If you are looking for simple banking solutions, Capitec Bank Personal Loans might be precisely what you are looking for.
Tell me more about what I can get from Capitec Bank Personal Loans?
With the Personal Loans option, you'll be able to get up to R200000 in finance. You're because of the choice of repaying the borrowed funds within 84 months.
This amount borrowed is really a lot greater than what most lending institutions are prepared to part with. Repayment periods will also be slightly longer with Capitec.
This gives you an acceptable period of time to settle the borrowed funds. While using loan can be well suited for both short term and long term needs. An additional benefit of these loans is when your Capitec banking account may be the one your wages are deposited into, you be eligible for a lower interest. The loans also come with a Personal Protection Plan, which covers your debt in the event of retrenchment, dread disease, permanent disability or death.
Capitec Bank Unsecured loans also include a Multi Loans option that is well suited for temporary needs. This loan is approved in-branch and is reviewed every Twelve months.
You are able to transfer that Multi Loan to your transactional account via internet banking or through any Capitec ATM.
With Capitec Multi Loans you can get access to as much as R4000, which is repayable inside a month. This can be used loan to cover daily expenses, your rent for that month or perhaps your child's school fees. As a pay day loan solution, these loans must be repaid by your next payday, which is usually about 30 or 31 days.
What are the qualifying criteria?
- You must be a minimum of 18 years of age
- You should be employed for a period of time more than 2 months
- Have a legitimate South African I.D.
- Provide proof of residence
- Provide your latest payslip
- Provide 3 months' bank statements
Contact Capitec by calling: 0860 10 20 43
