HDFC Bank in partnership with Manipal Global Academy of BFSI, on Wednesday launched Future Bankers program (#futurebankers), which aims to turn young graduates into highly-trained, well-groomed, customer-facing personnel. It entails on-campus learning, an internship, and a full-time job opportunity at the bank on successful completion.
The program will help HDFC Bank:
- create a pipeline of qualified young executives
- ensure a consistent, high-quality customer service experience across geographies, regions and language
The Future Bankers program is a full-time residential course where participants spend the first 6 months at Manipal Global Academy of BFSI’s campus and the last 6 with the bank as an intern. All successful candidates will receive a postgraduate diploma certificate in Sales & Relationship Banking, and will be hired by the bank at its different branches across the country as Personal Bankers.
The starting salary for the job is Rs 4 lakh per annum plus allowances depending on the category of town/city of posting. The bank intends to hire 5000 such professionals over the next 2-3 years.
Early on, to ensure quality of intake, applicants will undergo a stringent screening process, which includes an online assessment and interview. Only those shortlisted will join the campus program. The course fee is Rs 3.3 lakh plus taxes for the full year, payable to Manipal Global Academy of BFSI. Those desirous can also avail educational loans from HDFC Bank at lower-than-market rate of interest.
The Future Bankers program was launched by Vinay Razdan, Chief Human Resource Officer, HDFC Bank and Subrat Mohanty, Group President, Manipal Education & Medical Group and Robin Bhowmik, Chief Business Officer, Manipal Global Academy of BFSI at an event in Mumbai.
“We believe that customer experience will define the future of banking. Giving them a uniform yet high-quality experience across touch points is what will set a winner apart. The Future Bankers program will allow the bank to have at its disposal a cadre of highly-trained, well-rounded professionals to do just that,” said Razdan. “We have created an amazing opportunity for the country’s talented young graduates to join the exciting banking industry, and jumpstart their careers with one of India’s best workplaces,” he added.
“World class banks are adopting agile banking practices through swift adoption of innovative tools and a nimble, digital-smart workforce. Manipal Global Academy of BFSI uses its cutting edge edtech platform to help leading banks make their workforce future ready. HDFC Bank and Manipal Group have co-created the Future Bankers Program to produce next-gen bankers at scale. We are confident this programme will consolidate HDFC Bank’s position as the country’s most credible private sector bank,” said Mohanty.