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Just went through updating my SRD grant banking details online and honestly, it's way simpler than the permanent grants process. If you're on the SRD R370 grant and need to update your bank info, the whole thing happens through their official portal - no office visits required. You basically enter your SA ID number, they send you a secure link via SMS, and you just input your new account details. Takes a few days for the bank to verify everything, but way more convenient than sitting in queues.
The key thing though - and they're pretty strict about this - the account has to be in your name exactly as it appears on your ID. No joint accounts, no third-party stuff. Also make sure your new phone number is RICA-compliant if you're using the cash send option.
If you need to update your cellphone number for SRD, same deal - use their contact portal, enter your ID and application ID, put in your new number, and they'll send an OTP to verify. Saw some people warning about fake websites trying to scam grant holders, so definitely stick to the official SASSA SRD portal. For the permanent grants though, you'll have to go in person to a SASSA office to change banking details - totally different process. But yeah, if you're on SRD and just need to update bank details online, it's pretty straightforward these days.