What Are DirectAxis Loans? How To Get Them?

DirectAxis makes access to cash assistance of up to R 300,000 in the form of a personal loan easy and secure via online application platform. With fixed interest rate you can get the loan with a repayment time of upto 6 years making DirectAxis one of the best accessible and reliable money lending companies. Here in this article we will look at the details about DirectAxis, how you can apply for the loan, what you need and the relevant information about it.

What Are DirectAxis Loans? How To Get Them?

With DirectAxis an individual can get access to a maximum of R 300,000 with a repayment time between 24 months to 6 years with quick approval and pay out made within 48 hours. DirectAxis ensures to deliver the best money lending service all across South Africa. 

DirectAxis has been working in the field of financial services since 1995 and is known to be one of the largest and reputable financial institutions providing not only money lending services but also insurance services and other financial health tools. The company is also involved in delivering management and administration services to WesBank loans and is a member of the Direct Marketing Association. 

You can get the loan amount of between R 5000 to 300,000 with the maximum interest rate of 29.25% per annum. The free, easy to access and secure application platform helps you initiate the application procedure easily and quickly. 

You can rely on DirectAxis as the company has been serving for more than 20 years now and has got numerous positive reviews from its customers. Let’s talk about the eligibility requirement first that you need to fulfil before initiating the application procedure.

Eligibility Requirement

Here are certain eligibility requirements that you must fulfil before initiating with the application procedure. You have to make sure to meet the eligibility criteria beforehand to maximise the chances of application approval and get access to the loan amount smoothly. In order to apply for DirectAxis loan,

• You must have a good credit record. 
• You should also have a South African ID document. 
• You should also have a valid bank account registered on your name where you receive your salary. 
• You also have to make sure that you earn a minimum of R 5000 per month.

How to Apply? Application Procedure 

If you think you fulfil the eligibility requirements for DirectAxis loan here is how now you can apply for the loans. Make sure to pay attention to the step by step procedure mentioned below so that you can understand exactly what you have to do to submit your application to DirectAxis. In order to apply for DirectAxis loan what you have to do is,

• Visit the official website of DirectAxis. Click on directaxis.co.za/loans/personal-loan and you will be directed to the homepage of DirectAxis official website. 
• Now you have to use the slider given and select the amount of loan you would like to borrow. 
• Also select the repayment time that is according to your affordability.
• Now you have to click on the reason for what you would like a loan for. 
• After finalising all three of these things you have to click on “Start Application.” 
• You will be directed to the application form. 
• Here you have to provide your personal details, financial information and your banking details. 
• Make sure to be honest and provide accurate detail to avoid any misunderstanding. 
• Never enter any misleading information as it otherwise can lead you towards serious consequences. 
• Now attach all the required documents as mentioned below. Submit the application form along with the documents and wait for the response from DirectAxis. 
• You will soon receive a notification from DirectAxis about the approval or declining of your application. 
• If your application is approved you will receive the loan payment within 2 days directly in your bank account.

You also have the option of applying for DirectAxis loans via their call centre. 

• In order to do that you have to call on the call centre number of DirectAxis which is 086 102 0304. Make sure to call the company during their contact hours. Call service is available from Monday to Sunday between 8 a.m. to 8:00 p.m.

Documents You Need To Submit 

Here is the list of documents that you have to attach with your application form. Make sure not to miss any documents as it may result in cancellation of your application. 

Moreover you also have to make sure to provide genuine and legal documents and avoid any illegal activity when submitting an application. This is because it not only can result in cancellation of your application but also can result in heavy fines and charges. The documents that you need to submit along with the application form to apply for DirectAxis loan includes,

• Your residential proof could be in the form of a utility bill or other documents confirming your residential address. 
• You also have to submit identity proof in the form of a South African ID document that could be a driver’s licence, National identity card or passport. 
• Moreover, you also have to submit income proof in the form of the latest 3 months stamped bank generated bank statement. 
• You can also submit your recent pay slips, if you do not have access to bank statements when applying for the loan.

Pros And Cons Of DirectAxis Loans

DirectAxis loans have their own advantages and disadvantages. You should have an idea about the benefits and drawbacks of the loans so that you can make an informed and correct decision whether you have to go with them or not. Let’s talk about the pros and cons of getting loans from DirectAxis. 

Advantages

• The loan application method is safe, secure and straightforward. It is simple and easy.
• You can get large amounts of loans of up to R 300,000 from DirectAxis. 
• The company offers flexible repayment time so that you can customise it according to your convenience. 
• You can get the funds within 48 hours of application approval. 
• You can pay the loan within 6 years, which is truly a long time, making loan management convenient for you. 

Disadvantages

• There are no loans available for borrowers who have bad credit scores.
• Moreover, those earning less than R 5000 per month cannot apply for DirectAxis loans.

How To Contact DirectAxis?

In case of any questions or queries you can directly contact DirectAxis on their contact methods. You can contact them either by calling their number or emailing them. Moreover, you can also visit them at their head office address to get your questions solved. 

• The call centre number of DirectAxis is 086 102 0304. You can make a call on this number between 8:00 a.m. to 8:00 p.m. from Monday to Sunday. 

• If you want to email DirectAxis with your questions, you can email them by composing an email and sending it to, [email protected]. 

• Furthermore, you can also visit them in person to their head office address. In order to contact them directly in person you have to visit  to, DirectAxis Campus, 108 De Waal Road, Diep River, 7800

FAQs 

Are there DirectAxis loans for blacklisted people?

No, there are no loans available for blacklisted people. In order to qualify for DirectAxis loans you must have to make sure that you have a good credit record because the company only offers loans to those who have a good credit score.

Why should you apply for a personal loan with DirectAxis?

You can apply on DirectAxis for your personal loans because the company offers loans up to R 300,000 and their application method is simple, straightforward and secure. Moreover, with fixed repayments that have fixed interest rates makes loan repayment much affordable because the current interest rate is fixed for the full term of the loan and it will never go up no matter what happens with interest. Moreover you get the pay out within 48 hours and you receive the feedback of your application quickly.

What are the documents you need to submit to apply for DirectAxis loans?

In order to apply for DirectAxis loans,  you should have a clear copy of your South African ID that could be in the form of your passport or other ID documents. Moreover, you also have to submit residential proof in the form of utility bill or other documents with the mention of your address. Furthermore, submit bank statements or payslips as a proof of income when applying for DirectAxis loans to get access to loans of up to R 300,000.

Final Thoughts 

DirectAxis is one of the reliable and highly reputable customer-centric loan providers in South Africa offering loans up to R 300,000 with the repayment term of up to 6 years. They have a safe, secure and simple application process with additional benefits, making lending easier and convenient. The above article tells you everything about DirectAxis loans and other relevant information so understand everything to apply for the loans without any problems.