Important disclosure

Capitec Personal Loans Calculator & Product Overview

Capitec Bank is a leading South African retail bank operating since 2001 and servicing both individuals and businesses. Also, Capitec personal loans are popular amongst South African borrowers.

Capitec’s Personalised Credit is a simple way to get credit. You can get an online estimate or use our banking app to apply for a loan of up to R250,000. You’ll get a personalised offer based on your circumstances, and you can choose between the right amount, the lowest monthly instalment or the lowest interest rate, starting at 12.9%.

To help you budget, you can calculate your loan details to determine the payment option that will best suit your financial needs. All you have to do is to input the loan amount, adjust the loan term and then click calculate. It’s easy to use, so go ahead and give it a try.

Calculate repayments

Loan Amount



3 months

Capitec Bank

Capitec Bank Personalised Credit - up to R25,000

Estimated Month Repayments
Interest Rate
Repayment Period
1 month
to 84 months
Loan Amounts
to R25,000
Get up to R250 000 over 1 to 84 months. Choose between the amount you want, the monthly installment that suits your pocket, or the option that gives you the lowest interest rate. Credit is approved in minutes and the money is available immediately. Pay fixed monthly repayments. provides factual information in relation to financial products. While attempts to make a wide range of products and providers available, it may not cover all the options available to you. Moreover, we cannot be responsible for changes made to this information by product providers and/or inaccurate information obtained from a product provider. All product information comes from the product provider or publicly available information and to the best of our knowledge is correct at the time of publishing. The information published on is general in nature only and does not consider your personal objectives, financial situation or particular needs and is not recommending any particular product to you. If you decide to apply for a product you will be dealing directly with that provider and not with recommends that you read the relevant product disclosure statement or product guide before taking up any financial product offer. For more information please see's Terms of Use.

Minimum and maximum loan periods vary between 1 months and 10 years. Comparison interest rates vary between 6.55% and 60% p.a. Total interest repayments vary between R685.05 and R844.12 over the life of the loan. *Comparison rate is based on an unsecured loan of R20,000 for a term of 3 years. WARNING: This comparison rate is true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate. These rates can change without further notice. All rates quoted are per annum. For more information regarding fees click on "View fees & additional info +" for each product or contact the provider.

About Capitec personal loans in South Africa

Chances are, you’re already familiar with Capitec. This bank has built a big, trusted brand for itself, and most South Africans feel comfortable and safe when making a Capitec personal loan application. Among other things, Capitec personal loans interest rates are very competitive, and you can easily access any amount you need via the Capitec online platform. That’s not all. Explore this article to find out more relevant information about getting a flexible credit from this lender.

How it works with Capitec loans

  • You get unsecured personal loans that require no security or collateral.
  • Capitec offers personalised interest rates that match your ability to repay and your personal credit risk report. Capitec personal loan interest rate start from 12.9%.
  • You get a flexible amount that can cover a wide range of financial needs. The amount you get approved for depends on your credit risk and what you need to use the money for. When you wish to make a large purchase, you can get up to R250,000.
  • Capitec’s mobile and internet banking services offer simplicity and convenience. You can bank at any time – on the road or in the comfort of your home.
  • Furthermore, since Capitec loan applications can be made online, you can get approved in a few minutes if you qualify, which makes the process quick and time-saving.

How much do Capitec loans cost?

Some quick info on costs associated with Capitec loans:

  • Interests at 12.9 – 24.5%
  • Credit life insurance: You can pay R4.00-R4.50 for every R1000
  • Once off initiation fee: R1207.50 for a R25,000 amount
  • Monthly service fee: R69.00 for a R25,000 amount
  • Monthly repayments are fixed and depend on the amount and term

What type of Capitec finance are available?

There are two main types of finance you can get from Capitec:

  • Personal loan. You can borrow a maximum of R250,000 that gets repaid over a period of up to 84 months. You can also choose to make repayments for the debt at an earlier date if you can afford it. To protect yourself, you can also take on insurance so that you are covered in the event of retrenchment or death.
  • Car loan. You can also get unsecured loans to finance your car purchase.

Usually, a monthly service fee and an initiation fee are included when your credit is approved. Also, reading the terms and conditions for Capitec loans can help you fully understand your debt’s total cost.

What are Capitec personal loan requirements?

  • You must have reached the legal age of 18.
  • You must be a South African resident with a valid, government-issued ID.
  • Your income should be regular and above a certain amount to ensure you can afford to repay your debt.
  • You should have a good credit rating. Capitec performs a credit check to see if you have a good credit score before they approve your application. If you find yourself blacklisted or having a bad credit score, your application may not be successful.

What documents are required for a Capitec loan application?

  • Your government-issued South African ID document or card
  • Proof of income and your latest three months’ bank statements. You can also provide your payslips.
  • Proof of residence; evidence of where you stay in the form of the latest utility bills or lease agreement.
  • Depending on the amount, Capitec might also require you to declare your regular expenses, assets, and liabilities as proof that you’re able to pay back the credit.

Capitec personal loan online application

There are several ways to make a Capitec personal loan application. For example, you can visit the nearest Capitec branch or make a phone call. However, the most convenient way is to apply online. Capitec offers an easy to use online application platform on their website. Once you confirm the qualification requirements, you can select Capitec from the list of providers featured on the comparison tables above.

How does the Capitec personal loan calculator work?

Use the calculator on this page to calculate your likely monthly repayments and then click the “Go to Site” button to switch to the lender’s website and proceed with the application. Next, you will have to upload the required documents from your device. You also have to select your preferred amount and term, and then click submit.

How does Capitec evaluate your credit demand?

When you submit a Capitec loan application, the bank considers several factors when evaluating whether to approve you or not. These factors include:

  • Your credit score and banking history;
  • Your income and expenses; and
  • The stability of your income.

Advantages of Capitec personal loans

  • You can get access to R250 000 when you need it. Capitec offers flexible amounts that suit your needs. However, the amount depends on your credit profile and whether you have provided enough evidence of your ability to repay your debt.
  • Capitec loans come with credit insurance to cover you in the case of retrenchment, sickness, disability, or death.
  • The fixed monthly repayment amounts help you budget ahead of time.
  • They have flexible payment terms that make paying for the credit affordable.
  • You get the best offer depending on your credit score. This means that you will not get a credit that will be difficult for you to pay back.

Disadvantages of Capitec loans

  • You might not be approved for a Capitec personal loan if you have bad credit or are blacklisted.

Capitec Access Facility – Revolving Credit

Popular personal loans searches

View all lenders