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Selection Process and Fees of the Training Programme
Selection Process
The selection process for Probationary Officer will consists of
  • Online Aptitude test
  • Online Psychometric Assessment
  • Case-based Group Discussion (GD)
  • Personal Interview (PI)
  • Merit List
*The GD and the PI (only for applicants who successfully clear the GD) will be concluded on the same day.
Fees of the Training Programme
The Probationary Officer Training Programme is a cashless bridge to managerial jobs for aspiring students. To pursue the Probationary Officer Training Programme, the interested students will have to invest 3,59,100 (The course fee of 3,15,000 + Service Tax as applicable which is presently at 14%) which would be provided by ICICI Bank as a loan at a subsidized interest rate of 2.5% p.a. Differential amount, if any, on account of increase in Service Tax at a future date, would be borne by the applicant. This is the fee for the first phase of the PGDB Programme. The fee for Phase II is an additional amount of 1,50,000 which needs to be paid by students who opt for this phase at a later date.
After completion of the Training Programme, the Probationary Officers will be absorbed as Deputy Manager 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 EMI or interest during the training and internship period, the interest accrued during this period would be recovered along with the normal EMI. The EMI is spread over a period of 60 months to ensure that there is minimal impact in the monthly earnings of the Probationary Officer.
However, if the applicant leaves during training or within three 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.