Capfin Online Loan Application: affordable and friendly

The Capfin loan is an increasingly popular short term loan being used in South Africa. They keep the loan application process simple and offer a loan term limited to 6 or 12 months. Since its founding in 2010, Capfin has consistently exceeded its customers’ expectations with responsible lending and friendly service, acting as a trusted registered loan provider. This is in line with the company’s vision of providing customers with affordable personal loan services and products, In addition to these, Capfin strives to make it easy to apply for a quick loan by making their loan products affordable and easily accessible. This sets them apart as more than a short-term lender. Learn everything you need to know about applying for a loan from Capfin here.

Following a line of short term loans, the Capfin loan is growing in popularity in South Africa. The loans operate with a minimum limit of 6 months and a maximum limit of 12 months. Having its foundation in the year 2010, the essence of Capfin has never ceased to be responsibility in lending and friendly service, passing on the total that a provider should have and that a customer seeks. Following the company’s line of providing customers with an affordable personal loan and also striving to make an application for a quick loan as feasible as possible, making their products much more affordable and easily accessible. Not just limiting them to a short term lender. To learn all about Capfin’s loans read here.

Capfin focuses on easy to administer and affordable loans, giving amounts capped at R50 000 on 12 or 6 month terms. The clarity that Capfin provides is also one of the strong points to note, as it shows that they seek a good relationship with the customer by alerting them of any cost-benefits inserted, with no surprises in the amounts. Like many lenders, Capfin evaluates the viability of the loan with its best interest rates. It bases this on your credit record and score to ensure that you can make the monthly repayments. Capfin also supports you in managing your loan repayments, leaving access to your loan account unrestricted. And makes sure everything is right with a free benefit in case of a death of a new or already registered customer.

How to apply for a Capfin Loan Application?

The following criteria are required for approval of a Capfin loan application:

• Possess a valid South African identity document.

• Have your last three bank statements or the last three pay slips / payslips as proof of income

• Have a valid cell phone number

• Be in permanent employment, proving to have a monthly salary

• Have a valid South African bank account

• Be over eighteen years of age

After all these criteria have been met, Capfin will make an accurate analysis of all your financial matters and set an amount that can be lent to you, only then can the bank be sure that the loan selected is one you can afford. 

Once you have submitted all the necessary information and there are no pending items, you will need to select the loan application form.  There are 3 options for applying for a Capfin loan. All options are subject to a credit check and other financial observations by Capfin.

Capfin Online Loan Application

To apply online, you have to fill out the online application from the Capfin website

In the online application, you have to fill in the form on Capfin’s website

There, you enter your information according to what the boxes ask for, such as your South African identification number, email address, and phone number

First of all, agree to the terms and conditions to proceed

After proceeding, your Capfin profile will be created. You will need to go to the login screen using your South Africa ID number and a One-Time-Pin (OTP) sent via SMS to your cell phone.

Once inside, you need to follow the instructions to apply

Capfin Loan Application via Mobile Phone Number

You can also easily submit your Capfin loan application via cell phone number. To do this, you need to send a short message with your South African ID number to 33005. Note that standard SMS charges/fees apply. A loan request form will then be returned to you.

Once logged in, follow the instructions outlined on the website for applying for the Capfin loan by mobile number. One of the options is also to apply for a loan by cell phone, simply send a message by entering your South African ID number to 33005. Sending the message via SMS may incur fees. Once sent, within a few minutes a loan application form will be forwarded to you.

Capfin loan calculator

The Capfin calculator is also a great option for analyzing loan options and calculating the installments that will be charged monthly, showing values according to the terms, varying if you are close to the 6 or 12 month term limits. It also clarifies all the interest and monthly fees related to the loan service so that you are not mistaken about the amount you will have to repay.

Visit any Ackermans or WBS stores up to points nationwide

Once your documents are processed by Capfin a loan amount available to you will be announced based on your own information. If you agree on the loan amount that qualifies for your profile, you need to speak to notify Captin to finalize the loan agreement process.

Using One-Time-Pin (OTP) Capfin’s online loan application system enhances your security by leaving your profile with limited access. Access will become exclusive as you will need your South African ID number and OTP, which will be forwarded to your cell phone via SMS with every login attempt to your profile on the Capfin portal.

How long does it take for Capfin to approve a loan?

There is no set waiting period for the approval of your loan, but you can contact the customer service on 087 354 0000 to check the status of the Capfin online loan approval. After approval the deadline for receiving the loan in the formed bank account is 2 working days.

How to check the balance of Capfin online?

The facility to check the balance of Capfin loan online is the same as applying for the loan. Firstly, after all the steps of profile creation and positive assessment by the lender according to your financial condition. Once all these steps are completed, you will be required to confirm the loan balance eventually, for this you need to:

• Access your Capfin profile using your South African ID number 

• Check your current loan balance using the appropriate function on the platform

Once your loan is in progress, you are able to use the Capfin account to always check your daily or unpaid balance. 

How to log into the Capfin Loan account?

Step-by-step to log into your Capfin account:

1. Go to https://www.capfin.co.za
2. Click the Login button in the upper right corner of the screen.
3. Enter your SA ID number.
4. You will then be sent an OTP code for the cell phone number you entered on enrollment.
5. Enter the OTP code entered on the cell phone and you will then be logged into your account.

Capfin contact details

There are several channels for contacting Capfin’s customer service, which are:

Phone: 087 354 0000

SMS: Send the word “HELP” to 43679 (sms charged at standard rates)

USSD: *120*5566#

E-mail: [email protected]

FAX: 086 688 0000

Capfin Physical address:

Capfin SA, 1 Industrie Street Kuils River, 7580, Cape Town, South Africa.

If you prefer, you can submit an online form on the Capfin portal to speak with the lender.

Fraud report email: [email protected]
Fraud report phone number: 0873540033

With full transparency and easy accessibility and application mode, the Capflin loan does not bring difficulties since helping you with your financial situation and in not omitting information so that you have a smooth process with your lender. Also, voiding any residual loan amount in the event of a fatality of the holder having to pass it on to someone else. These benefits are without a doubt a huge differentiator of the entire approval process provided by Capfin.

Click the button below and discover the best credit card options in your region. A variety of options for you to find the best credit on the market, the best opportunities and what best fits your income! Click now and learn more.