A debit order for monthly installments for the loan from GP Bank , R2000 and R200 interest is included in the amount. Interest on the loan is capitalized? is this an expense or not?

Yes, the interest on the loan is considered an expense. Since the interest is being capitalized, it means that it is being added to the loan balance and will be paid off over time along with the principal amount. This means that the total amount being debited from your account each month includes both the principal loan amount and the interest expense.