Capitec Loans- Benefits and Requirements


Capitec Loans are provided to clients to help them meet financial goals. A leader in the financial market, Capitec is fast becoming one of South Africa’s foremost banking institutions. In addition to transactional facilities, the bank has a credit facility suite designed to meet unique financial circumstances.

Capitec Personal Loans:

These loans are offered up to R200 000, with 2 to 84 months to repay. Monthly repayments are fixed, which means that you are assured of consistent monthly repayments. You can expect approval within minutes and if you are approved, the funds are available immediately.

In addition, loans beyond 6 months have a Personal Protection Plan, which covers your debt in cases of retrenchment, dread disease, permanent disability or death.

If your loan is less than 3 months old you will have 50% of the outstanding balance covered.

Capitec Multi Loans:

These loans are ideal for meeting your immediate daily needs. If you are a little short on cash during the month and are in need of some help, Capitec Multi Loans may be the ideal solution for you. With Capitec Multi Loans you are able to get up to R4000 in finance within minutes. Upon approval, the funds are immediately transferred into your transactional account.

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

Once you qualify for the loan, you can use however you wish. You can use the personal loan to buy a new car, pay for medical procedures or even to renovate your home. The Multi Loan can be ideal for buying groceries for the household or for paying for rent for the month.


Contact Capitec by calling: 0860 10 20 43

Visit their website here:


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