Sassa Loan – how to apply online, via cellphone Banking, More

In order to provide social grants and loans to those in need, the South African Social Security Agency (SASSA) is essential. If you live in South Africa and are faced with a financial hardship but are unable to obtain standard loans, an SASSA loan may be able to provide an effective solution. We will examine all facets of SASSA loans in this thorough guide, including interest rates, specifications, methods of application, customer service contacts, and the legitimacy of SASSA loans.

SASSA Loan Interest Rate

Individuals have simple access to small loans from R250 to R1000 thanks to SASSA loans. Depending on the particular loan source, the interest rates for SASSA loans may change. It is wise to carefully read the loan’s terms and conditions before applying so that you are aware of the interest rates involved.

Requirements for SASSA Loans

You must fulfill certain requirements in order to be qualified for an SASSA loan. Application for an SASSA loan must meet the following criteria:

  • country of origin: South Africa.
  • Age restriction of 18 years.
  • a reliable form of identification.
  • income that is steady.
  • You have a bank account.
  • receiving benefits from SASSA, such as disability grants or old age pensions.

Your application will be evaluated by SASSA taking into account your debt-to-income ratio, prior debts, and current source of income. Gaining approval for an SASSA loan is more likely if these conditions are met.

How to Apply for a SASSA Loan

SASSA offers a variety of loan application options, including electronic and manual processes. The following are the two main ways to apply for an SASSA loan:


You can use USSD codes on your phone to apply for an SASSA loan if you prefer a simple and mobile application process. Take these actions:

  • On your phone, Dial *130*3737*1#
  • Start the call by entering your ID number.
  • Press “1” in response to the questions to grant access to your credit report and bank statement.
  • For security reasons, enter the PIN you were given at the ATM.
  • Enter the total amount spent each month.

You will be notified instantly of approval or denial for the specific grant or loan you selected.
You can also try phoning *120*3210# or *120*69277# to submit a phone application for an SASSA loan.

SASSA Office

You can apply for a loan in person at a nearby SASSA office if you would rather use a manual application process or experience any problems with the digital ones. When submitting a physical application, keep the following in mind:

  • In the presence of an SASSA officer, complete the loan application form.
  • The SASSA loan application process is cost-free.
  • You’ll get a receipt after submitting, which you may use as proof of your application.
  • You’ll be notified in writing if your application is denied.

If you disagree with the decision, you have 90 days to write the Minister of Social Development and explain why you disagree.

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