Loans

Capitec Personal Loan: find out how to apply!

Discover how simple it is to apply for loans at one of the best banks in the country. Get approved in minutes! Read on to learn more!

Advertisement

Capitec Personal Loan: get loans of up to R250,000 immediately!

Capitec logo
Capitec Personal Loan: find out how to apply! Source: Foster the Money

Apply to Capitec Personal Loan, the fastest and easiest way for South African citizens to get cash. Apply for loans even if your income is a salary and access loans up to R250,000.

card

Personal Loan

Capitec

Online Fast and Simple

Borrow up to R250,000. Fast approval and funding!

You will be redirected to another website

Also, you can receive cash immediately through electronic transactions. Learn how to request this service!

Online application

To apply for Capitec Personal Loan, go to the official website of this product. Select the “See how much you can earn” button on the home screen.

Then you will access a small form that will simulate the terms of your loan. Thus, you’ll need to provide your personal and financial information.

Finally, the system will generate the terms of your loan. If the proposal pleases you, you can formalize the loan application. You’ll need to meet the following requirements.

  • Original identity document (must be over 18 years old);
  • Last pay slip;
  • A bank statement showing your last 3 consecutive salary deposits (only if the salary is not paid into your Capitec account).

Before approving your application, the bank will review your credit history. Income and expenses will also be evaluated.

Apply on the app

portrait-happy-young-woman
Apply on the app. Source: Freepik

In fact, you can apply for Capitec Personal Loan loans from your cell phone. However, this feature will only be available if you already have a Capitec account open.

Otherwise, you can request the opening of your account via smartphone. In both cases, download the “Capitec Bank” application.

After accessing your account, search for loan options and follow the steps described above.

Compare the Capitec Personal Loan to other options: FinChoice Personal Loan

Each year, the personal loan market in South Africa becomes more competitive.

So, after knowing how to apply for the Capitec Personal Loan, get to know one of the main competitors of this lender.

In the table below, you can see a comparison between them:

Capitec Personal LoanFinChoice Personal Loan
Interest Rate From 12.75%;Check your loan’s terms and conditions on the loan agreement for more details;
Loan PurposeVehicle, Medical (ongoing medical expenses, surgery, therapy, or to settle bills), Education (student loan at partner educational institutions), Home Improvement (home building and DIY projects), and loan consolidation;Any purpose;
Loan AmountsUp to R250,000;Flexi Loans (for new customers): up to R8,000;
Longtime customers can borrow up to R40,000 on their second loan;
Repayment TermUp to 84 months;Up to 6 months (Flexi Loan) and 6, 12, 24, or 36 (for old customers);
Initiation FeeNot disclosed.They were not disclosed.

With FinChoice Personal Loan, you can get up to R40,000 quickly and easily. In addition, you can count on short-term loans of up to R8,000.

Maybe your best deal is here. Next, learn to count on this service whenever you need easy money.

Finchoice logo

FinChoice Personal Loan: find out how to apply!

Apply to FinChoice Personal Loan and get a loan of R40,000 without having to leave your home! Keep reading to learn how!

Trending Topics

content

Apply for the Child Support Grant: find out how

Apply for Child Support Grant and count on continuous financial support to care for your children as you want. Find out how here!

Keep Reading
content

Iemas Purchase Debit Card full review: should you get it?

Apply to Iemas Purchase Debit Card and understand how simple it is to have up to 3.5% cashback in more than 12,000 stores.

Keep Reading
content

TymeBank Credit Card: check out how to apply!

Apply to TymeBank Credit Card and get access to a card with many zero fees and a rewards program to save on everyday purchases!

Keep Reading

You may also like

content

Apply for the Grant-in-aid

Apply to Grant-in-aid to receive an additional federal pension of up to R6,000 a year. Learn how you can request this free help!

Keep Reading
content

Disability Grant: financial aid for those unable to work

Disability Grant is an ongoing and indefinite grant for people with physical and mental disabilities to secure support. Understand more!

Keep Reading
content

Absa Gold Credit Card: check out how to apply!

Apply for Absa Gold Credit Card and enjoy a reward program and travel benefits. Up to 30% cashback. Keep reading to learn more.

Keep Reading