Personal loan

Move to a simpler way to get credit by applying for a loan. Get an estimate online or use our banking app to apply for a loan of up to R500 000.

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Representative example of Personal Loan

As an example, the estimated monthly repayments on a Personal Loan of R50,000 over 48 months at an interest rate of 22.00% per annum would be R1,741, which includes all service and initiation fees. Our interest rates are personalised, starting from a minimum of 13.75% per annum. Your personal loan will be granted subject to credit and affordability criteria

R3 000
Minimum Monthly Income
R500 000
Maximum loan amount
12 to 84
Months to repay
Interest rate

Why choose a personal loan?

  • Get up to R500 000 over 84 months
  • Choose what works for you – the amount you want, the lowest monthly instalment or the lowest interest rate
  • Credit is approved in minutes and the money is available immediately
  • Pay fixed monthly repayments
  • Get interest rates from 13.75%
  • Consolidate all your existing loans for easier monthly repayments
  • Add affordable credit insurance, including retrenchment and death cover
  • Manage your credit using our app

How to apply

Documents needed
  • Original ID document (must be 18 years or older)
  • Latest salary slip
  • A bank statement showing your latest 3 consecutive salary deposits (only if the salary is not paid into your Capitec account)
Your offer is based on your affordability and credit profile
  • Your banking and credit history
  • Your income and expenses to see how much you can afford
  • You choose the credit amount that you want
  • You choose the monthly instalment that suits your cash flow or the option that gives you the best interest rate

Credit insurance

Credit insurance is required for all our personal loans to cover death, permanent or temporary disability, unemployment, the inability to earn an income or retrenchment.

What makes our credit insurance great

Unlike other insurance policies your premiums become lower over time. That’s because the monthly premium is calculated based on how much you owe on your loan. So the more you pay off on your loan, the lower your insurance payment becomes.

Read more about our credit insurance and easy claims process.