Go Direct

Personal Loans

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Looking for extra finance?

When you’re ready to improve your life and you just need money to get you started –we’re ready for you: with direct access to cash when you want it.

Go direct for up to R150 000.

  • It is quick and straightforward to apply through our online application.
  • A loan of your choice from R5 000 up to R150 000
  • Repayment terms from 24 months up to 6 years
  • Guaranteed fixed repayments for your full loan term
  • Money to use as you choose
  • No face-to-face interviews
  • No penalties for early settlement
  • A financial company with an excellent reputation

What will you need to apply for a loan?

  • A good credit record
  • A regular monthly income of at least R5 000
  • The details of your bank account into which your salary is paid

You’ll need to upload the following documents when you apply online:

  • A clear copy of your South African ID
  • A recent document confirming your residential address
  • Your last 3 months’ payslips or bank statements (with your salary clearly highlighted)

What do you get with a DirectAxis Personal Loan?

When you take out a loan with DirectAxis you’ll deal with an authorised Financial Services Provider, with many years of financial services experience in South Africa. We support responsible lending, so if your application is approved, you’ll only be approved for an amount that you can afford comfortably. We’ll do our utmost to give you the best offer that we possibly can.

Because DirectAxis Personal Loans are unsecured this means that we won’t ask you to use your car, home or any other asset as collateral. To apply for a loan is quick and you can also use your loan for anything you want.

For your security and peace of mind, all our loans are subject to the National Credit Act of 2005. Keep in mind, we consider all loan applications and every application is subject to credit approval.

Your loan will include a Personal Protection Plan, which settles your outstanding balance in the event of your death or permanent disability. This plan also offers some cover for temporary disability and retrenchment – and the level of your cover will be based on your risk profile. You can substitute the Personal Protection Plan with a policy of your choice, provided the cover offered is equivalent.

DirectAxis administers loans for FirstRand Bank Limited, an authorised Financial Services and Credit Provider, and has been providing loans to South Africans for over 20 years.

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24%

of customers use loans for consolidation

24%

of customers use loans for renovations

12%

of customers use loans for education

Our Sponsorships

Read more about how we support grassroots Rugby through our Currie Cup Sponsorship.

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Job Opportunities

Thinking of working for DirectAxis? Why not explore what it means to work at DirectAxis.

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Customer Care

We pride ourselves on delivering the best possible customer service. Get in touch today.

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Your direct connection to Financial Services. Direct Axis SA (Pty) Ltd (Registration no 1995/006077/07) is an authorised Financial Services Provider (FSP 5 and FSP 7249) © Copyright 2017
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Loan repayment terms range from 24 to 72 months. The maximum interest rate with regards to a DirectAxis Personal Loan is 27.75% per annum (compounded monthly). Your rate and initiation fee will be determined according to your personal risk profile.
An illustrative example of a loan at an interest rate of 27.75% per annum would be: Loan amount R50 000 plus a once-off initiation fee of R1 197.00 and a monthly admin fee of R68.40, over 72 months.
The total cost of the loan will be R 110 529.68 which is an Annual Percentage Rate (APR) of 30.95%.