HDFC Future Bankers Program
HDFC Future Bankers Program
The HDFC Future Bankers Program is a golden opportunity for fresher graduates who wants to build career in banking. This course is collaborated with Manipal Academy of BFSI. It is designed to gain practical skill, industry knowledge and real-world experience so that candidated get job ready as Personal Bankers at the Deputy Manager level in HDFC Bank which is India’s leading private sector bank. HDFC Future Bankers Program includes structures curriculum, training, stipends that helps to get succeessful in banking career.
Program Overview:
The HDFC Future Bankers Program 2.0 is a 1-year professional diploma program aimed at transforming graduates into skilled banking professionals. The program is structured to provide a blend of classroom learning, internship, and on-the-job training (OJT), ensuring participants gain hands-on experience in banking operations, sales, and customer relationship management.
Key Highlights:
- Job Role: Personal Banker at the grade of Deputy Manager
- Salary: Gross CTC of ₹5.59 LPA (inclusive of non-cashable loan benefits)
- Certification: Post Graduate Diploma in Sales & Relationship Banking from Manipal Academy of BFSI
- Program Duration: 12 months
- 4 months of residential classroom training at Manipal Academy of BFSI, Bangalore
- 2 months of internship at an HDFC Bank branch
- 6 months of on-the-job training (OJT) at an HDFC Bank branch
- Course Fee: ₹2,37,588 + GST (includes 4 months of accommodation)
- Fee Reimbursement: Course fee refundable after 2-3 years of service, based on performance
- Loan Facility: Available to finance the course fee, with a loan helpdesk for guidance
To know more about Banking Program click here
Training and Stipend Structure
The program is designed to provide a “learn and earn” model, where participants receive stipends during the training phases and comprehensive campus benefits during the residential program.
Training Breakdown:
- 4-Month Residential Classroom Training (Manipal Academy of BFSI, Bangalore)
- Stipend: ₹5,000 per month
- Campus Benefits:
- Accommodation (lodging)
- Food
- Uniforms (dress)
- Tablet for digital learning
- Study materials
- Curriculum: Covers core banking, retail banking, financial planning, wealth management, digital banking, sales, customer service, compliance, IT systems, and business communication
- 2-Month Internship (at any HDFC Bank branch across India)
- Stipend: ₹10,000 per month
- Focus on practical exposure to banking products, processes, and customer interactions.
- 6-Month On-the-Job Training (OJT) (at any HDFC Bank branch)
- Stipend: ₹24,000–₹26,000 per month
- Hands-on experience in day-to-day banking operations, compliance frameworks, and sales.
Upon successful completion, candidates are offered a full-time role as a Personal Banker with a CTC of ₹5.59 LPA. The program also includes fee reimbursement after 2-3 years of service, subject to performance, making it a financially rewarding investment.
Eligibility Criteria
To apply for the HDFC Future Bankers Program 2.0, candidates must meet the following requirements:
- Age: 21–28 years (as of the reference date, e.g., 01.03.2023 for previous cycles)
- Gender: Open to both male and female candidates
- Educational Qualification:
- Full-time graduation in any stream (e.g., BA, B.Com, BBA, B.Sc, BCA, etc.)
- Minimum 50% marks from a recognized university or equivalent qualification recognized by the Central Government
- Additional Requirements:
- No relatives should be employed at HDFC Bank or enrolled in the Future Bankers Program.
- No pending legal cases in any court of law.
- Candidates currently working with HDFC Bank or its subsidiaries are not eligible.
- Experience: Open to fresh graduates and candidates with up to 2 years of work experience.
Course Fee and Financing
- Total Fee: ₹2,37,588 + GST (includes 4 months of accommodation during the residential training)
- Loan Facility: HDFC Bank offers easy financing options for the course fee. Candidates can also opt for education loans from other financial institutions. A dedicated loan helpdesk is available to guide applicants through the process.
- Fee Reimbursement: The course fee is refundable after 2–3 years of service with HDFC Bank, based on performance, adding significant value to the program.
Selection Process
The selection process for the HDFC Future Bankers Program is transparent and merit-based, designed to identify candidates with the potential to excel in banking. The steps are as follows:
- Online Application: Candidates must register through the official HDFC Bank or Manipal Academy of BFSI website and pay a non-refundable application fee of ₹479 + GST.
