Kick-start your success with credit from Capitec
Making the decision to further your education and invest in yourself is exciting! Whether it's a brand-new journey or just a new chapter for you – it's the start of something great and a chance to build your personal brand. Studying can be expensive though, and while your determination to grow might be there, the funds to realise your dreams may not.
To help with this, Milpark Education is offering a payment solution through Capitec. Because when it comes to your education and securing your future, you shouldn't have to worry about how you're going to pay for it.
How does it work?
Capitec is offering you a better credit solution for needs that will improve your life, like education. They do this by giving you a discounted interest rate on a loan, that is based on your personal profile and need. So whether your chosen field of study is science and technology, arts and design, commerce, law or education-related and your learning preference is contact or distance learning – you can apply online for credit in minutes. If you qualify and your credit is approved, the money will be paid directly to the educational institution on your behalf.
What are the benefits?
- Enjoy a discounted, fixed interest rate for the term of your loan
- Get up to R250 000 over 84 months
- Save time, no need to visit a branch
- Apply online and get your offer within 5 minutes
- No long waiting periods, payout within 24 – 48 hours
- No further payments need to be made, the credit is paid directly to the educational institution for you
What is needed to apply?
A standard invoice or quote from the educational institution, not older than 30 days
The applicant's valid South African ID document/smart ID card (must be 18 years or older)
The applicant's latest 3 consecutive salary slips
Bank statement showing the applicant's latest 3 consecutive salary deposits (only if the salary is not paid into a Capitec account)
No proof of residential address is needed; but the applicant may be asked to provide supporting documents to complete the application
For more info, read the Capitec credit for education FAQs or call Capitec on 0860 66 77 89, Monday to Friday, 8am – 6pm and Saturday 8am – 1pm.
Capitec Bank is an authorised financial services provider (FSP 46669) and registered credit provider (NCRCP13).
10 May 2021