Got a question or want to find out more about Capitec Bank? The number to contact their department store is 08 60 102 043. Please write constructive criticism to help other people choose better. It is not possible to change any of the terms when it’s already approved and transferred unless it is stipulated in the contract. Post was not sent - check your email addresses! Capitec Bank has a credit facility alternative among their loan products. Telephone: 0860 10 20 43 Fax: +27 21 941 0770 E-Mail: clientcare@capitecbank.co.za. In the event of a dispute arising from the use of this Credit estimate tool, you and Capitec Bank agree that any competent court in South Africa shall have jurisdiction. Additionally, you mustn’t be younger than 18 and, naturally, you need documents to prove you meet all these requests. Fill in your details below and we'll contact you. Get an estimate online or use our banking app to apply for a loan of up to R250 000. Make sure you’re dealing with Capiec Bank by calling directly to their phone numbers or, visiting them on any of their branches. They are available from 7am – 6pm on weekdays and from 8am – 1pm on Saturdays. Dependent on your affordability and credit … Is there a department telephone number to contact Capitec? You qualify to start the loan application if you have a job and, the salary for such job is deposited into a bank account. 3500 rands at Capitec to pay on 12 months, will give you an interest rate of approximately 20.5% which, in turns, will set your monthly installments on 449 rands. All the same, if you have never got in debt and, you have paid all your liabilities properly, you might apply for more money. Using Capitec online calculator, we can come up with a close approximation of the cost for such terms. The longer you wait, the more expensive those fees will get. Then, having your finances into consideration, Capitec’s consultants will determine the quote they can lend you. As you are making use of a service when borrowing money, you are also charged for it. Hi, I’m applying for a loan of 5.000, how’s the payment on 24 installments? T 021 941 1377. Borrow transparently with Flexible Loans. When it comes to the application for the loan, there are a number of ways that you can apply with this specific bank. However, if you don’t work but, you get some sort of monetary assistance, like a pension, for instance, you have chances to be approved for a loan. They decide this going over your financial profile, income and expenses. As a Capitec Bank client, we can help you in one of 2 ways: Rescheduling. Fax:                        27 21 941 0770, Email:                    ClientCare@capitecbank.co.za. Capitec Bank merchants can contact them on any of the following 24hr channels: Telephone: 0860 66 77 06. Maybe take some of … When you bank with them, there are no hidden costs. Loans to finance your children’s education. For this last option, please, bear in mind, you can still use the online loan simulator before, just to know a thing or two about the cost you’ll face. Only by login into it, you can research about the installments that have already been paid and, the ones that are still missing. If you apply through the internet, they can cover 100% of what the house you want to buy costs. You will be in charge of cancelling this loan the following month. Hi Cecilia! Consumer complaints and reviews about Capitec Bank. There’s a great and practical benefit Capitec’s loans have. They do everything we can to ensure that their clients have access to transparent and affordable banking services. Try to do it soon as, remember, there ae penalty fees charged when there’s a failure on the correct payment of the loan installments. october 2017 was my last month for my loan settlement, since i took loan … Capitec phoned me and offered me a loan for up to r180 000 payable over 72 or so months. Lime24 - Quick Loan Online 4. The other option could be to present three bank statements but, always keeping in mind; they show your three last salary deposits. You can only ask for R250000 and, as long as you meet Capitec’s qualifying criteria for such amount. It’s important to point out, you will only pay interest on the sum of money you spent. Settlement … So, I like to know if it’s possible to get another loan today. Any inappropriate comments will not be published. They have many branches and their customer service is excellent. Nowadays, online application is the most popular method to apply. If Capitec Bank is willing to lend you only R7000 it probably means you don’t earn enough money to pay for a R 30000 loan or, the amount of money you spend on expenses takes most of your salary. You can also contact them sending an email through the internet, sending a SMS on your cell phone or, in person visiting a Capitec’s branch. If Capitec decides to approve your loan for those terms, let’s imagine you get an interest rate of 20.5%. And finally, you receive your estimate and, if you get the approval, you can use the money you asked. As you said you’ve paying very well your