Axis Bank Young Bankers Program is a 1-year full-time residential program leading to Post Graduate Diploma in Banking (PGDBS) Services. The candidate who qualifies the online entrance exam and opts for the program will get an assured placement with Axis Bank as an Assistant Manager. The students who have completed their graduation in any stream or are in the final year of their studies can apply for Axis Bank Young Bankers Program. It is a one year programme.
Course Name: Post Graduate Diploma in Banking Services
The Young Banker Program is 12 months, which includes 9 months of classroom sessions and 3 months of Internship at any branch/office of Axis Bank. The Program is offered at Manipal Global Education in Bangalore and Amity Global Business School in Noida.
The aim of the Young Banker Program is to develop a talent pool of youngBankers by equipping them with necessary banking knowledge and required skillset.
Fee for the entire program is Rs. 3,82,024 payable term wise and there is no service bond to be signed by the candidates.
There is guaranteed job placement and a probation of 6 months.
Axis Bank Young Bankers Program Important Dates
Young Bankers Program Application Starts
1 March 2017
Young Bankers Program Registration Ends
19 March 2017
Young Bankers Program Exam
1 to 4 April 2017
Young Bankers Program Interview
24 to 28 April 2017
Young Banker Program Starts
6 to 9 June 2017
Unique Aspects of Axis Bank Young Bankers Program
Students are paid a monthly stipend of Rs.5000 during their on-campus classroom sessions and Rs.12000 per month are paid to them during the period of internship.
On successful completion of the program, the students will be appointed as Front Desk Officer at Assistant Manager Grade at gross CTC of Rs.4.01 Lakh.
On successful completion of the program the candidate will be able to:
Demonstrate a systematic understanding of banking concepts and systems.
Gain critical awareness of current challenges and new trends in banking Industry.
Demonstrate an ability to communicate effectively in business situations.
Demonstrate a practical understanding of banking procedures and practices and successfully apply it to real-life business situations.
The students will be provided with a medical insurance cover of Rs.1,00,000 during their period of study.
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Axis Bank Young Bankers Program Eligibility criteria
Nationality: The program is open for national of India only.
Age: The candidates must be younger than 25 years i.e. born on or after 1 April 1992.
Academic Qualification: The applicant must have completed graduation from any stream or should be in the final year of the graduation.
Minimum Qualifying Marks: The student must have scored minimum 55% marks in the final year of their graduation or an aggregate of 55% & above in their graduation.
Axis Bank Young Bankers Program Application form and Admit Card
Interested candidates need to make an online application on Axis Bank’s Career page and complete the application formalities. Applicants need to pay an application fee of Rs.500 in order to complete the application process. Further details are as follow:
Application Form: The application process is completely online and the formalities related to the application need to be completed on the myAMCAT’s dedicated page for Axis bank’s Young Banker Program.
Details Required: Candidates need to enter their personal information such as name, father’s name, address, contact number, e-mail id, details of educational qualification and other information in order to complete the application process.
Payment of Application Fee: Candidates need to make a payment of Rs.500 by the means of a demand draft, cash or net banking mode at any branch of Axis Bank.
Application Confirmation: Once the application process is complete and the application fee has been successfully deposited, candidates will receive 2mails.
The first mail will have the information related to the myAMCAT user id and password.
The second mail will be the confirmation mail for the receipt of the application fee.
Documents required: The applicants need to upload their Graduation final year mark sheet/ Exam Hall Ticket-2014 to complete the application process.
Size: Maximum 500kb.
Format: jpg or bmp or jpeg or pdf.
The candidates who want to apply for the Axis Bank Young Banker Program can submit the application only through online mode on the official website of Axis Bank at www.axisbank.com. The candidates have not to send any hard copy of the application form.
Axis Bank Young Bankers Program Fees
The candidates who are filling the Axis Bank Young Program 2017 application form have to pay the application fee of Rs. 500.
Axis Bank Young Bankers Program Fee (Annual)
The candidates who want to get admission in Axis Bank Young Banker Program Fee (Annual) will have to pay the course fee as given follow:
Axis Bank Young Bankers Program Result and Counselling
The selection process is divided into 2 stages i.e. online aptitude test and personal interview. Candidates clearing the Aptitude test will be called for the personal interview. The details of the application process are as follow:
Stage 1- Online Aptitude Test: Applicants need to appear in the online aptitude test which is designed to assess the proficiency of the candidate in English, Quantitative Ability, Logical Reasoning and Personality
Stage 2- Personal Interview: Those students who were able to clear the aptitude test successfully will be informed about the personal interview by the mean of SMS or E-mail.
Axis Bank gives Provisional Letter of Appointment to all the candidates who successfully joins the Young Banker Program.The students who enrol in the program have to maintain the minimum attendance of 90%.After joining the job at Axis Bank, there will be a probation of 6 months.
First Trimester: It will comprise of Basics of Banking, IT in Banking, Business communication, Managerial Economics, Business Mathematics and Statistics, Accounting, General Management.
Second Trimester: It will comprise Banking and allied services, Banking environment, Advanced Business Communication, Receipts and Payment systems, Lending
Third Trimester: It will comprise Financial Planning, Foreign Exchange, Credit Risk Management, Retail Banking, Treasury Management, Recovery Management, Business Analytics.
Fourth Trimester: Learning will be on the job and will be in the form of the Internship and Project work.
Benefits of Young Bankers Program
On successfully joining the Axis Bank, the candidates will be entitled o the following benefits during their period of study:
Stipend: Young Bankers will get a monthly stipend of Rs.5000 during the period of their studies i.e. for the first 9 months in order to meet the out of pocket expenses. During the time of their internship i.e. last 3 months, candidates will get a stipend of Rs.12000 per month as their living expenses.
Insurance: During the duration of the course, young bankers will be covered by medical insurance of Rs.1,00,000.
Absorption: On successful completion of the Young Baker Program, candidates will be absorbed in Axis Bank as an Assistant Manager at a gross CTC of Rs.4.01 lacks.
Axis Bank Young Bankers Program Exam pattern
Duration: The total time allotted for the aptitude test is 2 hours.
Type of Questions:The examination will have multiple choice questions and a specific time is allotted to a specific module, which cannot be carried forward to the next module.
Negative Marking: There is no provision of negative marking in the examination, so students can attempt any number of questions they want to.
Candidates cannot review a question once it has been answered.
Second Stage of entrance test: Axis bank can conduct a second stage of entrance examination in case bank thinks that the second stage of examination is required.
The Examination will be divided into 4 modules and candidates need to attempt each section within a specific time allotted to that particular module.
Approx. Duration (minutes)
Axis Bank Young Bankers Program Important details
Online Test Centers
The online aptitude examination will be conducted at the following examination centres located in various cities throughout the country: