ICICI Bank are invited online applications for recruitment to the Probationary Officer Training Programme 2014, as per the details given below.
Eligibility Criteria
Those who have completed graduation with 55% (Aggregate) marks in any discipline.
Up to 25 years of age as on 10th January 2014 (should have been born on or after 9th January 1988).
Only shortlisted applicants will be invited for the selection process.
The above will be considered as the threshold crieteria for shortlisting.
Selection Process and Fees of the Training Programme
Selection Process
The selection process for Probationary Officer will consists of
Online Aptitude test
Online Psychometric Assessment
Case-based Group Discussion (GD)
Personal Interview (PI)
*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
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.
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.
Last Date for Submit Online Application is 10th January 2014
Apply to Online application Click here