Rating based on 7 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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Capitec homepage
Author Capitec. Screenshot of Capitec website.
[Accessed October 5, 2021]

About Capitec

Capitec provides a simplified banking experience for their client’s convenience.

Their all-inclusive solution, the Global one solution, enables clients to transact, save, and access credit in real-time. The Bank believes in using technology to better its services and make each interaction more accessible and straightforward.

Provide transparent and affordable services

Anyone who wants to bank with Capitec can feel safe knowing that they don’t charge any hidden costs. They are committed to ensuring that clients clearly understand what they are paying for when they apply. Capitec believes in providing South Africans with access to transparent and affordable banking services.

Banking methods offered

Capitec believes that clients should access their cash wherever they want to and how they want to. They have 852 branches, remote banking, ATM services, and cash back at supermarkets as ways to access money. The way clients choose to do their banking is entirely up to them.

Personalized Services 

All branches have friendly consultants who provide affordable and simplified banking solutions. Their focus is to build a relationship with their clients to understand their needs and financial goals better. Capitec wants to empower and educate clients on how to control their banking by ensuring they are informed about every step of the process.

Capitec Services

Some costs are too significant to cover with one paycheck, such as home improvements, education fees, or buying a reliable car.

Personal loans are a perfect solution to cover these costs without struggling to get through the month. Capitec helps clients live better by earning credit for the right reasons.

Capitec personal loan terms

Clients can apply for a personal loan online for up to R250 000 at Capitec Bank, online or on their banking app. Upon applying, they will receive a personalized offer based on their affordability and credit score. Lenders can choose what offer suits them best based on the amount they want and which one has the best repayment schedule and interest rate. Capitec offers personal loans with an interest rate starting at 12,9%.

Benefits of getting a personal loan 

Capitec designed its loan for lenders to get the best offer based on their profile and needs. Their personal loans have many benefits, including:

  • Flexible terms: Choose a period that ranges from 1 to 84 months.
  • Fixed monthly installments: Clients pay fixed installments per month with interest rates starting from 12,9%.
  • Fast approval and payout: Credit is approved within minutes, and money is available immediately.

Capitec – Personal loan

  • Loan Type Personal loans
  • Interest Rate from 12.9%
  • Loan Amount up to R250,000
  • Repayment 1 month to 84 months

Benefits of Capitec

  • Flexible repayment terms
  • Quick and easy application process
  • Fixed monthly installments

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.

Easy personal loan application

Capitec bases its loan offers on the applicant’s affordability and credit score.

Lenders will need to present:

  • Their original identification document. Clients need to be South African citizens, 18 years or older.
  • Their latest salary slips as proof of income and employment.
  • Any original bank statement showing the latest three consecutive salary deposits into their account. (Take note that an over-the-counter bank statement needs to be stamped)

Where to apply

Clients can now apply for their loan at any time online on the Capitec website or their banking app. Feel free to contact them via phone during business hours at any branch for those who feel more comfortable speaking to a consultant or visit any Capitec branch for more personalized consulting.

Capitec banking app tracking

The App is designed to allow clients to keep up with payments from anywhere and at any time. It is easy to use and have many benefits, including :

  • Open a Capitec account – By taking a selfie-and scanning your ID.
  • Personalized home screen- Clients can see all their account balances at a glance and set up shortcuts for the most used features.
  • Receive notifications – Get notified when money leaves and enters your account for free on the App.

With the Capitec Banking App, clients can now also control their finances from anywhere in the world. The App helps clients:

  • Track spending: Clients get a quick overview of their spending and exactly where their money goes.
  • Make instant payments- Pay EFT transactions from the App, and never miss a payment again.
  • Activate virtual card- Virtual cards are perfect for when clients forget their card at home as they can be used as a regular card.
man holding thumbs up

Capitec is a trusted & reliable provider of personal loans

In our review, Capitec adheres to the compliance criteria in accordance with the National Credit Act, where the granting the loan will not cause financial distress to the consumer.

Capitec is a registered credit provider in South Africa: NCRCP 13

Customer Reviews & Testimonials

October 2019

Thank you, Capitec, for helping me quickly apply for my loan. They truly professionally provide a fantastic service.

Schwart J
— Cape Town —

November 2019

My consultant at Capitec was incredibly professional, friendly, and knowledgeable. She deserves praise for her excellent service.

Kok C
— Durban —

March 2019

I visited a Capitec Branch in Polokwane, and the service was fast and effective. I highly recommend them to everyone.

Janse van Vuuren W
— Polokwane —

Capitec Contact

Contact Number


  • not available


Physical Address

  • Ottery Centre, New Ottery Rd, Ottery Cape Town Western Cape 7800 South Africa
  • Get Directions

Opening Hours

  • Monday 09:00 – 17:00
  • Tuesday 09:00 – 17:00
  • Wednesday 09:00 – 17:00
  • Thursday 09:00 – 17:00
  • Friday 09:00 – 17:00
  • Saturday 08:00 – 13:00
  • Sunday – Closed