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Fundi Student Loan Requirements

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If you are looking for fundi student loan requirements in south africa, then you are at the right place. We have an informative and detailed write up for you required search. Kindly relax and enjoy.

About Fundi

Fundi is an education finance specialist from South Africa. They are a private student loan service that was founded in 1996 as Eduloan and rebranded to Fundi in October 2016. Fundi’s mission is to enable individuals who do not qualify for a loan from a financing agency or the conventional banking sector with a way to obtain education at a low cost.

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What Fundi Covers

Fundi covers the following:

  • Study loans
  • Short courses
  • Accommodation loans
  • Executive loans
  • MBA funding (Master of Business Administration degree)
  • Study device loans
  • Educational tools

Fundi Requirements

The Fundi Loan requirements are :

  • Either the student or parent must have a permanent job
  • Clear credit record
  • A copy of a certified South African ID
  • A letter from your employee stating that you work for them
  • Latest payslip and a 3-month bank statement

How To Apply For Fundi

Students who want to apply for Fundi must fill out the online Fundi application form with all of their contact information and tell Fundi what type of loan they want.

Once you’ve successfully applied for a Fundi loan, your application will be processed and you’ll receive feedback as soon as possible.

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Students who successfully apply for a Fundi Loan will be issued a Fundi card. A Fundi card is similar to a debit card, but it comes with different allowances to help you manage your spending on and off campus.

Where To Use Your Fundi Card

Fundi has partnered with retail companies, allowing you to use your FundiCard at the following places:

  • Shoprite
  • Checkers
  • PicknPay
  • Selected Spur outlets
  • Nando’s
  • Gallito’s
  • KFC
  • Make purchases at most campus stores

How To Check Fundi Card Balance

To check your Fundi Card balance you will need to do the following:

  • Register on the Fundi website and log in.
  • Dial *134*87646# and choose option 2. You do not need airtime or data to do this.
  • Call the Call Centre at 0860 44 33 44 and ask for your balance.
  • Visit a campus office and enquire about your balance.
  • or log into the Fundi student portal to check your balance
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Fundi Loans are unsecured, and you are not required to offer any security. Fundi loan repayments can be taken from your paycheck or paid by Debit Order each month.

If you are interested in Fundi Loans, please contact Fundi using the information provided below:

Thank you for reading our todays post on fundi student loan requirements. We hope to see you again soon.

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