In fact, the maximum amount of a personal loan through Capitec Bank is R250,000. However, if you need a larger amount, you can request the credit service for specific needs. This service can only be requested on the website of the partner companies of that bank and can only be used for a specific purpose (home renovation, study financing, purchase of vehicles, among others). If you opt for this alternative, you can accumulate a credit of up to R500,000.

Capitec Bank offers student loans of up to R500,000 that can be paid in up to 84 months. However, this bank defines for which educational institutions this service can be requested. Below, see the list of the main partner institutions of Capitec Bank: Boston City Campus, Curro, Henley Business School, Johannesburg Business School, Milpark Education, Stadio Higher Education, Stellenbosch University and others.

There may be reasons to decline your personal loan application if: you have a low credit score, you are going through a debt management process, one or more of your debts to Capitec Bank have been handed over to external collectors for default, or you do not meets the minimum criteria (age, nationality, not having applied for a credit service in the last seven days).