There are good number of youngsters looking for private bank jobs in India, although in small numbers, If you were thinking of those banks to recruit only from top B-schools, you are wrong.They also appoint candidates through direct recruitments.Here we explain about the steps involved in searching and applying for jobs in top private banks.
IBPS (Insititute of Banking Personnel Selection) conducts a common written examination (CWE) for PO, clerk & specialist officer posts in 20 public sector banks.A detailed IBPS exam calendar is released at the start of every year as well.
But IBPS does NOT cover private banks, which means you cannot apply for jobs in private banks after passing in any IBPS exam.
|It also important for you to know about the differences between public and private banks as the work culture involved is completely different in each.|
Indian or International Banks?
Some of the popular private banks in India are HDFC bank, ICICI Bank, Axis bank, Federal bank, IndusInd bank, Catholic syrian bank, Yes bank etc.,
They have strong presence across states & advertise vacancies on their websites regularly.Candidates who satisfy the eligibility conditions can directly send their resumes online.
Apart from these national players, there are few international banks too such as Standard Chartered, American Express, Bank of America, Royal bank of Scotland, Citibank etc.,
Foreign banks are not present in all Indian states & are limited only to metropolitan cities.Also they would expect candidates with prior banking experience or specialized degrees to join their team.
If you are very much interested to work in international bank, better get in touch with a job consultant who could help you in the process.
But before moving ahead to know on how to apply for recruitments in new generation private banks, there are certain things which you need to ponder.
Understand the Position
Before proceeding to fill the applications there are 3 things you have to look into when opting for a job in private banks.What are those?
Job profile: Rather than applying for all posts, look at the job responsibilities to check if it suits you.
There is no point in applying for a marketing post when you hate to travel.The same can be said for a person who is poor in communication opting for customer service vacancy.
Bond: Be clear about the conditions specified & then decide.
For freshers there may a bond period of 1 or 2 year before the end of which you cannot quit or resign.
ICICI bank, Kotak mahindra bank & Axis bank have special recruitment programmes wherein fresh graduates are selected, trained for 1 year & then appointed as managers.
Salary: Without any doubt everyone will pay attention to their salary packages but ask details about the salary before joining.
Enquire about the pay structure i.e. basic pay excluding incentives, allowances etc., as they are normally clubbed with the monthly income.
Also clarify about the pay/stipend during training period & the cost to remit incase of quitting service.
How to apply?
Since this is a direct intake, all type of positions ranging from executives, managers & branch heads will be advertised based on their requirements.
ICICI Bank Jobs
ICICI bank operates icicicareers.com to list all its ongoing recruitment activities.
To know about upcoming jobs in icici bank & their popular ICICI Manipal PO recruitment programme in association with manipal university, visit ICICI PO Recruitment page for more info.
Axis Bank Jobs
Axis bank lists its vacancies on its own website along with position name, location & date posted.
They have recently started a new recruitment process called Axis Bank Young bankers Program in association with Manipal University & Amity Business School.
To know about this latest development, see Axis Bank Young Bankers Program Recruitment details.
HDFC Bank Jobs
Applying for jobs in HDFC bank also works in the same manner as given above.
- A list of available vacancies along with posted date would be shown in the first page.
- Those satisfying the conditions can login to apply whereas new users have to register & submit their details.
If your profile is a best fit for the position, you would be invited for the next round of selection.