click the below link for applying ..
https://www.icicicareers.com/icici_career/requirementlist.aspx?ReqID=95318&stype;=1
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 pursue a career in
banking. It is an attempt to create specialists with banking knowledge and skills.
2. How can I 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.
3. Which are the locations in which the process is being conducted?
Location for Aptitude Test/Interview (tentative location**)
Bangalore Mumbai Chandigarh Ranchi
Chennai Pune Jaipur Raipur
Coimbatore Ahmedabad Delhi Patna
Hyderabad Nagpur Lucknow Kolkata
Kochi Bhopal Faridabad Guwahati
Madurai Baroda Dehradun Bhubaneshwar
Vizag Rajkot Ludhiana
Vijaywada Jabalpur Udaipur
Trivandrum Indore Kota
Amravati Varanasi
Aurangabad
Kolhapur
** The above centres are likely to change. The final list of centres will be displayed
once the Venue/Date/Time booking opens.
1
ICICI Bank Probationary Officer Training Programme
4. Can employees and relatives of ICICI Bank and other ICICI Group companies apply to the ICICI
Bank Probationary Officer Training Programme?
Blood relatives (Brother, Sister, Spouse and Children) of ICICI Bank employees cannot apply. Blood
relatives of ICICI Group Companies employees can apply.
5. What is the 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.
6. How will you inform me if I am short listed for the selection process?
Short listed applicants will be intimated by email and SMS. A call letter informing about the venue
and date of the process will also be sent through an e-mail.
** Please ensure that your e-mail address & mobile number are updated on www.icicicareers.com
7. When is the selection process being held?
The Aptitude Test is likely to be held in January 2013 followed by Group Discussions/Interviews in
February/April 2013 for the applicants who clear the Aptitude Test.
8. What happens after I am selected?
You will undergo a 9 months intensive residential classroom training and 3 months internship with
2
ICICI Bank Probationary Officer Training Programme
a stipend. 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.
9. What is the total fee that I am required to pay?
The fee for the first phase is Rs. 3.00 lakh plus 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 and if one opts for the second phase, one has to pay Rs. 1.25 lakh (plus
applicable service tax) for the same .
10. How do I as a Probationary Officer stand to benefit as far as the cost of training is concerned?
· The loan is being extended by ICICI Bank at subsidized interest rate of 2.5 % p.a.
· No EMIs/interest will be recovered during the training period when the Probationary Officer
3
ICICI Bank Probationary Officer Training Programme
would be paid stipend/scholarship (Rs. 2500/- during class room training phase of 9 months to
meet the out of pocket expenses & Rs. 10,000/- plus a city allowance during the Internship phase
of 3 months) .
· The EMI/Interest recovery starts only from the 1st salary drawn by the Probationary Officer on
joining the Bank after completion of the training & internship.
· The salary for the Probationary Officer at the grade that he/she would be joining (Assistant
Manager Band I) has been adequately increased to cater for the payment of loan EMI of
approximately Rs. 6,000/- per month.
11. What would be the implications if I were to leave/resign from the Probationary Officer Training
Programme anytime due to unforeseen circumstances?
If, for any reason whatsoever, 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.
· e.g. If a Probationary Officer leaves after 3 months of joining the Training Programme, he would
be required to pay Rs. 3,37,080 + Interest @ 15 % p.a. for 3 months (15% is the prevailing market
rate of interest)
· e.g. If a Probationary Officer leaves 4 months after joining the Bank after completion of the 1 year
Training Programme he would be required to pay Rs. 3,37,080 + Interest @ 15 % p.a. (current
market rate) for 16 Months (12 months training plus 4 months as employee) less EMIs/Interest
already paid.
12. Would I be required to pay any other amount?
Yes. If you are selected as the ICICI Bank Probationary Officer you would be required to deposit
Rs. 10,000/- Admission Security Deposit into ICICI Bank Account before giving acceptance to the
Invitation Letter for the Probationary Officer Training Programme. The procedure for this will be
explained in your Invitation Letter. This amount will be refunded to you on the completion of 90
days' training at the Academy. However, if you do not join the training after confirmation or leave
4
ICICI Bank Probationary Officer Training Programme
the training within 90 days of joining, this amount will be forfeited.
13. What is the Guarantee that ICICI Bank will give job as Assistant Manager after the training and
internship?
