Capitec Bank Personal Loans

Capitec Bank Personal Loans


If you are looking for simple banking solutions, Capitec Bank Personal Loans may be just what you’re looking for. 

Tell me more about what I can get from Capitec Bank Personal Loans?

With the Personal Loans option, you are able to get up to R200 000 in finance. You are given the option of repaying the loan within 84 months.

This loan amount is significantly higher than what most lending institutions are willing to part with. Repayment periods are also slightly longer with Capitec.

This gives you a reasonable amount of time to repay the loan. Using the loan can be ideal for both short term and long term needs. An added benefit of these loans is that if your Capitec bank account is the one your salary is deposited into, you qualify for lower interest. The loans also come with a Personal Protection Plan, which covers your debt in cases of retrenchment, dread disease, permanent disability or death.

Capitec Bank Personal Loans also include a Multi Loans option which is ideal for short term needs. This loan is approved in-branch and is reviewed every 12 months.

You are able to transfer that Multi Loan into your transactional account via internet banking or through any Capitec ATM.

With Capitec Multi Loans you can get access to as much as R4000, which is repayable within a month. You can use this loan to pay for daily expenses, your rent for the month or your child’s school fees. As a payday loan solution, these loans must be repaid by your next payday, which is usually about 30 or 31 days.

What are the qualifying criteria?

  • You must be at least 18 years of age
  • You must be employed for a period longer than 2 months
  • Have a valid South African I.D.
  • Provide proof of residence
  • Provide your latest payslip
  • Provide 3 months’ bank statements

Contact Capitec by calling: 0860 10 20 43

Visit their website here:

Categories: Loans

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