The South African Social Security Agency (SASSA) plays the important role of providing assistance to those in dire financial need. If you are a recipient of the R350 grant and need to update your banking details, this post is for you. We will show you how to change your SASSA banking details for the R350 grant. Beyond letting you understand why it is crucial to update your banking details, we will show you the step-by-step instructions and provide answer to frequently asked questions.
Table of Contents
About SASSA R350 Grant
The South African Social Security Agency (SASSA) R350 grant is also referred to as the “SRD (Social Relief of Distress) grant” or “R350 grant”.
It is a social assistance program introduced by the South African government to provide temporary financial relief to vulnerable and low-income individuals and families during times of economic hardship.
The grant was introduced in the year 2020 in response to the ravaging economic challenges brought about by the COVID-19 pandemic.
You would recall that many South Africans lost their sources of income because of the lockdowns and restrictions. So the R350 grant was designed to provide immediate financial relief to such people.
Features of the SASSA R350 Grant
The following are some of the important features of the SASSA R350 grant scheme.
Eligibility
To be eligible for the SASSA R350 grant, applicants need to meet certain criteria. However, these criteria have evolved since the inception of the scheme and might still be adjusted by the South African government if they feel the need.
For now, here are the current general eligibility criteria.
Applicant must…
- be a citizen or permanent resident of South Africa.
- be within the 18 to 59 age bracket.
- not be receiving any other social grants at the time of application.
- not have any other source of income or financial support.
The Application Process
The application process is for those that meet the above eligibility criteria.
They can apply for the R350 grant by visiting the SASSA SRD (Social Relief of Distress) website. Otherwise, they can register via USSD (Unstructured Supplementary Service Data) code on their mobile phones.
The application process would require you to provide personal information, including your ID number and banking details.
When you are done with application, SASSA would process and approve it.
Payment Options and Amount
Once their application is approved, beneficiaries of the R350 grant can choose to receive their payment through any of the following methods:
- Direct deposit into their bank accounts.
- Mobile money transfer services.
- Cash payment at designated payment points like the Post Office or retail stores.
As per the payment amount, the grant provides a monthly payment of R350 (South African Rand) to eligible beneficiaries.
Duration
Recall that we said that the R350 grant was initially introduced as a temporary palliative during heat of the COVID-19 pandemic. Since then, it has gone through several extensions and changes by the government in consideration of the economic situation.
Stay in touch with this website for updates on the SASSA R350 grant scheme so that you will know the current duration and eligibility criteria.
How to Change Your SASSA Banking Details for the R350 Grant
Our main goal in this article is to show you how to change your SASSA banking details for the R350 grant. Updating your banking details with SASSA is very important for several reasons.
First is that when you update your banking details with SASSA, you can be sure of timely payments. Now this is very important because payment delay can have devastating impacts on people who are solely dependent on the grant.
More so, updating your banking details with SASSA helps to avoid payment errors. Yes, because incorrect or obsolete banking details can lead to payment errors.
Necessary Requirements for Changing your SASSA Banking Details
Before you initiate the process of changing your SASSA banking details, you need to meet certain requirements. There are also some important documents you need to have at hand. They include the following:
1. Valid Identification
Before you can change your banking details, SASSA would require you to prove your identity by providing a valid identification document. For this, you may provide your South African ID or another form of official identification.
2. Proof of Residence
SASSA also wants to verify your residency before they can permit you to update your banking details. For this, you may provide a recent utility bill or an official document displaying your current address.
3. Bank Statement
Before you can initiate the process of changing your banking details with SASSA, you will need to obtain an updated bank statement that shows your new bank account details. Ensure that the bank statement is current and official with the stamp or seal of your bank.
4. Fill the SASSA Form
To initiate the process of changing your SASSA banking details, you will need to obtain and complete the SASSA form for changing of banking details.
How to Obtain the SASSA Banking Details Change Form
The necessary question you should be asking now is how to obtain the SASSA banking details change form. There are two very simple ways you can get the form.
One way to get the form is by going online. Just visit the official SASSA website and download the “Banking Details Change Form.” This form is often available in PDF format, so you can easily print it out.
Another way you can obtain the form for changing your bank details is by visiting the nearest SASSA Office in person. There, you can obtain a physical copy of the form.
How to Change Banking Details for SASSA R350 Online
There are two categories of people who can change their banking details for SASSA R350 online. They include South African ID Holders and Asylum Seekers and Special Permit Holders.
For South African ID Holders:
Follow the steps below to change your SASSA banking details for the R350 grant:
- Visit the SASSA SRD website at http://srd.sassa.gov.za
- Confirm your nationality by selecting whether you are a South African ID card holder.
- Under the “How do I change my banking details” section, enter your South African ID Number.
- You will receive a unique SMS containing a secure link on the mobile phone number you provided during the application process.
- Click on the link in the SMS.
- Then follow the instructions in the link carefully to update your banking details.
For Asylum Seekers and Special Permit Holders:
Asylum seekers and special permit holders can follow the steps below to change their SASSA banking details for the R350 grant:
- Visit the Sassa SRD website
- Confirm your nationality by selecting whether you are an Asylum Seeker or Special Permit Holder.
- Enter your asylum seeker File Number or special permit holder Passport Number.
- Provide your cellphone number.
- This will enable you to retrieve the Payment ID, which you can use to collect your Payment at Pick ‘n Pay or the Post Office.
Filling the Change Banking Details for SASSA R350 Offline
Recall that you can also obtain the form for changing your bank details is by visiting the nearest SASSA Office in person. If you choose this method, you will obtain a physical copy of the form from the office.
Fill the form accurately by supplying all the necessary information. Remember to ensure that the information you are filling in the form match your official records.
The information you will need to enter in the form include your full name, ID number, contact information, Previous Banking Detail, New Banking Details. Be extra careful while when entering your account number and branch code.
After filling other required information, sign and date the form to confirm that the change is legitimate.
Offline Submission of Change of SASSA Banking Details Form
After correctly filling the form, you need to submit it to SASSA office. Remember to also go with your identification, proof of residence and the updated bank statement.
Upon submission of the form, ensure that you receive a confirmation receipt as proof of your document submission. You may need this receipt if you need to follow up on the progress of your request.
Processing of your Application for Change of SASSA Banking Details
After filling the form and submitting the necessary documents required for change of SASSA banking details for R350 grant, what follows is the processing?
Processing involves verification of the information you provided to ensure that they match their records.
Once they successfully update your banking details, you will receive a notification through SMS or email.
Thereafter, your R350 grant payments will now be directed to the new bank account.
Read Also: Why is My SASSA Money Not In?
Frequently Asked Questions
on How to Change Your SASSA Banking Details for the R350 Grant
Here are answers to some common questions regarding changing your SASSA banking details for the R350 grant:
1. How long does it take for SASSA to update my banking details?
Processing times may vary, but it usually takes a few weeks. Be patient and keep an eye out for notifications.
2. Can I change my banking details online?
SASSA formerly required in-person submission of application form for change of bank details. But you can now change your banking details online without having any physical contact with the office.
3. What if I miss a payment during the transition?
If you miss a payment, contact SASSA immediately and provide them with the new banking details. They can help you in resolving the issue.
Conclusion
Here’s where we end this informative article. But we can’t conclude without emphasizing the fact that changing your SASSA banking details for the R350 grant is key to ensuring that your financial support continues to reach you on time, without errors. If you need to change your SASSA banking details, simply follow the steps in this article. You can use the comments section in case you need to confirm any changes in the procedure.
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