BankingSETA Learnerships 2026: Full List of Programs With Stipends From R3,500 to R5,500

Have you just finished matric and are wondering what comes next? Finding a job can feel overwhelming, especially when you want to keep learning while earning. That’s where the banking seta learnerships 2026 list can open doors.

These learnerships combine on-the-job training with education, giving you a chance to gain real experience without the usual tuition costs. Plus, you get a stipend that helps cover your basics while you build your career.

In this article, I’ll walk you through the full list of programs, how much you can earn, and how to apply. So stick around if you want a head start on your future in banking and finance.

overview of banking seta learnerships and eligibility

The Banking Sector Education and Training Authority (BankingSETA) is a South African organization responsible for supporting skills development in the banking and financial services industry. Their learnership programs combine formal learning and practical experience, designed to help individuals gain skills and qualifications for meaningful employment.

Purpose of BankingSETA Learnerships

These learnerships address the skills gap in the banking industry, especially for young adults and matriculants seeking to enter the workforce. Participants receive structured training, workplace exposure, and a stipend, making it an attractive pathway for career starters.

Eligibility Criteria

  • Age: Typically 18 to 35 years old, but can vary depending on specific programs.
  • Education: A minimum of a National Senior Certificate (Matric) or equivalent qualification.
  • Residency: South African citizen or permanent resident.
  • Unemployed or employed applicants: Some learnerships prioritize unemployed individuals while others allow employed candidates.
  • Commitment: Willingness to complete both theoretical and practical components of the learnership.

Program Structure

Learnerships generally last between 12 to 24 months and include:

  • Classroom learning: Provided by accredited training providers registered with BankingSETA.
  • Workplace experience: Real-world tasks under supervision within a banking environment.
  • Assessment and certification: End-of-program assessments leading to recognized qualifications registered on the National Qualifications Framework (NQF).

Benefits of Joining a BankingSETA Learnership

  • Stipend: Monthly payment ranging between R3,500 and R5,500 to support participants financially.
  • Work experience: Valuable practical exposure to the banking industry.
  • Certification: A nationally recognized qualification improving employment prospects.
  • Career opportunities: Often leads to permanent employment with participating financial institutions.

Where to Find More Information

For the most accurate and up-to-date details, visit the official BankingSETA website or contact their offices:

  • Entity: Banking Sector Education and Training Authority
  • Phone: Contact the BankingSETA call center for guidance.
  • Physical offices: BankingSETA regional offices across South Africa provide in-person support.

list of available learnership programs with stipend details

The BankingSETA Learnerships 2026 offer a variety of programs designed to equip learners with essential skills for the banking and financial services industry. These learnerships not only provide training but also include stipends to support participants financially during the program.

Available Learnership Programs and Stipends

  • Financial Services Learnership
    Duration: 12 months
    Stipend: R3,500 to R4,000 per month
    Focuses on developing knowledge in banking operations, customer service, and financial products.
  • Credit and Risk Management Learnership
    Duration: 18 months
    Stipend: R4,000 to R4,800 per month
    Emphasizes skills in evaluating credit applications, managing risk, and compliance requirements.
  • Credit Management Learnership
    Duration: 12 to 24 months
    Stipend: R3,800 to R5,000 per month
    Trains learners in credit assessment, debt collection, and credit control.
  • Banking and Finance Learnership
    Duration: 12 months
    Stipend: R3,500 to R4,500 per month
    Provides comprehensive exposure to banking processes, including cash handling and transaction management.
  • Customer Service Learnership
    Duration: 12 months
    Stipend: R3,500 to R4,000 per month
    Focuses on client interaction, communication skills, and service excellence in the banking context.

How Stipends Are Paid

Stipends are paid monthly by the participating institutions or accredited training providers associated with BankingSETA. They are designed to cover living expenses and motivate learners to complete their programs.

Eligibility for Learnership Program Participation

  • Must meet the specific age requirement for each program, generally between 18 and 35 years old.
  • Must have completed matric or equivalent certificate.
  • Must be a South African citizen or hold permanent residency.
  • Unemployed candidates are often prioritized, though employed individuals may apply based on program criteria.

Additional Information

Each learnership program requires learners to commit to both theoretical studies and workplace practical training. The combination assures practical skills development aligned with industry standards.

For the most accurate details on specific learnership offerings and stipend amounts, contact the Banking Sector Education and Training Authority (BankingSETA) through their official channels, including phone and regional offices.

companies hiring through banking seta learnerships 2026

Many reputable companies partner with the Banking Sector Education and Training Authority (BankingSETA) to offer learnerships in 2026, providing valuable opportunities for young adults looking to enter the banking and financial services industry. These companies provide structured training, workplace experience, and stipends to successful candidates.

