Capitec Bank Personal Loan up to R250 000 CASH payable over 1 – 84 months AVAILABLE NOW. Cash will be available immediately in your bank account soon after approval. Fixed monthly repayments. Amount based on your credit profile and affordability. APPLY NOW!
Capitec Bank Personal Loan is a very easy and manageable loan anyone can easily get in South Africa, direct from an NCR regulated lender.
Many lenders, such as Capitec, FNB, Standard Bank etc. offer unsecured loans to consumers who have good credit profiles, who they trust to repay them. If you don’t have any savings, these unsecured loans are a quick financial solution you can use in an emergency.
The biggest advantages of these loans are their speed and convenience. Provided you maintain your excellent credit profile and always make timely repayments, of course. On the other hand, these loans also have quite a few disadvantages, especially for people struggling financially.

Capitec Bank Personal Loan up to R250 000 CASH payable over 1 – 84 months AVAILABLE NOW.
High Interest Rates
As a rule, lenders i.e. Wonga, Loans Direct, Capitec Bank etc. charge much higher interest rates for these loans. They are riskier to lenders because they aren’t secured with assets, in case you fail to repay them.
Small Loan Amounts
Lenders, e.g. African Bank, Old Mutual, Capitec Bank etc. usually only offer small amounts for this variety of loans. Once again, this is because of the risk that these loans pose to the lender. The borrower does not put up any collateral; in case they fall into arrears or default on their financial obligations, leaving the lender in the lurch.
Tight Repayment Deadlines
Similarly, due to the increased risk involved with granting these unsecured loans, lenders, for example, Rainfin, Lendico, Capitec Bank etc. will only allow you a short period of time to repay them the total amount owed.
Lenders like, say, Nedbank, Capitec Bank, Absa etc. will then cap the repayment term or deadline to 3 or 4 years. Whereas, if these loans were secured with assets, you would have 10 to 15 years to repay them off in full.
The Debt Trap
It is very telling that you have not managed to build up any savings and urgently need loans. Given the tough economic outlook, it is essential that South African consumers budget for unexpected problems that don’t require taking on more debt.
Imagine if another financial crisis were to strike. You would be even less equipped to solve the problem because of the repayments you have to make. The better option is to approach National Debt Advisors for a debt relief alternative. Please send us your contact details for a same-day free call back.
Capitec Bank Personal Loan – ideal for personal use, whether it’s everyday transacting, paying for other debts or starting your own business.
Note the following after the approval of your Capitec Bank Personal Loans:
- Money available immediately in your transaction/savings account after approval
- Amount based on your credit profile and affordability
- Fixed monthly repayments
- Consolidate all your existing loans for easier monthly repayments
About Capitec Bank Personal Loan
For loans 6 months and longer, your outstanding balance will be paid in full
If you’re retrenched when Capitec Bank Personal Loans is less than 3 months old, 50% of your loan will be covered.
Capitec Bank Personal Loan pays for this cover and the money will be paid to us to settle your outstanding debt.
Offers from Capitec Bank
Up to R250 000 cash over 84 months based on your affordability and credit profile.
Capitec Bank Credit Card
One card for all your banking. Earn the highest interest on a positive balance – from 5.35% per year.
Capitec also offers a monthly loan for your daily needs or emergencies, reviewed every 12 months at a branch.
- Get up to R5 000 in minutes this is called a Capitec Credit Facility, any time or place
- Transfer money to your transaction/savings account using Mobile Banking, Internet Banking or our ATMs
- Interest and fees only charged on money transferred
- Repayable in full each month
Capitec Bank Home Loan
R100 000 to R5 million over 240 months from SA Home Loans. Learn more
Also available is a Credit insurance
Get our affordable credit insurance for cover. Learn more
Credit card travel insurance
Travel insurance covers unexpected medical expenses while traveling internationally.
How to qualify for Capitec Bank Personal Loan
If you answer ‘Yes’ to all of the following questions, you could qualify for credit:
- Are you 18 years or older?
- Do you have a recent stamped bank statement and salary slip/pension letter?
- Are you employed (not self-employed) or do you earn a pension?
- Have you been with your current employer for longer than 2 months?
- Do you earn a salary (not just commission) which is paid into your bank account?
- You haven’t been handed over, sequestered or placed under debt review/administration?
- Self-employed? If you determine your own salary and payment date, you unfortunately don’t fall within our credit-granting policy.
Documents required to apply for Capitec Bank Personal Loan
- Identification document
- Original proof of residential address (any of the approved documents in your name with your street address)
- Latest salary slip
- 3-month bank statement
Credit comparison tips
Look at the total repayment amount over the full term
While the interest rate is an important factor, don’t let it be the only one
Understand the fees (once-off initiation fee and monthly service fee) and consider credit insurance (we offer this free on loans 6 months or longer)
Individuals who are self-employed and who determine their own salary and payment date do not fall in line with our credit-granting policy.
Contact Capitec Bank Personal Loan
Visit any of Capitec branches Monday to Friday (8am – 5pm) and on Saturdays (8am – 1pm). Selected branches in malls are also open on Sundays (9am – 1pm). All branches are closed on public holidays.
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NB: Some of our branches are open at 8:30am on mid-month Wednesdays due to training, and that our branches in malls follow mall trading hours.
Please email us on clientcare@capitecbank.co.za if you have any questions about applying for credit at Capitec Bank.
Capitec Bank Personal Loan, Getting a loans has never been this easy!