Eligibility Criteria: Those who have completed graduation with 55% (aggregate) marks in any discipline up to 25 years of age as on 30th April, 2013 (should have been born on or after 01st May, 1988)Only short listed applicants will be invited for the selection process
Selection Process: The selection process for Probationary Officer will consists of online Aptitude test; online Psychometric Assessment; Case-based group discussion; personal interview
Fees: 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 (course fee is Rs 3 lakh along with the applicable service tax at the current rate of 12.36%, the total amount to be paid is Rs 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 1.25 lakh (plus applicable service tax rate prevalent at the time of repayment) This will be paid by students who opt for this phase 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 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
The last date for applying is 31st January, 2013
Career Option: IICICI Bank follows a meritocracy based performance oriented culture where deserving employees are given responsibilities ahead of time Probationary Officers who successfully complete the Probationary Officer Training Programme will join at the grade of Assistant Manager (Band-l) They will be placed in any one of the following areas; Trade Finance and CMS; Branch and Relationship Management; Private Banking and Wealth Management; Rural and Inclusive Banking; any other Profile as decided by ICICI Bank
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