HM
Hlengiwe M

1 reviews | Active since Apr 2014

09 Nov 2020, 10:36

Poor Service at Capitec Bank Claim Department

My name is Hlengiwe Mudzudzanyi, I'd No ***.I have personal loan at Capitec Bank I have claimed for retrenchment insurance on the 6 October 2020 submitted the required documents at capitec branch which I never received any respond on my claim till to date. I was retrenched on the 16th September 2020. I called *** spoke to Simmone who told me that the claim to be approved is between 3 months to 7 months. Which is madness where will I get the money to pay for the account. They have been deducting from end of Sept and October which I want my refund back. She said I will not be getting my refund. Incident date is 16 September 2020. Any amount deducted after that date must be refunded to me according to credit Insurance law. I am very angry at capitec. Reference for the call is ***2

0
Replies (2)
Capitec Bank
Capitec Bank's reply09 Nov 2020, 12:28
Official
I acknowledge your posting, and have referred it to Complaint Management for immediate attention.

Feedback will be provided within five working days.  I trust that this situation will be resolved to your satisfaction.

Kind regards
Capitec Bank

HM
Hlengiwe M's update13 Nov 2020, 11:10
Reviewer Update
I have received my refund today , thank you Capitec bank and they said my personal loan account will be settled in 60 business days.