What Are the Terms and Benefits of a MobiCash SASSA Loan?

MobiCash SASSA Loan

MobiCash SASSA Loan has been helping many South Africans, giving many people access to credit no matter their financial situation, MobiCash has made it possible.

Are you looking for financial assistance, but are struggling to get credit because your main stable source of income is a government Social grant, Look no further! Because a  MobiCash SASSA Loan can help you get the loan you desire hassle-free.

MobiCash offers loans for all SASSA permanent Social grant beneficiaries if you are a Social Relief of Distress (SRD) grant recipient you won’t qualify for the loan, MobiCash  Loans start from R200 up to R6000 and the repayment term for every loan amount that ranges from 1 month to 6 months.

MobiCash is a registered financial service and credit provider that does not only provide loans to SASSA Social grant beneficiaries, people who are employed can also apply for the loan.

Benefits of MobiCash SASSA Loan

MobiCash offers a variety of benefits that make this credit product ideal for individuals with different financial situations.

  • Quick Turnaround Time, Get your application outcome in minutes
  • Transparent, There are no hidden fees or interest
  • Flexible Repayment Term, Choose the repayment period that suits you
  • Easily apply in the comfort of your home, by using the online platform
  • No penalties if you decide to settle your loan early
  • People who are Blacklisted or under Debt Review can qualify

Requirements for MobiCash SASSA Loan

Before you embark on applying for the MobiCash Loan you must meet the following requirements.

  • Must be a South African resident
  • Must be 18 years or older
  • Have a stable source of income:
      • Must be a beneficiary of SASSA Social grant (i.e Disability, Child Support or Old Age grant)
      • Must be employed or self-employed
  • Have an active bank account

Documents Required When Applying

The following documents will be needed when applying for the MobiCash Loan keep in mind that the documents must be saved on the device you’ll be using to apply.

  • South African ID or Passport
  • Latest 3 months bank statements (will be required for both parties when applying)
  • Latest 3 months payslip (for non-Social grant beneficiaries)

The application process for SASSA Loan from MobiCash

If you are a Social grant beneficiary and have been getting a SASSA Social grant for more than 3 months, have the required documents and meet the requirements mentioned above, you can easily apply for the MobiCash  Loan online on the website, you can simply choose the amount of money you want then the repayment term, after that, you’ll proceed to the application process.

After you have finished applying, MobiCash will only take minutes to update you about your loan application outcome, if you are approved your money will be sent to your bank account as soon as possible.

Contact Details

For more information use the details below:

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