Capitec prides itself as one of the biggest banks in South Africa, boasting of having more than 15 million customers. It also prides itself as a bank that is always willing to come to its customer’s aid. That is why it has various loan facilities for different things such as temporary loans, home loans, and new facility loans. One of the main requirements to access any such Capitec loan is to present one’s payslip. This has raised the question among self-employed individuals and business people on how they can get such loans since they do not necessarily have a payslip.
Interestingly, whether one has a payslip or not, one can still get a loan from Capitec bank, although the application process and requirements may vary. More so, there are conditions that one must meet before one will be allowed to get a loan from the bank without a payslip.