Loan Term

We only offer Pay day loans also known as  30-day term loans.

 

This means our loans are repaid on a month to month basis.

Loan Interest

All loans carry a 30% interest.

 

Eg. a repayment for a R100 loan is R130.

Requirements to Apply

• ID Number
• Bank Statement
• Complete an online form

How is the money paid?

• We will transfer the money into the account numbers provided.
• We can not send money into a third party's account.

Terms & Conditions

• Loan amount must be paid in full + the interest.
• Should a repayment is not made on the agreed due date, 30% interest will be added.
• Should you fail to repay the initial loan on the due date, you must pay the 30% interest and the loan will be carried over to the following month.
• All repayments must be directed to our Capitec Business Account:

 

            CAPITEC BUSINESS

            OLONA HOLDINGS 85

            1052169570

         CURRENT ACCOUNT

            450105