Do you need a loan but are sceptical because your only source of income is an SASSA Social grant,? There is no need to worry, a Capfin SASSA Loan can help you get the credit you want easily and hassle-free.
With a Capfin SASSA Loan, you can borrow a loan amount of up to R50 000 and the repayment term ranges from 6 months to 12 months, the Capfin Loan is available for people who are employed and for SASSA Social grant beneficiaries, unfortunately, Social Relief of Distress (SRD) grant beneficiaries are not eligible.
Capfin SASSA Loan Qualifying Criteria
The following are the requirements and documents required to qualify for the Capfin SASSA Loan
- Must be a South African Citizen
- 18 years or older
- Have a valid bank account
- Proof of Income: Recent Payslip (required if employed) and Recent 3 months bank statement (required for employed individuals and SASSA grant beneficiaries)
- Contact details: Phone number and Email Address
- Proof of residence: Utility bill
How to Apply for Capfin SASSA Loan
Capfin has many platforms you can use to apply for their loan and they are as follows
- You can apply using the Capfin website
- You can apply using your phone just SMS, 33005.
- You can also visit your nearest PEP or Ackermans store if you prefer applying in person.
If you have all the documents and meet the requirements mentioned above you can easily qualify for the Capfin SASSA Loan and Capfin only takes a couple of minutes to give you your application outcome and if you are approved your money will be sent to your bank account in 2 days (48 hours).
Benefits and Offers
- Borrow up to R50 000
- Transparent no hidden fees, and you know exactly how much you are going to repay before applying
- Flexible repayment term
- Credit Insurance
- Minimum documents required
- No paperwork
- Blacklisted Individuals can qualify
Contact Details
You can get in touch with Capfin to enquire about more information regarding their loans you can use the following details
- Telephone: 087 354 0000
- Email: info@capfin.co.za
- WhatsApp: 066 000 0683
- FAX: 086 688 0000
- USSD Code: *134*6454#
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If I get 1600 on sasa how much can capfin loan me for 12 months