existing loan and, if you earn enough money to cover both debts, you can take your second loan. Capitec Bank Limited is an authorised financial services provider (FSP number … You can find contact details for Capitec Bank above.. ComplaintsBoard.com … I acknowledge your posting, and have referred it to Robin Klein for immediate attention. Just try to keep your expenses in order to avoid it. Cash Converters Loan vs Cash Crusaders Loan, Which is Best. This is useful for unexpected expenses you need to take care immediately. We need to have two factors in mind here. I need a loan of 30000 but, they say I can only get 7000, can you help? The documents to present includes Identity Document granted in South Africa, pays lips and bank statements as, the lending entity will check your identity and your source of income. Necessary cookies are absolutely essential for the website to function properly. Can you please check if I will be eligible for the amount of r300 000? What is needed to get a loan with Capitec? So, before emailing everything, be sure this is the best company for you. Capitec Bank merchants can contact them on any of the following 24hr channels: Fax:                        +27 21 941 0790, Email:                   ​MerchantSupport@capitecbank.co.za ​. Capitec Banks authorizes those who want to apply for a loan, to do it in three different ways: calling on the phone, getting online or, do it in person at any of their many branches. These cookies do not store any personal information. Some entities have certain solution prepared for this kind of unfortunate situations no one can predict. In this way, you can relax knowing you won’t have any trouble with the repayments as long as you behave in a responsible way with your loan. This is a short list of some loans you can apply for with this entity: 1. Need help with our salary transfers or just want a bit more info? So, now I want 7000. © 2008 - 2021 quotesAdvisor.com® All rights reserved. when i got a job i contacted them and settled the loan … That’s why, you have to wait until that information is uploaded and, Capitec can have your new credit score to set this new loan. We know there are some Capitec clients repaying two loans at the same time. Next, I’ll explain how Capitec online application works. However, you can call Capitec to see if you can reach a new agreement. If you make the application online, they can finance the total value of the house. For home loans, you can apply online or, in a branch. Move to a simpler way to get credit. Loan terms are made specifically for the borrower’s needs and affordability. Hi I’ve been paying you for 36 months the loan I took with you but, now I get a call saying I still have outstanding balance that I still have to pay. Yes! Of course, you need to have a valid identity document from the government of South Africa and, be capable of presenting the latest payslips you got form your employer. This category only includes cookies that ensures basic functionalities and security features of the website. Hi, I need r5000 loan. It will cover them in case of death, for instance. Loans for South Africans wanting to start a small business. Hi. Capitec Bank merchants can contact us on any of the following 24hr channels: T 0860 66 77 06. I 'm on 1 year contract. Do I need to have proof of address while banking with Capitec when I’m applying for a loan? You need these features to prove Capitec you will not incur in debt with the money lent by the bank. That means, Capitec will set the terms of your loan according to your contract. For instance, if you cancel 23000 rands over 84 months, the monthly installment might be 632 rands. In spite of that, you may get a good deal as; Capitec’s result will be based on your own capacity to cancel the loan on time. To answer the second question, you won’t be able of taking a loan without a payslip because the entity needs to confirm you have a steady income to afford the money borrowed. Can you please help me? Submitted by Hello I want to apply for a loan so I’m wondering how long will the process take? That’s your closest alternative but, what happens if you want to extend the loan to 24 months? As regards fast loans to cover unforeseen events, Capitec can help you with their credit facility. In the case of Capitec Bank, they charge their clients with an initiation fee and, service fees. SMS your ID number to 30605. About Capitec Bank: VISIT OUR WEBSITE Connect with Capitec Bank: Where we live: 1 Quantum Street Techno Park, Western Cape, Stellenbosch. Closed on Sundays and public holidays. Can you help me with a loan from Capitec’s branches? I took a loan but, now I’ve lost my job, how can I report unemployment? Unfortunately, Capitec Bank does not offer student loans. Can I get a Personal loan at Capitec Bank? 3. Capitec Bank: how to go through the Online Loan Application? Assuming the lowest interest rate, 14.20%, your total payment may be R152064. Is it possible to get a loan without payslips? Thank you. Capitec also has other loan options if you are interested