Capitec Personal Loan — what this product is
Capitec Bank Limited issues this facility as a closed personal loan: one lump sum, then fixed instalments until the term ends. The issuer file is NCRCP13, FSP 46669, company registration 1980/003695/06. Lending follows the National Credit Act. Bureau partners named for affordability work are TransUnion SA and Experian SA.
Capitec also markets a revolving Credit Facility. That line can be drawn, repaid and drawn again. This listing covers the closed personal loan only, not the revolving facility and not the Capitec credit card.
Calculator and cited pricing
The official calculator at capitecbank.co.za/personal-banking/credit/personal-loans/ cites R1,000–R500,000 and 7–84 months. A rates page dated 29 May 2026 showed a floor of 12.50% a year. The same page illustrated R50,000 over 48 months at 22%, with a total of R84,811. That total includes initiation R1,207.50, monthly service R69, and a credit-life illustration. If any other percentage is missing from those sources, treat it as unknown and check the lender / pre-agreement quotation.
How you apply
Start in the Capitec banking app or walk into a branch. Existing clients often see an offer already sitting in the app. New or undocumented files still go through the statutory affordability test. Client Care: 0860 10 20 43, info@capitecbank.co.za.
Who it fits
Use this loan when you need a rand lump sum with a known end date. Skip it if you wanted a revolving limit. Compare the quotation total (not only the headline rate) before you accept.
