Capitec – online loan South Africa
Online loans up to R250.000
Amount
R10K – R250K
Interest from
12.90%
Term
1 – 84 months
Approval
24 hours
Applying does not commit you to a loan agreement.
Screenshot of https://www.capitecbank.co.za/
How to apply for Capitec loan
- Your banking and credit history
- Your income and expenses to see how much you can afford
- How stable your source of income is, to make the best offer
- You choose the credit amount that you want
- You choose the monthly installment that suits your cash flow or the option that gives you the best interest rate
Quick overview
- Amount, R10.000 - R250.000
- Term, 1 - 84 months
- Age: 18 + years
Loan example
| Amount | Fee | Total payment | Term |
|---|---|---|---|
| R3.000 | R1.368.07 | R4.368.78 | 3 months |
Loan example
If you will get the loan of R3 000 with the term of 3 months, your totally payment would be R4.368.78. The fee is R1.368.78.
Video review
Loan requirements
- ✓ Original identification document (must be 18 years or older). If your name and/or surname differs from your identification document, a marriage certificate, divorce court order or name
- ✓ change letter will be required
- ✓ Latest salary slip
- ✓ Any original bank statement showing your latest 3 consecutive salary deposits into an account in your name (an over-the-counter bank statement must be stamped)
Loan features
- Online loans up to R250.000
- Term 1 - 84 months
- Easy online application
Frequently asked questions
24 hours after submitting your application.
The minimum amount at Capitec is R10,000.