Probationary Officer Programme is an initiative by ICICI Bank to attract bright graduate students to pursue a career in banking. It is designed to develop specialists with banking knowledge and skills to partially fulfill the future need of trained bankers .Eligibilty:
• Completed graduation with 55% (Aggregate) in any discipline.
• Up to 25 years of age as on May 1, 2012 (should have been born on or after May 1, 1987)
Only short-listed applicants will be invited for the selection process.
How To Apply:
Log on to www.icicicareers.com and fill up the application form online. Test Dates & Locations will be announced at a later date for which you will get an e-mail/SMS..
Selection procedure: The selection will be through a multi stage selection process comprising of:
a. Aptitude Test
b. Group Discussion
c. Profiling
d. Interview
Selected candidate will undergo a 12-14 months intensive residential classroom training and internship with a stipend. The PO training is a “cashless bridge” to managerial jobs for aspiring students. To pursue the PO training, the interested students will have to invest Rs. 2.75 and service tax, as applicable, totally amounting to Rs. 3.03 lakh lacs which would be provided by ICICI Bank as a subsidized loan at an interest rate of 2.5% p.a. [Service Tax on the loan amount will be paid by the probationary officer]. On successful completion of the training & internship, the POs will be absorbed as Assistant Managers in the Bank. The EMIs for the loan would start once the POs have joined the bank. There would be no recovery of EMIs or interest during the training period, the interest accrued during this period would be recovered along with the normal EMIs. The EMIs are spread over a period of 60 months to ensure that there is minimal impact in the monthly earnings of the PO. However, if the applicant leaves during training / within 5 years of joining ICICI Bank after training, ICICI Bank would recover the interest at market rate on the entire loaned amount for the period that the amount was loaned to the PO, plus the outstanding loan.
The Loan Agreement will have to be signed by the PO soon after joining the Campus. However, the PO will have to get the Guarantor form ready before joining the campus for training. The gross salary on joining the Bank after training will be more than Rs. 4 Lakhs per annum.
Last date of registration December 30 , 2011
For complete detailsClick Here
To Apply onlineClick Here
