Capitec Bank Loan Interest Rates

Capitec Bank Loan Interest Rates

If you’re planning on applying for credit, here are the numbers you’ll need to know. The rates and fees below are effective as of 3 June 2018.


Rates and fees

You want
Loan amount (R)5 00025 00050 000100 000250 000
Term (months)Credit facility12244884
You pay
Interest rate (%)20.5012.90 – 27.5012.90 – 27.5014.20 – 27.4016.30 – 21.70
Credit life insurance R/1000 per monthn/a2.49 – 4.502.49 – 4.502.49 – 4.502.49 – 4.50
Once-off initiation fee (R)0 – 649.751 207.501 207.501 207.501 207.50
Monthly service fee (R)35 – 6969696969
Your repayment
Monthly repayment (R)5 154– 5 8152 445– 2 6612 574– 3 0092 999– 3 8805 540– 6 769
Total repayment (R)5 154– 5 81529 345– 31 93761 765– 72 220143 962– 186 227465 374– 568 562

Please note that these are examples only. You can choose any term for your loan (up to 84 months) to make your monthly repayments more affordable. Your actual credit amount and credit interest rate will be based on your individual credit profile and affordability.

Credit facility rates and fees

  • Initiation fee: R172.5 for the first R1000 transfer up to R649.75 for following transfers
  • Monthly fee: R35 (without active balance owing) R69 (with active balance owing)