BANKSETA Learnerships 2026
Banking Sector Education and Training Authority · Banking sector · Verified 2026-05-18
Funds learnerships, internships and skills programmes in the SA banking sector. Most major SA banks run learnerships co-funded or aligned with BANKSETA.
Industries BANKSETA covers
- Retail banking
- Investment banking
- Microfinance
- Banking IT and operations
Major employers running BANKSETA-aligned learnerships
The following are well-known SA employers in the banking sector that have historically run learnerships aligned to BANKSETA. Where we have a dedicated company page, the link goes through to it.
How BANKSETA learnerships work
- You apply through an employer, not the SETA. BANKSETA does not place learners directly. Apply via the employer's official careers portal.
- The qualification is national. On completion you receive a SAQA-registered qualification on the National Qualifications Framework (NQF) - it's the same qualification regardless of which employer you did the learnership with.
- Most run 12 months. Some artisan and engineering learnerships run 2-4 years to a Red Seal trade test.
- You earn a monthly stipend. SETA-funded programmes must pay at least the DHET minimum learner allowance for your NQF level. Most employers pay above the minimum.
- You can only do one SETA-funded learnership at a time. Employers check this when you apply.
Avoid scams
Legitimate BANKSETA learnerships are never advertised through WhatsApp groups, SMS, or Facebook posts asking for "processing fees" or "placement fees". SETAs and accredited employers do NOT charge to apply. If a learnership listing requires payment to a personal bank account, it is a scam.
Frequently asked questions
What does BANKSETA stand for?
What learnerships does BANKSETA fund?
How do I find a BANKSETA-funded learnership?
What is the BANKSETA levy and how does it work?
Other SETAs
SETA details verified against the SETA's own website and the DHET register on 2026-05-18. For the authoritative SETA register see dhet.gov.za/SETAlinks. We are not affiliated with BANKSETA - apply through the SETA's own portal or through employer careers portals.