Equitas Small Finance Bank BDO Program: Launch Your Banking Career in 2025
Equitas Small Finance Bank BDO Program: Launch Your Banking Career in 2025
India’s banking sector, valued at $465.1 billion in 2024, is set to create over 1.5 lakh jobs in 2025, with small finance banks like Equitas Small Finance Bank leading financial inclusion efforts. The Equitas Small Finance Bank Business Development Officer (BDO) Program, in partnership with UNext Manipal Academy of BFSI and the Institute of Professional Banking (IPB), is a job-assured initiative designed to train and place graduates in roles like Business Development Officer. Offering salaries of ₹3.5 LPA plus incentives, this 2-week intensive program equips candidates with skills in sales, customer engagement, and banking compliance. This blog explores the program’s structure, benefits, eligibility, application process, and preparation tips, with insights from Eduooze Skill Institute, a trusted training provider with over 7,000 placements.
What is the Equitas Small Finance Bank BDO Program?
The Equitas Small Finance Bank BDO Program is a fast-track career launchpad offered by Equitas Small Finance Bank, a leading institution founded in 2007 as a microfinance lender and operational as a small finance bank since 2016. With over 400 branches and a focus on underserved communities, Equitas partners with UNext Manipal Academy of BFSI and IPB to deliver this 2-week residential training program. It prepares candidates for roles in business development, focusing on acquiring new customers and managing liability products like savings and current accounts. The program guarantees placement with Equitas across locations like Mumbai, Delhi, and South India.
Eduooze Insight: “The BDO Program is a golden opportunity for freshers to enter banking with hands-on training and assured jobs,” says Bhavna Rohera, Banking Trainer.
Source: Equitas BDO Program – equitasbdo.manipalbfsi.com; Equitas Ignite Program – ipbindia.com
Key Features of the Equitas BDO Program
Program Structure
- Duration: 2 weeks (residential training).
- UNext Manipal Track: Conducted in South India (e.g., Chennai, Bengaluru).
- IPB Track: Held at Baddi University, near Chandigarh.
- Curriculum: Covers modern banking practices, customer engagement, sales strategies, KYC/AML compliance, and digital banking tools.
- Program Fee: ₹42,000 + GST (covers training, tuition, boarding, and lodging).
- Performance Bonus: ₹42,000 refunded upon completing 12 months with Equitas.
- Certification: Issued by UNext Manipal Academy or IPB upon completion.
- Job Role: Business Development Officer (BDO).
- Responsibilities: Acquire new liability accounts (savings/current), build customer relationships, meet sales targets, and ensure compliance.
- Salary: ₹3.5 LPA + incentives (up to ₹50,000 annually).
- Locations: Mumbai, Delhi, Haryana, Punjab, Gujarat, Rajasthan, South India.
Program Benefits
- 100% Job Assurance: Guaranteed placement with Equitas Small Finance Bank.
- Competitive Salary: ₹3.5 LPA plus performance-based incentives.
- Skill Development: Training in sales, CRM, and compliance by senior bankers.
- Career Growth: Progress to roles like Branch Manager (₹6–10 LPA) within 3–5 years.
- Industry Exposure: Work with Equitas’ tech-driven, inclusive banking model serving 4.5 million customers.
Source: Equitas BDO Program – equitasbdo.manipalbfsi.com; IPB Equitas Ignite – ipbindia.com
Eligibility Criteria
- Qualification: Any degree (10+2+3 or 10+2+4) with minimum 50% marks in undergraduate studies.
- Age: 26 years or younger.
- Program Type: Full-time graduates only.
- Gender: Open to all genders.
- Additional: Strong communication skills, willingness to work in sales-driven roles.
Source: Eligibility – equitasbdo.manipalbfsi.com
Application and Selection Process
- Online Registration:
- Apply at equitasbdo.manipalbfsi.com or ipbindia.com.
- Submit personal details, educational certificates, and date of birth.
- Pay a nominal registration fee (if applicable).
- Assessment:
- Online Test: Evaluates aptitude (Numerical, Verbal, Reasoning) and basic banking knowledge.
- Virtual Interview: Conducted by Equitas and UNext Manipal/IPB to assess communication, sales aptitude, and motivation.
- Provisional Offer Letter (POL):
- Issued upon clearing assessments, securing a seat in the program.
- Pay ₹42,000 + GST program fee (covers training, boarding, lodging).
