Direct Axis is an authorised financial services provider offering individuals in need of finance two loan options. These loans are designed to simplify the loan process and to give clients easy access to the finance they may need to meet their financial needs or goals.
Why choose Direct Axis?
- This institution is NCA-compliant, so all processes are transparent and regulated.
- There are no face-to-face interviews
- There is fast application and speedy processing
Direct Axis Personal Loan:
You can get up to R100 000 on this option. The loan is unsecured so there is no need for collateral. Repayments are flexible, offered at 2 to 6 years. The minimum amount you can get with this amount is R4000 and loans are granted in increments of R1000. Once you qualify, the loan is deposited directly into your bank account. You can use the loan for home renovations, to pay for your child’s education, to consolidate your retail accounts etc.
Direct Personal Loan:
With this offer, you can get up to R150 000 in finance. Loans are offered at fixed interest rates, so instalments are never affected by fluctuations in the prime interest rate. The least amount you can get with this loan is R50 000 and it is secured against your home. You get 4 to 10 years to repay this loan. Once you are approved, a portion of the loan is paid into your account directly and the balance could be within 2 months.
All Direct Axis loans include a Personal Protection Plan, which covers your debt in the event of death, permanent disability or certain dread diseases. Limited cover is provided for temporary disability or retrenchment.
Final loan amounts are dependent on individual financial profiles and are subject to credit approval.
To qualify:
- Have clear credit
- Earn a regular minimum monthly income of R3000 for Direct Axis Personal Loans
- Earn a regular minimum monthly income of R11 000 for Direct Plus Loans
- Have a valid SA ID
- Provide details of your bank account into which your salary is paid