Capitec Loans – In life we all have different needs for extra cash but you can be assured that Capitec loans will provide you with the best solution. Capitec has three different credit options to choose from depending on your needs. Personal loan, Credit Facility and Home loan are the options that are available.
Capitec Personal Loan
This Capitec loans option allows you to choose the terms that suit you and get a personalised credit plan of up to R250 000 in cash over 1 – 84 months. Monthly repayments are fixed which means you can budget for your future payments easily. If you choose the personal loan and your application is approved money will be available immediately in your account. One benefit of the Personal loan is that you get free retrenchment and death cover.
Capitec Credit Facility
From time to time we all encounter unplanned expenses or emergencies and the Capitec Credit Facility is what you need to alleviate your situation. Capitec offers a Credit Facility of up to R5 000 in minutes to take care of your daily needs. Depending on your affordability assessment this Capitec Loans option allows you to get a monthly loan of up to R5 000 repayable in full each month. The Credit facility is reviewed every 9 months at a branch.
Home Loan By SA Home Loans
You can get up to R5 million over 240 months. For more information visit the article on Capitec Home loans.
Requirements To Apply For Capitec Loans
- You must be 18 years or older
- Valid Identification Document
- Proof of residence
- Latest payslip
- 3 months bank statements
- Good credit record – you should not be under debt review
The application process for Capitec Loans can be done online and is simple to complete. For more information visit the Capitec website www.capitecbank.co.za or call them on 0860 10 20 43. Alternatively you can also visit your nearest branch.