You can use Capitec loan calculator for better interest rates on your Capitec personal loan application. In this guide, we are going to tell you more about Capitec loan repayment calculator. Then again, we will show you how to use Capitec loan calculator.
About Capitec Loan
Capitec was founded on 1st March, 2001. Capitec is a well-known digital bank in South Africa with approximately more than 17.9 million clients as well as 6.9 digital banking clients. Capitec has approximately not less 853 branches.
Using Capitec, you can transact, save and get access to credit using remote banking. With this, you are in control of your money and also, it saves you some time because you can bank anywhere, anytime using Capitec’s cellphone app, internet banking or USSD (*120*3279#).
About Capitec Loan Repayment Calculator
You can use Capitec Loan Repayment calculator to forecast your monthly installments and affordability assessments.
The Capitec Loan repayment calculator gives you the opportunity to change the interest rate on your loan however you wanted. Meaning, with Capitec Loan Repayment Calculator, you can simply customise the value to best suit what you want.
The case is different when you proceed with your Capitec loan application. Each or individual loans are treated differently and the appropriate amounts are given to the deserving customer.
Capitec will give you a personalised interest rate with respect to your credit ratings and expenses. All the required checks on your credit background will be performed by Capitec. Should in case you don’t qualify for the amount you need, Capitec will present you an offer that you will be able to pay without any hurdle.
How To Use Capitec Loan Calculator
There are five simple steps you need to follow and these are:
- Choose the Credit Calculator using the link here.
- Input your desired amount
- Input repayment terms
- Input a suitable interest rate
- Click on Apply Now to see your estimated monthly installment
How To Open A Capitec Account
It’s not a mandatory to visit a Capitec branch in order to open an account with them.
But then, all you need to do is to download the Capitec’s app, take some few selfies, input your SA ID number and then your card will be delivered to you within a short time.
Steps For Opening A Capitec Account
- Using your Android or iOS app store, download the Capitec app
- Input your SA ID number
- Take Some Few Selfies
- Input Your Personal Details