SASSA R350 Grant Income Threshold Now R624

by Universityonlineapplication

SASSA R350 grant income threshold now R624. The South African Social Security Agency (SASSA) has increased the Covid-19 SRD grant test income threshold to R624.

This means applicants will no longer be considered for the SASSA SRD grant on the income of R350 but R624.

The increase of the SASSA SRD test income threshold from R350 to R624 came as a result of the recently amended Covid-19 SRD regulation.

According to SASSA, they want to approve more applicants to benefit from the R350 grant.

Again, the increase of the SRD R350 grant means test income threshold from R350 to R624 will allow applicants who have an inflow of funds in their bank accounts of less than R624 to qualify for the grant.

SASSA R350 Grant Income Threshold Now R624

Yes, the new SASSA R350 income threshold is R624. The South African Social Security Agency (SASSA) has increased the SRD R350 means test income threshold from R350 to R624.

Applicants who have funds up to R624 in their accounts now qualify for the SASSA SRD R350 grant.

Again, unlike the previously required income threshold for the SRD grant which was R350, you’ll be approved for the Covid-19 Social Relief of Distress (SRD) if you have an amount of R624 in your account starting from August 2022.

You should read also Do I Have To Reconfirm My SASSA R350 Application Every 3 Months? for more information on SRD reconfirmation.

Is SASSA R350 Income Threshold R624?

Yes, SASSA SRD R350 grant income threshold is now R624, and applicants who have funds up to R624 will be approved for the Covid-19 grant starting in August 2022.

Will SASSA Approve Me If I Have R624 In My Account?

Yes, starting from August 2022, SASSA will approve applicants who have funds up to R624. This is because of the increase of the income threshold required from applicants from R350 to R624.

When Will SASSA SRD Income Threshold Of R624 Take Effect?

The amended SRD R350 grant means test income threshold of R624 will be applied from August 2022.

This means SASSA will begin to approve applicants for the R350 grant who has more than R350 and less than R624 in their bank account.

We do recommend that you read SASSA To Increase Income Threshold From R350 To R624 for more details on the increase.

Why Did SASSA Increase SRD Income Threshold From R350 To R624?

According to SASSA, they want to approve more applicants so that, a larger number of qualified South Africans can benefit from the Covid-19 SRD R350 grant.

How Much Do I Need To Have In My Account To Get SASSA SRD R350 Grant?

Applicants who have an amount up to and less than R624 will get approved for the SASSA SRD r350 grant.

Again, you do not qualify for the Covid-19 SASSA SRD R350 grant if you have an amount more than R624 in your account.

Has SASSA Increased SRD Grant Money?

No, the payable amount of SASSA SRD still remains R350. All applicants who are approved for payment will be receiving R350 each month.

You should understand that SASSA did not increase the payable amount in the amended regulations of the Covid-19 SRD grant.

Therefore, you’ll be paid a total amount of R350 as usual.

My SASSA R350 Is Still Pending?

According to SASSA, they’re still processing lots of pending SRD R350 applications.

Although, they have not given any date on which the processing will be completed SASSA has assured applicants that they will pay all approved grants.

You should read How Long Does SASSA R350 Pending Take? for further explanation of the SASSA R350 application pending status.

The official website of the Covid-19 SRD grant is https://srd.sassa.gov.za/

We do hope this article on SASSA R350 Grant income threshold increased to R624 was helpful.

You can ask your question in the comment.

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