Fri. Jun 21st, 2024


The South African Social Security Agency (SASSA) is a National Agency created in April 2005 to put up and distribute social delivers and loans. SASSA Loans is a internet site that is centered on presenting courses associated to SASSA, loans, and different social safety subjects such as the SASSA popularity test tool. We don’t furnish any loans. SASSA loans make certain an convenient way to take small loans to minimize poverty in South Africa.

SASSA Loans by means of Banks

SASSA additionally affords immediate loans through:

Shoprite Loans

Shoprite presents affordable, unsecured loans. This mortgage has decrease pastime rates. To observe for this loan, go to the nearest Shoprite Office. You can additionally follow for Shoprite SASSA loans by way of including their variety +27600123456 to your contacts and sending them a message. They will ask you some questions and reply them to proceed with your loan.

Finbond Loans

Finbond Mutual Bank affords Finbond SASSA loan. You can select an unsecured temporary or a long-term loan. The quantity of the mortgage varies from R500 to R20000. This mortgage has constant activity costs and does no longer change. You can repay it in a most of two years.

SASSA loan

To observe for a Finbond SASSA loan, your age should be over 21 years. You ought to be a South African Citizen with your personal financial institution account. You can follow for this mortgage through their internet site and filling out the application.

Capitec Loans

This mortgage additionally has the lowest pastime fee with month-to-month installments. It lets in up to R250000 loan. You can additionally get deposit insurance. So, to practice for this loan, open their reliable SASSA internet site and pick ‘online’ in ‘ways to apply.’ In the end, fill out the form.

Documents Requirement

  • Bank declaration of your trendy consecutive earnings deposit.
  • Personal records (ID documents, Name, surname, Marriage Certificate if married, Divorce order)
  • Latest pay slip or earnings proof.

Loan Application Guide Through SASSA Itself

SASSA offers a very bendy mortgage device if you want to borrow money. You can get from R250 to a most of R1000. You can without difficulty repay it between one to six months. Applicants can additionally get an SASSA mortgage in the structure of a toddler grant.

SASSA mortgage

You can effortlessly practice for SASSA loans if you are a pensioner or taking any pensioner grant. There are a few necessities for SASSA SASSA mortgage applicants. You are eligible for an SASSA mortgage if;

You acquire offers from SASSA, like Old Age Pension or Disability Grants. (Do an SRD fame test of your software to see if you are section of the SRD provide or not.)

While thinking about your application, SASSA will take a look at your preceding debts. If your debt-to-income ratio is in accordance to their set limit, you can get the loan. The quantity of mortgage you obtain will be decided primarily based on your cutting-edge supply of income.

SASSA Loan Application thru USSD

If you have any incapacity or are historic and weak, there is no want to go to the SASSA workplace for an utility physically. You can do it with your cellular phone. If you are questioning how to apply, let me information you step via step.

  • First, dial 1303737*1# on your phone.
  • Next, enter your ID quantity and click on on the calls button.
  • Then, you will get prompts to reply press one. they will get get admission to to your deposit test and financial institution statement.
  • Then, for protection reasons, you should supply them with the PIN you received at the ATM.
  • Then, enter the whole quantity of your month-to-month expenses.
  • Finally, you will get to select the unique supply or loan you are searching for. You will additionally be aware of if your utility used to be accredited or declined instantly.

If this USSD code is now not working or you are having any issues, then you can dial 1203210# or 12069277# on your telephone and observe the given prompts to get a SASSA mortgage thru your phone.

SASSA Loan Application at SASSA Office

You can practice for SASSA loans at any of their nearest offices. Applying at a SASSA workplace manually ensures you will get the mortgage quickly. So, maintain the following factors in thinking whilst making use of for a loan.

  • You ought to fill in your SASSA Application in the presence of any SASSA officer.
  • Applying for SASSA is absolutely free.
  • After submitting your application, you will get a receipt; please take note that this receipt is very important. If your software is approved, you will want to exhibit this as proof of your application.
  • If your utility is rejected, you will be knowledgeable in writing.
  • You can enchantment this choice inside ninety days of rejection. You have to do a written attraction to the Minister of Social Development declaring your purpose for appeal.


SASSA Loans provide a critical lifeline to many South Africans in want of economic assistance. Whether via standard banks or at once via SASSA itself, a number selections exist for these searching for support. By perception the utility techniques and necessities outlined above, folks can get right of entry to the assets indispensable to alleviate economic burdens and pursue larger stability.


Can I observe for a SASSA mortgage if I am unemployed?

Yes, SASSA loans are handy to South African residents who meet positive criteria, which include these who are unemployed. 

What is the most quantity I can borrow via a SASSA loan?

The most mortgage amount varies relying on numerous factors, together with your earnings and current economic obligations. Generally, SASSA loans vary from R250 to a most of R1000.

How lengthy does it take to get hold of a SASSA mortgage as soon as approved?

The processing time for SASSA loans can vary, however as soon as your utility is approved, you can commonly count on to acquire the dollars inside a few days.

Are there any prices related with making use of for a SASSA loan?

No, making use of for a SASSA mortgage is free of charge. SASSA does now not impose any upfront charges or fees for mortgage applications. 

What takes place if my SASSA mortgage utility is rejected?

If your SASSA mortgage utility is rejected, you will be notified in writing. However, you have the alternative to attraction this selection inside ninety days of rejection.