Nsfas banking details

Nsfas banking details : Ways to Pay NSFAS

Electronic Funds Transfer (EFT)

If you would like to do an EFT each month these are our bank details.
Name of Account: NSFAS
Branch Code: 210554
Bank: First National Bank
Account Number: 500 600 28203
Please use your ID Number (6711165000000) as a reference when making payments

NSFAS is added as a predefined beneficiary at the following banks:

Just look for “NSFAS” in their list of beneficiaries

Debit Order

If you don’t want to worry about remembering to pay your NSFAS loan every month, this is a good option for you. Just complete the electronic debit order form and submit it.
OPEN THE ELECTRONIC DEBIT ORDER FORM

OR

Complete the attached form and email it back to recoveries@nsfas.org.za

Salary Deduction

Your employer can make deductions from your income and pay it over to NSFAS. Print and complete the form and submit to your employer. OPEN THE EMPLOYER DEDUCTION FORM

Africa Direct Life is a registered Financial Service Provider (FSP 45834) contracted to NSFAS to assist in contacting NSFAS beneficiaries to start making repayments on their NSFAS loans.

ARA Group is proud to be partnering with NSFAS. This partnership will see ARA applying it’s Collections and Revenue Management experience to successfully enable beneficiary repayment, and with that, ‘pay it forward’ strategy of the NSFAS loan