All SASSA SRD R350 Grant Applicants Should Know This!

The South African Social Security Agency (SASSA) has announced that individuals who receive a monthly amount of money into their account or any other electronic payment system, to which their ID number is attached, and the amount is more than the threshold of R624, will not qualify to receive the SRD R350 grant. This means that regardless of whoever the money was meant for or whatever it was intended to cover if the threshold is exceeded, the individual will not be eligible for the grant.

SASSA doesn’t care if the money received is for your uncle, aunty or whatever as far as it is passing through an account or other payment systems in your name, you don’t qualify.

It is important to note that the SRD R350 grant was introduced to assist vulnerable individuals who are experiencing financial difficulties as a result of the COVID-19 pandemic. The grant is aimed at providing financial relief to individuals who are currently unemployed or do not receive any form of a social grant or UIF payment.

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No Increase In SASSA SRD R350 Grant 2023
No Increase In SASSA SRD R350 Grant 2023

To qualify for the SRD R350 grant, individuals must meet certain criteria. One of the criteria is that they must not be receiving any other form of income or financial assistance. This is where the R624 threshold comes in. If an individual is receiving a monthly amount of money that exceeds the threshold, it is assumed that they have some form of income or financial assistance and therefore do not require the SRD R350 grant.

It is important for individuals to understand that the R624 threshold is not the only criteria that must be met to qualify for the SRD R350 grant. There are other criteria that must be met, including being a South African citizen or permanent resident, being over the age of 18, and not receiving any other form of income or financial assistance.

All SASSA SRD R350 Grant Applicants Should Know This!
All SASSA SRD R350 Grant Applicants Should Know This!

If you are currently receiving a monthly amount of money that exceeds the R624 threshold, you will not be eligible for the SRD R350 grant. However, if you meet all the other criteria and are not receiving any other form of income or financial assistance, you may still be eligible for other forms of financial relief.

In conclusion, it is important for individuals to understand the criteria for qualifying for the SRD R350 grant. If you are currently receiving a monthly amount of money that exceeds the R624 threshold, you will not be eligible for the grant. However, if you meet all the other criteria and are not receiving any other form of income or financial assistance, you may still be eligible for other forms of financial relief. It is important to stay informed about the different forms of financial assistance that are available and to apply for any that you may be eligible for.

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Source :SASSA and #SouthAfricaAsk

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