- Training Phase:
- 2-week residential training (South India for UNext Manipal; Baddi University for IPB).
- Focus on sales strategies, customer engagement, and compliance.
- Placement:
- Join Equitas Small Finance Bank as a BDO in select locations across India.
Eduooze Support: Guidance on applications, test preparation, and mock interviews tailored for Equitas’ assessments.
Source: Registration Process – equitasbdo.manipalbfsi.com; IPB Process – ipbindia.com
Key Skills Developed in the BDO Program
- Sales and Business Development:
- Techniques for acquiring new customers and meeting sales targets.
- How to Develop: Practice 3–5 sales pitches during training.
- Customer Relationship Management (CRM):
- Build trust and maintain long-term client relationships.
- How to Develop: Role-play client interactions via Eduooze workshops.
- Compliance and Documentation:
- Adhere to KYC/AML guidelines and manage account opening processes.
- How to Develop: Study RBI regulations through Eduooze’s PGCRB.
- Digital Proficiency:
- Use digital platforms for account management and reporting.
- How to Develop: Train on banking software via Eduooze modules.
- Market Awareness:
- Understand customer needs and market trends.
- How to Develop: Analyze case studies during training.
Eduooze Support: PGCRB covers sales, compliance, CRM, and digital tools for banking roles.
Source: Job Description – ipbindia.com
Roadmap to Success in the Equitas BDO Program
- Pre-Application (1–2 Weeks):
- Research the program on equitasbdo.manipalbfsi.com or ipbindia.com.
- Verify eligibility (graduate, 50% marks, age ≤26).
- Prepare documents: 10th/12th/graduation marksheets.
- Application and Assessment (2–4 Weeks):
- Submit online application and register for assessments.
- Practice 50 aptitude questions daily (20 Verbal, 15 Numerical, 15 Reasoning).
- Prepare for interviews: 5 behavioral questions (e.g., “How would you convince a client to open an account?”) using STAR method.
- Eduooze Support: 1,000+ mock questions and interview prep.
- Training Phase (2 Weeks):
- Attend residential training in South India or Baddi University.
- Complete assignments and pass assessments.
- Pay program fee (₹42,000 + GST).
- Placement and Career Start:
- Join Equitas as a BDO (₹3.5 LPA + incentives).
- Aim for promotions to Branch Manager (₹6–10 LPA) within 3–5 years.
Timeline: Application (1 month), Training (2 weeks), Placement = ~1.5 months total.
Source: Program Overview – equitasbdo.manipalbfsi.com
Challenges and Solutions
- Program Fee Affordability:
- Challenge: ₹42,000 + GST may be a barrier for some candidates.
- Solution: Full fee refund as a performance bonus after 12 months with Equitas.
- Competitive Selection:
- Challenge: High applicant volume for limited seats (e.g., 50–100 per batch).
- Solution: Excel in aptitude tests and interviews with Eduooze’s PGCRB preparation.
- Relocation Requirements:
- Challenge: Training and job placements may require relocation.
- Solution: Plan logistics early; program covers boarding and lodging during training.
Testimonial: “Eduooze’s PGCRB and mock tests helped me ace the Equitas BDO Program’s selection, securing a ₹3.5 LPA role!” – Anil K., Chennai, 2025.
Why Choose Eduooze Skill Institute?
- PGCRB Program: Tailored for banking roles, covering sales, compliance, CRM, and digital tools.
- Mock Tests: 1,000+ questions for aptitude, banking knowledge, and interview preparation.
- Workshops: Focus on sales pitches, KYC compliance, and customer engagement.
- Job Fairs: Connect with Equitas and other BFSI recruiters.
- Certifications: PGCRB enhances employability for banking careers.
- Contact: 9142465110 or www.eduooze.com.
Conclusion
The Equitas Small Finance Bank BDO Program is a transformative opportunity for graduates to launch a rewarding career in India’s banking sector, offering a ₹3.5 LPA salary, incentives, and a clear path to roles like Business Development Officer. With a 2-week training program, comprehensive skill development, and guaranteed placement, it’s an ideal entry point for aspiring bankers. By leveraging Eduooze Skill Institute’s PGCRB for test and interview preparation, candidates can navigate the competitive selection process and excel in this dynamic field. Apply today to join Equitas and build a thriving banking career in 2025!
Call to Action: Launch your banking career with Eduooze Skill’s PGCRB! Call 9142465110 or visit www.eduooze.com to prepare for the Equitas BDO Program.
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