Selection Process and Fees of the Programme
The selection process for Probationary Officer will consists of
* Aptitude test
* Group Discussion
* Personal Interview
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 . 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 . 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