Rating based on 32 reviews

Capitec Personal Loan

  • Personal loans up to R250,000
  • Low-interest starting from 12.9%
  • Repayment up to 84 months

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Author Capitec. Screenshot of Capitec website.
[Accessed May 13, 2018]

Capitec Bank - Tailor-made personal loans

Capitec Bank now offers personalized credit based on your unique credit profile.

We offer you lower fees and give you the best possible interest rate, tailor-made to suit you. If you need a little bit of extra cash for car payments, school fees or medical bills, or anything else you need quick loans for. We are there to assist you as best we can.

How much l can borrow

Capitec allows you to borrow up to R250 000 over easy repayment terms ranging from 1 -84 months, depending on how much you would like to borrow and how much time you will need to pay back the personal loan.

We give you the added benefit of choosing your interest rate and once agreed upon, this is a fixed term that will not change for the duration of the loan agreement.

How long till I can expect the money

We run a credit check in a matter of minutes, then once we have analyzed your profile and offered you a deal and you have signed and accepted the long or short-term loan agreement, the money will be transferred directly into your bank account immediately.

What you need to apply

To apply for a loan with us you will need the following documentation.

  • You should be 18 or older
  • A copy of your ID
  • A copy of your latest pay slip
  • A stamped 3-month bank statement showing your last 3 months' salary deposits
  • Proof of address (document must display your name and your street address)

Quick and easy personal loans

Not only do we offer personal loans, but we will also help you consolidate all your existing debt into one easy-to-manage account with a debt consolidation loan.

We will pay all your creditors and you will only need to pay back your loan with us. This will save you money and help you avoid missing a payment and having additional interest fees added.

If you need affordable credit insurance speak to one of our friendly consultants and they will help you through the process. We also offer retrenchment and death cover on your personal loan should the worst happen.

How l can apply

We have taken the effort out of applying for a loan. Simply log on and apply online or come into one of our branches for a face-to-face consultation with one of our experts.

How we determine your affordability

To determine your affordability, we will ask your permission to run a credit check. The next thing we will look at is your credit and banking history as well as what expenses you already have versus how much you earn.

The longer you have had your job or been employed the better your risk profile. We need to make sure you are stable and that your expenses don’t outweigh your paycheck.

If I am self-employed, can I apply

If you are self-employed, you determine your own salary and payment date. You are seen as a very high-risk client. Unfortunately, we will not be able to assist you with a bad credit loan.

Do you offer credit insurance

Credit insurance is offered on all personal loans with the repayment terms of 6 months or longer. If you take a loan that will take you more than 7 months to pay then it becomes compulsory. It will also be compulsory to take out death cover and permanent or temporary disability cover.

Capitec – Personal loan

  • Loan Type Personal loans
  • Interest Rate from 12.9%
  • Loan Amount up to R250,000
  • Repayment 30 days to 84 months

Benefits of Capitec

  • Convenient online loan applications
  • Get the best deals on loans and interest

Personal loan calculator

The interest rate of a loan will vary based on your credit score and risk profile.
This loan calculator is for illustration purposes only.
The use of this quick loans calculator is subject to our terms of use.

Capitec - Better banking benefits

If you are not already a cardholder, you should consider banking with us.

To switch is much easier than you think. It’s so simple to switch, get your work to pay your salary into your new Capitec account, remember to move any debit orders you may have, and notify anyone who deposits money into your account.

Join us today

To become a new client simply visit your nearest branch. You will need to bring along your ID book, original proof of residence (no older than 3 months old) your latest bank statement, and your debit orders you would like to switch to Capitec.

The benefits of switching

  • Not only will you save time, but you will also save money.
  • We offer an interest rate of 5.1 % on your transaction/ saving account 
  • We offer a fixed fee of just R6 with drawls at any Capitec ATM machine
  • We don’t charge you purchase fees when paying with your Capitec card anywhere in the world.

Download our App

Now that you have switched, download our app for free. The app allows you to have control of your banking from your cell phone. Save time, money and be able to keep track of any debits or payments being made into your account as well as apply for an instant cash loan.

To register simply visit one of our consultants with your cell phone and your Global One card, they will then teach you how to operate the app and answer any questions you might have.

Financial tools at your fingertips 

Online we have made a variety of financial tools available to you to help you make financial decisions and take the guesswork out of crunching numbers.

  • Savings calculator
  • Bank costs calculator
  • Credit calculator
  • Budgeting tool

Help my card was stolen

In the event of a lost or stolen card, you can stop the card from being used immediately right from the app on your cell phone or report it on 0860 10 20 43. We will stop the card immediately stopping the thieves from spending your hard-earned money.

Contact us

If you have any questions regarding our personal loans or need some help with any of our features, please don’t hesitate to contact us on 021 941 1377 or email us at [email protected]

Customer Reviews & Testimonials

December 2018

When I applied for my Capitec loan, I thought I would get my loan in a few days. To my surprise, I got the money within a few minutes after approval.

Candice K
— Cape Town —

August 2018

Applying for a loan on the Capitec website was fast, easy and convenient. I didn’t encounter any difficulties.

Moleboheng M
— Sebokeng —

April 2019

The interest rates that I am paying at Capitec for my loan still afford me the opportunity to do the things I enjoy the most.

Yolanda D
— Northern Cape —

Capitec Contact

Physical Address

  • 212, Zevenwacht Mall, Polkadraai Rd & Van Riebeeck Road Kuils River Cape Town 7579 South Africa
  • Get Directions

Opening Hours

  • Monday 09:00 – 18:00
  • Tuesday 09:00 – 18:00
  • Wednesday 09:00 – 18:00
  • Thursday 09:00 – 18:00
  • Friday 09:00 – 18:00
  • Saturday 08:00 – 14:00
  • Sunday 09:00 – 13:00