Beneficiaries who want to receive their Social Relief of Distress (SRD) payments directly into their Capitec account must use the official SASSA banking details link Capitec Bank.
This ensures secure, direct deposits without relying on the SASSA Gold Card or manual transfers. Updating your payment method online is the most reliable option for fast access to your funds.
SASSA Banking Details Link Capitec Bank
Two Ways to Transfer SASSA Money to Capitec
There are two methods to move SASSA funds into your Capitec account:
- Manual Transfer from a SASSA Gold Card to Capitec
- Updating Banking Details Online to Receive Future Payments Directly in Capitec
Method 1: Transfer from SASSA Gold Card to Capitec
- Visit a Postbank ATM or an ATM that accepts SASSA Gold Cards.
- Insert your SASSA Gold Card.
- Enter your PIN securely.
- Select Transfer Funds/Bank Transfer.
- Enter your Capitec Bank account number and select “Capitec Bank.”
- Enter the amount to transfer.
- Confirm the details and complete the transfer.
- Collect your card and keep the transaction receipt.
- Wait for funds to reflect in your Capitec account (usually immediate, but may take a few hours).
Method 2: Use the Official SASSA Banking Details Link for Capitec
To permanently update your grant payments to Capitec:
Step 1: Visit the Official SASSA SRD Website
Go to srd.sassa.gov.za.
Step 2: Select “Change Banking Details”
Scroll down and click on the option to update your payment method.
Step 3: Enter Your Registered Phone Number
Provide the same mobile number used during your SRD application.
Step 4: Verify with OTP
SASSA will send a One-Time PIN (OTP) to your number. Enter it on the website.
Step 5: Choose Capitec Bank
From the list of banks, select Capitec Bank.
Step 6: Enter Your Capitec Banking Details
- Account holder’s name
- Capitec account number
- Account type (savings or current)
- Branch code (commonly 470010)
Step 7: Confirm and Submit
Check the details, then submit.
Step 8: Wait for Confirmation
SASSA will process your update. You will receive an SMS once the change is verified. Future SRD payments will then go directly into your Capitec account.
Important Notes on SASSA Banking Details Link Capitec Bank
- Grants are only paid into accounts registered in the beneficiary’s name.
- The mobile number linked to your SRD application must also be registered in your name.
- Updated details apply to future payments only after verification.
FAQs on SASSA Banking Details Link Capitec Bank
1. How do I use the SASSA banking details link for Capitec Bank?
Visit srd.sassa.gov.za, select “Change Banking Details,” and follow the steps to update your payment method to Capitec.
2. Can SASSA pay my grant into someone else’s Capitec account?
No. Payments are only made into the beneficiary’s personal account.
3. How long does it take for SASSA to update banking details to Capitec?
It may take a few working days for verification. Payments reflect in the next cycle after approval.
4. What if my Capitec account number is entered incorrectly?
The payment will fail, and you will need to resubmit correct details using the same SASSA link.
5. Can I still use my SASSA Gold Card after linking Capitec?
Yes, but once your details are updated, future payments will go directly into Capitec.
6. Do I need to update my details every month?
No. Once verified, Capitec will remain your payment method until you change it again.
7. Can I use another bank instead of Capitec?
Yes. You can select any supported bank when updating via the SASSA banking details link.