How the Capitec Loans Online Application Works


Credit facilities offered by Capitec Bank include a personal loan and a credit facility of up to R5000. Established in 2001, the bank now has over 7.3 million clients nationwide. The personal loans offered by the bank are up to R250 000 and they come with a flexible repayment period of up to 84 months. Loans that are granted are based on individual affordability and credit profiles. 

As soon as you’ve been approved for the loan, it will be transferred directly into your transactional or savings account. This will give you immediate access to the funds, which you can use  to pay for school fees, for car repairs, for an unexpected medical bill or for home renovations.

What you need for the application process:

  • Be at least 18 years old
  • Provide a recent bank statement and your latest salary slip
  • Be employed for more than 2 months
  • Earn a salary that is paid into your active South African bank account
  • Not be under debt review

Applying for Capitec Loans is a simple process and can be done online. This offers convenience and ease of access to finance. There are no travel costs involved as you can apply from the comfort of your home or from your office. An added benefit is that there is minimal paperwork involved.

How the Capitec Loans online application works:

Visit the Capitec website

Fill in the loan information. This involves specifying how much you need, the loan term (months), your salary frequency, your net salary and your monthly expenses. You’ll also need to provide your reason for needing the loan and your current bank.

Fill in your employment information.

Fill in your Personal information.

Capitec will then assess your creditworthiness and affordability. You will then be informed of the outcome of your application.



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