How To Change Your SASSA SRD Banking Details To Capitec For r370

Are you tired of long queues at the Post Office or dealing with an expired SASSA card? Switching your SRD R370 grant payments to your Capitec bank account can save you time and ensure your funds arrive securely every month.

In this guide, we’ll walk you through exactly how to update your SASSA banking details to Capitec whether you’re tech-savvy or prefer in-person assistance. Let’s get started!

Online Update Banking Details To Capitec via SRD SASSA Portal

The fastest way to switch your r350 payment to Capitec is through SASSA’s official SRD portal. To do so, first ensure your Phone number registered with SASSA SRD application is still valid and active. You will receive an SMS on this number with change banking details link guide.

If your SRD phone number have lost, you will not be able to receive the link. It is recommended to update SASSA phone number before proceeding changing bank details.

1. Visit the SASSA SRD Website
   Go to srd.sassa.gov.za and navigate to the “How do I change my banking details?” section.
2. Log In with Your ID Number
   Enter your 13-digit South African ID number and submit.
3. Open Change Banking Details Link
   SASSA will send SMS with a Link to your SRD registered number. Open the link and read instructions.
4. Enter Capitec Bank Details
   Select Capitec Bank in Bank Name option. Provide your Capitec account number, branch code (470010 for all branches), and account type (e.g., savings or transmission account).
   Enter Account holder name and make sure it should be in the name of R370 grant beneficiary.
5. Review and Submit
   Double-check the details, submit the form and wait for a confirmation SMS.

Processing Time: SASSA typically verifies new details within 5–7 working days, but delays can occur during peak periods 38.

Submit an Annexure C Form (For In-Person Support)

If you’re not comfortable with online processes or face technical issues, You can change banking details SASSA to Capitec for R350 by visiting SASSA office. The Annexure C form is your backup plan:

1. Download the Form
   Search for “SASSA Annexure C Bank Details Change” online or request a copy at a SASSA office.
2. Fill in Your Details
   Include your ID number, Capitec account number, branch code, and contact information.
3. Get the Form Stamped by Capitec
   Visit a Capitec branch to verify your account. A consultant will stamp the form to confirm its legitimacy.
4. Submit to SASSA
   Take the stamped form, along with your ID, to the nearest SASSA office. They’ll process your request and notify you via SMS.

Note: This method takes 2–4 weeks due to manual verification.

Common Issues While Updating Bank Details To Capitec

1. I Lost the SMS Link to Update My Details!
If you accidentally delete the secure link from SASSA, wait 24 hours and restart the process. The system will send a new link.

2. My Banking Details Are Still Pending!
Verification delays are common. Check your status, If pending for over 10 days, contact SASSA at 0800 60 10 11.

3. My SIM Card/Phone Number Changed!
Update your contact details with SASSA first then apply for banking details update.

4. Change Banking Details Failed!
This usually appears if you have already chose for change banking details in the past 24 hours. SRD SASSA only allows one request for update details in 24 hours.

Why Capitec is the Top Choice for SASSA Recipients

Capitec Bank offers tailored solutions for SASSA grant recipients. Here’s why thousands have already made the switch:

• Zero Withdrawal Fees: Avoid ATM charges by accessing funds via Capitec’s app or in-store cashback at retailers like Shoprite.
• SASSA Loans: Qualify for short-term loans (R1,000–R8,000) with flexible repayment terms if you meet credit criteria.
• Instant Notifications: Track your R370 grant deposits in real-time via SMS or app alerts.
• Budgeting Tools: Use Capitec’s built-in tools to allocate funds for bills, groceries, or savings.
• 24/7 Access: Manage your grant anytime with Capitec’s USSD service (*120*3279#) or mobile app.
• Customer Support: Visit branches or call 0860 66 77 89 for help with SASSA-related queries.

How Capitec’s Mobile App Simplifies Grant Management

1. Check Balances Instantly: See your R370 grant deposits and check balance for free to manage your spendings.
2. Send Money Safely: Transfer funds to family or pay bills directly from the app, avoiding risky cash exchanges.
3. Freeze Your Card: Lost your card? Temporarily block it via the app to prevent fraud while you sort replacements.
4. Biometric Login: Secure your account with fingerprint or facial recognition.

Security Features Protect Your SASSA Funds with Capitec

• Fraud Detection: AI-powered systems flag suspicious transactions instantly.
• Encrypted Transactions: All app-based transfers use bank-level encryption.
• Cardless Withdrawals: Generate a one-time PIN via the app to withdraw cash securely at ATMs. 

Frequently Asked Questions