Capitec multi loan takes care of emergencies
Overview
Unplanned expenses are inevitable in life. It helps to know that Capitec Bank takes care of people when they come face to face with unforeseen circumstances. Within minutes, people who apply for Capitec Bank’s multi loan can get up to R4 000 to make sure that they pay emergency expenses or do last minute shopping.
A multi loan is a monthly loan and can be approved depending on the client’s affordability assessment. Clients don’t have to anxiously wait for long periods because the money is available immediately and they have the convenience of making card payments and withdrawing cash at supermarket tills and ATMs. Remote banking services means that clients can transfer money to their transaction/savings accounts using their cell phones or the internet.
The loan is repayable in full every month and interest and fees are only charged on the money used by the client. Reviews only take place every 12 months at a Capitec branch for the clients’ convenience. There is no reason to stress about money during the month because Capitec’s fast and easy loan service ensures that their clients receive the money as soon as possible, and therefore making everyone happy.
Clients applying for a Capitec multi loan will need an identification document, original proof of residential address, latest payslip and a three month bank statement. Due to Capitec’s credit-granting policy people who are self-employed unfortunately cannot apply for a multi loan. People wishing to apply for a Capitec multi loan can call Capitec on 0860 10 20 43 or visit their website at www.capitec.co.za.
