SASSA Loans

SASSA loans are the payments that come from third-party banks or finance companies like EasyPay. One thing that I must clear here is that SASSA does not offer any kind of loan itself. There are other companies and banks like TymeBank that offer a loan or advance payment to the SASSA grant beneficiaries.

If you are one of those who are eagerly looking for a SASSA loan payment, then you are at the right website. I will let you know how you can use the TymeBank or EasyPay website to get the loan as a SASSA grant beneficiary.

How to Apply for SASSA Loans?

SASSA does not offer any direct loan service. But you can still apply for a loan using private services like EasyPay. The EasyPay Green Card is a prepaid card that lets SASSA grant holders apply for loans.

How Does It Work?

You must first open an EasyPay account and get a Green Card. This card connects to your SASSA grant payments. Once you activate the card, you can apply for a small loan.

But remember:

• EasyPay charges a 31% application fee
• The interest rate is 164%
• You must repay the loan in 6 months or less

How to Apply for the EasyPay Green Card Loan?

Follow the steps below:

1. Visit the EasyPay website: https://epe-online.co.za
2. Register an account (if you don’t have one).
3. Login to your EasyPay account.
4. Click on “Loan Application”.
5. Fill out the loan application form.
6. Choose your loan amount (R410 to R1050).
7. Submit the application.

EasyPay will review your application and respond within 2 to 3 working days. If approved, the loan amount will be loaded to your Green Card.

Apply for SASSA Advance Payment from TymeBank GrantAdvance

TymeBank GrantAdvance is a service that allows SASSA grant beneficiaries to get an advance payment of up to R1000. This service is only available for people who receive their SASSA payments into a TymeBank account.

If you do not use TymeBank to receive your grant, you cannot apply for this advance.

Who Can Apply?

• You must be a SASSA grant beneficiary.
• Your SASSA money must go to a TymeBank account.
• You must use your linked phone number to apply.

How to Apply for TymeBank SASSA GrantAdvance?

Follow these steps:

1. Open the dialer on your phone.
2. Dial the USSD code: *120*543#.
3. You will see a pop-up menu on your screen.
4. Choose Option 4 from the menu.
5. A new menu will open, now choose “SASSA Grant Advance”.
6. Confirm your request.
7. You will receive up to R1000 in your TymeBank account.

The money is sent directly to your TymeBank account. You can use it for urgent needs before your next grant payment.

• You must repay this advance from your next SASSA grant payment
• TymeBank does not charge any interest or service fees
• Make sure your phone number and SASSA details are correct and up to date

How to Repay a SASSA Loan?

1. EasyPay Loan Repayment

1. EasyPay will automatically deduct the loan amount from your next SASSA grant payment.
2. If the loan is not fully paid, the deduction continues every month.
3. You can also pay early using your EasyPay Green Card at partner stores or online.

2. TymeBank GrantAdvance Repayment

1. TymeBank will automatically deduct the advance amount from your next grant deposit.
2. You cannot stop or delay this deduction.
3. If your next SASSA payment is lower than the loan, they may take the remaining amount later.