In this capitec personal loan review we will share the latest news about their instant cash personal loans. They offer unsecured loans up to R230 000. The online newsletter from this bank state that it has increased its credit offering so that its clients “can get the cash they need to afford the things they really want”.
Capitec's goal is to be able to payout a high-value unsecured loan within 20 minutes.While you are considering a loan with them, you can also consider to open a personal bank account there. They are the bank most people talk about these days.
Allot of my clients are changing their personal bank accounts from one of the four main banks to Capitec. Mainly because their bank charges are minimal compared to their competition.
The R230 000 is available for up to 84 months. You may however repay the loan quicker. This amount is probably the biggest personal loan you will be able to finance in South Africa. Closest to them will be African bank.
ABSA offers personal loans between R3 000 and R150 000 for up to 84 months.
At Standard Bank you can apply for a maximum loan of R120 000.
FNB provides unsecured loans up to R150 000.
Nedbank offers personal loans up to R120 000.
African Bank’s biggest unsecured loan on offer is for R180 000 for over 84 months.