Since it was established within 2001, Capitec Bank is growing to become one of the major loan companies in the country, with over Several.3 million clientele. Offering a range of banking solutions, from transactional services, to credit treatments, the bank is well regarded as South Africa’s cheapest bank.?
This factor renders the bank highly popular between South African customers. In 2016, The Southerly African Customer Satisfaction Index chart (SACSI) found that Capitec Bank possesses the highest satisfaction within customers.
The Credit options offered by the bank are offered in the form of a customized credit plan all the way to R250?000 and a Multiple Loan option.
Capitec Personal loans are offered with accommodating repayment terms of as much as 84 months to cover.
Tell me more about Capitec Mortgages?
Loan amounts that are awarded are based on individual value and individual credit ranking profiles.
Once you have been authorised for the loan, expect an immediate transfer towards your transactions or savings.
You get free retrenchment as well as death cover, which may pay off your debt inside the unfortunate event of this critical illness, retrenchment and also death.
You get the good thing about fixed monthly repayments, which means you can budget much better because you will know how a great deal you owe every month.
There is usually an option to consolidate your existing loans with regard to easier monthly repayments. For anyone who is struggling to keep up with payments to multiple debt collectors, Capitec Loans may be able to aid the right consolidation alternative for your needs.
Once you have been approved for the loan, you’ve got the financial freedom in order to use it however you should.
What are the qualifying factors?
- Valid South African ID
- Be entirely employed
- Provide original proof of residence
- Provide your latest salary slip
- Provide the 3 month bank statement showing your final 3 salary deposits
To find out more on Capitec Loans, Call Capitec Traditional bank on: 0860 10 30 43