Capitec Bank – CTM Building Material Loan gives you the possibilities to renovate your how with CTM building material, we all know that cost of living in South Africa is making many people find it hard to save money and saving money for a project that’s big as building a house can be challenging for many people, but Capitec and CTM have come up with the Building Material Loan that’s made to assist people who want to finance their home building project.
With the Capitec and CTM Building Material Loan you get credit finance that’s enough to transform your home, buy a new house or accomplish an outstanding/delayed home project. Capitec and CTM home finance offers a loan amount up to a maximum of R500 000 and the repayment term ranges up to 84 months and that is determined by your affordability, credit history and income.
Requirements and Documents for Capitec and CTM Building Material Loan
The following requirements and documents are compulsory when applying for the loan online or in-store.
- South African ID
- 18 years or older
- Employed or Self Employed
- Recent 3 months Payslips
How to Apply for Capitec and CTM Building Material Loan
Applying for the Capitec and CTM home finance loan is quick and it will definitely be a breeze if you have all the documents and you meet requirements.
- Apply for your loan online using CTM or Capitec website
- Apply at a Capitec branch or scan the QR Code at a CTM store
- Both platforms will require you to complete the 3 simple steps:
- Explain why you need a home improvement loan
- Provide your personal information
- Confirmation of your identity will be required to know that it’s really you
If you qualify for the loan you will get a call from Capitec in 2 days to finish your home finance application.
When Will you Get your Loan
Your loan payment will be determined by the credit solution you applied for irrespective of your loan amount. If you choose an access facility loan your money will be immediately paid and if you choose a purpose credit loan your money will be paid after you approve the debit order to your bank.
Capitec and CTM Material Loan Contact Details
If you want to contact Capitec or CTM regarding the home finance loan you can simply use the following details:
- Capitec Cell Number: 0860 888 840
- CTM Cell Number: 0100 039 987
