How does the Capitec business overdraft calculator work?

The overdraft calculator uses your business details to estimate how much overdraft you may qualify for. It assumes full facility utilisation with monthly repayments and gives a personalised estimate based on a credit evaluation in approximately 5 minutes.

Is the overdraft calculator result a guaranteed offer?

No. The calculator provides an estimate only. Final approval and the exact overdraft limit are subject to a full credit assessment by Capitec Bank.

How long does it take to get an overdraft estimate?

The overdraft calculator typically provides a personalised estimate in approximately 5 minutes.

Do I need a Capitec business account to use the overdraft calculator?

You will need to provide your business details to receive an estimate. An existing Capitec business account may be required to proceed with a full application.

Overdraft calculator

Not sure how much overdraft you qualify for? Use our easy calculator for a quick personalised estimate in under 5 minutes.

Overdraft Calculator

Conditions

Credit is subject to a full credit assessment.

We assume that the borrower uses the full amount of the overdraft facility on the first day of the overdraft facility and repays the service fee and interest every month to stay within the overdraft facility limit. The full outstanding balance is paid at the end of 12 months. The monthly repayment includes the interest and the service fee. The initiation fee is a once-off fee based on the credit limit of the overdraft facility. Click here to see our interest rates and fees. Fees are correct at time of publication and are subject to change.

The use of this calculator is subject to our terms of use