How to Work at Capitec Bank: BANKSETA Learnership 2025

If you’re passionate about banking and dream of working at Capitec Bank, the BANKSETA Learnership Programme is one of the best entry points. It offers practical training, a competitive stipend, and a clear path into South Africa’s fast-growing financial sector.

In this guide, you’ll learn what BANKSETA is, how much you can earn, and exactly how to get into Capitec through this sought-after programme.

What is BANKSETA?

The Banking Sector Education and Training Authority (BANKSETA) is a government organisation that develops skills in the banking and microfinance sectors. By partnering with top banks — including Capitec, ABSA, Standard Bank, Nedbank, and others — BANKSETA offers structured learnerships that combine classroom training with on-the-job experience.

One of their most popular partnerships is with Capitec Bank, where many learners secure permanent roles after completing the programme.

Why BANKSETA Learnerships are Popular

  • Generous stipend: R4,000 – R6,000 per month in 2025
  • Accredited qualifications: Your certificate is recognised nationwide
  • Real-world banking experience: Learn while working in actual bank branches or operational centres
  • High employment rate: Many graduates are absorbed into full-time positions

Who Can Apply for BANKSETA Learnerships

While requirements may vary slightly per intake, you generally need:

  • South African citizenship
  • Matric certificate with good English and Maths/Maths Literacy results
  • Age 18–35
  • Currently unemployed
  • Strong communication and people skills

Some specialised roles may require a finance, business, or IT qualification.

BANKSETA Stipend in 2025

One reason BANKSETA learnerships are so loved is the competitive monthly allowance. In 2025, learners earn between:

R4,000 – R6,000 per month

This amount is meant to cover transport, meals, and other basic expenses while you complete your training.

Types of BANKSETA Learnerships

  1. National Certificate in Banking – For aspiring tellers and customer service agents
  2. Banking Operations – Back-office processing and compliance roles
  3. Credit Management – Risk assessment, loan approvals, and collections
  4. Microfinance – Working with community-based lending organisations

How to Get Into Capitec Through the BANKSETA Learnership

Capitec is one of BANKSETA’s biggest partners, and joining through this route can fast-track your career.

1. Understand What Capitec Looks For

  • Good Matric results in Maths/Maths Literacy & English
  • Excellent communication skills
  • Computer literacy and digital banking knowledge
  • A friendly, problem-solving attitude

2. Apply Through the Right Channels

You can apply in two ways:

Option 1 – Via BANKSETA

  • Visit bankseta.org.za
  • Look for Letsema or Kuyasa learnerships (Capitec often recruits through these)

Option 2 – Directly Through Capitec

  • Go to Capitec Careers
  • Search for BANKSETA learnership or entry-level banking roles

3. Prepare Your Application Documents

  • Updated CV (highlighting customer service skills)
  • Certified ID copy
  • Certified Matric certificate
  • Any additional certificates in finance, business, or IT

4. Pass the Selection Process

Capitec typically requires:

  • Numeracy and literacy tests
  • Customer service role-plays
  • Panel interviews

5. Complete the Learnership

If selected:

  • You’ll work in a Capitec branch or support office
  • You’ll earn R4,000 – R6,000 monthly
  • You’ll receive accredited banking training through BANKSETA

6. Secure Permanent Employment

To increase your chances:

  • Arrive on time and meet deadlines
  • Show initiative and go beyond your duties
  • Build positive relationships with colleagues and clients

Many BANKSETA graduates are offered full-time positions at Capitec upon completion.

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Final Thoughts

The BANKSETA Learnership is more than just a training programme — it’s a gateway to a stable, rewarding career in banking. With a stipend of R4,000 – R6,000 per month and the chance to work at Capitec Bank, this is one of South Africa’s most loved career opportunities.

If you’re ready to step into the world of finance, keep an eye on upcoming applications and take the first step toward your future.

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