Repayments

Student loan beneficiary can query by website, telephone or sms. They can also send a mail to slas@nybsys.com

A beneficiary can repay in three modes , direct deposit to Student Loan Account at Standard Bank , or they can make electronic fund transfer or they can instruct to payroll deduction or monthly debit orders.

Once payment is received by the bank, the system will real time update the beneficiaries account and send a notification via SMS if the cell phone number is provided in the recovery unit. This process will continue until all dues are paid through repayment process. A beneficiary can view the statement of the