SASSA Loans | Online & Latest Application Methods (Dec 2023)

SASSA provides a very flexible loan system if you need to borrow money. You can get from R250 to a maximum of R1000. You can easily repay it between one to six months. Applicants can also get an SASSA loan in the form of a child grant.

UPDATE: SASSA itself doesn’t provide any loans, you can apply for Shoprite or Capitec loans or apply for a SASSA Grant. Please take financial advice from a financial expert before applying for any loan.

You can easily apply for SASSA loans if you are a pensioner or taking any pensioner grant. There are a few requirements for SASSA loan applicants. You are eligible for an SASSA loan if;

• You are a South African citizen.
• You are at least 18 years old.
• You have a valid Identity Document.
• You are earning a consistent income.
• You have a bank account in your name.
• You receive grants from SASSA, like Old Age Pension or Disability Grants. (Do an SRD status check of your application to see if you are part of the SRD grant or not.)

While considering your application, SASSA will check your previous debts. If your debt-to-income ratio is according to their set limit, you can get the loan. The amount of loan you receive will be determined based on your current source of income.

SASSA Loan Application through USSD

If you have any disability or are old and weak, there is no need to visit the SASSA office for an application physically. You can do it with your mobile phone. If you are wondering how to apply, let me guide you step by step.

• First, dial *130*3737*1# on your phone.
• Next, enter your ID number and click on the calls button.
• Then, you will get prompts, to answer press one. they will get access to your credit check and bank statement.
• Then, for security reasons, you must provide them with the PIN you got at the ATM.
• Then enter the total amount of your monthly expenses.
• Finally, you will get to choose the particular grant or loan you are looking for. You will also know if your application was approved or declined instantly.

If this USSD code is not working or you are getting any issues, then you can dial *120*3210# or *120*69277# on your phone and follow the given prompts to get a SASSA loan through your phone.

SASSA Loan Application at SASSA Office

You can apply for SASSA loans at any of their nearest offices. Applying at a SASSA office manually ensures you will get the loan quickly. So, keep the following points in mind while applying for a loan.

• You must fill in your SASSA Application in the presence of any SASSA officer.
• Applying for SASSA is completely free.
• After submitting your application, you will get a receipt; please remember that this receipt is very important. If your application is approved, you will need to show this as evidence of your application.
• If your application is rejected, you will be informed in writing.

You can appeal this decision within 90 days of rejection. You must do a written appeal to the Minister of Social Development stating your reason for appeal.

SASSA Loans via Banks

SASSA also provides instant loans through

• Shoprite
• Finbond
• Capitec

So, you can apply for any of these loans.

1. Shoprite Loans

Shoprite provides affordable unsecured loans. This loan has lower interest rates. To apply for this loan, visit the nearest Shoprite Office.

You can also apply for Shoprite SASSA loans by adding their number +27600123456 to your contacts and sending them a message. They will ask you some questions and answer them to proceed with your loan.

Documents Requirement

• Three months’ bank statement
• Valid Identity Document
• Proof of residence
• Pay slip (salary or wage)