Capitec is one of the major banks in South Africa and they have become a preferred services provider over the last few years. Capitec offers a variety of products and this includes affordable loans of up to R250,000. There is also a Capitec loan repayment table available, that you can use to get an idea of how much you will need to repay on a specific loan amount.
Their personal loans can be repaid over a period of up to 84 months and if approved the money will be immediately available in your bank account. With this loan you will benefit from fixed monthly payments as well as the ability to consolidate all your existing loans for easier monthly repayments.
What you will need to apply:
- 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 showing at least 3 salary drops.
If you are unemployed you will unfortunately not be able to qualify for personal as you will not fall within the credit granting policy of Capitec.
When it comes to Capitec loan repayment table you’ll have the ability to repay your personal loan over a period of up to 84 months. This means fixed payments for the full duration of the loan, thereby making it easy for you to budget for your payments.
Personal loans are very easy and convenient to use and they can be used for almost anything you need. From school fees to taking a family holiday, if you can afford a personal loan, it is a great idea to get the money upfront pay for the things that you need.