ICICI Bank Probationary Officer Training Programme

1. What is the objective of ICICI Bank Probationary Officer Training Programme? It is an initiative of ICICI Bank to attract young talent from across the country to ursue a career in banking. It is an attem t to create s ecialists !ith banking kno!le"ge an" skills. #. $o! can I a ly? lication form online. Test &ates ' %ocations !ill

%og on to !!!.icicicareers.com an" fill u the a

be announce" at a later "ate for !hich you !ill get an e(mail)*+*. ,. Which are the locations in !hich the rocess is being con"ucte"?

%ocation for - titu"e Test)Intervie! .tentative location//0 *O1T$ Bangalore Chennai Coimbatore $y"eraba" 6ochi +a"urai 9i:ag 9ijay!a"a Trivan"rum W2*T +umbai Pune -hme"aba" 3ag ur Bho al Baro"a 4ajkot 5abal ur In"ore -mravati -urangaba" 6olha ur // The above centres are likely to change. The final list of centres !ill be "is laye" once the 9enue)&ate)Time booking o ens. 3O4T$ Chan"igarh 5ai ur &elhi %uckno! 7ari"aba" &ehra"un %u"hiana 1"ai ur 6ota 9aranasi 2-*T 4anchi 4ai ur Patna 6olkata 8u!ahati Bhubanesh!ar

ICICI Bank Probationary Officer Training Programme ;. Can em loyees an" relatives of ICICI Bank an" other ICICI 8rou com anies a Bank Probationary Officer Training Programme? Bloo" relatives .Brother< *ister< * ouse an" Chil"ren0 of ICICI Bank em loyees cannot a relatives of ICICI 8rou Com anies em loyees can a =. What is the selection roce"ure? The selection !ill be through a multi(stage selection rocess com rising of> ? Online - titu"e test ? Online Psychometric -ssessment ? Case(base" 8rou &iscussion .8&0 ? Personal Intervie! .PI0 /The 8& an" PI .only for those a "ay. @. $o! !ill you inform me if I am short liste" for the selection rocess? *hort liste" a licants !ill be intimate" by email an" *+*. - call letter informing about the venue licants !ho !ill clear the 8&0 !ill be conclu"e" on the same ly. ly. Bloo" ly to the ICICI

an" "ate of the rocess !ill also be sent through an e(mail. // Please ensure that your e(mail a""ress ' mobile number are u "ate" on !!!.icicicareers.com

A. When is the selection rocess being hel"? The - titu"e Test is likely to be hel" in 7ebruary #B1, follo!e" by 8rou &iscussions)Intervie!s in 7ebruary)- ril #B1, for the a C. What ha licants !ho clear the - titu"e Test.

ens after I am selecte"?

Dou !ill un"ergo a E months intensive resi"ential classroom training an" , months internshi !ith

ICICI Bank Probationary Officer Training Programme a sti en". To ursue the Probationary Officer Training Programme< intereste" stu"ents !ill have to invest 4s. ,.,A lakh .The course fee is 4s. , lakh. -long !ith the a the loan< the revalent service taF rates !ill a loan at a subsi"i:e" interest rate of #.=G .a. On successful com letion of the training an" internshi < the Probationary Officers !ill be absorbe" as -ssistant +anagers .Ban" I0 in the Bank. The loan is to be re ai" by Probationary Officers in eHuate" monthly installment .2+I0 after joining the Bank. There !oul" be no recovery of 2+Is or interest "uring the training erio". The interest accrue" "uring this erio" !oul" be recovere" along !ith the normal 2+Is. The 2+Is are s rea" over a erio" of @B months to ensure that there is minimal im act on the monthly earnings of the Probationary Officer. $o!ever< if the a licant leaves "uring training or !ithin five years of joining ICICI Bank after training< ICICI Bank rinci al an" the interest at market rate on the entire loan amount for the erio" that the amount !as given as a loan to the Probationary Officer. The %oan -greement !ill have to be signe" by the Probationary Officer !hile joining the cam us. $o!ever< the Probationary Officer !ill have to get the 8uarantor form rea"y before joining the cam us for training. The gross salary on joining the Bank after training !ill be more than 4s. ; lakh er annum. E. What is the total fee that I am reHuire" to ay? The fee for the first hase is 4s. ,.BB lakh lus a service taF rates !ill a a licable service taF at the current rate of 1#.,@G< !oul" recover the licable service taF at the current rate of 1#.,@G< the total amount to be ai" is 4s. ,.,A lakh. $o!ever< "uring re ayment of ly 0 !hich !oul" be rovi"e" by ICICI Bank as a

the total amount to be ai" is 4s. ,.,A lakh. $o!ever< "uring re ayment of the loan< the revalent ly an" if one o ts for the secon" hase< one has to ay 4s. 1.#= lakh . lus licable service taF0 for the same .

1B. $o! "o I as a Probationary Officer stan" to benefit as far as the cost of training is concerne"? ? The loan is being eFten"e" by ICICI Bank at subsi"i:e" interest rate of #.= G ? 3o 2+Is)interest !ill be recovere" "uring the training .a.

erio" !hen the Probationary Officer

ICICI Bank Probationary Officer Training Programme !oul" be ai" sti en")scholarshi .4s. #=BB)( "uring class room training hase of E months to hase

meet the out of ocket eF enses ' 4s. 1B<BBB)( lus a city allo!ance "uring the Internshi of , months0 .

