when will i know that my application is short listed for exam?
Will I have to pay 3l from my pocket or ICICI will give loan ? After training period how many years do I have to work there?
@arvin:
Icici l provide loan n uh hav to wrk for min 5 years
@switty ohh switty ji ......inna tension kyn lete ho aap......jst attempt all the qstns bt ...rembre there is no negative marks n u should get...min 60%...... Bt overall it should be nearly abt 80-90% so tht u will be defntly in.........n my very close frnd ...who is nw persuing secnd sem in IMA(ICICI manipal academy ) ....frm there only i get all the news....as they r expectng may batch in 2 week of may....
when will i know that my resume has been selected ?
@RONY34232 ...haha 
...actually i dnt hv much patience level...so i always try to clear all my doubt asap.n thanks a lot for this much detail.am studying hard for the apt test.but those figurative question seems very tough for me to solve easily. phir v kaise v kr k solve ho v jata hai but it takes too much time.
...actually i dnt hv much patience level...so i always try to clear all my doubt asap.n thanks a lot for this much detail.am studying hard for the apt test.but those figurative question seems very tough for me to solve easily. phir v kaise v kr k solve ho v jata hai but it takes too much time.
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**)
SOUTH WEST NORTH EAST
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.
1ICICI 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
2ICICI 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
3ICICI 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
4ICICI 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).
5ICICI 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
6ICICI 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
@harish2809 i do hv some previous yrs sample papers. aur kuch download kr liya google se v 
....I have attached ICICI bank papers.
hope these are helpful for your prep.
....I have attached ICICI bank papers.hope these are helpful for your prep.
@switty thanx alott..
How much is the registration fee?
Where will they conduct 1 year training?
Students will be placed in which locations?
Where will they conduct 1 year training?
Students will be placed in which locations?
switty ; hw is the prepration going...?
@mbajamesbond Reg. Fee is nothing.. Training will be conducted by manipal university at bangalore..
Students will be placed anywhere in India..