Capitec Bank is renowned for providing simplified banking solutions. Transparent and affordable banking services have made this bank one of the most popular in South Africa. Established in 2001, the bank currently services over 6.2 million clients all over South Africa. Capitec has a range of innovative products and services that are designed to meet individual needs.
Among its products and services is the Capitec Bank Multi Loans product which gives clients access to a maximum of R4000. This short term finance solution is reviewed in-branch every year. The loan must be repaid in full within 30 days.
Capitec Bank Multi Loans are ideal for meeting daily needs when you are a little short on cash. As short term finance solutions Capitec Bank Multi Loans are not meant to be constant credit solutions but are meant to help you through short financial challenges. You can use it to pay for an unplanned expense or an emergency situation. You could use it for paying for your tertiary fees or for a medical bill or repairs on your car. Interest and fees are only charged on the money used.
What do you need to qualify?
- Be formally employed
- Have a valid South African I.D.
- Provide your latest payslip
- 3 months’ bank statement
- Original proof of residence
- Be 18 years or older
To apply for Capitec Bank Multi Loans you can visit any of the 668 branches nationwide and a friendly Capitec consultant will guide you through the process. The bank only lends to individuals of good credit standing. As a registered credit provider Capitec promotes responsible lending practices.
Once you are approved you will get access to the funds immediately. You can transfer the funds using the internet banking facility or mobile banking.
Contact Capitec Bank by calling 0860 10 20 43.
Visit their website here: www.capitecbank.co.za