Sassa Loan Via Cellphone
Sassa Loan Via Cellphone: How do I borrow money from SASSA?
SASSA (South African Social Security Agency) is an agency of the South African government responsible for distributing social grants to eligible citizens. SASSA has introduced a loan facility that can be accessed via a mobile phone, known as the SASSA Loan via Cellphone.
This loan facility is available to all SASSA beneficiaries who receive regular social grants. The loan can be accessed through a simple process using a mobile phone. The loan amounts vary from R200 to R1,000, and repayment terms range from one to six months.
The loan can be used for any purpose, including paying for emergencies or other unforeseen expenses. The loan amount will be deducted from the beneficiary’s next social grant payment, and the interest rate charged is low.
The SASSA Loan via Cellphone is a convenient and accessible way for SASSA beneficiaries to access credit. It provides an opportunity for individuals who might not qualify for traditional loans due to their low-income status to access funds when needed.
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What is required to access Sassa Loan Via Cellphone
To access the SASSA Loan via Cellphone, you will need to meet the following requirements:
- You must be a South African citizen or a permanent resident.
- You must be a SASSA beneficiary receiving regular social grants.
- You must have a valid South African ID number.
- You must have a mobile phone registered in your name.
- You must have a bank account in your name.
- You must have an active cellphone number.
- You must not have any outstanding loans with SASSA.
It is also important to note that the loan amount and repayment terms will be based on your circumstances and financial situation. It is recommended that you carefully consider your ability to repay the loan before taking it out.
How to get Sassa Loan Via Cellphone
To get a SASSA Loan via Cellphone, follow the steps below:
- Dial 1208801# on your mobile phone.
- Follow the prompts and enter your ID number.
- Select the loan amount you require.
- Agree to the terms and conditions of the loan.
- Enter your mobile phone number.
- Wait for an SMS confirmation with the loan agreement and repayment details.
- Sign the loan agreement by replying to the SMS with your full name.
- The loan amount will be deposited into your bank account, and repayment will be deducted from your next SASSA social grant payment.
It is essential to note that only SASSA beneficiaries who receive regular social grants are eligible for this loan. Additionally, it is crucial to understand the terms and conditions of the loan, including the interest rate and repayment terms, before agreeing to take out the loan. How do I borrow money from SASSA?
SASSA Contact Information:
- Address: SASSA House, 501 Prodinsa Building, cnr Steve Biko and Pretorius Street, PRETORIA
- SASSA Head Office: 012 400 2000
- SASSA toll-free Helpline: 0800 60 10 11
- SASSA Email: info@sassa.gov.za
You can also visit the SASSA website at www.sassa.gov.za for more information and updates on their services.
Please use the link provided above to get in touch with the organization if you have any important questions or other comments. Visit this website for further details.
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