How to Apply: Capfin Loan Online Application for South Africans. Call for Applications – Capfin Loan Online Applications is open to interested persons with a South African ID.
Eligibility/Documents Required
- A valid SA ID;
- 3 latest payslips or 3 latest bank statements;
- Must be permanently employed and earning a monthly salary;
- A valid cellphone number;
- A valid SA bank account with one of the following banks supported by Capfin:
- Standard Bank; – ABSA; – FNB; – Nedbank; – Capitec; – African Bank; TymeBank
- Must be 18 years or older.
Qualification
Use the Capfin Loan Calculator to determine the right loan amount for your needs. Instantly view your potential repayments and complete our quick application form to receive a personalised pre-approval offer within minutes.
Loan Products
Loans Repayment Example 6 months
At Capfin we offer affordable and easy to manage loans of up to R50 000 with 6 or 12 month repayment terms. Our transparent loan products and services ensures that you get what you pay for with no hidden costs. We make managing your loan easy by allowing you access to your loan account at any time. Our affordability assessment process also considers the best interests of our customers.
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6 Months:
- Loan Amount: R4000
- Max Interest Rate: 5.0% per month
- Initiation Fee: R535
- Max Monthly Service Fee: R69
- Monthly Capfin Credit Life: R15
- Max Monthly Instalment: R967
- Max Total Loan Repayment: R5804
All figures listed are inclusive of VAT at the prescribed rate. Example based on the first Capfin loan in calendar year and prime interest rate at time of publishing (May 2025).
Loans Repayment Example 12 months
12 Months:
- Loan Amount: R4000
- Max Interest Rate: 28.25% per annum
- Initiation Fee: R535
- Max Monthly Service Fee: R69
- Monthly Capfin Credit Life: R14
- Max Monthly Instalment: R519
- Max Total Loan Repayment: R6225
All figures listed are inclusive of VAT at the prescribed rate. Example based on the first Capfin loan in calendar year and prime interest rate at time of publishing (May 2025).
Loans Repayment Example 24 months
24 Months:
- Loan Amount: R4000
- Max Interest Rate: 28.25% per annum
- Initiation Fee: R535
- Max Monthly Service Fee: R69
- Monthly Capfin Credit Life: R14
- Max Monthly Instalment: R331
- Max Total Loan Repayment: R7943
Can I afford it?
After receiving your pre-approval, submit your detailed income and expense information so we can assess your loan affordability. Once this assessment is complete, we will provide you with your final Capfin loan approval.
Loan Duration
Once your loan is approved, select your loan amount, provide your banking details, and upload the required documents to complete your application. Our simple and fast process ensures you have access to your loan within 48 hours.
Loan Threshold
We offer loans of up to R50 000, based on the outcome of your affordability assessment, which considers factors such as your income and expenses, your credit profile, and payment behavior.
How to Apply for a Capfin Loan
You may apply for a Capfin loan online, via SMS (33005), or visit any PEP or Ackermans store nationwide.
