Why apply for a personal loan with DirectAxis?
- It is quick and straightforward to apply through our online application.
- Your repayments are fixed at our current interest rate for the full term of your loan. They never go up – no matter how much interest rates do.
- Repayments are over a term from 24 months up to 6 years.
- Your money could be in your bank account within 48 hours.
Online Loan Application
Whether you have long or short-term goals, consider the ways in which a personal loan could help you. You can use a personal loan of up to R150 000 for anything you want.
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.