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Can I mortgage my watch?
1. Can I mortgage my watch?

Yes, you can. Depending on the value of your watch, the mortgage must be appraised by a professional appraisal agency. First of all, it depends on the value of mortgage; Secondly, it depends on the brand and value of the watch. A good watch is also valuable and worthy of mortgage.

Second, can I use my watch as a mortgage?

You can go to the pawnshop to find out. If you can provide something to prove the price and value of the watch, I think it is not impossible.

Third, watches can be mortgaged, but where can they be formal?

China Merchants Bank accepts commodity housing/commercial housing with clear products and strong liquidity as collateral, and requires that the property right certificate has been completed, it can be listed and circulated, and the mortgage registration is handled according to law, and there are no adverse liquidation situations such as property rights disputes.

Loans from China Merchants Bank can be accepted as collateral:

Pledges: RMB demand deposits and RMB time deposits, foreign currency time deposits, local and foreign currency time deposits, voucher-type treasury bonds, savings bonds, book-entry treasury bonds, entrusted wealth management products in local and foreign currencies, and personal life insurance policies;

Consumption can only be pledged by the borrower himself or his spouse.

The general credit period is not more than 5 years, and the term of a single loan or credit project is not more than 3 years; If the loan is for studying abroad, the maximum term of a single loan or credit line shall not exceed 6 years (inclusive). Amount: not less than 50,000 yuan at least, but not more than100,000 yuan in principle; The specific loan amount you can borrow needs to be determined by the outlets after checking the amount of collateral and combining with your comprehensive situation. You can directly contact the loan handling bank for consultation!

Can I use my watch as a mortgage?

Yes, you can!

Go to Meituan or public comment to find a local formal and legal pawnshop and evaluate a reputable pawnshop. Deal with it.