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Capfin Loan Application: how to Access Capfin Loan

By Oluchukwu Ikemefuna

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In a recent article, we introduced Capfin Loan, discussing its application process, eligibility requirements, advantages, and disadvantages. You can find detailed information in that article here.

In this piece, we will focus solely on the loan application process. If the previous article was too lengthy for you, here’s a concise overview. However, I still recommend reading the full article for a comprehensive understanding of Capfin loans, especially if you plan to apply in the future.

Also read: Absa Personal Loan: How to Apply

What is Capfin?

CAPFIN, headquartered in the Northern Suburbs of the Western Cape, is a division of Century Capital (Pty) Ltd. It is also part of an international group with offices in Australia, the United Kingdom, and Mauritius.

As a registered South African credit provider, CAPFIN operates under Century Capital (Pty) Ltd, with a registration number NCRCP74 issued by the National Credit Regulator. Our operational head office is located in Kuils River, Cape Town. For more details on the South African National Credit Regular, please refer to their website. CAPFIN’s international presence extends to Australia, the United Kingdom, and Mauritius.

Accessing the Capfin Loan Application

To access the Capfin Loan application, visit the official website here. Upon reaching the website, you will need to provide your personal details, such as first name, surname, SA ID number, cellphone number, and email address. Additionally, you must check a box confirming your understanding and agreement to the loan application’s terms and conditions.

After completing these steps, obtaining a loan depends on Capfin assessing your credit score to determine the suitable loan amount based on your creditworthiness.

Also read: South Africa’s Procera Receives $18.8 million in Funding from Vantage Capital

Capfin Loan Interest Rates

Capfin loans offer affordable and easy-to-manage options, with loan amounts of up to R50,000 and repayment terms of 6 or 12 months. They prioritize transparency, ensuring no hidden costs, and provide access to your loan account at any time for easy management. Their affordability assessment process is customer-centric, which is a key selling point.

Here’s an example of loan repayments:

Repayment PeriodLoan AmountMax Interest RateInitiation FeeMax Monthly Service FeeMonthly Capfin Credit LifeMax Monthly InstalmentMax Total Loan Repayment
6 MonthsR40005.0% pmR535R69R15R953R5715
12 MonthsR400029.25% paR535R69R14R517R6209

All figures include VAT at the prescribed rate.
This example is based on the first Capfin loan in the calendar year and the prime interest rate at the time of publishing (May 2023).

Tracking your Capfin Loan Application Status

Tracking your loan application status with Capfin is as simple as the application process itself. Capfin ensures a seamless experience from application to disbursement, minimizing stress for applicants.

Confirmation Email or SMS

After submitting your loan application to Capfin, one of the initial signs of approval is receiving a confirmation email or SMS. This communication confirms receipt of your application and indicates that it is under review. Pay close attention to your email inbox and phone messages to stay updated.

Verification Process

Regarding the verification process, Capfin may contact you for additional verification after receiving your application. This typically involves providing documents or information to verify your identity, income, and financial situation. Respond promptly to these requests to speed up the verification process.

Review all communication carefully during this stage, as Capfin may specify certain documents, like bank statements or proof of address, which must be submitted within a given timeframe. Timely submission increases the chances of approval.

Approval Notification

Once your loan is approved, you’ll receive an official notification from Capfin via email, SMS, or a phone call. This notification confirms approval, provides details about the approved amount and repayment terms.

Upon receiving the approval notification, you can proceed to finalize the loan agreement and access the funds. Congratulations on your approved Capfin loan!

Also read: Finchoice Loan Application Online: how to Apply

Frequently Asked Questions about Capfin Loans

What is Capfin?
  • Capfin is a division of Century Capital (Pty) Ltd, offering affordable and easy-to-manage loans with transparent terms and no hidden costs.
What are the loan amounts and repayment terms offered by Capfin?
  • Capfin provides loans of up to R50,000 with repayment terms of 6 or 12 months.
How can I apply for a Capfin loan?
What happens after I submit my loan application?
  • After submitting your application, you will receive a confirmation email or SMS from Capfin, indicating that your application is under review.
What is the verification process for a Capfin loan?
  • Capfin may reach out to you for additional verification, which typically involves providing documents to confirm your identity, income, and financial situation.
How will I know if my Capfin loan is approved?
  • You will receive an official approval notification from Capfin via email, SMS, or a phone call, confirming the approved amount and repayment terms.
Can I track the status of my Capfin loan application?
  • Yes, you can track the status of your application by monitoring your email inbox and phone messages for updates from Capfin.
What are the next steps after my Capfin loan is approved?
  • Once your loan is approved, you can proceed to finalize the loan agreement and access the funds for your financial needs.


In conclusion, Capfin offers a straightforward and transparent loan application process, ensuring that customers can access affordable loans with ease.

From understanding the application requirements to tracking the status of your loan, Capfin strives to make the entire process hassle-free. By prioritizing customer satisfaction and providing clear communication throughout, Capfin stands out as a reliable option for individuals seeking financial assistance.

Whether you need funds for personal expenses or business endeavors, Capfin’s commitment to transparency, affordability, and efficient service makes them a trusted choice in the lending industry.

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Christian Maximilian
Christian Maximilian

I am a Software Engineer, technical writer, and overall tech enthusiast. For me, utilizing my skills as a Software Engineer to perform Technical Search Engine Optimization is not just a job, but something I gladly incorporate into my pastimes as well, and I have been doing this for over 3 years.

When I'm not coding or writing technical documentation, I enjoy listening to music and exploring new genres.

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