Capitec loan without payslip

The only way you may be allowed to get a loan from Capitec without payslips is if you get income from a business you own.

How do I apply for a Capitec Loan Online?

Capitec was able to grow its business in a great part due to their commitment to providing excellent services to their customers. This is also related to how they allow their clients to reach them out. As we are all different, there are different ways in which we like to get things done. Some of us prefer requesting services in person and having one-to-one conversations with our providers. And there are some other people who would rather not having to move from their houses to buy the services they need. Since Capitec is aware of these various preferences, it has established four ways in which you can ask for their loan:

  • Online: you will have to fill in an online application with your personal information and the data regarding the loan
  • In person
  • Over the phone
  • Through Capitec App

2 Basic Requirements to Qualify for a Personal Loan at Capitec

A lot of South Africans get super enthusiastic about Capitec personal loans because they offer convenient interest rates and loans that can be of a maximum of 250,000 Rands. Also, with this loan you pay fixed repayments and the term can be of up to 84 months. This is a tempting offer, but before you rush yourself and start applying for this loan, you should know if you can qualify for it.

There are two requirements you will have to meet to being able to ask for Capitec personal loan; these are:

  1. Being more than 18 years old
  2. Being permanently employed and being able to provide proof of this employment

What Documents do I Need to Apply for a Loan at Capitec Bank?

If you meet the two basic requirements we told you about, you will be able to request a personal loan at Capitec Bank. Just imagine all you can do with this loan. You can finally buy that car you’ve been thinking about for so long or start your own business. Or you can surprise your partner and invite them on a trip. You will be able to decide what to do with the money borrowed since these loans are multipurpose.

Capitec makes it pretty easy for you to apply for their loans; all you need to do is provide them with 3 documents. These are:

  1. Your South African ID
  2. Last payslip
  3. Most recent bank statement proving that you’ve been deposited three consecutive salaries in your account.

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