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ICICI Bank Probationary Officers Recruitment May 2017 / August 2017

ICICI Manipal Probationary Officers (PO) Programme - PGDB 2017

ICICI Bank invites ONLINE applications only from Indian Nationals for appointment of young professionals as Probationary Officer for May 2017 / August 2017 Batch for admission into Post Graduate Diploma in Banking for ICICI Manipal Academy.
ICICI Bank Probationary Officers Recruitment 2017 includes one-year training programme on selection


Post Graduate Diploma in Banking (PGDB) Programme is an initiative of ICICI Bank in partnership with Manipal University
The Probationary Officers training programme aims to attract young talent who wish to pursue a career in banking. It is a vocational training programme designed to develop a pool of first level managers with banking knowledge and required skill-sets to perform efficiently in their day-to-day activities
One-year full time residential programme conducted at ICICI Manipal Academy (IMA) campus, Bengaluru including internship and on-the-job training at ICICI Bank

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

Eligibility Criteria

There are not many conditions to apply for this ICICI bank 2017 PO recruitment. Just a few but all are very important
a) Applicant should be within 25 years of age, as on 30th December 2016
b) Those born before 30th December 1991 cannot register
c) Must have a degree with minimum 55% marks aggregate
d) Fresher graduates also eligible
If any of your directly family members (father, mother, brother and sister) is an employee of ICICI bank currently, you are not allowed to apply

Selection Process

Based on the given qualifications, applicants shall be shortlisted and intimated about next course of process. The selection process for Probationary Officer will consist of:
1. Online Aptitude test
2. Online Psychometric Assessment
3. Case-based Group Discussion (GD)
4. Personal Interview (PI)
5. Merit List
*The GD & the PI (only for applicants who successfully clear the GD) will be concluded on the same day
The training programme will be held in Bengaluru our any other location in India as decided by ICICI Bank
Test Dates and Locations will be announced at a later date for which you will get an e-mail/SMS. Short listed applicants will be intimated by email and SMS. A call letter informing about the venue and date of the process will also be sent through an e-mail
Selected candidates will undergo 7-months of intensive residential classroom training and 5-months of internship with a stipend

How to Register

Since this is a private organization, there are no category-based reservations in age, education and short-listing process
Applications for the PO recruitment of ICICI bank have to be submitted only through their website
There is no application fee to be paid so can proceed directly to the online application form available at the website. Additionally, you may also visit their website regularly to check for frequent updates Career option with ICICI Bank.
Probationary Officers who successfully complete the Probationary Officer Training Programme will join at the grade of Assistant Manager (Band l)

Training and MBA Degree

Those who are finally selected will have to attend the training scheduled to begin in the above mentioned months at ICICI Manipal Academy, Bangalore. The highlights of this course are,
i) Everyone entering training stage will be handed a job guarantee letter and enrolled for MBA (banking and finance) degree from Manipal University
ii) There are two phases:
a) First Phase runs for a period of 12 months, during which stipend shall be paid
b) On completion you will be awarded "PG Diploma in Banking (PGDB) and would be appointed as assistant manager in ICICI bank drawing a salary of more than 4.0 lakhs /year
c) Second Phase is optional wherein a candidate after joining the bank may/continue the MBA degree program for 18 months
iii) For undergoing this training, Rs.3.59 lakhs should be paid but this amount can be availed as loan from ICICI bank itself

Location for Aptitude Test/Interview (Tentative):

South: Bangalore, Chennai, Coimbatore, Hyderabad, Kochi, Madurai, Vizag, Vijayawada, Trivandrum
West: Mumbai, Pune, Ahmedabad, Nagpur, Broad, Rajot, Jabalpur, Indore, Amaravati, Aurangabad, Kolhapur
North: Chandigarh, Jaipur, Delhi, Lucknow, Faridabad, Dehradun, Ludhiana, Udaipur, Kota, Varanasi
East: Ranchi, Raipur, Patna, Kolkata, Guwahati, Bhubaneswar

Fees of the Training Program:

The Probationary Officer Training Program is a cashless bridge to managerial jobs for aspiring students. To pursue the Probationary Officer Training Program the interested students will have to invest
Rs 362,250/- (Loan amount of Rs 315,000/- Plus applicable Service Tax, which is presently at 15%)
Rs 16,354/- (Cost of Tablet + Cover + SD Card + VAT)
Total Amount: Rs.3,78,604/- which would be provided by ICICI Bank as a loan at a subsidized interest rate of 15% p.a. Differential amount, if any, on account of increase in Service Tax at a future date, would be borne by the applicant

Repayment Terms:

After joining the bank as an assistant manager, the loan EMI (approx. Rs.6000/- month) should be paid for 60 months. If you discontinue during training or within 5 years after joining the bank, you must pay the total loan amount alongwith with interest.

Where to Apply

The training programme will be held in Bengaluru or any other location in India as decided by ICICI bank
For more detailed about ICICI Bank PO Recruitment 2017 batches can read from the website

Important Dates

Online Registration Close on: 30th December 2016
The Aptitude Test is likely to held in January 2017
Followed by GD/Interviews, the dates for which will be notified via mail to the applicants who clear the Aptitude Test
The Aptitude Test is scheduled to be held in February 2017 and Interview in September 2017
Training shall start in batches: May 2017 & August 2017 batches

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