Indiana pawnbroker bonds.
From $100. Enter your amount.

Indiana licenses pawnbrokers through the Department of Financial Institutions (DFI), and conditions the license on a surety bond under IC 28-7-5-5.5. The amount is set by the DFI director — generally $50,000 per location, up to a maximum — and the premium is 1% of the bond amount, $100 minimum. Enter your amount and the exact price appears in the calculator.

✓

Required for an Indiana pawnbroker license through the DFI under IC 28-7-5-5.5

✓

Amount set by the DFI director — generally $50,000 per location, up to a $200,000 maximum

✓

1% of the bond amount, $100 minimum — enter the amount the DFI requires, and the exact price appears at the application

1%of the bond amount, $100 minimumA-ratedA.M. Best carriersFastinstant underwriting

Trusted by industry leaders

How it works

Apply to filed in one sitting.

Enter your amount, pay, and file with the DFI. Here is the whole thing:

TODAY · ONLINE

Apply online

Your business details, your county of principal, the bond amount the DFI requires, and an effective date — that is the entire application.

QUICKLY

Reviewed & issued

The executed bond is generated once you pay. Larger amounts may get a quick underwriter review — an underwriter reaches out within 48 hours if anything is needed.

SAME DAY – 1–2 DAYS

File with the DFI

Submit the executed bond with your pawnbroker license application or renewal at the Indiana Department of Financial Institutions. Wet-ink originals mailed on request.

About this bond

What it is and who needs it.

What the Indiana pawnbroker bond covers

Indiana regulates pawnbrokers under IC 28-7-5, with licensing through the Department of Financial Institutions (DFI). The license is conditioned on a surety bond payable to the department for the benefit of Indiana residents who use the pawnbroker’s services.

Under IC 28-7-5-5.5, the bond amount is set by the DFI director — generally $50,000 per pawnshop location, up to a $200,000 maximum. The bond covers the licensee and the licensee’s employees and agents, and must stay in effect for two years after the license is surrendered or terminated.

The bond stands behind your compliance with Indiana pawnbroking law. If a customer is harmed by a violation, they can recover against the bond — and if the surety pays, you repay the surety. We issue the amount the DFI set, with premiums starting from $100, from carriers rated A- or better as the statute requires.

IC 28-7-5-5.5 (Indiana DFI)Indiana Code 28-7-5-5.5 conditions a pawnbroker license on a surety bond, in an amount determined by the DFI director — generally $50,000 per location up to a $200,000 maximum — payable to the Department of Financial Institutions for the benefit of Indiana residents, issued by a carrier rated at least A- and remaining in effect two years after the license ends. Confirm your required amount with the DFI.

You need this bond if you are

✓

Applying for an Indiana pawnbroker license through the DFI

✓

Renewing a pawnbroker license that requires a current surety bond

✓

Adding a pawnshop location that increases the required bond amount

✓

Replacing a non-renewed bond to keep your DFI license in good standing

One application, issued fast.

Submit the application with the bond amount the DFI required — the executed bond is generated once you pay, ready to file.

Start the application →

FAQ

Common questions.

How much is the Indiana pawnbroker bond?The premium is 1% of the bond amount, $100 minimum. The bond amount itself is set by the DFI director — generally $50,000 per location, up to a $200,000 maximum. Enter the figure the DFI required and your exact price appears at the application.

Who requires this bond?The Indiana Department of Financial Institutions (DFI), as a condition of a pawnbroker license under IC 28-7-5-5.5. The bond is payable to the department for the benefit of Indiana residents.

Do I pay the full bond amount?No. You pay the premium: 1% of the bond amount, $100 minimum. The bond amount is the surety’s maximum liability if a valid claim is made — not a deposit, and nobody holds your money.

Is there a credit check?The application collects no credit information, and most applications approve instantly. If a check ever runs, it’s a soft pull that won’t affect your credit score.

How long must the bond stay in effect?The bond must remain in effect for two years after your pawnbroker license is surrendered or terminated, so claims tied to your licensed period stay covered. We track and renew it so your DFI license never lapses over a missed email.

Related bonds

Other Indiana bonds.

Indiana pawnbroker bond, issued fast.

From $100. Enter the amount the DFI required and file with your license.

Start application

Your premiumfrom $100

Apply now →