Image Source<\/a><\/figcaption><\/figure>\nOne of the first things that Capitec requires from customers who are looking for a loan is to provide a payslip showing at least the last three salary payments you have received and your most recent pay. This is important to show that you will be able to repay the particular loan you are requesting from the bank.<\/p>\n
However, in a situation in which you do not work or have a payslip to present, you will still be able to apply for a loan and get it, but that is on the condition that you still have a means of income that will allow you clear off the requested loan when it is required; i.e., from a business, you own or are a part of.<\/p>\n
You will have to show that you have a business and you are making an income from there. More than that, you will also need to show that the company has been duly registered. If it is not well registered or does not have a business to present to the bank, you must have a payslip. Without exception, if you do not have either of the aforementioned, your loan request will not be processed by the bank.\u00a0What this means is that the bank provides money for businesses, but it does not finance businesses.<\/p>\n
Here Are Processes To Follow If You Don’t Have A Payslip<\/strong><\/h2>\nIt is important, before anything else, to realize that the process of applying for a Capitec loan with or without a payslip is very much similar, except for the differences in a few documents. You will be required to apply for a loan as a business owner and not in the same manner as everyone else.<\/p>\n
Here are the steps to follow:<\/strong><\/p>\n