? The 2+I)Interest recovery starts only from the 1st salary "ra!n by the Probationary Officer on joining the Bank after com letion of the training ' internshi . ? The salary for the Probationary Officer at the gra"e that he)she !oul" be joining .-ssistant +anager Ban" I0 has been a"eHuately increase" to cater for the a roFimately 4s. @<BBB)( er month. ayment of loan 2+I of

11. What !oul" be the im lications if I !ere to leave)resign from the Probationary Officer Training Programme anytime "ue to unforeseen circumstances? If< for any reason !hatsoever< the a the entire loan amount for the Officer. ? e.g. If a Probationary Officer leaves after , months of joining the Training Programme< he !oul" be reHuire" to ay 4s. ,<,A<BCB I Interest J 1= G .a. for , months .1=G is the revailing market rate of interest0 ? e.g. If a Probationary Officer leaves ; months after joining the Bank after com letion of the 1 year Training Programme he !oul" be reHuire" to alrea"y ai". 1#. Woul" I be reHuire" to ay any other amount? Des. If you are selecte" as the ICICI Bank Probationary Officer you !oul" be reHuire" to "e osit 4s. 1B<BBB)( -"mission *ecurity &e osit into ICICI Bank -ccount before giving acce tance to the Invitation %etter for the Probationary Officer Training Programme. The roce"ure for this !ill be eF laine" in your Invitation %etter. This amount !ill be refun"e" to you on the com letion of EB "aysK training at the -ca"emy. $o!ever< if you "o not join the training after confirmation or leave ay 4s. ,<,A<BCB I Interest J 1= G .a. .current market rate0 for 1@ +onths .1# months training lus ; months as em loyee0 less 2+Is)Interest licant leaves "uring training or !ithin five years of joining

ICICI Bank after training< ICICI Bank !oul" recover the rinci al an" the interest at market rate on erio" that the amount !as given as a loan to the Probationary

ICICI Bank Probationary Officer Training Programme the training !ithin EB "ays of joining< this amount !ill be forfeite". 1,. What is the 8uarantee that ICICI Bank !ill give job as -ssistant +anager after the training an" internshi ? -ll the Probationary Officer selects !ill be given a job guarantee letter soon after joining for training at ICICI +ani al -ca"emy. 5ob !ill be guarantee" to the Probationary Officer !ho !ill successfully com lete the training an" internshi in the P8&B rogramme. 1;. What !oul" be my salary once I join the Bank after the Training Programme? Dour gross annual salary on joining the Bank !ill be more than 4s. ; lakh .Cost To Com any0. 1=. Woul" I be reHuire" to sign any agreement for the loan? Des. %oan agreement< as is reHuire" for any loan that an in"ivi"ual avails from a bank< !oul" have to be signe". Processing charges)*tam &uty of a roFimately 4s. ,1B)( or as "eci"e" by the Bank !ill have to be ai" by you for the agreement. 1@. What are the areas in !hich training !ill be rovi"e"? licants joining the Probationary Officer Training Programme !ill be enrolle" for +B- in

Banking an" 7inance an" +ani al 1niversity a!ar"s the "egree. Course &uration +B- .Banking ' 7inance0 course "uration is for a maFimum erio" for com letion being ;C months. +B- .Banking ' 7inance0 rogram consists of t!o hases< Phase I .1# months 0> ? Com rising of 1# months of On(cam us training .E months of classroom training ' , months of internshi in ICICI Bank0. erio" of ,B months .# L years0 !ith the

ICICI Bank Probationary Officer Training Programme ? On successful com letion of the first 1# months of training Probationary Officers !ill be a!ar"e" the Post 8ra"uate &i loma in Banking from ICICI +ani al -ca"emy. ? On(Cam us training is "esigne" to environment. ? On successful com letion of the first 1# months of training< the Probationary Officers !ill be absorbe" as -ssistant +anagers .Ban" I0 in the Bank. The stu"ents are rovi"e" !ith an eFit o tion after successfully com leting the first year of the +B- .Banking ' 7inance0 rogram. *uch stu"ents are allo!e" to eFit the +Brogram !ith a Post 8ra"uate &i loma in Banking .P8&B0. $o!ever Probationary Officers !ho !ish to continue !ith the +B- .Banking ' 7inance0 rogram are allo!e" to rejoin the +B- .Banking ' 7inance0 rogram !ithin @ months of their com letion of P8&B from I+- cam us. *uch stu"ents< by virtue of their being -ssistant +anagers !orking at "ifferent branches)locations of ICICI Bank !ill be rovi"e" their lectures an" stu"y materials online. Phase II MO tionalN .1C(,B months 0> ? Com rising of 1C months of online training are "esigne" to stu"ents in a !orking an" business environment. ? Probationary Officers !ho have chosen to continue !ith their +B- .Banking ' 7inance0 rogram can ursue the secon" hase along !ith their job at ICICI Bank. ? *econ" hase !ill attract tuition fees of 4s 1.#= lakh. 1A. When is the Training Programme starting? There !ill be t!o batches !ho !ill start un"ergoing the training at I+- in the first !eek of +ay< #B1, an" first !eek of -ugust< #B1,. 1C. Where !ill the Training Programme be hel"? The Training Programme !ill be hel" in Bangalore or any other location in In"ia as "eci"e" by ICICI Bank. 1E. Which functional area< location !oul" the Probationary Officers be lace" ost rovi"e managerial skills to the rovi"e banking skills to erform effectively in a banking

ICICI Bank Probationary Officer Training Programme com letion of the training an" internshi ? * eciali:ation in a functional area is "eci"e" by the Bank base" on the business reHuirements. 7urther the location of business reHuirements. #B. When !ill the a lication rocess close? revailing nee"s an"

osting is "eci"e" by the bank on the basis of

The last "ate for a

lying is Ath 7ebruary< #B1,.