All the Probationary Officer selects will be given a job guarantee letter soon after joining for
training at ICICI Manipal Academy. Job will be guaranteed to the Probationary Officer who will
successfully complete the training and internship in the PGDB programme.
14. What would be my salary once I join the Bank after the Training Programme?
Your gross annual salary on joining the Bank will be more than Rs. 4 lakh (Cost To Company).
15. Would I be required to sign any agreement for the loan?
Yes. Loan agreement, as is required for any loan that an individual avails from a bank, would have
to be signed. Processing charges/Stamp Duty of approximately Rs. 310/- or as decided by the
Bank will have to be paid by you for the agreement.
16. What are the areas in which training will be provided?
Applicants joining the Probationary Officer Training Programme will be enrolled for MBA in
Banking and Finance and Manipal University awards the degree.
Course Duration
MBA (Banking & Finance) course duration is for a period of 30 months (2 ½ years) with the
maximum period for completion being 48 months.
MBA (Banking & Finance) program consists of two phases,
Phase I (12 months ):
· Comprising of 12 months of On-campus training (9 months of classroom training & 3 months of
internship in ICICI Bank).
5
ICICI Bank Probationary Officer Training Programme
· On successful completion of the first 12 months of training Probationary Officers will be awarded
the Post Graduate Diploma in Banking from ICICI Manipal Academy.
· On-Campus training is designed to provide banking skills to perform effectively in a banking
environment.
· On successful completion of the first 12 months of training, the Probationary Officers will be
absorbed as Assistant Managers (Band I) in the Bank.
The students are provided with an exit option after successfully completing the first year of the
MBA (Banking & Finance) program. Such students are allowed to exit the MBA program with a
Post Graduate Diploma in Banking (PGDB). However Probationary Officers who wish to continue
with the MBA (Banking & Finance) program are allowed to rejoin the MBA (Banking & Finance)
program within 6 months of their completion of PGDB from IMA campus. Such students, by virtue
of their being Assistant Managers working at different branches/locations of ICICI Bank will be
provided their lectures and study materials online.
Phase II [Optional] (18-30 months ):
· Comprising of 18 months of online training are designed to provide managerial skills to the
students in a working and business environment.
· Probationary Officers who have chosen to continue with their MBA (Banking & Finance) program
can pursue the second phase along with their job at ICICI Bank.
· Second phase will attract tuition fees of Rs 1.25 lakh.
17. When is the Training Programme starting?
There will be two batches who will start undergoing the training at IMA in the first week of May,
2013 and first week of August, 2013.
18. Where will the Training Programme be held?
The Training Programme will be held in Bangalore or any other location in India as decided by
ICICI Bank.
19. Which functional area, location would the Probationary Officers be placed post
6
ICICI Bank Probationary Officer Training Programme
completion of the training and internship?
Specialization in a functional area is decided by the Bank based on the prevailing needs and
business requirements. Further the location of posting is decided by the bank on the basis of
business requirements.
20. When will the application process close?
The last date for applying is 31st January, 2013.
7
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 pursue a career in
banking. It is an attempt to create specialists with banking knowledge and skills.
2. How can I 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.
3. Which are the locations in which the process is being conducted?
Location for Aptitude Test/Interview (tentative location**)
Bangalore Mumbai Chandigarh Ranchi
Chennai Pune Jaipur Raipur
Coimbatore Ahmedabad Delhi Patna
Hyderabad Nagpur Lucknow Kolkata
Kochi Bhopal Faridabad Guwahati
Madurai Baroda Dehradun Bhubaneshwar
Vizag Rajkot Ludhiana
Vijaywada Jabalpur Udaipur
Trivandrum Indore Kota
Amravati Varanasi
Aurangabad
Kolhapur
** The above centres are likely to change. The final list of centres will be displayed
once the Venue/Date/Time booking opens.
1
ICICI Bank Probationary Officer Training Programme
4. Can employees and relatives of ICICI Bank and other ICICI Group companies apply to the ICICI
Bank Probationary Officer Training Programme?
Blood relatives (Brother, Sister, Spouse and Children) of ICICI Bank employees cannot apply. Blood
relatives of ICICI Group Companies employees can apply.
5. What is the 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.
6. How will you inform me if I am short listed for the selection process?
Short listed applicants will be intimated by email and SMS. A call letter informing about the venue
and date of the process will also be sent through an e-mail.
