Capitec Bank Multi Loans SMS

Capitec Bank Multi Loans SMS

Since inception in 2001, Capitec Bank has expanded considerably to become a major player in the South African banking sector. Offering a range of banking solutions, Capitec specialises in the provision of simplified banking solutions. Now with a customer base exceeding 6.2 million, it continues to expand through the years. 

Capitec Multi Loan:

The Capitec Multi Loan is a loan offer of up to R4000.  Ideal for helping you meet your daily needs and emergencies, this loan is short term in nature.

Repayable in full at the end of the month, this loan amount can be transferred to your personal account using a Capitec ATM, cell phone banking or internet banking. Interest and fees are only charged on the money that is transferred to your transactional account.

What are the qualifying criteria?

  • You must be at least 18 years of age
  • You must be employed for a period longer than 2 months
  • Have a valid South African I.D.
  • Provide proof of residence
  • Provide your latest payslip
  • Provide 3 months’ bank statements

Self-employed individual unfortunately do not fall within the scope of Capitec’s lending criteria.

If you are looking to apply for a Capitec loan, to save yourself some time and money, you should use the Capitec Bank Multi Loan SMS facility.

How does the Capitec Bank Multi Loans SMS work?

  • SMS your ID number to 30605
  • You’ll get a reply confirming how much credit you qualify for
  • Based on that, you can then apply for a loan to suit your needs.

To register for Capitec Mobile Banking, simply dial *120*3279#. Your mobile banking PIN keeps all your transactions secure.

Here are 10 ways you can capitalise on Capitec Mobile banking:

  1. Make Payments
  1. Buy airtime and electricity
  1. Add beneficiaries
  1. View transaction history
  1. Add future and recurring payments
  1. Do multi-loan withdrawals
  1. View account details
  1. View credit plan details and balances
  1. Create and manage your budget
  1. Connect with Capitec
Categories: Loans