Find the best loan of South Africa

Compare the best loans of South Africa and find the lowest rate

Can I Get a Loan up to R 50,000 in South Arica? Contact Information, Requirements and Instalments.

     If you need money to buy a car, to travel to that place you long so much or to redecorate your house, you are probably looking for the right entity for you. In the present article you’ll find the information you need to apply for a loan in South Africa. I’ll refer to Capfin, which offers cash loans up to R 50,000 in a simple and fast way. You can also find its requirements, instalmentsinformation and contact details.

    I’ll begin by showing you the most important information you should know about Capfin in the next chart. Then, I’ll go on expanding on the specific details.


Last payslip, recent bank statements and SA I.D. 

Interest Rate

Fixed, according to your loan.


R 1,000 – R 50,000


1 Industrie Street, Kulis River. Cape Town.

Email Address

Telephone Number

087 354 0000

Working Hours

Mon - Fri from 8:00 to 17:00

Capfin Quotes

    This entity’s range of quotes goes from a minimum of R 1,000 up to a maximum of R 50,000 and you have three different options for the instalments: you are allowed to choose 6, 12 or 24 months to repay the cash loan. The sum of money you may qualify for will depend on your credit profile and on your consistency to pay previous instalments in the past.

    They allow you to use an online calculator for you to analyse the possible terms of your loan before applying for it. These terms refer to the quote, instalments period, interest and fees you may have to pay. This is a really practical tool that will help you organize your expenditures avoiding entering a contract you may find difficult to cancel. You shouldn’t leave this detail away as we know any failure to cancel the debt will produce negative outcomes for future loans.

    For example, if you need to borrow R 50,000 you’ll see through the online calculator you can only choose between a 12 or 24 months repayment period. You’ll have to decide if you prefer to pay more every month with less number of instalments having a lower total cost of the loan. Or, if you rather go for a lower monthly instalment for more time but having a higher total cost. This decision will basically depend on your financial situation. 

    Trough the calculator you’ll be shown an estimate of the sum of money you’ll borrow, the interest and fees you’d have to pay, the amount of the monthly payments and the total cost of the loan. So wait no longer, go ahead and try the calculator to find out what are your options. Please, keep in mind this information would be only an approximation. Over the application procedure you’ll be informed about the real cost.

Find the best loan of South Africa

How does Capfin work?

    Capfin’s aim is to provide their clients with the comfort of obtaining a cash loan in the simplest way possible. They want their clients to avoid wasting time on bank queues and endless paperwork, so they ask few requirements and the process is really easy. Also, they have PEP and Ackermans as partners assuring clients they work with reliable and recognized retailers. Besides, clients can take advantage of the many stores they have around South Africa. They benefit from the shorter queues, friendly assistance, greater working hours and, of course, not having to go to a bank to ask for a loan.

How can I apply?                                                                        

    Now, let’s expand on the steps you need to follow in order to apply:

* One, let’s remember the requirements. They are very simple: you only need a valid South African I.D., your latest bank statements and your newest pays lip. Remember you should also be currently employed

* Two, you need to try the online calculator in order to have an approximated idea of the cost of the loan.

* Three, direct to one of PEP or Ackermans store taking the documents I mentioned before - remember this is mandatory for new applicants only, if you have already worked with Capfin you can apply online-.

* Four, you have to scan these documents at the till point.

* Five, expect a phone call from Capfin to finish the application. Then, they’ll assist you on the cash loan you requested and you’ll come to an agreement on the terms for a loan you can afford.

* Six, receive the confirmation of the approval for your cash loan.

* Seven, get the money through your bank account within 48 hours after it’s been approved

* Eight, use the money as you had planned to.

* Nine, cancel the monthly instalments until you pay off the entire debt.

Capfin Contact Details

    If you decide to work with Capfin, pay attention to the next information as I’ll tell you the many ways you have to contact them.

    Caprfin is located in Cape Town, South Africa. The address is 1 Industrie Street, Kuils River. But, remember that as I’ve already said you should go to one of the PEP or Ackermans stores in order to apply. As they have over 2700 stores, I’m sure you’ll have no problem finding one of them close to your house.

    You can reach them by phone at the number 087 354 0000 or by email to

    They also offer a special service that makes the process a lot easier. It’s called CapfinDirect and you can send them a message via USSD to ask for a settlement quote, check your balance, update your personal information and, in the case of existing customers applying for a loan. You have two options: whether you send it to *120*556# or, you have the number *134*6454# if you’re an existing customer.

    Now that you have the information you need don’t doubt on getting in touch with Capfin. They have more than 900 experts willing to guide you through your application. Bear in mind they are opened from 8 a.m. to 5 p.m. from Mondays to Fridays but, they close on weekdays and public holidays.


Leave your questions or comments


Questions and Answers

How can I contact them?
You can try calling them to 087 354 0000 or sending them an email to
Can I apply for R 10,000?
Of course! As long as you comply with the requirements you can apply.
Should I go to a PEP or Ackermans store to apply?
Both of them are available to recieve your documents.

Leave your rating about Can I Get a Loan up to R 50,000 in South Arica? Contact Information, Requirements and Instalments.

(4,33) / 3 Ratings

Rating: 5
Comment: Friendly representatives!
Rating: 4
Comment: CapfinDirect service is really useful!
Rating: 4
Comment: Capfin has many benefits!

Find the best loan of South Africa