Axis Bank Young Bankers Program

Axis Bank

Axis Bank Young Bankers Program

Launching the 5th batch of Axis Bank Young Bankers Program - 2013

About Us:

Axis Bank was the first of the new private banks to have begun operations in 1994, after the Government of India allowed new private banks to be established. Axis Bank is now the third largest Private Sector bank of the country. The Bank has a very wide network of more than 1787 domestic & 7 overseas branches. The Bank has a network of over 10,363 ATMs (as on 31st Dec, 2012) providing 24 hrs a day banking convenience to its customers. This is one of the largest ATM networks in the country. The Bank has strengths in both retail and corporate banking and is committed to adopting the best industry practices internationally in order to achieve excellence

About Axis Bank Young Bankers (ABYB) Program

Axis Bank Young Bankers (ABYB) Program is an endeavour by Axis Bank in association with Manipal Global Education to nurture industry leaders of the future by imparting domain expertise and skill set in the field of Banking.

Our Objective is to create a talent pool of young bankers by equipping graduates with necessary banking knowledge and skills.

Axis Bank Young Bankers Programme is a one year, full time residential programme which will be conducted at Manipal Banking Training Campus at Bangalore.On successful completion of ABYB Program, students will be awarded a Post Graduate Diploma in Banking Services (PGDBS) and also absorbed as Assistant Managers in the Bank.

Salient features of the Axis Bank Young Bankers Program:

  • Comprehensive curriculum with classroom training and internship (with a stipend)
  • ABYB Program will impart knowledge and skills in Core Banking, etiquette & grooming and enhanced communication skills
  • The classroom sessions will be of 9 month duration and Internship of 3 months can be at any Axis Bank branch/office across India
  • Young Bankers will be paid a monthly stipend of Rs.5,000/- per month for the first 9 months to meet the out of pocket expenses and Rs.12,000/- per month during the internship towards their living expenses
  • Assured employment with Axis Bank upon successful completion of the Program
  • Gross Salary of Rs. 3.71 lakhs per annum (This is inclusive of Loan benefits and Indicative Performance linked Bonus plus Retrials . Break-up of the same is given in Stipend & Salary section)

The eligibility criteria for applying for admission are:

Age: Age limit 25 years, born on or after 1st April, 1988

Qualification: Graduates from any stream, with 55% and above in their graduation and a consistent academic performance.

Salary

On successful completion of the course the student would be absorbed as an Assistant Manager in the Bank with a gross CTC (cost to company) of Rs. 3.71 lakhs per annum (This is inclusive of Loan benefits and Indicative Performance linked Bonus plus Retrials). Breakup of the same is as shown below.

CTC Break-up Amount
FixedGross CTC Rs. 2,28,600/-
Retirals Rs. 23,112/-
StaffLoan Benefit Rs. 65,450/-
Performance Bonus Rs. 54,000/-
Total Gross CTC Rs. 3,71,352/-

Selection Process

The selection will be through a two stage selection process, which is aimed at selecting candidates who are most likely to succeed at various Branch banking roles offered by the Bank. The Bank is looking for candidates with high integrity, who are dedicated towards work, with positive attitude and good communication skills.

Candidates shall be selected by Axis Bank through a selection process consisting of an online Aptitude test followed by an interview.

Aptitude Test: The Aptitude test will be of 2 hour duration and will be administered online. The test will assess the proficiency of candidates in the areas of:

  • Logic and Reasoning Skills
  • English Language Skills
  • Quantitative/Numerical ability
  • Personality Assessments

Bank reserves the right to hold a second stage of Aptitude test (if required for any reason) at its own discretion.

Personal Interview: All the applicants who successfully clear the Aptitude test will be invited for a Personal Interview.

Fee:

After completion of the online registration, Application fee of Rs.500/- (inclusive of taxes) to be paid through Demand Draft / Cash mode at any of the Axis Bank Branches before 1st September,2013.

Application Fee Payment Details:

Cash: Denomination Rs.100 and above only

Demand Draft ( DD): DD number & date must be fill up in the deposit slip

The DD must be in favor of “Axis Bank Young Bankers“payable at Bangalore

Kindly furnish all the details mentioned on the deposit slip and submit the same over the counter in any designated Axis Bank branch.

Important fields to capture while filling the Deposit Slip:

  • Full Name
  • Address
  • Phone number

Mode of Payment: Application fee payments to be made to Account No: 913020038425146

Payment will need to be through Demand Draft or Cash only. No Cheque/NEFT/RTGS will be accepted. All payments to be accompanied with the Deposit Slip duly filled, at the nearest Axis Bank Branch.

Fees will be payable as per the payment schedule below.

Trimester Due Date Amount
1st Trimester In advance on or before the commencement of every batch Rupees one lakh only (Rs.1,00,000/-) plus applicable taxes
2nd Trimester 15 days In advance before the commencement of 2nd Trimester for a particular batch Rupees one lakh only (Rs.1,00,000/-) plus applicable taxes
3rd  Trimester 15 days In advance before the commencement of 3rd Trimester for a particular batch Rupees one lakh only (Rs.1,00,000/-) plus applicable taxes

How to Apply

Axis Bank has entered into a tie-up with Manipal Global Education to create the Axis Bank Young Bankers (ABYB) program offering a Post Graduate Diploma in Banking Services (PGDBS) and a guaranteed job with Axis Bank on successful completion. Click Here To Apply Online

Important Links:

Launching the 5th batch of Axis Bank Young Bankers Program. Last date to apply is 1st September 2013.

Courtesy : Axis Bank

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