- Online Assessment Test:
- Format: Objective-type multiple-choice questions
- Subjects Covered:
- Logical & Quantitative Ability
- English Language
- Personality Test
- Sales Aptitude
- Tips for Preparation:
- Review the syllabus thoroughly to cover all topics.
- Practice previous years’ question papers to understand the exam pattern.
- Take mock tests to improve speed and accuracy.
- Personal Interview: A one-on-one interaction to assess banking knowledge, problem-solving skills, and career aspirations.
- Provisional Offer Letter: Selected candidates receive a provisional Letter of Intent (LOI) after document verification and background checks.
- Training: Enrolled candidates begin the 12-month program.
- Job Placement: Successful candidates are offered a full-time role as a Personal Banker at the Deputy Manager grade, with postings across HDFC Bank branches in India, subject to business requirements.
Test Pattern for Online Assessment
The online assessment test is a critical part of the selection process. While the exact marking scheme and duration may vary, the following details are based on previous cycles:
- Type: Objective, multiple-choice questions
- Sections:
- Logical & Quantitative Ability: Tests reasoning skills and numerical aptitude.
- English Language: Assesses proficiency in comprehension, grammar, and vocabulary.
- Personality Test: Evaluates traits like teamwork, communication, and adaptability.
- Sales Aptitude: Gauges the candidate’s ability to understand customer needs and drive sales.
- Negative Marking: No information on negative marking has been disclosed; candidates should check the official notification for updates.
- Duration and Marks: Specific details are released with the exam notification, so candidates should stay updated via the HDFC Bank or Manipal Academy website.
Preparation Tips:
- Create a study schedule to cover all syllabus topics.
- Solve mock tests and previous papers to familiarize yourself with the question types.
- Focus on time management to improve speed and accuracy.
- Revise key banking concepts, such as retail banking, financial products, and compliance frameworks.
Also Read: How to Ace HDFC Future Bankers Aptitude Test
Roles and Responsibilities of a Personal Banker
As a Personal Banker at the Deputy Manager level, you will play a pivotal role in driving HDFC Bank’s customer-centric vision. Key responsibilities include:
- Customer Acquisition: Open new Savings and Current Accounts for both resident and non-resident customers.
- Cross-Selling: Promote banking products such as credit cards, fixed deposits, loans, insurance, mutual funds, and advisory services.
- Relationship Management: Build and nurture long-term client relationships to maximize wallet share.
- Portfolio Management: Manage a classic portfolio of customers, ensuring personalized services and meeting income targets.
- Account Retention: Monitor account attrition and persuade customers to renew fixed deposits or maintain balances.
- Corporate Accounts: Activate and manage corporate salary accounts.
- Compliance and Sales Targets: Adhere to banking regulations and achieve sales benchmarks using referrals, walk-ins, and data analytics.
Why Choose the HDFC Future Bankers Program?
The HDFC Future Bankers Program 2.0 stands out for several reasons:
- Industry-Leading Training: Delivered by Manipal Academy of BFSI, a leader in BFSI education, the program offers a co-created curriculum tailored to industry needs.
- Earn While You Learn: Stipends during the internship and OJT phases ensure financial support throughout the program.
- Guaranteed Job Placement: Successful candidates are assured a full-time role as a Personal Banker with HDFC Bank, one of India’s top private sector banks.
- Career Growth: The program provides a clear pathway to a rewarding career with opportunities for advancement in the banking sector.
- Fee Reimbursement: The refundable course fee makes the program a cost-effective investment for long-term career growth.
- Inclusive Opportunity: Open to graduates from any stream and both genders, with no prior banking experience required.
Conclusion
The HDFC Future Bankers Program 2.0 is a transformative opportunity for young graduates to kickstart a fulfilling career in banking. With its robust training, stipend structure, and assured job placement, the program equips candidates with the skills and confidence to excel as Personal Bankers at HDFC Bank. If you’re passionate about banking and meet the eligibility criteria, don’t miss this chance to join one of India’s top private sector banks. Apply today, prepare diligently for the selection process, and take the first step toward a rewarding career in banking!
For more details, visit the official HDFC Bank website or the Manipal Academy of BFSI portal. Stay tuned for updates on batch commencement and application deadlines.