Capitec Personal Loan

• Personal loans up to R250,000
• Low-interest starting from 10.25%
• Repayment up to 84 months

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Our personal loans are a highly attractive loan option due to their flexibility and versatility

While most lenders claim to be transparent, very few of them list their rates or fees on their websites like Capitec.

With Capitec you can always be sure that they do not beat around the bush with their clients. They give it to you like it is, uncomplicated, simple, affordable, and flexible.

They have listed all of their rates and fees on their website for you to easily view.

Benefits of a Capitec loan 

• Competitive interest rates from 10.25%.
• Get a loan up to R250,000.
• Flexible terms and conditions.
• Affordable repayment terms.
• Friendly employees.
• User-friendly online call line and webpage.

Enjoy highly attractive loan options with optimal flexibility and versatility. Applying for a loan could not be easier. With an online loan application option, simple terms, utter transparency, and quick turnaround times. They are the lender for you.

What you need to do to apply: 

• Your original identification document stating that you are 18 years or older.
• Your latest salary slip.
• 3 bank statements of the last 3 consecutive months.
• Should your name differ from the name stated on your ID, then a marriage certificate, name change letter, or divorce court order will be required.

Here are a few ways for you to apply: 

• You can either apply for the loan online.
• You have the option of visiting your nearest Capitec branch.
• You can use their app, or call them.

Follow their 3-step application process

Step 1:

You will have to fill out a form that asks you for details such as your name, surname, address, occupation, income, and expenses. You should provide necessary supporting documentation which includes your ID, bank statements, payslips, and proof of residence.

Step 2:

After you have completed the application form, and double-checked your information, you can submit the form.

Step 3:

At this point you will get an SMS or email depending on the information you provided, to inform you that your application is being processed. You will receive feedback shortly on the outcome of your application.

Capitec has a hands-on approach to ensure optimal convenience

One of the best things about the modern age today is the advancement of technology. Technology has allowed them to make banking more available and more efficient than ever before.

You can enjoy using their simple online loan tools

Their calculator will allow you to determine the appropriate personal loan amount. As well as the term for your loan by calculating the monthly repayments for you. In this way, you can determine exactly how much you will be able to afford to repay monthly and start planning your budget.

Live better with the bank that cares about you and your finances.

Affordable rates and fees

Capitec’s loans carry an interest rate starting from as low as 10,25% and you will have 5 - 84 months to repay your loan, depending on the amount that you applied for. Capitec offers the best finance options to you based on your profile and needs.

Their monthly fees are notably lower than other banks, and they strive to give you the best of the best options.

Capitec is a trusted & reliable provider of personal loans

In our review, Capitec adheres to the compliance criteria in accordance with the National Credit Act, where the granting the loan will not cause financial distress to the consumer.

✅ Capitec is a registered credit provider in South Africa: NCRCP13