Top Companies Offering BankingSETA Learnerships in 2026

  • Absa Group Limited
    One of South Africa’s leading financial services providers, Absa offers diverse learnership programs involving retail and corporate banking, customer service, and financial advisory roles.
  • First National Bank (FNB)
    FNB is known for its innovative banking solutions and offers learnerships focusing on client engagement, operational processes, and financial management.
  • Standard Bank Group
    This major banking institution provides learnerships emphasizing banking operations, risk management, and credit assessment, with structured mentorship.
  • Nedbank Group
    Nedbank’s programs focus on equipping learners with skills in customer service, financial products, and compliance within the banking environment.
  • Investec Bank
    Investec offers specialized learnerships in investment banking, wealth management, and client advisory services for high-potential candidates.

Benefits of Joining Learnerships With These Companies

  • Access to Industry Experts: Learn from experienced banking professionals and mentors.
  • Structured Career Development: Opportunities to transition into permanent roles after successful completion.
  • Competitive Stipends: Financial support during the program, ranging from R3,500 to R5,500 monthly depending on the role.
  • Exposure to Real Banking Environment: Hands-on experience with daily banking operations and customer interactions.

How to Apply for Learnerships

  1. Visit the official career portals or recruitment sections of the respective banks.
  2. Prepare necessary documents, including National Senior Certificate (Matric), proof of South African citizenship or permanent residency, and identification documents.
  3. Submit your application through the company’s online system or recruitment drive.
  4. Attend interviews and assessments as scheduled by the company.
  5. Upon successful selection, complete any required onboarding and orientation sessions before starting the learnership.

Additional Contact Points

For more information or assistance, contact BankingSETA or the human resources department of the respective banks. Many companies also have regional offices where applicants can inquire in person.

how to apply for a learnership and tips for success

Applying for a BankingSETA learnership requires careful preparation and understanding of the process to increase your chances of success. Follow the detailed steps below to apply effectively and make the most of this opportunity.

Step-by-step Application Process

  1. Research available learnerships: Visit official banking websites and the BankingSETA site to identify learnership programs that fit your interests and qualifications.
  2. Check eligibility criteria: Confirm you meet requirements such as age (typically 18-35 years), educational qualifications (Matric certificate), and citizenship or permanent residency status.
  3. Gather necessary documents:
    • Certified copy of National Senior Certificate (Matric)
    • South African ID or permanent residency document
    • Proof of residence
    • Curriculum Vitae (CV)
    • Recommendation letters (if available)
  4. Submit your application: Apply through the official channels specified by the company or BankingSETA, often via online portals or email.
  5. Prepare for assessments and interviews: Some programs require written tests or interviews to gauge your skills and attitude toward banking.
  6. Attend onboarding and induction: Upon selection, participate actively in orientation sessions to understand your role and program expectations.

Tips for Success

  • Tailor your CV and Cover Letter: Highlight relevant skills like communication, numeracy, and customer service experience.
  • Meet deadlines: Submit your application and documents on time to avoid disqualification.
  • Practice interview skills: Prepare answers to common questions about your motivation and understanding of the banking sector.
  • Stay proactive and committed: Demonstrate eagerness to learn and adapt during the program to maximize benefits.
  • Seek feedback: If unsuccessful, ask recruiters for feedback to improve future applications.

Common Challenges and Solutions

  • Incomplete applications: Always double-check your documents and forms before submitting.
  • Lack of experience: Emphasize willingness to learn; practical skills will develop during the learnership.
  • Missed deadlines: Set reminders for application deadlines and prepare early.

Additional Support

Contact the Banking Sector Education and Training Authority (BankingSETA) for guidance on application processes and available learnerships. Their official website and regional offices provide support services for prospective applicants.

FAQ – Common Questions About BankingSETA Learnerships 2026

What is a BankingSETA learnership?

A BankingSETA learnership is a structured training program combining classroom learning and practical workplace experience in the banking sector, designed to equip learners with industry-relevant skills.

Who is eligible to apply for BankingSETA learnerships?

Applicants typically need to be South African citizens or permanent residents, between the ages of 18 and 35, and must have a National Senior Certificate (Matric) or equivalent qualification.

What stipend amounts are offered during the learnership?

Stipends for BankingSETA learnerships in 2026 range from R3,500 to R5,500 per month, depending on the specific program and role.

How can I apply for a BankingSETA learnership?

You can apply by visiting the official websites of partner banks or BankingSETA, preparing required documents like your Matric certificate and ID, and submitting your application through their online portals or recruitment drives.

What are some tips for succeeding in the application process?

Tailor your CV to highlight relevant skills, meet all deadlines, prepare well for interviews, and show eagerness to learn and grow in the banking sector.

Which companies offer BankingSETA learnerships?

Major financial institutions like Absa Group Limited, First National Bank (FNB), Standard Bank Group, Nedbank Group, and Investec Bank offer BankingSETA learnerships with opportunities for career growth.

Similar Posts