Beneficiaries can now access a SASSA loan via cellphone through EasyPay Everywhere, providing fast and convenient short-term financial relief.
These loans are designed to help grant recipients cover urgent expenses while building a responsible credit history.
SASSA Loan via Cellphone
Loan Options Available
1. 3-Month Short Loan
- Maximum Loan: R1,000
- Repayment Term: 3 months
- Requirements:
- SASSA confirmation letter confirming switch to EasyPay Everywhere
- 3-month bank statements
- Biometric verification in branch
- SASSA confirmation letter confirming switch to EasyPay Everywhere
- Benefits:
- No waiting period, immediate access to funds
- No interest charged
- Fingerprint-secured for safety
- No waiting period, immediate access to funds
2. 6-Month Short-Term Loan
- Maximum Loan: R2,000
- Repayment Term: 6 months
- Requirements:
- At least 3 months EasyPay Everywhere account history
- Biometric verification at enrolment
- At least 3 months EasyPay Everywhere account history
- Benefits:
- Apply in less than 10 minutes
- Immediate cash available after approval
- Linked to EasyPay Everywhere account history
- No interest charged
- Apply in less than 10 minutes
3. 9-Month Medium-Term Loan
- Maximum Loan: R4,000
- Repayment Term: 9 months
- Requirements:
- Minimum of 3 months EasyPay Everywhere account history
- Biometric verification in branch
- Minimum of 3 months EasyPay Everywhere account history
- Benefits:
- Apply in under 10 minutes
- Secure fingerprint protection
- Interest at 12% per annum
- Cash available immediately after approval
- Apply in under 10 minutes
Qualification Criteria
To qualify for an EasyPay loan, you must:
- Be a South African citizen over 18 years old.
- Hold an EasyPay Everywhere account for at least 3 months.
- Provide a SASSA bank confirmation or grant approval letter (for a 3-month loan).
- Complete biometric verification in a branch.
How to Apply for a SASSA Loan via Cellphone
Beneficiaries can apply quickly using one of the following methods:
- Dial: *120*3737# on your cellphone.
- Call: 0801 11 18 80 for direct assistance.
- Request a Call Back through the EasyPay service.
- Visit any EasyPay Everywhere branch for in-person application.
FAQ: SASSA Loan via Cellphone
1. Can I apply for a SASSA loan directly from my cellphone?
Yes. Dial *120*3737# to apply for a SASSA loan via cellphone.
2. What is the maximum loan amount I can get?
The maximum loan amount is R4,000 for a medium-term loan with a 9-month repayment period.
3. Do SASSA loans charge interest?
No interest is charged on 3-month and 6-month loans. The 9-month medium-term loan charges 12% per annum.
4. What documents do I need to qualify?
You will need a valid South African ID, an EasyPay Everywhere account with 3-month history, and in some cases a SASSA bank confirmation or grant approval letter.
5. Can I get cash immediately after loan approval?
Yes. Once approved, funds are deposited directly into your EasyPay Everywhere account and can be withdrawn at any ATM.
6. Is biometric verification required for SASSA loans?
Yes. All applicants must complete fingerprint verification at an EasyPay Everywhere branch for security purposes.
7. Who qualifies for a SASSA loan via cellphone?
South African citizens over 18 with a valid EasyPay Everywhere account and SASSA grant deposits qualify.