Banking is always a buzzing sector in India in terms of business, growth, and jobs.Though large recruitments are advertised by public sector banks, there are equal vacancies in private bank jobs as well.
IBPS (Institute of Banking Personnel Selection) conducts a common written examination (CWE) for PO, clerk & specialist officer posts in public banks. Last year, 36000 govt bank jobs were filled by IBPS.
IBPS exams does NOT apply to private banks, which means you cannot apply for jobs in private banks after passing in any IBPS exam.
If you were thinking that top private banks in India recruit only from top B-schools, you are wrong.They are announcing many openings and are conducting direct recruitments, for which eligible candidates can apply directly.
To make things easy for numerous youngsters, we have explained here on how to apply for jobs in india`s top private banks.
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 expect applicants 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.
There are 3 things you must know, before moving to apply for recruitments in the new generation private banks.
1.Understand the Job profile: Rather than applying for all posts, look at the job responsibilities of the opening, 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 a customer service/relations vacancy.
2.Service Bond: Be clear about the service bond conditions specified by the bank.
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.
3.Salary structure: Everyone of you will pay attention to the salary offered by the private bank, but get clear details about the package during the interview stage itself.
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 repay, incase of quitting service before the end of bond period.
How to apply?
Since this is a direct intake, there will be all type of positions in the bank – ranging from executives, managers & branch heads. So choose and submit your applications.
HDFC Bank Jobs: HDFC Bank is the largest private sector bank in India, with a network of 5500 branches and over 1 lakh employees.
A list of available vacancies (6000+ openings) are shown on their careers page, for which you need to register and apply.Click here for available jobs
ICICI Bank Jobs: ICICI bank is one the leading private bank in India , established in 1994.It has a network of 5200 branches across the nation.
They have a dedicated website to list all their ongoing recruitment activities.- icicicareers.com. Click here to search and apply.
Incase there are no openings in ICICI bank portal, make sure to submit your details to their talent database, for being future vacancy consideration.
Axis Bank Jobs: Axis bank lists its vacancies on its own website along with position name, location & experience required.Click here to search and apply
Those who satisfy the conditions can login to apply whereas new users have to register, upload their resume and proceed for submission.
IndusInd Bank Jobs: IndusInd Bank is one of the upcoming private bank with head office in Pune.It has over 1500 branches across the country.
Choose the desired position and submit your profile through their dedicated webpage here.
IDFC First Bank Jobs: IDFC First is a new private bank and is growing at a fast rate among the new generation private banks.
A lot of new openings are being posted regularly by this bank that can be checked on their careers page here.
