Capfin Loans
Borrow from R1,000 to R50,000, repay over 6 to 24 months at fixed rates from 5%–27.75% p.a. Fast approval, clear monthly costs, and local service.
Capfin personal loans are popular in South Africa for their simplicity, transparency, and speed. If you need up to R50,000 for your studies, upgrades, or emergencies, Capfin can provide fast, hassle-free access to funds. You can choose a repayment term between 6, 12, or 24 months with fixed rates ranging from 5% to 27.75% per annum depending on your risk profile and loan term.
When borrowing, costs such as initiation and monthly service fees are calculated upfront. For example, a R4,000 loan over 12 months at the maximum rate would carry a repayment of about R528 per month, totaling R6,338 (including VAT, fees, and credit life cover). The process also ensures your monthly instalment is easily manageable and consistent.
How to Apply for Capfin Personal Loans
- Start by using the Capfin Loan Calculator to choose your amount and see estimated repayments.
- Fill out the simple online application form for a pre-approval offer.
- Submit proof of income and expenses to verify affordability.
- If approved, select your loan details, share your banking info, and upload required documents.
- Receive your funds within 48 hours of completing the process.
What We Like
The application process is swift and paperless, which saves time. Monthly instalments are clear, and there are no hidden costs. Loans are flexible, whether for business, study, or emergencies, and you can use the loan calculator to estimate your repayment upfront. The unsecured terms mean you do not need collateral.
What to Consider
If your credit profile is not strong, you might not be eligible for the full loan amount or best rates. Also, fees and interest costs can be high at maximum rates, especially on longer terms. If you require more than R50,000 or special repayment features, you may need to consider other providers.
Final Verdict: Is Capfin Right for You?
Capfin offers a user-friendly and transparent personal loan offering for South Africans needing fast cash with manageable repayments. If you value speed, clarity, and a straightforward process, Capfin personal loans are a smart option. Always borrow responsibly and use the loan calculator to budget effectively.
