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  • Vehicle Finance up to R250,000
  • Low-interest starting from 12.75%
  • Repayment up to 84 months

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Capitec homepage
Author Capitec. Screenshot of Capitec website.
[Accessed May 8, 2023]

About Capitec

On the 1st of March 2001, South Africans awoke to the opening of Capitec Bank. They operate as a retail bank offering a vast range of financial services and products suitable for individuals and businesses.

In August 2017, they were named the second largest retail bank in South Africa 120,000 new accounts opening per month.

An overview of Capitec Bank

Based on a report in 2015 by the Chief Financial Officer, Capitec boasted more than 6.2 million customers. Of these, 309,000 were using online banking and 3.5 million were mobile banking customers.

Capitec operates more than 500 retail branches nationwide and consists of 3,418 of their own and partnership ATMs. According to records, they employed more than 11,440 staff members across South Africa.

The Global One account

Capitec Bank offers its clients an all-in-one account known as the Global One account. This account acts as a credit and saving facility, and a transactional account.

A banking experience like no other

In 2015, according to the results of the South African Customer Satisfaction Index, Capitec took first place with 82.2 points. They were subsequently ranked by the International Banking Advisory Group, Lafferty, as the best bank in the world.

Low bank costs for everyone

In 2017, more than 5.5 million Capitec clients, which is the majority of clients, paid bank costs of less than R50 monthly.

Figures for February 2022

Capitec continued growing over the years and proudly announced the latest figures for the financial year end in February 2022. These showed significant growth with its active clients reaching 18 million.

They now proudly operate more than 853 branches nationwide with more than 14,029 employees. These numbers are a testament to the continuous strive they have to bring you innovative solutions to manage your money better.

Capitec Services

From reading the above-mentioned information, it goes without saying that Capitec’s mission is to provide the best customer service in the industry.

They work tirelessly to ensure that customer satisfaction is guaranteed.

Partnerships that work to your advantage

Capitec Bank has affiliated itself with various service providers in the industry. These affiliations include the education, medical, and vehicle sectors to bring you better rates and terms.

Vehicle finance in seconds

Vehicle finance from Capitec can give you access to a loan of up to R250,000 and a repayment term of up to 72 months. This finance option will see you enjoy a discounted interest rate from Prime.

Capitec’s affiliation with The Car Place and WeBuyCars will allow you to browse for your new set of wheels online. You’ll enjoy the convenience of applying for financing instantly when you’ve found the vehicle you want.

The affordability calculator that shows your borrowing power

With Capitec’s affordability calculator, you can determine how much vehicle finance you qualify for. Enter the desired loan amount, repayment term of choice, and interest rate into the relevant field, and this user-friendly tool will give you an instant estimate of what you can expect.

The Capitec finance showroom

When browsing Capitec’s vehicle finance affiliation pages, you’ll see a tab at the top right corner that reads, ‘Capitec finance showroom’. This option will give you access to all the vehicles in the showroom with the option of financing from Capitec.

You can apply for the funding you need directly from the vehicle advertisement. This option is applicable on both The Car Place and WeBuyCars websites. This is another innovative service that Capitec provides to make the process easier and more convenient.

Capitec – Vehicle Finance

  • Loan Type Vehicle Finance
  • Interest Rate from 12.75%
  • Loan Amount up to R250,000
  • Repayment 1 month to 84 months

Benefits of Capitec

  • Flexible repayment terms
  • Easy online application process
  • Affordable vehicle finance

Vehicle Finance calculator

The interest rate of a loan will vary based on your credit score and risk profile.
This vehicle finance calculator is for illustration purposes only.
The use of this loan calculator is subject to our terms of use.

How to access vehicle finance from Capitec

When applying for any kind of financing there are documents that are required for the completion of the loan application. These documents include:

  • The last three month’s payslips
  • Your South African ID/Smart card
  • Three month’s bank statements reflecting your salary

When you have these documents on hand, you’re ready to start searching for your new vehicle on the affiliate pages.

How the process works

  1. The first step to obtaining Capitec vehicle finance is to utilise the affordability calculator to get a clear picture of your borrowing power. You’ll indicate the desired loan amount and repayment term and the calculator will present you with an estimate.
  2. Once you know what you can borrow, you can start browsing the online showroom on the affiliate pages. Use the Capitec finance showroom for a smoother process.
  3. When you’ve found the vehicle of your choice, make sure to make a note of the reference number and click on the apply now button. This will direct you to the vehicle finance application page.
  4. The application page has three sections to complete. These are the vehicle finance section, personal information, and confirmation of your identity.
  5. As soon as you’ve completed the entire application form you can submit it with the documents required.
  6. A friendly, knowledgeable consultant will be in touch with you shortly to discuss the rest of the process with you.

Capitec can offer you more than just vehicle finance

When you choose to do your banking with Capitec, you can rest assured that all your financial needs are met. Whether you need financing for a vehicle, funds to renovate your home or just affordable day-to-day banking.

They work tirelessly to ensure your online safety with their banking app and offer you access to your hard-earned money anytime you need it. This ensures that you are always in control of what happens to your money.

Why you should partner with Capitec

  • Competitive interest rates
  • Innovative products and services
  • Outstanding customer service
  • Online application
  • Customer satisfaction guaranteed

Partner with a bank that works for you

Capitec rose from a humble beginning to a household brand in South Africa in record time. They make it their goal to make life easier. With a mission to bring you the most innovative and up-to-date products and services, they’ve become a fast favourite among South Africans.

You can enjoy world-class service and competitive interest rates if you choose to apply for vehicle finance from them.

man holding thumbs up

Capitec is a trusted & reliable provider of vehicle finance

In our review, Capitec adheres to the compliance criteria in accordance with the National Credit Act, where the granting the loan will not cause financial distress to the consumer.

✅ Capitec is a registered credit provider in South Africa: NCRCP 13

Capitec Contact

Contact Number


  • not available


Physical Address

  • Ottery Centre, New Ottery Rd, Ottery Cape Town Western Cape 7800 South Africa
  • Get Directions

Opening Hours

  • Monday 09:00 – 17:00
  • Tuesday 09:00 – 17:00
  • Wednesday 09:00 – 17:00
  • Thursday 09:00 – 17:00
  • Friday 09:00 – 17:00
  • Saturday 08:00 – 11:00
  • Sunday – Closed