India’s largest private sector bank ICICI Bank has published the recruitment notification for probationary Officers for may 2013 batch.Candidates can apply online through below mentioned link.
Selection Procedure
The selection will be through a multi-stage selection process comprising of:
· Online Aptitude test
· Online Psychometric Assessment
· Case-based Group Discussion (GD)
· Personal Interview (PI)
*The GD and PI (only for those applicants who will clear the GD) will be concluded on the same day.
To pursue the Probationary Officer Training Programme, interested students will have to invest 3.37 lakh (The course fee is Rs. 3 lakh. Along with the applicable service tax at the current rate of 12.36%, the total amount to be paid is Rs. 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.
On successful completion of the training and internship, the Probationary Officers will be absorbed as Assistant Managers (Band I) 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 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 on 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.
The Loan Agreement will have to be signed by the Probationary Officer while joining the campus. However, the Probationary Officer 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 lakh per annum
Eligibility Criteria
Age : Not above 25 yrs of age as on 31-10-2013
Freshers with graduation with 55% Aggregate marks and there should not be anyone in family working with ICICI Bank.
Important Dates
Online registration : Till Jan 31, 2013,
Aptitude Test – Jan/Feb 2012,
GD/Interviews – Feb/Apr 2012.
Two Batches will Join the course in May and Aug 2013,
For More Details
ICICI Bank PO recruitment Syllabus,Pattern of Exam
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