You will now be able to apply for a home loan through Capitec Bank.
Capitec is the biggest bank by customers, but until now it hasn’t offered secured lending to finance home purchases.
The bank launched a ‘purpose lending’ option to finance cars earlier this year.
In its partnership with SA Homeloans, the bank is offering interest rates from 6 percent, one percentage point below prime.
In other news – The Queen Mzansi actor Rapulana Seiphemo turns 53
Today marks the 53rd birthday of award-winning South African actor Rapulana Seiphemo.
Despite all the drama that has surrounded his name in recent weeks, today we celebrate his talent and contribution to the South African television and film industry. Learn more