Ithala: Banking Learnerships 2024

Ithala invites South African unemployed youth to apply for 20 x Learnership Programme 2023 / 2024

Learnership Application Closing Date: 27 November 2023

Learnership Location: Durban, KwaZulu-Natal

The Ithala SOC Limited is offering a Banking Learnership Programme for 2024 and is seeking suitable candidates for these positions. Here is a summary of the program details, requirements, and application process:

Program Details:

  • Position: Banking Learnership Programme x20 (National Certificate in Banking NQF Level 5)
  • Duration: 12-month programme
  • Aim: Offers experimental learning experience in the financial and insurance services sector, focusing on various roles within banking and insurance.
  • Employment Contract: Successful candidates will sign a 12-month fixed-term employment and learnership contract.
  • Stipend: Learners will receive a monthly allowance of R3,500 for the duration of the programme.
  • Qualification: Upon completion, candidates will receive an accredited National Certificate in Banking (NQF level 5) qualification.


  • Age: Above 18 years old.
  • Education: Successful completion of Grade 12/Matric qualification.
  • Subjects: Pass in Mathematics/Maths Literacy and Accounting in Grade 12.
  • Grade Average: Overall average of 55% in the final National Senior Certificate (Grade 12).
  • Computer Skills: Basic computer literacy.
  • Language: Proficient in speaking, reading, and writing English.
  • Employment/Study Status: Not currently employed or studying at any other institution.
  • Learnership Status: Not registered for any other learnership programme previously.
  • Higher Education Qualification: Should not possess any other higher educational qualification.
  • Residency: Must be able to reside in Durban for the initial three (3) months of the theoretical learning phase.

How to apply

  • Documents to Submit: Detailed CV, certified copies of Grade 12 certificate (Matric) and ID document (not older than 3 months).
  • Email Submission: Forward application materials to Recruitment_2@ithala.co.za.
  • Include in Application: Motivation detailing how you meet each entry requirement, quoting the reference number for the position.
  • Subject Line: Clearly state the reference number and position applied for.
  • Deadline: Closing date for applications is 24 November 2023.
  • Note: Late applications or those lacking a reference number will not be considered.

Additional Notes:

  • Only short-listed candidates will receive further correspondence.
  • Short-listed applicants will undergo assessments, reference checks, and credit checks.
  • If you do not receive a response within one month of the closing date, consider your application unsuccessful.

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