Capitec Loans- affordable rates for clients

Capitec Bank has quickly established a reliable reputation in the South African financial market. Since inception in 2001, the bank has continually expanded its market share. It has achieved this largely through innovative and simplified banking solutions.

Individuals seeking financial assistance in the form of credit can rely on Captiec’s range of product offerings. Capitec provides reliable loans at affordable rates. Up to R200 000 is available, which is offered at fixed monthly repayments. Clients are given up to 84 months to repay. It should be noted however, that loans are approved subject to individual credit profiles and an affordability assessment.

Multi Loan:
With this product, qualifying clients can expect to have access to up to R4000. This amount can be used ideally for daily emergencies and unexpected expenses that emerge before the end of the month. Approval is simple and once finalised; it is credited to your savings account within minutes. You are expected to repay the loan within a period of one month and free retrenchment and death cover is included.

Global One:
Up to R200 000 in finance is offered, with flexible repayment terms of up to 84 months to pay. Repayments are fixed, so market fluctuations have no effect on instalments.

Home Loan:
You can get up to R5 million on this product with 240 months to repay. Special deals are available for qualifying government employees as well. Available to 18 to 60 years old individuals, this loan solution is dependent on your credit profile and affordability.

What do I need to qualify for Capitec Loans?
Proof of residence
Valid South African I.D.
Latest 3 months’ bank statements
Latest payslip
Be permanently employed

Capitec has recorded huge growth since entering the market and continues to grow by offering a range of competitive products and services. Seamless loan application processes have also contributed significantly to this.

Simply visit your nearest Capitec Bank branch and speak to a friendly consultant about your options. Alternatively, call 0860 10 20 43 or visit www.capitecbank.co.za.