ICICI Bank Probationary Officer
Selection Process and Fees of the Programme
Probationary Officer Recruitment is an initiative by ICICI Bank to attract
bright graduate students to pursue a career in banking. It is designed to
develop specialists with banking knowledge and skills to partially fulfill the
need for trained bankers.
Those selected will undergo a one year intensive residential classroom training
and internship. During the training, a stipend will be given to Probationary
Officers to meet out of pocket expenses. On successful completion of the
training they will be absorbed as Assistant Manager (Band One).
At ICICI Bank, the selection process aims at getting applicants who are
likely to succeed at various roles in the Bank. The Endeavour is to select
people who have a high service orientation, are passionate about their career
goals, and who display integrity and ethics in all engagements.
Depending on the level of recruitment, the selection process consists of
- Aptitude Test
- Group Discussion
- Personal Interview
Aptitude Test :-> Designed for entry
level jobs in the Bank, the aptitude test aims to assess basic aptitude of
applicants including Numerical, Verbal comprehension, logical reasoning and
basic checking abilities.
Instruction About Aptitude Test
Since the tests are based on numeric and verbal ability, it is advisable
that applicants practice basic mathematics and verbal comprehension skills.
Before the actual test, you will be given practice examples to try - make
sure you ask questions if anything is unclear at this stage.
Group Discussion:-> Based on case
studies, the group discussions are mainly conducted to judge applicants on their
analytical thinking, approach to hypothetical business situations and the
ability to break down complex problems to arrive at simple solutions.
Personal Interview:-> All applicants are
expected to go through the interview round, which is the final step in the
Instruction About Interview
Punctuality is important, never be late on the big day. Try to reach 30 min
before the actual schedule. This reflects your seriousness for your application.
Assemble all necessary papers like resume, mark-sheets etc, one day prior to
You must prepare yourself practically for the interview and gather
information that may be useful in the interview.
Brushing up on your academics, past work experience is certainly helpful.
Professional dressing always helps create a good impression.
During interview always be enthusiastic. Focus on your positive achievements
Maintain eye contact with everyone on the panel and not just the panelist
who asked the question
Fees of the Programme
The PO training is a Cashless Bridge to managerial jobs for aspiring
students. To pursue the PO Training, the interested students will have to invest
Rs. 2.75 Lacs which would be provided by ICICI Bank as a subsidized loan of
2.5%. After completion of the Training, the POs will be absorbed as Assistant
Managers in the Bank. The EMI for the loan would start once the POs have joined
the bank. There would be no recovery of EMI or interest during the training
period, the interest accrued during this period would be recovered along with
the normal EMI. The EMI are spread over a period of 60 months to ensure that
there is minimal impact in the monthly earnings of the PO. On successful
completion of 60 months of service, the bank will give incentive of Rs. 2.75
Lacs to the Probationary Officer. However, if the applicant Leaves during
training / Leaves within five years of joining ICICI Bank after training, ICICI
Bank would recover the interest at market rate on the entire loaned amount for
the period that the amount was loaned to the PO, plus the outstanding loan.
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