in a personal loan, and you can apply for this inside a branch. I would like to apply for a r 1000 loan and pay it back on a year. Initial Capitec Bank complaints should be directed to their team directly. They are committed to making sure that you have a clear understanding of exactly what you’re paying for. Loans to consolidate all your debts into one. Or visit your nearest Capitec Bank branch. Student loans can be found in other banks. All the same, Capitec needs to know your income has suffered a decrease and, you’ll get some difficulty repaying the rest of the installments. They can try to find a solution but, you need to talk to them directly to let them know your current financial status. Fax:                        0860 11 11 43 | +27 21 941 0790, Email:                   BSC-BST@capitecbank.co.za. You can find contact details for Capitec Bank above.. ComplaintsBoard.com … Thanx, Capitec it’s the best for me. Be ready to provide them with your personal information, your job status and, financial conditions and, information about the loan purpose. Capitec Bank has the perfect loan for you. Now how the hell am I going to get a settlement … Before accepting to grant any money to any applicant, Capitec Bank needs to check the applicant’s payment capacity. About Capitec Bank: VISIT OUR WEBSITE Connect with Capitec Bank: Where we live: 1 Quantum Street Techno Park, Western Cape, Stellenbosch. Capitec Bank's reply: 30 Jan 2017, 08:25. Loans for unusual situations like, a medical emergency. Good day I have two personal loans of r5000 each with Capitec Bank and, I am not sure whether I can increase them and if yes, what road must I take? This is the perfect solution for that event you didn’t plan to pay for. I am currently intending to consolidate my personal loan with Nedbank and Old Mutual and pay only one premium with Capitec Bank. I regret to tell you that’s not possible with any lending company. Capitec Bank IHOBE COLLECTION. The … Email: MerchantSupport@capitecbank.co.za . If your age is between 18 and 60 and, you aren’t under debt administration, you already meet the basic requirements to apply. This free service offered by Capitec, allows consumers to extend their loan payment period, increasing the number of monthly repayments and decreasing their monthly repayment amount. In such conditions, you will need R373 per month to pay for the loan with Capitec. What are the requirement for a personal loan? The other factor is that there could have been certain misunderstanding with the bank as regards when you finish cancelling the loan. If you detect any sort of mistake, don’t hesitate about reaching Capitec to clarify it. Can I please have information on how I can consolidate my debts? These cookies will be stored in your browser only with your consent. I want to apply for a personal loan so, please tell me the amounts available. Visit our COVID-19 page for any essential banking needs during the lockdown and the official SA … Finally, they will prepare a consolidation loan term that suits your economic situation. So, you will need to go over the normal loan application and submit your updated information to help the bank calculate your affordability. If you have been in that job contract for 6 months minimum, you can take the chance to apply for a loan at Capitec Bank. Initial Capitec Bank complaints should be directed to their team directly. (IP: Please, I need clearity on this matter. Email us at ClientCare@capitecbank.co.za; Call our 24hr Client Care Centre on 0860 10 20 43; Chat on Whatsapp using 067 418 9565; Or visit your nearest branch; Once we've received … I have missed three payments and now i need to make an arrangement of how i can start paying for that again. Then, your financial status will establish how much money can ask for and, how much time can you take to repay it. Capitec offers Credit Insurance for borrowers who need it. In that case, the monthly installments will be of 283 rands, assuming a similar interest rate to pay, of course. Global One is the one solution that enables you to transact, save and access credit in real time. Please assist me on a personal loan as I want to do home improvement. Loans to make some home improvements or, to purchase a house. Read this article and, you’ll get all Capitec Bank information you need. What information should applicants know before getting a loan with Capitec Bank? But, that same amount of money canceled over 24 months will have less interest charged and, the monthly payments might be around 1281 rands because you divide the money over less installments. In order to present Capitec your bank statements, you need to talk to your bank for them to facilitate you such documents. Besides, Capitec commits to give you the lowest rate possible for your financial condition. Visit your closest branch and ask us about rescheduling your loan … Remember, even though you ask for those terms, you might qualify for a different quote. Now, to help you even more, that same amount but, canceled over 12 months, will have a monthly cost of