Capitec Bank Internship Application Requirements

Capitec Bank Internship Application Requirements

by

Do you want to engage in internship at Capitec Bank? Brace yourself up on this journey and get started with your application. As a young person has just finished school, it is a great opportunity to be be enrolled at the bank. Now dig into what Capitec Bank offers, their mode of operations among others.

Capitec Bank is a South African retail bank that offers a range of financial services to individuals and businesses. It was founded in 2001 and has since become one of the largest banks in South Africa, known for its innovative approach to banking and customer-centric services.

Types of Services Offered at Capitec Bank

Capitec Bank offers a variety of products and services, including:

  1. Transactional accounts
  2. Savings accounts
  3. Credit products (e.g., personal loans, credit cards)
  4. Investment products
  5. Insurance products
  6. Digital banking services (e.g., mobile banking, online banking)

Benefits of Capitec Bank

Capitec Bank is particularly beneficial for its:

  1. Simple, transparent fees
  2. User-friendly digital banking platforms
  3. Branchless banking approach (with a focus on digital channels and a smaller branch network)
  4. Emphasis on financial inclusion and accessibility

Types of Capitec Bank Internships

Here are some internships that Capitec has offered in the past:

  1. Graduate Development Programme: An 18-month rotational program that gives you a 360 view of the business.
  2. Learnership Programme: A program that allows you to gain knowledge, skills, and experience in the banking industry.

Requirements Needed for Application for Capitec Bank Internship

  1. Eligibility: You must be a South African citizen with a clear credit and criminal record.
  2. Education: You must have a degree or plan to complete a degree in South Africa, with a grade average of 60%.
  3. Work Experience: You must be a recent graduate or have less than two years of work experience.
  4. Location: You must be willing to be based in Western Cape (Stellenbosch) and/or Gauteng (Sandton/JHB).
  5. Application Process: You can apply online through the Capitec Bank Careers website.

How to Apply for Capitec Bank Internship

To apply for a Capitec Bank internship, follow these steps:

Step 1: Meet the Requirements

  1. South African citizen
  2. Recent graduate or less than two years of work experience
  3. Clear credit and criminal record
  4. Grade average of 60% or higher

Step 2: Choose Your Internship

  1. Visit the Capitec Bank Careers website [ https://www.capitecbank.co.za/about-us/careers/]
  2. Browse available internships (Graduate Development Programme, Learnership Programme, etc.)
  3. Select the internship that aligns with your skills and interests

Step 3: Register and Apply Online

  1. Click “Apply” on the internship page
  2. Register on the Capitec Careers website (if you haven’t already)
  3. Fill out the online application form
  4. Upload required documents: CV, Academic transcript, ID document, Proof of registration or qualification

Step 4: Assessments and Interviews

  1. If your application is successful, you’ll be invited to complete online assessments
  2. Prepare for and attend interviews (in-person or virtual)

Step 5: Receive an Offer

  1. If you’re selected, you’ll receive an internship offer
  2. Review and accept the offer (if you wish to proceed)

Does Capitec offer bursaries?

Yes, Capitec Bank offers bursaries to students pursuing higher education in specific fields. The Capitec bursary program aims to support talented individuals who lack financial resources to achieve their academic goals.

Eligibility Criteria for Capitec Bank Bursaries

To be eligible for a Capitec bursary, you must:

  1. Be a South African citizen
  2. Be enrolled or intend to enroll in a full-time undergraduate or postgraduate degree at a recognized South African university
  3. Meet the required academic criteria (usually a minimum average of 60%)
  4. Be in financial need
  5. Be studying in a field relevant to Capitec’s business, such as: Commerce (Accounting, Finance, Economics), Engineering, Computer Science, Data Science, Mathematics, Statistics

What the Bursary Covers

The Capitec bursary covers:

  1. Tuition fees
  2. Registration fees
  3. Book allowance
  4. Accommodation (in some cases)

How to Apply

  1. You can apply for a Capitec bursary online through their website, usually between March and September each year. You will need to submit:
  2. Your academic transcript
  3. Proof of registration or acceptance at a university
  4. Proof of financial need
  5. A motivation letter explaining why you deserve the bursary

Note: Capitec bursaries are competitive, and only a limited number are awarded each year. Meeting the eligibility criteria does not guarantee selection.

Contact Information

If you have questions or need assistance, contact Capitec Bank’s HR department:
Email: careers@capitecbank.co.za
Phone: +27 21 809 0279

Good luck with your application

Leave a Comment