ICICI Bank PO Recruitment 2015
Probationary Officer Training Programme
Probationary Officer Training Programme is an initiative of ICICI Bank to attract young talent who wish to pursue a career in banking. It is designed to develop specialists with banking knowledge and selling skills to fulfil the need of trained bankers. It is a one year training programme, conducted at ICICI Manipal Academy, Bengaluru.
Since its inception in 2007 more than 10,000 students have joined the Bank after undergoing the training at the ICICI Manipal Academy, Bengaluru.
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)
Merit List
*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 3,59,100 (The course fee of 3,15,000 + Service Tax as applicable which is presently at 14%) which would be provided by ICICI Bank as a loan at a subsidized interest rate of 2.5% p.a. Differential amount, if any, on account of increase in Service Tax at a future date, would be borne by the applicant. This is the fee for the first phase of the PGDB Programme. The fee for Phase II is an additional amount of 1,50,000 which needs to be paid by students who opt for this phase at a later date. After completion of the Training Programme, the Probationary Officers will be absorbed as Deputy Manager in the Bank. The loan is to be repaid by Probationary Officers in equated monthly installment (EMI) after joining the Bank.
On absorption in ICICI Bank, the Probationary Officers will be on probation for a period of one year. The gross salary of a Probationary Officer on joining the Bank after training will be around Rs. 4 lakh per annum.