ICICI Bank Probationary Officer Recruitment 2014
About ICICI Bank Probationary Officer Training Programme :
i) Probationary Officer Training Programme is an initiative of ICICI Bank to attract young talent who wish to pursue a career in banking. It is designed to develop specialists with banking knowledge and skills to fulfill the future need of trained bankers.
ii) It is a one year full time residential training programme, conducted at ICICI Manipal Academy campus, Bangalore. Applicants joining the Probationary Officer Training Programme will be enrolled for MBA in Banking and Finance with Manipal University, an UGC recognized University.
MBA ( Banking & Finance ) program consists of two phases :
i) Phase I (12 months) : This phase comprises of 7 months of on-campus classroom training & 5 months of internship in ICICI Bank. Upon successful completion of this phase, participants are awarded a Post Graduate Diploma in Banking ( PGDB ).
ICICI Bank PO Eligibility Criteria 2014 :
i) Those who have completed graduation with 55% (Aggregate) marks in any discipline.
ii) Only shortlisted applicants will be invited for the selection process.
ICICI Bank Probationary Officer Age Limit 2014 :
i) Up to 25 years of age as on 10th January 2014 ( should have been born on or after 9th January 1988 ).
ICICI Bank PO Selection Process 2014 :
The selection process for Probationary Officer will consists of
i) Online Aptitude test
ii) Online Psychometric Assessment
iii) Case-based Group Discussion ( GD )
iv) Personal Interview ( PI )
*The GD and the PI ( only for applicants who successfully clear the GD ) will be concluded on the same day.
ICICI Bank PO Selection Process Details 2014 :
i) The ICICI Bank Probationary Officer Aptitude Test is likely to be held in January, 2014 / February, 2014 followed by Group Discussions / Interviews in February, 2014 / March, 2014 for the applicants who clear the Aptitude Test.
ICICI Bank Fees of the Probationary Officer Training Programme :
i) The Probationary Officer Training Programme is a cashless bridge to managerial jobs for aspiring students. To pursue the Probationary Officer Training Programme, the interested students will have to invest 3.37 lakh ( The course fee is 3 lakh. Along with the applicable service tax at the current rate of 12.36%, the total amount to be paid is 3.37 lakh ). However, during repayment of the loan, the prevalent service tax rates will apply ) which would be provided by ICICI Bank as a loan at a subsidized interest rate of 2.5%. p.a. This is the fee for the first phase of the PGDB programme. The fee for Phase II is an additional amount of 1.5 lakh. This will be paid by students who opt for this phase.
ii) After completion of the Training Programme, the Probationary Officers will be absorbed as Assistant Manager in the Bank. The loan is to be repaid by Probationary Officers in equated monthly installment (EMI) after joining the Bank. There would be no recovery of EMI or interest during the training and internship period, the interest accrued during this period would be recovered along with the normal EMI. The EMI is spread over a period of 60 months to ensure that there is minimal impact in the monthly earnings of the Probationary Officer.
iii) However, if the applicant leaves during training or within five years of joining ICICI Bank after training, ICICI Bank would recover the principal and the interest at market rate on the entire loan amount for the period that the amount was given as a loan to the Probationary Officer.
ICICI Bank PO Aptitude Test / Interview Location :
(i) South : Bangalore, Chennai, Coimbatore, Hyderabad, Kochi, Madurai, Vizag, Vijaywada, Trivandrum
(ii) West : Mumbai, Pune, Ahmedabad, Nagpur, Bhopal, Baroda, Rajkot, Jabalpur, Indore, Amravati, Aurangabad, Kolhapur
(iii) North : Chandigarh, Jaipur, Delhi, Lucknow, Faridabad, Dehradun, Ludhiana, Udaipur, Kota, Varanasi
(iv) East : Ranchi, Raipur, Patna, Kolkata, Guwahati, Bhubaneshwar
** The above centres are likely to change. The final list of centres will be displayed once the Venue / Date / Time booking opens.
ICICI Bank Probationary Officer Apply Online 2014 :
i) ICICI Bank Probationary Officer Application Closing Date : May, 2014 and August, 2014 batches will remain open till 10th January, 2014.
ii) Candidates should apply online for Probationary Officer at ICICI Bank’s website : www.icicicareers.com.
iii) Shortlisted applicants will be intimated through email & SMS in the month of January 2014. Please provide correct email ID and Mobile number in the application form.
iv) ICICI Bank Probationary Officer Training Programme Starting : There will be two batches that will start undergoing the training at IMA in the first week of May, 2014 and August, 2014.