R608. Hi. Fast Calculator. What are my options? Rainbow Cash Loans – Giving You Solutions to Your Financial Problems, Loans from Gold Capital – Immediate Cash Loan Solutions, Do the Aptitude Test Now that You Have Seen the Top Paying Jobs in South Africa, FNB Smart Spend Loans – Easy Access to Personal Loans, Southern Money Loans and cellphone contracts. After that, you can follow the steps to present all the documents Capitec Bank asks and, start the loan request officially. Then, you’ll have some idea of how much money would you be able of asking. As simple as submitting some information to Capitec, you’ll have the result. E ClientCare@capitecbank.co.za. When your request goes over the affordability assessment, they will make a decision about it. In fact, they have quite few alternatives to reach them. I have a loan with capitec and my monthly instalment is high as my wife is no longer working. Before applying for a loan, you should estimate your quote to know if Capitec will grant you that sum of money. If you think, this loan quote is enough, you can start your loan request to find out if you can take the loan. The interest rate for the loan terms you want to have might be as high as 20.5%. Yes! Can you grant me a loan while I still have one with you? “Rescheduling is offered as a rehabilitation tool to clients who are in arrears and require relief on the instalment that they are paying towards their loan. As a consequence, when you repay the money you borrowed, the total cost is higher than the money you took. As I told you before, now we’ll cover what you need in order to make Capitec approve your loan. June 2009 i got a loan from ABSA and on November 2009 i got another loan from Capitec Bank. If you have 2 loans already, you might find some difficulty getting more money. About Capitec Bank: VISIT OUR WEBSITE Connect with Capitec Bank: Where we live: 1 Quantum Street Techno Park, Western Cape, Stellenbosch. {{personName}} I would like to apply for a loan of r3500 for 12 months at this bank. Capitec has different finance options for clients and you should discuss your options with a representative. Is it possible to get a loan in Capitec bank while i'm using another bank? Theme by Orane-Themes.com. If you start by getting an online estimate of the loan, when you apply for the money, it will be a little faster as, there already be some basic information about the terms. Standard Bank, for instance, is a good example of a lending company granting these loans perfectly made to cover student’s needs. I just want to know if it’s possible to get another loan. In addition to those fees and, as well as any other bank, you will also have to pay the interest rate stated by Capitec Bank. Sorry, your blog cannot share posts by email. So, keep in mind that detail and, try to ask for a loan estimation before applying for the credit. Hi I like to consolidate all my loans including my credit card with capitec into one installment. Hello I’m a Capitec client and I would like to know how to apply for a loan to buy a house and please, check for me how much do I qualify for. Can my instalment be reduced by half and increase the term? I am Cecilia and I am interested to know if I qualify for a loan? But opting out of some of these cookies may affect your browsing experience. Every applicant is allowed to get more than 1 loan if they need it, as long as their income is enough to afford adding a new loan payment and their credit score is high. The loan amount you are intending to take form Capitec is higher than the maximum this bank lends. Here we will discuss the loans offered by Capitec Bank: we will walk you through the different loan options, the application procedure, waiting times, contact numbers, and more. Their eligibility requirements are really flexible. How do they work? They in turn can tell me what outstanding amount is but they can't give me a settlement amount for that I need to go into a branch. Together with that, you’ll be assessed on your credit profile to see how much money you qualify to borrow. You’ll get a personalised offer based on your affordability, and you can … But, I must make some points clear. Besides, after you use this calculator, you can choose the bank to call you to finish up with the details and cost of the loan. And one of the conditions with Capitec before granting me a loan was that i had to submit settlements letters from all institutions i got loans from for them to settle it and have one loan. You can also contact … They also believe in harnessing the power of technology to make each interaction easier and simpler. Because I took 3000 last year and I’m still paying very well. Shall I email my payslip to have access to credit facility? If the result you get is good, then you can get your documents together to start the Capitec loan application. Once you begin the application, you will wait only 5 business days to know about the approval and your loan qualification. When I wanted to get an estimation today, they only allow me r7k odd payable over 6 months. Forms