Introducing the Capfin Loan Offer

The Capfin loan lets South Africans access up to R50,000 with repayment terms of 6, 12, or 24 months. Interest rates range from 5% to 28% per annum, fixed throughout.

You benefit from transparent costs, including an initiation fee, monthly service fee, and compulsory credit life insurance, providing peace of mind should the unexpected occur.

For example, a R5,000 loan over 12 months could cost you as much as R7,166 in total, depending on rates and costs at the time of application.

The streamlined online process ensures you know what you’ll pay every month, with consistent payments and no hidden surprises.

Fast approvals mean you can typically get your funds paid out within 48 hours of final approval, making it ideal for those needing urgent assistance.

How to Apply – Step by Step

Start by using the Capfin calculator to determine your preferred loan amount and see estimated repayments upfront.

Complete an online application form, which takes just a few minutes thanks to their user-friendly platform.

Receive a personalised pre-approval offer in minutes—no need to wait long for initial feedback.

Submit supporting documents, including detailed income and expense details for a quick affordability assessment.

Once approved, choose your amount, provide banking details, and get your money fast—often within two days.

Pros of Capfin Loans

One significant advantage is the flexibility. You can choose the loan amount and term that best fits your needs, from just R1,000 up to R50,000 over 6, 12, or 24 months.

Transparency is another plus. All costs—interest, fees, and insurance—are presented clearly, so you always know your total repayment.

Cons of Capfin Loans

Interest rates can be on the higher end, up to 28% per annum, especially for larger loans or longer terms.

Additionally, all loans require a credit life insurance policy, which adds to the cost even though it does offer valuable protection.

Our Verdict

Capfin loans provide a quick, flexible solution for those who need a personal loan with predictable costs. The fixed rates and transparent process are strong points.

If you’re comfortable with the total cost and need funds for a specific purpose, Capfin can be a solid option for your financial needs in South Africa.