** Please ensure that your e-mail address & mobile number are updated on www.icicicareers.com
7. When is the selection process being held?
The Aptitude Test is likely to be held in January 2013 followed by Group Discussions/Interviews in
February/April 2013 for the applicants who clear the Aptitude Test.
8. What happens after I am selected?
You will undergo a 9 months intensive residential classroom training and 3 months internship with
2
ICICI Bank Probationary Officer Training Programme
a stipend. 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.
9. What is the total fee that I am required to pay?
The fee for the first phase is Rs. 3.00 lakh plus 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 and if one opts for the second phase, one has to pay Rs. 1.25 lakh (plus
applicable service tax) for the same .
10. How do I as a Probationary Officer stand to benefit as far as the cost of training is concerned?
· The loan is being extended by ICICI Bank at subsidized interest rate of 2.5 % p.a.
· No EMIs/interest will be recovered during the training period when the Probationary Officer
3
ICICI Bank Probationary Officer Training Programme
would be paid stipend/scholarship (Rs. 2500/- during class room training phase of 9 months to
meet the out of pocket expenses & Rs. 10,000/- plus a city allowance during the Internship phase
of 3 months) .
· The EMI/Interest recovery starts only from the 1st salary drawn by the Probationary Officer on
joining the Bank after completion of the training & internship.
· The salary for the Probationary Officer at the grade that he/she would be joining (Assistant
Manager Band I) has been adequately increased to cater for the payment of loan EMI of
approximately Rs. 6,000/- per month.
11. What would be the implications if I were to leave/resign from the Probationary Officer Training
Programme anytime due to unforeseen circumstances?
If, for any reason whatsoever, 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.
· e.g. If a Probationary Officer leaves after 3 months of joining the Training Programme, he would
be required to pay Rs. 3,37,080 + Interest @ 15 % p.a. for 3 months (15% is the prevailing market
rate of interest)
· e.g. If a Probationary Officer leaves 4 months after joining the Bank after completion of the 1 year
Training Programme he would be required to pay Rs. 3,37,080 + Interest @ 15 % p.a. (current
market rate) for 16 Months (12 months training plus 4 months as employee) less EMIs/Interest
already paid.
12. Would I be required to pay any other amount?
Yes. If you are selected as the ICICI Bank Probationary Officer you would be required to deposit
Rs. 10,000/- Admission Security Deposit into ICICI Bank Account before giving acceptance to the
Invitation Letter for the Probationary Officer Training Programme. The procedure for this will be
explained in your Invitation Letter. This amount will be refunded to you on the completion of 90
days' training at the Academy. However, if you do not join the training after confirmation or leave
4
ICICI Bank Probationary Officer Training Programme
the training within 90 days of joining, this amount will be forfeited.
13. What is the Guarantee that ICICI Bank will give job as Assistant Manager after the training and
internship?
All the Probationary Officer selects will be given a job guarantee letter soon after joining for
training at ICICI Manipal Academy. Job will be guaranteed to the Probationary Officer who will
successfully complete the training and internship in the PGDB programme.
14. What would be my salary once I join the Bank after the Training Programme?
Your gross annual salary on joining the Bank will be more than Rs. 4 lakh (Cost To Company).
15. Would I be required to sign any agreement for the loan?
Yes. Loan agreement, as is required for any loan that an individual avails from a bank, would have
to be signed. Processing charges/Stamp Duty of approximately Rs. 310/- or as decided by the
Bank will have to be paid by you for the agreement.
16. What are the areas in which training will be provided?
Applicants joining the Probationary Officer Training Programme will be enrolled for MBA in
Banking and Finance and Manipal University awards the degree.
Course Duration
MBA (Banking & Finance) course duration is for a period of 30 months (2 ½ years) with the
maximum period for completion being 48 months.
MBA (Banking & Finance) program consists of two phases,
Phase I (12 months ):
· Comprising of 12 months of On-campus training (9 months of classroom training & 3 months of
internship in ICICI Bank).
5
ICICI Bank Probationary Officer Training Programme
· On successful completion of the first 12 months of training Probationary Officers will be awarded
the Post Graduate Diploma in Banking from ICICI Manipal Academy.
· On-Campus training is designed to provide banking skills to perform effectively in a banking
environment.
