

Fax: 023 50 81 28

24 Rue Djaffel Belgacem, Annaba

Tel: 038 59 04 71

Fax: 038 59 04 33

Cité 183/1008 Logts Bt 46, Bordj Bou Arreridj

Tel: 044 28 77 11

Fax: 044 28 77 00

13 Rue Tateche Belkacem, Constantine

Tel: 031 87 85 88

Fax: 031 87 81 79

04 Rue Bouguettaya Abdellah, Oran

Tel: 041 29 27 36

Fax: 041 36 10 39

02 Rue des Frères Bahi Amar, Es Senia, Oran

Tel: 041 55 43 93

Fax: 041 55 43 92

28 Rue Benali Belkhaled, Sidi Bel Abbes

Tel: 048 74 12 02

Fax: 048 74 11 96