DirectAxis: eligibility and documents
FirstRand Bank Limited publishes the following eligibility position for its fixed-rate personal loan; the example calculator shows up to 28% p.a. and a r69 monthly service fee. It is transcribed as published on 10 August 2026 — where the source is silent on a requirement, this page says so rather than filling the gap.
What DirectAxis states about eligibility
Good credit record; regular income at least R5,000; ID; address; bank statements or payslips.
Whatever a lender publishes, the decisive test is the affordability assessment the National Credit Act requires. It compares your verified income against your existing commitments and living expenses, so two people meeting every published criterion can still get different answers.
What a South African application generally asks for
- A valid South African ID number, verified electronically against the population register.
- A bank account in your own name that your salary is paid into.
- Three months of bank statements, usually retrieved electronically with your consent.
- Proof of income — payslips where your employer issues them, or the salary deposits on your statements.
- A working cellphone number, for the one-time PIN and the DebiCheck mandate approval.
This list is general, the lender’s is binding
Requirements change and are product-specific. Confirm what DirectAxis asks for on its own application before you rely on this page, and treat the pre-agreement quote as the only authoritative statement of what your loan will cost.
Related
Sources and last checked
- National Credit Regulator — register of credit providers — Regulator, as at 10 August 2026.
- National Credit Act 34 of 2005 and its regulations — Government, as at 10 August 2026.
Page last checked 10 August 2026. Statutory caps and lender terms change — confirm anything you intend to rely on with the provider or the National Credit Regulator. Found something wrong? Tell us and we will correct it.