Capitec Bank provides clients with a variety of loans along with simplified banking solutions.Capitec Loans are designed to help individuals achieve financial freedom. Many of us have experienced situations that leave us financially stranded. Capitec Loans become useful here.
What can you get from Capitec Loans?
Capitec provides clients with access of up to R200 000 in loan funds, which is higher than what most other institutions are willing to offer.
Repayment terms range from 12 to 84 months, which is much longer than the terms offered by other lenders.
There is an easy online application process where you can simply fill in an application form.
If your salary is paid directly into your Capitec Bank account, you will be charged lower interest rates.
Loans are unsecured, which works to your advantage if you have no collateral to put up against the loan.
Upon application, you can expect a response within a few minutes. You get an immediate response and funds are deposited directly into your account if you qualify.
Clients who repay loans within 6 to 8 months qualify for free credit life insurance.
Capitec offers personalised credit, so the loan amount granted is dependent on your individual credit profile.
Capitec Multi Loan:
With this facility, you are able to borrow up to R4000 in finance. This loan is repayable within a period of 30 days. Ideal for helping you meet financial emergencies, Capitec Multi Loans are there to help you pay for unplanned expenses.
What are the qualifying criteria?
- You must be above the age of 18 years
- Provide a recent bank statement
- Earn a salary that is paid into your bank account
- Be permanently employed for longer than 2 months
To contact Capitec Bank and to enquire about Capitec Loans, simply call: 0860 10 20 43.