How Do I Know If My Capfin Loan Is Approved

Waiting to hear about your Capfin loan application can be nerve-wracking. Luckily, Capfin offers two convenient ways to check its status. Knowing whether you have been assisted or not will help you make decisions if you still need to look elsewhere for a personal loan.

HOW DO I KNOW IF MY CAPFIN LOAN IS APPROVED – A COMPREHENSIVE GUIDE

1. Call the Capfin Contact Centre:

  • This is the most straightforward approach and allows you to speak directly with a Capfin representative.
  • Dial 087 354 0000 and follow the prompts to reach a consultant.
  • Be prepared to provide your ID number and reference number (if available) to expedite the process.
  • The representative will confirm your application status and answer any questions you may have.

2. Use the Capfin USSD Code:

This method allows you to check your application status instantly using your mobile phone.

  • Dial *1346454# from your registered cellphone number.
  • Follow the on-screen prompts.
  • You’ll receive a response indicating your application status, including whether it’s approved or still under review.

Additional Points to Remember:

  • It typically takes 48 business hours for Capfin to process a loan application after receiving your bank’s approval for the debit order mandate.
  • If your application requires further information, Capfin will contact you directly.
  • Remember to be patient during the processing period and avoid making multiple inquiries.

By following these steps, you can efficiently check the status of your Capfin loan application and gain peace of mind while waiting for a decision.

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