Capitec Bank for SASSA Grants

How to Collect SASSA Grant through Capitec Bank?

Capitec Bank! SASSA has given various options to recipients to avail grants from their convenient source. SASSA is serving larger communities belonging to different backgrounds. As every citizen belongs to different background and he wants to adopt the convenient way to avail the grant, he can choose the best suitable for him amongst the sources given by the SASSA. Capitec is one of them, which is quite fast and secure to do any financial transaction.

How to Change Payment Method to Withdraw SASSA Grant?

For getting a monthly grant, you have to change your withdrawal method and opt for Capitec Bank. For that, you have to adopt the following steps:

  • Go to the official website of the SASSA.
  • Open the ID Card Section.
  • Press this button to move ahead.
  • Find the box which is showing “Change Banking Details
  • Now you have to enter your 13 digit ID Card Number along with an active cell number to verify your identity.
  • You will get a SMS notification and there you will be provided a link from SASSA.
  • Open the link, the proforma will be opened in front of you which you have to fill completely.
  • Then, you need to find “Payment Method Option” and there you have to choose “Capitec Bank”. 
  • Now you have to enter Capitec Bank Account Number, Account Type and Branch Code.
  • Re-examine all the details which you added in the form and once you are sure everything is correct then submit the form.

Note: You must already have an account with Capitec Bank. If you don’t have any account till now, you can create by clicking here.

How to Perform Financial Transactions Using Capitec Bank?

Depositing money directly into the Capitec Bank from the SASSA Card is quite simple; you have to apply these easy steps:

  • Bring Annexure C (Bank Form); you can get it from the official website or from the nearest SASSA Office.
  • Fill out the whole Annexure C by adding up the registered ID number and phone number.
  • After filling up Annexure C, you have to submit it directly to SASSA’s nearest office. (There is no facility for online submission of this form).
  • After the processing of your case, a message of confirmation that your account is linked with SASSA. After the approval, from the next payment cycle you will be able to withdraw money through Capitec Bank. Further, the grant can be withdrawn over an ATM any time.

Conclusion

Capitec Bank is mutually working with SASSA to increase the level of facilitation by providing their services closest to their location. Further, it enables safe and fast transmission of money up to R1000 and without any fee to the beneficiaries.

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