· On successful completion of the first 12 months of training, the Probationary Officers will be
absorbed as Assistant Managers (Band I) in the Bank.
The students are provided with an exit option after successfully completing the first year of the
MBA (Banking & Finance) program. Such students are allowed to exit the MBA program with a
Post Graduate Diploma in Banking (PGDB). However Probationary Officers who wish to continue
with the MBA (Banking & Finance) program are allowed to rejoin the MBA (Banking & Finance)
program within 6 months of their completion of PGDB from IMA campus. Such students, by virtue
of their being Assistant Managers working at different branches/locations of ICICI Bank will be
provided their lectures and study materials online.
Phase II [Optional] (18-30 months ):
· Comprising of 18 months of online training are designed to provide managerial skills to the
students in a working and business environment.
· Probationary Officers who have chosen to continue with their MBA (Banking & Finance) program
can pursue the second phase along with their job at ICICI Bank.
· Second phase will attract tuition fees of Rs 1.25 lakh.
17. When is the Training Programme starting?
There will be two batches who will start undergoing the training at IMA in the first week of May,
2013 and first week of August, 2013.
18. Where will the Training Programme be held?
The Training Programme will be held in Bangalore or any other location in India as decided by
ICICI Bank.
19. Which functional area, location would the Probationary Officers be placed post
6
ICICI Bank Probationary Officer Training Programme
completion of the training and internship?
Specialization in a functional area is decided by the Bank based on the prevailing needs and
business requirements. Further the location of posting is decided by the bank on the basis of
business requirements.
20. When will the application process close?
The last date for applying is 31st January, 2013.
7
******* ICICI PO Program********
The most famous question that everybody is asking in forums is :
1) what sales job is??? or what is Sales Profile for ICICI PO????
To find out this answer I have done bit research and I have asked the same question to some of our seniors who already done with this program and working in the organization.
The Answer which I have got in discussions I am posting as it is please look at it: ---
Vikas Chaurasia (Working in ICICI since 2009)
In icici there is concept of cross selling even if you are the branch manager and I think it €™s not too difficult.
Sachin Arora (Working for last 1 year in ICICI Bank as PO)
Dear Pranay, first thing in PO program profile is never sure what u'll get after 9 months of training. Secondly in sales it depends on the retail or corporate sales. In retail sales pressures are always higher. Retail can consists of personal loan, home loan cards, etc so in that pressures are always on higher side.
And things are always achievable. If u have that will to do so.
Bunty Talk (Working for last 1.5 year in ICICI Bank as PO)
Q)Kay ICICI me Sales job Bohot tough hota hai????
Ans:-- nhi hai aisa
mere bahut saare dost ab maze kar rahe hai
2-3 mahine taklif hua per ab to sab set ho gaye hai.....:)
Sandip Wason (worked for 3 Year in ICICI)
€œsee bro icici bank is not the wrong place to be i will tell u this if u work good u ll get the rewards i wll tll u bout myself spent 3 years with icici got promoted to scale 2 but i had my calling in some other direction so i left ibank to join police services but one thing i can assure u tat if u join icici its going to make a man out of u and who knows u will get branch banking there are backend verrticlas too which are best €?
the targets are huge yet achievable but once in awhile u ll think bout it that why i wasted 9 month in getting all knowledge about banking when all that matters was sales ....but u know what those 9 months are going to be the best of ur life
Parveen Sirohi(Working in ICICI Since 2009)
dear Pranay, icici bank is really a good organization to work with it. u will see that sales pressure in private bank is almost same every where. but u will found less pressure in icici as compare to other bank
I joined bank in 2009 . I have been already promoted last year. and I can`t tell u much more abt the policy of bank on public forum 2 the seller band of AM in our bank is 4 lakh including bonus and all 3 it not like that , PO`s are posted in different department of bank like loans ,branch banking, trade, forx, back office etc...but yes branch banking people have more sales pressure thn other one 4 ...i don`t understand the meaning of heavy target...targets are in every organization......then why r u afraid abt this thing...u also have some target for ur own life as well......
Special Thanks to Vikas Chaurasia, Sachin Arora , Bunty Talk, Sandip Wason and Parveen Sirohi
Post is bit long but still effective......
Note: All Comments Made by respective person are there own views ...........so take your won decisions by yourself....
If you like this post please click on Like and share your Valuable views on this.
