How Much Is SRD Grant Now?

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How Much Is SRD Grant Now?

How Much Is SRD Grant Now? The SRD (Social Relief of Distress) grant has been a crucial source of support for many individuals and families facing financial hardships in South Africa during these challenging times. If you’re seeking information about the current amount of the SRD grant, you’ve come to the right place. In this article, we will provide you with the most up-to-date information regarding the SRD grant and its current value.

 

How Much Is SRD Grant Now?

The R350 Grant is set at a monthly amount of R350. This grant was distributed on a monthly basis to eligible recipients who met the necessary criteria outlined by the South African Social Security Agency (SASSA).

 

Is R350 Grant Increased To R700?

Recent rumours and discussions have surfaced regarding a potential increase in the R350 Grant amount to R700. While these rumours have generated anticipation among the public, it is important to rely on official announcements and verified information to ascertain the truth.

Read Also: Is It True That R350 Increased?

 

Sassa Official Statements

The grant is NOT being increased, however, the grant is being extended until 31 March 2024. The confusion about the R624 amount is that SASSA increased the means test threshold to R624 per month – this means that you must NOT earn more than R624 per month in order to apply for the SRD grant (effective from August 2022). Previously, the maximum income amount to qualify for the grant was R350. Increasing the maximum income threshold, means more cash-strapped South Africans are able to qualify for the Covid-19 grant.

 

ASSA Contact Details

 

To find the most current information about the SRD grant, it is recommended to consult official government websites, such as the South African government’s website or SASSA’s website. For more information, please visit SASSA Grant’s official website.

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