How To Change Your Banking Details For SASSA SRD Grant via srd.sassa.gov.za – Your Covid-19 SRD honor can be deposited into your personal bank account through Sassa. What transpires, though, if your financial account changes? We will present how to update your banking information for your SRD grant on the srd.sassa.gov.za website if you don’t want your R350 award to be sent to someone else check below!
South Africans who are struggling to make ends meet now have a lot of opportunities thanks to the R350 grant. The Special Relief of Distress grant was what it was called when it was initially implemented during Covid-19.
The R350 grant sits alongside other valuable grants from Sassa like the child support grant, old age grant, and others.
⇒ Deadline For New R350 Grant Appeals
The Sassa grant refers to a financial assistance grant provided by the South African Social Security Agency (Sassa) to individuals who are in need of financial support and who meet the eligibility criteria. The grant is there to provide assistance to individuals who are unable to support themselves or their families due to poverty, disability, or old age.
The agency is tasked with ensuring that social grants are distributed efficiently and effectively to those who are eligible for them. Sassa also provides social relief of distress to individuals and families who experience unforeseen circumstances, such as natural disasters or other emergencies.
Sassa works closely with other government agencies and non-governmental organisations to identify and assist vulnerable individuals and families in need of support. The agency plays an important role in reducing poverty and promoting social inclusion in South Africa.
⇒ How is the SRD Grant paid out?
Sassa introduced flexible methods for payment of SRD grants. These methods include receiving grants via personal bank accounts and money transfers via major banks.
If you happen to change your bank account you have to make sure that you change your banking details. You don’t want your money paid into someone else’s bank account, do you?
How To Change Your Banking Details for SRD Grant:
- Go to the Sassa SRD website at srd..sassa.gov.za.
- Confirm your nationality (Indicate whether you are a South African ID card holder or if you are an Asylum Seeker and Special Permit Holder)
- Sassa reminds beneficiaries that the new banking details will only be used for future payments after it has been verified.
South Africa ID Holders Must
- Scroll to “How do I change my banking details”.
- Enter your ID Number.
- An SMS containing a secure link, unique to you, will be sent to the mobile phone number with which you registered during the application.
- Click on the link in the SMS.
- Follow the instructions carefully.
⇒ How to Submit Banking Details to SASSA
Asylum Seekers and Special Permit Holders Must
- Enter your asylum seeker File Number or special permit holder Passport Number
- Enter your cellphone number
This will you to look up the Payment ID you can use to collect your Payment at Pick ‘n Pay.
Sassa has made it clear that beneficiaries may only provide their own banking details as their grants will not be paid into another person’s bank account.
This is to ensure that the grant payment goes to the correct person and to avoid dishonest activities.
Those who select the money transfer option through a major bank, need to ensure that the mobile phone number on which they received the SMS is registered in their name.
This is because Sassa cannot pay their grant payment to a mobile phone number that is registered with another person.
In October 2022, Finance Minister Enoch Godongwana announced a 12-month extension of the R350 grant. This will see the grant being paid to beneficiaries until March 2024.
The minister warned that any permanent extension or replacement will require permanent increases in revenue, reductions in spending elsewhere, or a combination of the two.
The Sassa grant has become an important social safety net in South Africa, helping to reduce poverty and support vulnerable individuals and families.