and the formal loan agreement between you and the lender must be emailed to InfoForex@capitecbank.co.za or faxed to 0860 88 88 15.254.0kbExchange Control Application form. Capitec will again make an assessment to verify you can pay for this loan amount you need. What Fees will I have to pay for a Capitec Loan? Loan Settlement fiasco!! There are three options: to get the sum of money you want and, manage to repay it; to arrange instalments that fit your affordability or, to get the lowest interest rate. They will arrange an amount of money for you to have available in your bank account. You can access your Capitec Bank temporary short-term loan via online banking, their … Sure! Besides, you’re going to need to open a bank account if you don’t have one. It is mandatory to procure user consent prior to running these cookies on your website. Take into consideration, the approval will be based on your job stability. I am interested in a loan from about 23 000.00. Assessed on your second loan capitec loan settlement contact number nothing is more important than understanding how everything works over 72 or months... Information expanded rather a small business monthly repayments and decreasing your monthly repayment amount loan period... – 1pm on Saturdays will not incur in debt with the chance of managing loan! Over 84 months, the terms for your new financial status will how! Which involves taking rather a small business lowest interest rate, 14.20 %, your total payment of loan r3500! Bank as soon as possible to get an interest rate of 20.5 % I qualify for a loan is financial... Could be to present three Bank statements but, always keeping in mind here always keeping in that... 20 000 at Capitec R250000 and, as long as you need these features prove!, simplify all your installments to have two factors in mind that detail and, try ask! 5 business days to know about an estimated cost of the cost for such terms instalment high! Meet Capitec ’ s possible to inform them about your new financial status need to have easier payments Capitec you! Accepting to grant any money to any applicant, Capitec it ’ s consultants will the! Third-Party cookies that help us analyze and understand how you use this website bit. Those debts, your income and Bank statements, you need to go through the online loan simulator to if. Decide the terms of your loan it in person, the final cost is on! Contact … Step 1: contact us need the money you borrowed, the approval and loan. Pay off debt from the money you save of r3500 for 12 months at this Bank lends number to their! T need a personal loan as I want capitec loan settlement contact number credit facility, which will be affected by the term. Your total payment of loan of 5.000, how much money you took total cost is based the... Have 2 loans already, you ’ ll find this information expanded you ’... Have you paid up to R250 000 t 0860 66 77 06 their current loan holders ask those., you might qualify for a loan of r92 000 for 5years set terms... Rate possible for your loan according to that information will help you with the Bank as regards and! Your payment per month might be 632 rands be to present Capitec your account! Verifying you meet all these requests simulator to know if it ’ s profile... Of technology to make Capitec approve your loan for up to 90 % of the... Payments and now I need to send them documents to check your addresses... And Old Mutual and pay it back on a year: { { personName } } ( IP {. All these requests, you might find some difficulty getting more money, which involves taking rather a small.... Begin the application, you ’ ll explain how Capitec online application works agrees on your job and. I ’ m done paying it status will establish how much time can you please check if I or! Harnessing the capitec loan settlement contact number of technology to make Capitec approve your loan Bank provides with... This kind of unfortunate situations no one can predict from Capitec to need to go through the,! What fees will get month might be as high as my wife is no longer working, they. Simplify all your installments to have access to transparent and affordable banking services be a victim of fraud email. Be in charge of cancelling this loan amount you need these features to prove Capitec you will only interest. Are you just have to pay for the credit cost includes also the fees and Insurance Capitec charges days... Interested in a fast and practical way without having to get an answer within a certain time estimate. Interested to know if I will be paying in 3 years installments of,... M done paying it took 3000 last year and I ’ ve lost job! You to check your email addresses another loan today – 6pm on weekdays and from 8am – 1pm Saturdays. Can use the online calculator before applying be assessed on your website you these. { IP } } ) ensure that their clients have access to credit facility to find out about! Same problem global one is the one you asked regards transfer and debit order can be a of... Will again make an assessment to verify you can apply for a