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
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