Here’s the only guide you will need regarding SASSA loan via cellphone and other important details you will need to know.
There are many websites out there who claim to offer ways to apply for a SASSA loan but unfortunately many of them are scams or fake.
Therefore, this guide was created to help you easily apply for a loan or check balances via your cellphone.
What is SASSA?
The South African Social Security Agency is abbreviated as Sassa. The company does not provide loans. Instead, they manage South Africa’s social grant application procedures.
You must submit an application with Sassa to be included to the list of beneficiaries in order to be eligible for a social security award.
In South Africa, there are numerous social security awards available. Before attempting to apply for a loan through SASSA through telephone, you might want to be aware of the following:
Social Relief of Distress Grant, Disability Grant, Care Dependency Grant
Child Support Social Grant or Loan Foster Child Grant
(If you are a pensioner in South Africa) Older Persons Grant
Grant-In-Aid for Veterans of the War
SASSA Loan via Cellphone
Surprisingly, SASSA offers loans to its beneficiaries via cell phone in addition to social handouts to qualified residents.
Use the moneyline to call the short code on your cell phone: *120*3737*7#.
Provide your ID number.
To grant Moneyline access to your bank statement and credit report, dial 1.
Please respond with the PIN number you received at the ATM.
Send a list of all your monthly expenses.
Get directions on how to pick up your grant.
Visit the moneyline website if there are issues or if you need to know what to do next.
In regard to SASSA loan via cellphone, you will learn if your application has been accepted or rejected at the last round of the process. The Sassa application procedure is swift overall.
There is no need to go to a physical branch since you may finish this transaction on your phone. You must speak with a customer care representative or go to the website if you run into difficulties while using the cellphone application to get assistance.
What are the SASSA Loan Amounts?
It’s simple to apply for a SASSA loan, but the main concern is how much of a loan payment you will actually receive.
My SASSA experience indicates that your eligibility and the amount of money in your SASSA social grant account are what determine the loan amount you can apply for.
With terms ranging from one to six months, SASSA loans are available in amounts between R100 and R1,000. These loans have interest rates that are relatively expensive when compared to other loans on the market, at 5% monthly.
Who can Apply for SASSA Loan via Cellphone?
Sadly, not all South African nationals are eligible to apply for SASSA loans. I discovered that SASSA loans are exclusively accessible to recipients of SASSA social grants during the course of my application procedure.
Therefore, in order to be eligible for a loan, your SASSA social grant account must be active. Your ability to apply for a loan is also constrained by the quantity of money in your social grant account. As a result, the amount you can borrow may change based on the balance of your account.
South Africans can use the money lending platform called EasyPay. Using this program, individuals of the nation can borrow small sums of money ranging from R100 to R2000. They can obtain loans without being constrained by high interest rates or challenging application processes.
To apply for EasyPay Loans SASSA:
Dial 1303737*1 on your mobile device to start the loan application procedure.
Once the call is established, use the mobile keypad to enter your South African ID number before selecting the send or call option.
Then a menu with many choices is presented to you. Request that you press a different number to process your application.
You must enter a PIN that you were given in order to use the ATM. It is an additional security measure to check the legitimacy of the user.
Enter your monthly costs to demonstrate that you have a stable financial situation and can repay the loan with ease.
SASSA Loan via WhatsApp
In South Africa, the South African Social Security Agency (SASSA) is primarily responsible for administering social grants rather than providing loans.
SASSA plays a crucial role in disbursing grants to eligible individuals to address various social and economic needs, including child support grants, disability grants, and old age pensions. These grants aim to provide financial assistance to vulnerable and low-income individuals and families.
There is no best way to apply for SASSA Loan via Whatsapp but rathe use the SASSA Loan via cellphone method.
How to Apply for Shoprite SASSA Loan
The application process typically involves several steps:
Research and Verify:
Start by verifying the existence of Shoprite SASSA loans through official sources or by contacting Shoprite directly. Look for official announcements, press releases, or information on the official Shoprite website.
Visit Shoprite or Contact Customer Service:
If Shoprite does offer SASSA loans, you may need to visit a Shoprite branch in person or contact their customer service. Customer service representatives can provide detailed information about the loan products, eligibility criteria, and the application process.
Prepare the necessary documents for the loan application. This may include identification documents, proof of income, and any other documents required by Shoprite to assess your eligibility.
Complete the loan application form provided by Shoprite. Submit all required documents along with the application. The submission process may be done in person at a Shoprite branch or through an online platform if available.
Shoprite will review your application, considering factors such as your financial situation, credit history, and the loan amount requested. They may also check your eligibility for SASSA-related benefits.
Loan Approval and Disbursement:
If your application is approved, Shoprite will inform you of the loan terms and conditions. Once agreed upon, the funds will be disbursed to you according to the agreed-upon method.