SASSA Loans are flexible financial solutions for individuals in need of some assistance. These loans for pensioners range between R240 and R1000.
Repayable over one to six months, the loans are affordable and simple to repay at comfortable pace for borrowers.
The South African Social Security Agency (SASSA) is the national agency that was created to administer the application, approval and payment of social grants to qualifying citizens in South Africa.
The grant system essentially exists to help alleviate poverty as well as to help vulnerable South Africans.
The agency has simplified ways through which citizens can access their social grants. South African individuals who are at least 60 years of age now qualify for pension grants. They are able to apply for their pension and receive payments on their SASSA cards once approved.
Despite the relief these payments often bring into the lives of many South Africans, there may be some months where unexpected expenses come up. This is where having access to SASSA loans comes in handy.
As long as applicants can prove that they receive monthly pension payouts from SASSA, they may potentially qualify for these loans. They also need to be South African citizens.
There are no limits in terms of how to use the loans. Borrowers can use the funds to pay for their utilities and other services, pay rent, or help pay for school or tertiary fees. Another benefit associated with these loans is that the application process is simple and payouts don’t take too long. There is no need to have to wait in long queues or to make branch visits.
Simply contact 0800 60 10 11 to inquire about SASSA Loans. Alternatively, you can send an email to: firstname.lastname@example.org
Please feel free to use our finance calculator .