Loans (SA)
How to apply for the DirectAxis Personal Loan?
If you need to get access to funds quickly, take a look at how easy it is to apply for a DirectAxis Personal Loan. Borrow up to R150,000 with terms varying from 24 to 72 months.
by Aline Augusto
Apply for a DirectAxis Personal Loan: borrow up to R150,000 with flexible repayments
You can borrow up to R150,000 within 48 hours through straightforward channels. That’s how to apply for a DirectAxis Personal Loan.
In summary, you can access the official website or use the call center to get the money you need for whatever particular reason you might have.
Basically, this loan provider gathers valuable benefits for borrowers, including:
- Reliable and well-recognized services;
- Flexible terms varying from 24 to 72 months;
- Good amounts of up to R150,000;
- Fixed rates based on creditworthiness and the current prime rate;
- Personal Protection Plan in case something unfortunate happens;
- Online and simple application;
- Fast feedback and funding, in which you can get the deposit within 48 hours of approval.
However, it is important to be attentive to the requirements as follows:
- You need a good credit record;
- You must earn at least R5,000 as a monthly income.
In addition, learn the documents you need to provide to apply for a DirectAxis Personal Loan right below!
Online Application Process
DirectAxis requires a copy of your South African ID, a recent document to prove your residential address, and recent proof of income.
Firstly, you can access the official website to apply online for a loan.
Or you can call the call centre from Monday to Sunday at 086 102 0304.
You will be redirected to another website
Application Process using the app
Unfortunately, there is no mobile app. But the online application or apply by phone is pretty simple and quick.
DirectAxis Personal Loan vs. Capfin Personal Loan
DirectAxis Personal Loan is an excellent credit option for those who need up to R150,000 with flexible repayments.
As shown below, rates are fixed, and fees depend on your creditworthiness, which means you can access great conditions if you have good credit records.
On the other hand, if you need less amount of money, you can check out the Capfin Personal Loan to decide which fits your needs and goals better.
DirectAxis Personal Loan | Capfin Personal Loan | |
APR | Depends on your creditworthiness (maximum 28.25%) – rates are fixed | Fixed and calculated depending on creditworthiness, prime rate, among other factors |
Loan Purpose | Personal | Personal |
Loan Amounts | Up to R150,000 | Up to R50,000 |
Credit Needed | Good | Not disclosed |
Terms | From 24 to 72 months | Up to 12 months |
Origination Fee | Depends on your creditworthiness | Not disclosed |
Late Fee | Depends on your creditworthiness | Not disclosed |
Early Payoff Penalty | Not disclosed | Not disclosed |
So, if you decide to go with Capfin, learn how to apply for it and how to borrow up to R50,000 to repay within a year.
How to apply for the Capfin Personal Loan?
Read how to apply for a Capfin Personal Loan and get the money you need within 48 hours after approval. See how the online application works!
Aline Augusto
Aline Barbosa
Senior Editor
Trending Topics
How to use Natis Online?
Are you looking for ways to report traffic issues and book driving appointments? If so, read on to learn how to use Natis Online!
Keep ReadingHow to apply for the Standard Bank Titanium Credit Card?
Looking for a card with high rewards and that offers discounts? If so, read to learn how to apply for the Standard Bank Titanium Credit Card!
Keep ReadingThe Mister Finance recommendation – Disability Grant review
If you need ways to make ends meet but have a disability, you can try applying for the Disability Grant to get the help you need!
Keep ReadingYou may also like
Upgrade Rewards Checking review: A simple account for cash-back lovers!
Upgrade Rewards Checking is an account that offers valuable benefits for savvy customers. Read on to discover the features and insights of this offer, including its advantages and disadvantages.
Keep ReadingLearn to apply easily for the NetCredit Personal Loan
Find out how to apply for NetCredit Personal Loan! Enjoy up to $10,000 with fast funding. Keep reading and learn how!
Keep ReadingBankruptcy vs. consumer proposal: which is the best choice?
When you're struggling with debt, it can be hard to know your choices. Should you file for bankruptcy? Or try a consumer proposal? This article will break down the key differences between both options. You should have a better idea of which is the best for you by the end. So, keep reading to find out!
Keep Reading