Monitoring The Official Procedures, Schedules And Auction Systems At Pegadaian

Illustration (Doc. Antara)

YOGYAKARTA How is the Pegadaian auction procedure? This is still a question for customers who want to apply for a loan or customer who is unable to redeem the goods they have guaranteed at Pegadaian.

The auction process at Pegadaian is not carried out carelessly. Pegadaian will only conduct auctions when customers do not redeem collateral or extend loans when they are due.

The auction is carried out directly at the Pegadaian Office. In line with the auction held by the Directorate General of State Assets (DJKN), at the pawnshop auction, bidders must deposit a certain amount of collateral before submitting an offer. The collateral items are auctioned according to the latest market price. That way, it is not impossible to get goods at a fairly attractive price.

According to a study entitled Implementation of the Gadai Security Auction at PT Pegadaian Ngupasan Branch Yogyakarta City (2018) written by Yuli Nur Hasanah, the auction procedure at the pawnshop is divided into three stages, including:

Before conducting the auction, Pegadaian will announce the auction date for customers and the general public.

Next, Pegadaian formed an auction organizing team to carry out the auction and re-examine the collateral in accordance with the Credit Evidence Letter.

The collateral that is auctioned first must be re-assessed by the estimator, to determine the auction price.

After the auction is held, the auction organizing team is obliged to make a Minutes of auction. This is used as evidence that the extraordinary auction has been carried out.

Pegadaian Auction Schedule

Information on the auction schedule at Pegadaian can be known by visiting the nearest Pegadaian office directly.

Usually Pegadaian auctions are held every two weeks or twice a month. However, it can also be held every day, depending on the policies of each Pegadaian unit.

Auction System in Pegadaian

The collateral auction system at Pegadaian is different from the auction system in general.

The auction system at Pegadaian is that the collateral auctioned by the pawnshop will be displayed in the front room of the Pegadaian office and given a serial number, based on the type of goods. So, the buyer only needs to point to the desired item by mentioning the number. The number here is not related to the type of item only as a marker.

Furthermore, buyers who agree with the price and condition of goods can make transactions at the cashier with the conditions, such as including an ID card and filling out the form.

For information, Pegadaian himself has never announced the implementation of auctions through social media and any print media. This is an anticipatory measure against all forms of fraud that are often in the name of Pegadaian auctions.

Tips Following Auction at Pegadaian

Pegadaian shares a number of tips for people who want to participate in the auction to avoid fraud. Some of these tips are:

This is information about the Pegadaian auction procedure. Update on the latest news developments is only on VOI.id.