Tracking your Capfin Loan Balance is very easy, and you can comfortably monitor your loan balance either online or through USSD. Determine how much remains to be paid and what you have already covered. Simply dial *134*6454# at no charge from your mobile phone to handle your account. This enables you to effortlessly update your details, review your statements, or examine your account history.
About Capfin Loan Services
Recognized as one of South Africa’s premier and licensed loan providers, Capfin Loan delivers a multitude of financial and credit solutions to diverse clients. They offer various loan facilities, encompassing long-term personal loans and short-term financial aids. The best part? You don’t need to wait for the official loan registration window; apply for the loan you want anytime throughout the year.
Many South African residents prefer Capfin loans for financial aid. Capfin’s assistance in times of need has endeared them to hundreds, establishing their reputation as a reliable support system.
How you can check your Capfin Loan Balance online
To keep track of your loan amount after securing a Capfin Loan, follow these steps:
- Visit the official Capfin Loans website.
- Click “Login” found at the top right corner of the screen.
- Enter your South African ID number and passcode, and press enter.
- An OTP code will be sent to your personal mobile number. Enter this code as prompted.
- Successful login provides your loan amount’s available balance along with other details.
Remember, online checks are advantageous as they save time and cost compared to visiting their office.
How you will know if you eligible for a Capfin Loan?
To be eligible for a loan from Capfin, you must meet the following requirements:
- Possess a valid SA ID.
- Provide either your 3 most recent payslips or your 3 latest bank statements.
- Be in permanent employment, earning a monthly salary.
- Have a valid cellphone number.
- Maintain a valid SA bank account with one of the banks that Capfin supports.
- Be at least 18 years of age.
How much money can I borrow through Capfin?
Capfin provides loans that are both affordable and simple to manage, allowing you to borrow up to R50,000 with the choice of a 6 or 12-month repayment period.
How long does Capfin take to pay the loan?
Once approved, your loan from Capfin will be transferred to your chosen bank account within 48 business hours.
Additional Information about Capfin Loans
- Interest rates: A fixed monthly interest rate of 3%, equivalent to 36% annually.
- Repayment terms: Between 6 and 24 months, based on the loan amount.
- Late fees: Missing a payment incurs a late fee of R50.
- Early repayment: Repay your loan early without penalties.
Conclusion
Checking your Capfin loan statement is integral to managing your payments and account monitoring. Follow the process highlighted above to easily access your loan statement and view your transaction history. Familiarizing yourself with the key aspects of your Capfin loan, like interest rates, repayment terms, and late fees, equips you to handle your loan more proficiently.
