Capitec Bank Multi Loans are short-term loans that are offered by Capitec Bank that they offer their customers, alongside some of their other products that include Personal Loans that go as much as R250 000 in cash and Home Loans that go up to R5 million which they partner with SA Home Loans. These loans are pay day loans which require to be paid back in full on your next pay date, or within a month after being approved and you can use them for all your immediate short-term financial obligations.
Why choose Capitec Bank Multi Loans?
One of the many reasons why you should consider applying for Capitec Bank Multi Loans is the fact that they give you access to short-term loans of up to R5 000 which you can use for any unforeseen expenses that may come your way when you are least financially prepared, and these include things like family emergencies, car repairs, rent and so on.
These loans from Capitec come with fixed interest rates which are only charged on the amount you use, and are reviewed every 12 months at your Capitec branch. The approved funds are available to you immediately and can be transferred into your savings or transactional account using either Capitec ATMs, Cell phone Banking or Internet Banking. Another advantage of these loans is that they are unsecured loans which don’t require any form of collateral when you apply for them.
What do I need to qualify for Capitec Bank Multi Loans?
Thats a good question, to successfully apply and qualify for Capitec Bank Multi Loans you will need to have an account with Capitec Bank, must be over the age of 18 years and possess a South African Identity Document, must be employed permanently and show proof of income such as your most recent pay slip, must also have your current proof of address not older than 3 months.
Their application process is convenient and can be all done online if you choose not to go in person at one of their branches. Simply fill out the application form with all your relevant details and they will review your application and advise you on your application status. If you are approved they will transfer the money straight into your Capitec transactional account.
Capitec Bank Multi Loans Contact Details
Visit your nearest Capitec Bank branch and find out how you can apply for Capitec Bank Multi Loans through speaking to their in-branch consultants. You can also give them a call on 0860 10 20 43 and chat to their consultants about their multi loans or visit their website www.capitecbank.co.za and read up more details from there.