Mumbai: ICICI Bank , the largest private bank in India, has invited applications for one-year Post Graduate Diploma in Banking (PGDB) Programme under ICICI Manipal Probationary Officers (PO) Training Programme. PGDP is an initiative of ICICI Bank in partnership with Manipal University, which is a vocational training programme designed to develop a pool of first level managers. After completion of the Training Programme, the Probationary Officers will be absorbed as Deputy Manager Band I in the Bank with annual salary package of Rs 4 Lakh per annum (CTC).
Eligibility Criteria
Graduation with 55% (Aggregate) marks in any discipline.
Up to 25 years of age as on 30th June 2016 (Should have been born on or after 30th June 1991).
Only shortlisted applicants will be invited for the selection process.
Important Date:
Closing date of application submission is 30 June 2016 (Thursday).
How to Apply:
Candidates are required to apply online through the company’s career page of ICICI Bank website.
The said link is as followed: https://www.icicicareers.com/Careers/CP/CandidateLogin.aspx?JobID=262205
Selection Process:
The selection process for ICICI Bank Probationary Officer has the following steps:
Online Aptitude test
Online Psychometric Questionnaire
Case-based Group Discussion (GD)
Personal Interview (PI)
Merit List
*The GD and the PI (only for applicants who successfully clear the GD) will be concluded on the same day.
Fees of the Training Programme:
Rs.3,60,675/- (Loan amount of Rs.3,15,000/- Plus applicable Service Tax, which is presently at 14.5%)
Rs.16,354/- (Cost of Tablet + Cover + SD Card + VAT)
As per the job advertisement of the bank, total amount of Rs.3,77,029/- which would be provided by ICICI Bank as a loan at a subsidized interest rate of 2.5% p.a. Differential amount, if any, on account of increase in Service Tax at a future date, would be borne by the applicant.
The loan is to be repaid by Probationary Officers in equated monthly installment (EMI) after joining the Bank.
Programme Highlights
One year full time residential programme conducted at ICICI Manipal Academy (IMA) campus, Bengaluru including internship and on-the-job training at ICICI Bank
The programme focuses on balanced approach of providing inputs of relevant knowledge, developing deep banking skills and shaping required behaviors
The training imparts knowledge and skills in core banking areas like banking products, processes, systems, regulations and compliance frameworks involved in day-to-day operations
On successful completion of the training programme, students are absorbed in ICICI Bank as frontline managers in Deputy Manager Band I grade, in addition to being awarded the Post Graduate Diploma in Banking from Manipal University.
A cashless bridge in the form of a loan will be provided to all participants to fund the cost of the programme
A monthly stipend is paid to students both during campus terms & internship
More than 14,000 students have been associated with the programme and more than 12,000 students have since graduated from the programme.
Programme Structure
The programme structure is as follows:
Term 1 (4 months) – Classroom training at IMA, Bengaluru
Term 2 (2 months) – Internship at ICICI Bank
Term 3 (2 months) – Classroom training at IMA, Bengaluru
Term 4 (4 months) – On-the-job training at ICICI Bank
For more details candidates can refer ICICI Bank’s career page:
https://www.icicicareers.com/website/academia/probationary-officer-programme/2016/Jan/probationary-officer-programme.html
