Capitec Bank has always been the fastest-growing bank because of its lowest fees as compared to other banks. The bank now can offer products such as the new access facility, which will enable you to access affordable revolving credit whenever you need it.
Your credit profile will determine the amount you qualify for, which can be up to R250 000 revolving credit limit. You can settle the credit for up to 60 months. The access facility gives you more control, as you can decide when you need the money and what to use it for, it’s your money. You can choose a monthly repayment amount or any period that you are comfortable with – and should your financial situation change, you can change your repayment amount or period at any time.
With the access facility, you can access your available balance whenever you want. The access facility is a pay-as-you-use service, there are no initiation fees, interest fees, or monthly fees if you don’t use it.
You are in full control. You can apply for the product in your nearest branch. The amount that you repay will be available again, cause it revolves. You can access your balances using the Capitec app, or by simply dialing *120*3279#.
How to apply and the documents needed
You can apply online using the link: (https://vbank.capitecbank.co.za/Web#/credit-application-information) or the Capitec banking app, Alternatively, you can visit your nearest branch.
The documents that will be need includes your original identity document, and you must 18 years or older.
The latest pay slip is need as proof that you are employed
3 months bank statement reflecting your latest 3 salary deposits into an account in your name.
for more information visit: https://www.capitecbank.co.za/global-one/credit/access-facility/