EasyPay Loans SASSA – How to Apply 2024?
It is an electronic payment system in South Africa that facilitates personal and EasyPay Loans SASSA to its customers as well as SASSA recipients. SASSA recipients can access quick, convenient short-term loans when they need them most. SASSA beneficiaries can receive up to R2000 through the EasyPay electronic payment system, and the maximum duration is up to 6 months.
To get EasyPay loans SASSA, you should have an EasyPay Everywhere Account, and your SASSA Grant money will be deposited in it for at least three consecutive months; apart from that, you have to pass the affordability requirements to be eligible for the EasyPay loans SASSA. EasyPay also offers an R500 loan for those without an EasyPay Everywhere Account with a 1-month repayment facility.
EasyPay Loans SASSA Amount
There are two plans; one allows you to take out R500, which you must pay back within a month. The other lets you borrow R2000, to be paid off over 6 months. So, go over the complete details of these loan plans.
Types of EasyPay Loans
There are two basic types of EasyPay loans: one for 1 month and the other for 6 months.
1 Month EasyPay Loan
The maximum tenure of this loan is 1 month, and you can take out up to 500. Clients can apply for an EasyPay SASSA loan; for that, establishing an EasyPay Everywhere account is not required, but you have to confirm your identity and income. Additionally, you have to provide a lending relationship.
6-Month EasyPay Loans SASSA
In this type of loan, you can get a maximum of R2000; its repayment duration is 6 months. To get this loan, you need to confirm through SASSA that you are the recipient of any SASSA grant. Biometric verification is required if you manage the EasyPay Everywhere Account by submitting a SASSA grant for 3 months or more.
You can apply for EasyPay loans SASSA, which takes a maximum of 10 minutes. Once your loan application is approved, the payment is immediately deposited into your account, which you can withdraw from any nearby ATM.
How to apply for EasyPay Loans SASSA?
Anyone can apply for EasyPay loans SASSA using EasyPay Financial Services. The application process for EasyPay loans SASSA is simple and fast. SASSA beneficiaries can apply for loans according to their affordability. First, take a look at the eligibility criteria.
Eligibility Criteria for EasyPay Loans SASSA
Applicants must be:
Applicants must have:
If you meet that criterion, you can call 0801 11 18 80 or dial a USSD code on your mobile number at *120*3737# to apply for EasyPay Loans SASSA. You can also download to apply for a loan via these EasyPay Apps.
EasyPay Personal Loans
EasyPay offers loans other than those for SASSA beneficiaries; how? What do you do if you do not receive SASSA grants and do not have an EasyPay Everywhere Account? You can apply for a 1-month loan by visiting your closest EasyPay branch office holding the following documents.
Note: Apart from EasyPay for SASSA users, other financial institutions like The Capitec Bank and Shoprite SA provide loan facilities.
EasyPay App
EasyPay App is operated by Lesaka Technologies, Inc. and provides different payment, transaction, & loan services to its clients. It is user-friendly and designed to simplify and purify the transaction process for clients. The repayment system of EasyPay is flexible and offers 1-6 months of softening to repay. Let’s take a look at the services of EasyPay other than the loans that are available to users.
Bill Payments
Users can pay electricity, water, municipal, telephone, and television license bills via EasyPay services.
Prepaid Services
Users can easily purchase prepaid electricity and airtime for mobile phones.
Online Payments
What is an EasyPay Everywhere Account?
EasyPay Everywhere Account is a banking solution that provides accessible banking services to its clients in South Africa. EasyPay helps its customers by providing the following services:
You can also call 0860 994 162 or Visit your nearest Branch to get more information about the EasyPay Everywhere Account.
EasyPay Loans Abstract
EasyPay is an electronic payment system in South Africa that offers customers and SASSA recipients personal loans. SASSA recipients can receive up to R2000 through EasyPay loans SASSA, with a repayment period of 6 months.
To apply for EasyPay loans SASSA, applicants must have an EasyPay Everywhere Account and have deposited SASSA grant money for at least three consecutive months. Eligibility criteria include being a South African citizen with a proper 13-digit smart ID, over 18 years old, an EasyPay Everywhere Account with a 3-month EVA, proof of SASSA grant approval, and an SASSA grant bank confirmation letter.
The EasyPay app offers various payment, transaction, and loan services, including bill payments, prepaid services, and online transactions. EasyPay Everywhere Accounts provide accessible banking services, including access to financial services, checking balances, debit orders and statements, purchasing prepaid air time, water, and electricity, loans up to R2000, funerals, pensioner insurance plans, and new cards. Customers can call 0860 994 162 or visit their nearest branch for more information.
Frequently Asked Questions
How do you qualify for EasyPay loans SASSA?
To qualify for EasyPay loans SASSA, you must be a South African citizen with proper ID, and you must be over 18. You have to deposit your SASSA grant in your EasyPay Everywhere Account for three consecutive months.
How do I switch from SASSA to easy pay?
You can visit your nearest EasyPay branch holding two documents: an Account Confirmation Letter and SASSA Bank Consent Form. An agent will guide you through the process of switching the SASSA account.
I want to cancel the Loan I took
You can contact Easypay by dialing our number at 0801 111 880 or texting 49201 to write a query, “cancel the loan.” An agent will assist you in canceling the Loan.
Does EasyPay do a credit check?
No, EasyPay doesn’t check credit scores when applying for loans. A credit score check is not included in the eligibility criteria for fetching the EasyPay loans SASSA.
Is Easypay a part of SASSA?
No, it is not; SASSA (South African Social Security Agency) is a government welfare institute that deals in grants, and EasyPay is a financial banking service in South Africa.
What is an easy pay limit?
The EasyPay loans SASSA limit is R2000, and the ATM withdrawal and transfer limit is R50000 when using this financial banking service.