Special Request to seniors please share your precious comment.........:D
The most famous question that everybody is asking in forums is :
1) what sales job is??? or what is Sales Profile for ICICI PO????
To find out this answer I have done bit research and I have asked the same question to some of our seniors who already done with this program and working in the organization.
The Answer which I have got in discussions I am posting as it is please look at it: ---
Vikas Chaurasia (Working in ICICI since 2009)
In icici there is concept of cross selling even if you are the branch manager and I think it €™s not too difficult.
Sachin Arora (Working for last 1 year in ICICI Bank as PO)
Dear Pranay, first thing in PO program profile is never sure what u'll get after 9 months of training. Secondly in sales it depends on the retail or corporate sales. In retail sales pressures are always higher. Retail can consists of personal loan, home loan cards, etc so in that pressures are always on higher side.
And things are always achievable. If u have that will to do so.
Bunty Talk (Working for last 1.5 year in ICICI Bank as PO)
Q)Kay ICICI me Sales job Bohot tough hota hai????
Ans:-- nhi hai aisa
mere bahut saare dost ab maze kar rahe hai
2-3 mahine taklif hua per ab to sab set ho gaye hai.....:)
Sandip Wason (worked for 3 Year in ICICI)
€œsee bro icici bank is not the wrong place to be i will tell u this if u work good u ll get the rewards i wll tll u bout myself spent 3 years with icici got promoted to scale 2 but i had my calling in some other direction so i left ibank to join police services but one thing i can assure u tat if u join icici its going to make a man out of u and who knows u will get branch banking there are backend verrticlas too which are best €?
the targets are huge yet achievable but once in awhile u ll think bout it that why i wasted 9 month in getting all knowledge about banking when all that matters was sales ....but u know what those 9 months are going to be the best of ur life
Parveen Sirohi(Working in ICICI Since 2009)
dear Pranay, icici bank is really a good organization to work with it. u will see that sales pressure in private bank is almost same every where. but u will found less pressure in icici as compare to other bank
I joined bank in 2009 . I have been already promoted last year. and I can`t tell u much more abt the policy of bank on public forum 2 the seller band of AM in our bank is 4 lakh including bonus and all 3 it not like that , PO`s are posted in different department of bank like loans ,branch banking, trade, forx, back office etc...but yes branch banking people have more sales pressure thn other one 4 ...i don`t understand the meaning of heavy target...targets are in every organization......then why r u afraid abt this thing...u also have some target for ur own life as well......
Special Thanks to Vikas Chaurasia, Sachin Arora , Bunty Talk, Sandip Wason and Parveen Sirohi
Post is bit long but still effective......
Note: All Comments Made by respective person are there own views ...........so take your won decisions by yourself....
If you like this post please click on Like and share your Valuable views on this.
Special Request to seniors please share your precious comment.........:D
Q)What is take home salary of ICICI PO.?????What is PF????What is HRA????What is …….etc….???? So many questions ……
For your all question I have only one document. That is ICICI PO employee Nov. 2012 salary pay slip...
Total CTC: In between 4.2 to 4.5 Lack Per Annum.
In 4.2 to 4.5 pa
Rs.4500 to 5000 Performance bonus which will cut every moth. As per this For every year Rs.60000 Bonus amount will cut form you salary which is completely dependent on your Performance if you perform well then only your rating will be good and if you get good rating you will get complete 60000 at the year end in March . But most of the people are getting Rs.40000 to Rs.50000 pa.(Not compete 60000) so perform well and get salary.
Salary As per 4 Metro cities:-
Total Salary :----- 35000 pm Approximate
_____________ - 4500 Performance Bonus
_____________ - 2500 Provident Fund(PF)
_____________ - 6000 Loan Amount (Approximate)
______________________________________________
Take Home :--RS.22000 pm Approximate
Salary in 4 Metro cities: - Rs.21000---24000
Salary in Urban or Semi Urban cities: - Rs.20000---22000
Salary in Rural Areas: - Rs.18000---20000
If you are in Sales Department and you have achieved all targets and you are doing extra targets then you have incentives and Commission so your salary will be increase by 2000 to 5000 pm .....
For your all question I have only one document. That is ICICI PO employee Nov. 2012 salary pay slip...
Total CTC: In between 4.2 to 4.5 Lack Per Annum.
