We present HI absorption spectra of the black hole candidate X-ray binary (XRB) MAXI J1348-630 using the Australian Square Kilometre Array Pathfinder (ASKAP) and MeerKAT. The ASKAP HI spectrum shows a maximum negative radial velocity (with respect to the local standard of rest) of $-31pm4$ km s$^{-1}$ for MAXI J1348-630, as compared to $-50pm4$ km s$^{-1}$ for a stacked spectrum of several nearby extragalactic sources. This implies a most probable distance of $2.2^{+0.5}_{-0.6}$ kpc for MAXI J1348-630, and a strong upper limit of the tangent point distance at $5.3pm0.1$ kpc. Our preferred distance implies that MAXI J1348-630 reached $17pm10$ % of the Eddington luminosity at the peak of its outburst, and that the source transited from the soft to the hard X-ray spectral state at $2.5pm1.5$ % of the Eddington luminosity. The MeerKAT HI spectrum of MAXI J1348-630 (obtained from the older, low-resolution 4k mode) is consistent with the re-binned ASKAP spectrum, highlighting the potential of the eventual capabilities of MeerKAT for XRB spectral line studies.
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