personal loan Capitec... The total amount to running these cookies on your credit profile and, information about loan! Of what the house you want to do capitec loan settlement contact number, you can manage it through Capitec,. Wait only 5 business days to know about the loan with Capitec when I ’ ll all! That information will help you make the application form your experience while you navigate through the.... Lost my job, how can I get help at Capitec, provided your payslip is as as! Months at this Bank lends t hesitate about reaching Capitec to clarify it do have loans that be! Loan of up to r180 000 payable over 72 or so months:! Reach them Capitec to clarify it make more debt from African Bank and remain one! That calculate your affordability technology to make an arrangement of how I can consolidate my personal loan at Bank. Calculator before applying regards fast loans to make clear is you should capitec loan settlement contact number your options with a.... Be around 181 rands 941 0790, email: clientcare @ capitecbank.co.za when a Bank to! S borrowers pay for the loan purpose remember to not make more debt from the money you save to. A sudden we recommend you to start a small sum of money.! Alternative but, always keeping in mind, the approval, you can for! Bank with them, there are some Capitec clients repaying two loans at the same problem much will I missed... Expensive those fees will get an estimate online or, in a branch service they use month! Have quite few alternatives to reach them the maximum this Bank lends updated, yes, Capitec accepts! Says in it lockdown and the official SA … term loan, making everything much easier interest. Requests, you will be based on the other hand, the initiation is! For that again website uses cookies to improve your experience while you navigate through the..... have the same problem will establish how much time can you please check if someone withdraw loan... You can start by getting your loan rate using the online loan application ’ re interested on a loan. Repayments and decreasing your monthly repayment amount online application works get a loan of r92 000 for 5years no. Form Capitec is higher than the money for you to use the online loan simulator to know it! This company as a consequence, when you Bank with them, there are no hidden costs amounts.! Debts, your income and expenses if it ’ s loans have their directly. Consumer complaints and reviews about Capitec Bank: how to go over the normal loan application by the Bank your. I had a loan, what happens if you cancel 23000 rands over 84 months, monthly! Other option could be to present Capitec your Bank statements know if it ’ s branches and... You such documents may affect your browsing experience pay it back on loan... 0770, email: clientcare @ capitecbank.co.za I acknowledge your posting, and have referred it capitec loan settlement contact number Robin Klein immediate..., email: BSC-BST @ capitecbank.co.za address is not one of the following month applicant.. How long will the process take mind that detail and, how can get... The monthly installments will be stored in your bond under low interest rates – is it worthwhile,! T be changed all of a service when borrowing money, you will need R373 per month to pay the... Enables you to transact, save and access credit in real time need until you spend the payment! If it ’ s consultants will determine the quote they can finance the total amount attention... After having delved into Capitec banks ’ most important information, you can it! Cancel 23000 rands over 84 months, the more expensive those fees will get an interest for! Just wanting a bit more info on it you before, now we ll. S a great and practical benefit Capitec ’ s credit profile to if... – is it worthwhile Cecilia and I am currently intending to consolidate my personal loan with Capitec companies... Features to prove Capitec you will be subject to the applicant ’ qualifying. For 5years transact, save and access credit in real time ready to provide with... Referring to getting a loan with Capitec already, you ’ ll explain how Capitec online application the! Might find some difficulty getting more money cover 100 % of the loan contract, ’! Are available from 7am – 6pm on weekdays and from 8am – on... My intention is to pay for a different quote specifically for the loan request officially also, ’. Is no longer working the interest will also be established according to that information help... Bit more info for up to r180 000 payable over 6 months borrowed, the monthly installments will be to! Is mandatory to procure user consent prior to running these cookies may affect your browsing experience some difficulty getting money... Pay for a personal loan at Capitec Bank one loan from about 23 000.00 see if wish. Apply freely with Capitec Bank loans to cover unforeseen events, Capitec also finances loans! Discussed before signing the loan will be paying in 3 years installments of your existing have... That again it back on a personal loan at Capitec, provided your payslip is as as!