In 4.2 to 4.5 pa
Rs.4500 to 5000 Performance bonus which will cut every moth. As per this For every year Rs.60000 Bonus amount will cut form you salary which is completely dependent on your Performance if you perform well then only your rating will be good and if you get good rating you will get complete 60000 at the year end in March . But most of the people are getting Rs.40000 to Rs.50000 pa.(Not compete 60000) so perform well and get salary.
Salary As per 4 Metro cities:-
Total Salary :----- 35000 pm Approximate
_____________ - 4500 Performance Bonus
_____________ - 2500 Provident Fund(PF)
_____________ - 6000 Loan Amount (Approximate)
______________________________________________
Take Home :--RS.22000 pm Approximate
Salary in 4 Metro cities: - Rs.21000---24000
Salary in Urban or Semi Urban cities: - Rs.20000---22000
Salary in Rural Areas: - Rs.18000---20000
If you are in Sales Department and you have achieved all targets and you are doing extra targets then you have incentives and Commission so your salary will be increase by 2000 to 5000 pm .....
PROS AND CONS OF JOINING IMA(ICICI PO Program):------
Pros :
1) Salary is good (Same as big MNCs)
2) You will get 5 year ICICI Bank Exp.,By using which you can apply for all Financial as well as IT companies .As new banks like Reliance and Tata are coming in to Market ,big opportunity in banking industry.(Far better than IT Industry,where Lay-off is common thing)
3) If you perform well then your job will be secure and easy promotions for Manager or subsequent grades.
4)Last but not the least you will have respect in society as Officer in Bank.
Cons:
1) 5 year Bond(You can leave by paying Money).
2) Struggle for one year in IMA.(Depends on you how you take it positive or negative)
3) Transferable Job.(State wise or may be city or village wise)
4) If you get Sales Departments High targets(Depends on your performance ,But Still achievable ). Politics in some Branches(Depends on your Luck which branch you will get).Boss words are Final means €œPathaar ki lakkirr €?( Universal Truth).
NOTE:--These all are my views.Views are differs Man to Man.......so take your own decision..............:D
If you agree with this please click on Like and share your valuable comments......:D
Special request to senior...please give your view on this....:)
Pros :
1) Salary is good (Same as big MNCs)
2) You will get 5 year ICICI Bank Exp.,By using which you can apply for all Financial as well as IT companies .As new banks like Reliance and Tata are coming in to Market ,big opportunity in banking industry.(Far better than IT Industry,where Lay-off is common thing)
3) If you perform well then your job will be secure and easy promotions for Manager or subsequent grades.
4)Last but not the least you will have respect in society as Officer in Bank.
Cons:
1) 5 year Bond(You can leave by paying Money).
2) Struggle for one year in IMA.(Depends on you how you take it positive or negative)
3) Transferable Job.(State wise or may be city or village wise)
4) If you get Sales Departments High targets(Depends on your performance ,But Still achievable ). Politics in some Branches(Depends on your Luck which branch you will get).Boss words are Final means €œPathaar ki lakkirr €?( Universal Truth).
NOTE:--These all are my views.Views are differs Man to Man.......so take your own decision..............:D
If you agree with this please click on Like and share your valuable comments......:D
Special request to senior...please give your view on this....:)
Anyone else facin the same problem..
icici helpdesk is of no use..mails not responded..calls not attended
anyone knows here that what is shortlisting criteria of application.....???
i have submitted the application form, and 've got id and password. Now what next? On what basis my application will be accepted by them and i will be allowed to appear for examination? what about entrance exam fees?
is it necessary to upload resume while filling application form for written examination? or filling the fields in the given form are enough?
does private banks holds PO exam??????i dont think its necessary
then what about selection process? Psychometric assessment and aptitude tests?
there is no application fee. I applied recently and cleared all the phases but i dnt knw y they didnt select me. so m applying once again
Actually I have a dobt aur vo ye hai ki kya hum logo ko mba karna zaruri he vo bhi manipal academy me....?
i had filled the application form without resume once.and again with attaching resume.i have got two reg. no.s.will that create any problem in shortlisting?
@Junonadi @pranavrajd I had applied for Jan 2013 course but didn`t yet received any mail regarding exam date and venue. Can anybody tell when its likely to happen and whats the shortlisting criteria?
Same bro .. Last date for applyng 31 jan .. Aftr that v l get selected to book test slotz