Capfin Loan

• Personal loans up to R50,000
• Low-interest up to 26.50%
• Repayment up to 12 months

Table of Contents

---

What do you need to be able to apply

You must be 18 years of age with a stable job and receive a monthly salary. You should also have a valid cell phone number with a valid SA bank account.

There are no additional costs or interest rates involved in the simple application process. Your personal loan account is always accessible and secure.

• a valid South African ID
• three recent payslips, or
• three recent bank statements

Let the professionals sort out your personal loan

It’s their belief that the process of applying for a personal loan should be simple, and affordable. They continue to put a lot of effort into enhancing the lives of their customers in order to fulfil their purpose of enabling people to live better lives.

Funeral cover from Capfin

If you applied for a loan between September 15, 2017, and June 6, 2018, funeral insurance was included in your loan. This consisted of R5,000 for natural death and R10,000 for accidental death, ending on the 6th of June 2018.   

As a Capfin account holder, you’re covered by the funeral insurance if your loan account is active, in good standing, and abides by the funeral cover's terms and conditions.

After the account holder's passing, the customer's designated beneficiary has six months to file a claim. The funeral coverage will no longer be offered after six months.

Death cover offered free of charge

In the event of your passing, they relieve your loved ones' minds by cancelling the remaining loan debt. Should you be a new or existing client you may take advantage of this free Capfin death benefit.

You‘ll be required to submit the following documentation:

• A replica of the ID of the parted individual Capfin Account Holder
• The death certificate in its entirety, certified
• a true duplicate of the master's letters of executorship that has been certified (if applicable)

After receiving the required documentation, Capfin will conclusively prove the status of the departed; however, delays from other companies may occur.

Capfin has taken your needs into consideration by providing extensive information in five different languages online.   

Extra information for your peace of mind

A loan offer will be generated for you that will indicate the maximum you might be eligible for, pending the outcome of our affordability assessment. Once your application has been completed and submitted, an extra credit check may be undertaken, and you can still change the loan amount.

Based on the results of your affordability assessment, which considers criteria including your income and expenses, credit profile, and payment history, they provide loans up to R50 000.

If you bank with ABSA or Nedbank, copies of your documents can be obtained with your consent at no additional cost to you.

Following approval, your personal loan will be disbursed to the designated bank account in less than 48 business hours.

Capfin Loan is a trusted & reliable provider of personal loans

In our review, Capfin Loan adheres to the compliance criteria in accordance with the National Credit Act, where the granting the loan will not cause financial distress to the consumer.

✅ Capfin Loan is a registered credit provider in South Africa: NCRCP 11812